Patents Assigned to Paramount Design LLC
  • Patent number: 11821281
    Abstract: The present disclosure describes systems and methods for flow-activated plug assembly flow seat initiation, which in some aspects may comprise sealing a plug within a downhole bore, and may include a plug assembly comprising a frustoconical tube; a tubular mandrel positioned longitudinally through the frustoconical tube and having port(s) fluidly connecting a mandrel bore with the bore of the frustoconical tube, and having a shear ring extending from the mandrel; and a ball configured to fluidly seal the proximal end of the tubular mandrel; wherein the tubular mandrel is configured to move between a first position having a fluid passageway through the ports and a second position wherein the shear ring has been sheared away when a predetermined fluid pressure is applied to the plug assembly and the tubular mandrel is positioned relative to the frustoconical tube such that the port(s) are blocked, closing the fluid passageway.
    Type: Grant
    Filed: August 18, 2021
    Date of Patent: November 21, 2023
    Assignee: Paramount Design LLC
    Inventors: Loren Swor, Brian Wilkinson
  • Patent number: 11821275
    Abstract: A downhole tool comprising magnesium is placed in a well bore in a subterranean formation for performance of a downhole operation. After performance of the downhole operation, rather than mechanically retrieving or removing the tool, at least a portion of the magnesium in the downhole tool is dissolved by contacting the downhole tool with an aqueous ammonium chloride solution.
    Type: Grant
    Filed: September 14, 2021
    Date of Patent: November 21, 2023
    Assignee: Paramount Design LLC
    Inventors: Brad Todd, Loren Swor
  • Patent number: 11156050
    Abstract: A downhole tool comprising magnesium is placed in a well bore in a subterranean formation for performance of a downhole operation. After performance of the downhole operation, rather than mechanically retrieving or removing the tool, at least a portion of the magnesium in the downhole tool is dissolved by contacting the downhole tool with an aqueous ammonium chloride solution.
    Type: Grant
    Filed: May 3, 2019
    Date of Patent: October 26, 2021
    Assignee: Paramount Design LLC
    Inventors: Brad Todd, Loren Swor
  • Patent number: D949936
    Type: Grant
    Filed: December 23, 2019
    Date of Patent: April 26, 2022
    Assignee: Paramount Design LLC
    Inventors: Brian Wilkinson, Loren Swor