I know of no explicit limit on the H/D ratio in API-650. However, Section 3.6.5 does warn that if the "L/H" ratio exceeds 2, then an elastic analysis must be performed to show that the computed circumferential stresses are below the allowables given in Table 3-2.
In the above ratio, L = SQRT( 6 * D * t ) if using English units and L = SQRT( 500 * D * t ) if using SI units.
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Regards,
Richard Ay (COADE, Inc.)
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Regards,
Richard Ay - Consultant