Patents by Inventor Anthony Petrello

Anthony Petrello has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20220374983
    Abstract: Systems and methods for deleveraging a company's balance sheet in a non-dilutive fashion that is favorable to the company and equity owners are disclosed. In one embodiment, a computer system identifies equity shareholder accounts by querying a shareholder database and issues shareholder warrants that incentivize deleveraging (“a SWID”) of an issuer to the equity shareholder accounts. The SWID may comprise a right to purchase a share of an issuer's equity at a strike price using the issuer's debt as payment. The system monitors for and detects requests from SWID holder accounts to exercise their SWIDs. When a SWID holder exercises their SWID, the system updates an issuer record database to indicate a reduction of the issuer's debt and assignment of the share to the SWID holder.
    Type: Application
    Filed: May 17, 2022
    Publication date: November 24, 2022
    Inventors: Anthony PETRELLO, Brendan DYSON
  • Patent number: 9416595
    Abstract: A method includes attaching a carriage support to a platform, the platform comprising a platform floor having an opening therein, with the carriage support located proximate the opening, attaching a drive carriage to the carriage support, and operably coupling to the drive carriage a first mast section of a mast comprising a plurality of mast sections, and wherein the first mast section is located above the opening. The method also includes arranging a second mast section below the first mast section, lowering, using the drive carriage, the first mast section through the opening, attaching the first mast section to the second mast section, and raising, using the drive carriage, the first mast section and the second mast section through the opening. In an exemplary embodiment, the platform floor is a rig floor.
    Type: Grant
    Filed: November 20, 2014
    Date of Patent: August 16, 2016
    Assignee: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Patent number: 9279267
    Abstract: A system comprising a support structure having a plurality of vertically extending members arranged to define a mast channel, the support structure attached to a platform having a rig floor and the support structure positioned above an opening in the rig floor; a first mast section that is attached to the support structure; a second mast section that is attached to the support structure and the first mast section; and a third mast section; wherein the system has a first arrangement in which the third mast section is located below the rig floor in a vertical position and is vertically spaced from the second mast; and wherein the system has a second arrangement in which the third mast section is attached to the second mast section and at least a portion of the third mast extends within the opening of the rig floor.
    Type: Grant
    Filed: December 23, 2014
    Date of Patent: March 8, 2016
    Assignee: NABORS DRILLING INTERNATIONAL LIMITED
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Publication number: 20150107165
    Abstract: A system comprising a support structure having a plurality of vertically extending members arranged to define a mast channel, the support structure attached to a platform having a rig floor and the support structure positioned above an opening in the rig floor; a first mast section that is attached to the support structure; a second mast section that is attached to the support structure and the first mast section; and a third mast section; wherein the system has a first arrangement in which the third mast section is located below the rig floor in a vertical position and is vertically spaced from the second mast; and wherein the system has a second arrangement in which the third mast section is attached to the second mast section and at least a portion of the third mast extends within the opening of the rig floor.
    Type: Application
    Filed: December 23, 2014
    Publication date: April 23, 2015
    Inventors: Anthony PETRELLO, Padira REDDY, Ashish GUPTA, Sean M. BAILEY
  • Publication number: 20150075813
    Abstract: A method includes attaching a carriage support to a platform, the platform comprising a platform floor having an opening therein, with the carriage support located proximate the opening, attaching a drive carriage to the carriage support, and operably coupling to the drive carriage a first mast section of a mast comprising a plurality of mast sections, and wherein the first mast section is located above the opening. The method also includes arranging a second mast section below the first mast section, lowering, using the drive carriage, the first mast section through the opening, attaching the first mast section to the second mast section, and raising, using the drive carriage, the first mast section and the second mast section through the opening. In an exemplary embodiment, the platform floor is a rig floor.
    Type: Application
    Filed: November 20, 2014
    Publication date: March 19, 2015
    Inventors: Anthony PETRELLO, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Patent number: 8935901
    Abstract: A method comprising attaching a first mast section to a support structure using a first plurality of fasteners located on the support structure, wherein a lower portion of the support structure is connected to and located above an opening in the platform comprising a platform floor, and wherein the first mast section has a line, a hook, and a pulley, with the line operably coupled to the pulley and connected to a hoist attached to the platform. The method also comprises lowering the hook, using the hoist, in a downward direction away from the pulley and through the opening, attaching the hook to a second mast section located below the platform floor, raising the hook and the second mast section, using the hoist, in an upward direction towards the pulley and through the opening, and connecting the first mast section to the second mast section.
