ALEXANDRIA, Va., July 14 -- United States Patent no. 12,680,387, issued on July 14, was assigned to Schlumberger Technology Corp. (Sugar Land, Texas).

"Modular downhole tool systems with integrated hydraulic-electric actuation and intelligent flow control for coiled tubing operations" was invented by Mark Hofacker (Sugar Land, Texas), Jeffrey Conner McCabe (Sugar Land, Texas), Mark Callister Oettli (Sugar Land, Texas), Pierre Ramondenc (Petaling Jaya, Malaysia), Christian Robert Keppeler (Sugar Land, Texas) and Richard Morrison (Sugar Land, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system includes a downhole tool string having a downhole well tool configured to perform one or more downhole well ...