Abstract: A tool that is usable with a well includes a valve element, a mechanical operator, a pressure chamber and a regulator. The valve element has a first state and a second state. The mechanical operator responds to a predetermined signature in an annulus pressure relative to a baseline level of the annulus pressure to transition the valve element from the first state to the second state. The pressure chamber exerts a chamber pressure to bias the mechanical operator to transition from the second state to the first state. The baseline level is capable of varying over time, and the regulator regulates the chamber pressure based on the baseline level.