The proposed model views drop coalescence in a turbulent flow field as a two-step process consisting of formation of a doublet due to drop collisions followed by coalescence of the individual droplets in a doublet due to the drainage of the intervening film of continuous phase under the action of colloidal (van der Waals and electrostatic) and random turbulent forces. The turbulent flow field was assumed to be locally isotropic. A first-passage-time analysis was employed for the random process of intervening continuous-phase film thickness between the two drops of a doublet in order to evaluate the first two moments of coalescence-time distribution of the doublet. The average drop coalescence time of the doublet was dependent on the barrier for coalescence due to the net repulsive force (net effect of colloidal repulsive and turbulent attractive forces). The predicted average drop coalescence time was found to be smaller for larger turbulent energy dissipation rates, smaller surface potentials, larger drop sizes, larger ionic strengths, and larger drop size ratios of unequal-sized drop pairs. The predicted average drop coalescence time was found to decrease whenever the ratio of average turbulent force to repulsive force barrier became larger. The calculated coalescence-time distribution was broader, with a higher standard deviation, at lower energy dissipation rates, higher surface potentials, smaller drop sizes, and smaller size ratios of unequal drop pairs. The model predictions of average coalescence-rate constants for tetradecane-in-water emulsions stabilized by sodium dodecyl sulfate (SDS) in a high-pressure homogenizer agreed fairly well with the inferred experimental values as reported by Narsimhan and Goel (J. Colloid Interface Sci. 238 (2001) 420-432) at different homogenizer pressures and SDS concentrations.