Patent ID: 9400765
Filing Date: 2016-07-26
CPC Classification: E21B,G01N,G01V,G06F,G07C,G16Z

Claim Text:
1. An apparatus for calculating the service life expectancy of wellbore intervention tools, the apparatus comprising: one or more sensors for measuring physical properties associated with the operation of at least one wellbore intervention tool; a controller located at or near the location of the one or more sensors for acquiring data from the one or more sensors indicative of the occurrence of events associated with the operation of at least one wellbore intervention tool and time information associated with the events; a power supply for powering the controller; a control device located remotely from the controller and the one or more sensors; and connectivity apparatus facilitating communication between the controller and the control device; wherein at least of the controller and the control device evaluates the data from the one or more sensors indicative of the occurrence of events associated with the operation of at least one wellbore intervention tool and time information associated with the events to provide a prediction of reduction remaining wellbore intervention tool service-life.