    Type: Grant
    Filed: March 13, 2013
    Date of Patent: January 20, 2015
    Assignee: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Patent number: 8925257
    Abstract: A method includes attaching a carriage support to a platform, the platform comprising a platform floor having an opening therein, with the carriage support located proximate the opening, attaching a drive carriage to the carriage support, and operably coupling to the drive carriage a first mast section of a mast comprising a plurality of mast sections, and wherein the first mast section is located above the opening. The method also includes arranging a second mast section below the first mast section, lowering, using the drive carriage, the first mast section through the opening, attaching the first mast section to the second mast section, and raising, using the drive carriage, the first mast section and the second mast section through the opening.
    Type: Grant
    Filed: March 13, 2013
    Date of Patent: January 6, 2015
    Assignee: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Patent number: 8839570
    Abstract: A method includes accommodating a first mast section of a mast on a mast cart below a floor of a platform, the mast comprising a plurality of mast sections, and elevating, using actuators located on the mast cart, the first mast section through an opening in the platform. The method also includes attaching the first mast section to the platform using a plurality of holding locks located on the platform, accommodating a second mast section on the mast cart below the floor of the platform, and elevating the second mast section to the first mast section using the actuators. The method also includes attaching the first mast section to the second mast section, detaching the first mast section from the platform, elevating the first mast section and the second mast section through the opening using the actuators, and attaching the second mast section to the platform using the holding locks.
    Type: Grant
    Filed: March 13, 2013
    Date of Patent: September 23, 2014
    Assignee: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Publication number: 20140259985
    Abstract: A method includes accommodating a first mast section of a mast on a mast cart below a floor of a platform, the mast comprising a plurality of mast sections, and elevating, using actuators located on the mast cart, the first mast section through an opening in the platform. The method also includes attaching the first mast section to the platform using a plurality of holding locks located on the platform, accommodating a second mast section on the mast cart below the floor of the platform, and elevating the second mast section to the first mast section using the actuators. The method also includes attaching the first mast section to the second mast section, detaching the first mast section from the platform, elevating the first mast section and the second mast section through the opening using the actuators, and attaching the second mast section to the platform using the holding locks.
    Type: Application
    Filed: March 13, 2013
    Publication date: September 18, 2014
    Applicant: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Publication number: 20140262519
    Abstract: A method includes attaching a carriage support to a platform, the platform comprising a platform floor having an opening therein, with the carriage support located proximate the opening, attaching a drive carriage to the carriage support, and operably coupling to the drive carriage a first mast section of a mast comprising a plurality of mast sections, and wherein the first mast section is located above the opening. The method also includes arranging a second mast section below the first mast section, lowering, using the drive carriage, the first mast section through the opening, attaching the first mast section to the second mast section, and raising, using the drive carriage, the first mast section and the second mast section through the opening.
    Type: Application
    Filed: March 13, 2013
    Publication date: September 18, 2014
    Applicant: Nabors Drilling International Limited
    Inventors: Anthony Petrello, Padira Reddy, Ashish Gupta, Sean M. Bailey
  • Publication number: 20140262520
    Abstract: A method comprising attaching a first mast section to a support structure using a first plurality of fasteners located on the support structure, wherein a lower portion of the support structure is connected to and located above an opening in the platform comprising a platform floor, and wherein the first mast section has a line, a hook, and a pulley, with the line operably coupled to the pulley and connected to a hoist attached to the platform. The method also comprises lowering the hook, using the hoist, in a downward direction away from the pulley and through the opening, attaching the hook to a second mast section located below the platform floor, raising the hook and the second mast section, using the hoist, in an upward direction towards the pulley and through the opening, and connecting the first mast section to the second mast section.
    Type: Application
    Filed: March 13, 2013
    Publication date: September 18, 2014
    Applicant: Nabors Drilling International Limited
    Inventors: Anthony PETRELLO, Padira REDDY, Ashish GUPTA, Sean M. BAILEY