Abstract: An item (e.g. a drill bit) handling method, the item for use in a well operation, the method including producing information about an item used for a specific well task, the information including design information and intended use information, producing an item identification specific to the item, associating the information with the item identification producing thereby an information package, installing the information package in at least one wave-energizable apparatus, and applying the at least one wave-energizable apparatus to the item.

Abstract: An item (e.g. a drill bit) handling method, the item for use in a well operation, the method including producing information about an item used for a specific well task, the information including design information and intended use information, producing an item identification specific to the item, associating the information with the item identification producing thereby an information package, installing the information package in at least one wave-energizable apparatus, and applying the at least one wave-energizable apparatus to the item. This abstract is provided to comply with the rules requiring an abstract which will allow a searcher or other reader to quickly ascertain the subject matter of the technical disclosure and is submitted with the understanding that it will not be used to interpret or limit the scope or meaning of the claims, 37 C.F.R. 1.72(b).