Patent ID: 8136584

Claim:
A tubing punch and setting tool (TPST) for running and setting a reference tool in a tubing string in a well bore and for punching at least one hole in the tubing string on a single trip in the well bore, the TPST comprising: a substantially cylindrical body having a first end adapted for connection to conveyancing means; a setting tool with means to connect to the reference tool at a second end; a punch tool comprising a substantially cylindrical body including at least two punch assemblies arranged perpendicularly to a central axis of the body, a hydraulic fluid chamber including a boost piston to compress the fluid and a fluid pathway, from the chamber, to deliver the compressed fluid to the punch assemblies and thereby operate the punch assemblies; at least two power delivery module; and, an actuation means located between the ends; wherein the actuation means adapted to trigger first power delivery module to power the setting tool to set the reference tool against the tubing and trigger second power delivery module to power the punch tool to punch at least one hole in the tubing.