Abstract: A circulating downhole tool utilising a variable fluid pressure regulated cycle valve device that can be attached to the borehole assembly BHA of a coiled tubing and used down an offshore or onshore wellbore is disclosed. The circulating downhole tool utilising a variable fluid pressure regulated cycle valve device can be remotely operated by an operator on the surface as many times as required in either the through-flow, intermediary or circulatory modes-of-operation, by simply varying the drilling fluid flow rate and pressure being supplied from the pump located on the surface and interconnected to the coiled tubing and the BHA that will include the circulating downhole tool utilising a variable fluid pressure regulated cycle valve device.