Abstract: An inductive coupling system including a mandrel and an inner sleeve and outer housing that surround and rotate relative to the mandrel the system also includes a mandrel electronics system and a housing electronics system that communicate electronically using a mandrel inductive coupler and a housing inductive coupler. The mandrel electronics system may also communicate with equipment on the surface. Alternatively, the system may include a mandrel and first and second mandrel electronics systems in different mandrel sections. The first and second mandrel electronics systems communicate electronically using a mandrel inductive coupler. Also alternatively, the system may include a mandrel and an inner sleeve and outer housing that surround and rotate relative to the mandrel. The system also includes a mandrel electronics system and a housing electronics system that communicate electronically using a housing inductive coupler.

Abstract: A disconnect tool includes a housing that has a first segment and a second segment. A first collet is coupled to the first segment and has a first plurality of fingers, each of the first plurality of fingers is bendable between a first position in which the fingers engage the first segment and prevent relative sliding movement between the first and second segments and a second position in which the fingers do not engage the first segment and do not prevent relative sliding movement between the first and second segments. A first piston is positioned in the housing and has a third position wherein the piston engages and prevents the fingers from bending from the first position, and a fourth position wherein the piston does not engage and prevent the fingers from bending from the first position. The disconnect tool includes means for selectively retaining the first piston in the third position and means for moving the first piston from the third position to the fourth position.