ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,205, issued on Aug. 25, was assigned to GRANT PRIDECO INC. (Houston).

"Comprehensive system for managing inventory, delivery and quality control of reusable setting tools" was invented by Michael R. Robicheaux (Breaux Bridge, La.), Trey Falgout (Lafayette, La.), M. Joseph Montgomery (Lafayette, La.) and Brady Guilbeaux (Maurice, La.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A comprehensive system for managing inventory, delivery and quality control of reusable downhole setting tools. Component parts are laser engraved with scannable unique identification codes for part trackability and traceability purposes. Tools can be function-tested before ...