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System for continuous asset verification

  • US 7,707,076 B1
  • Filed: 06/11/2007
  • Issued: 04/27/2010
  • Est. Priority Date: 10/22/2002
  • Status: Active Grant
First Claim
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1. A system for continuous asset verification for at least one piece of well equipment using at least one radio frequency identification tag during transport, during storage, at a point of origin, at a destination, or combinations thereof, comprising:

  • at least one radio frequency identification tag comprising radio frequency identification tag data storage for receiving information on well equipment, wherein the radio frequency identification tag is removably attachable directly to a plurality of well equipment, thereby forming a plurality of traceable well equipment;

    a first processor separate from the radio frequency identification tag in communication with a first processor data storage for storing at least one piece of information about the at least one piece of well equipment and for communicating the at least one piece of information to the at least one radio frequency identification tag;

    a transportable data storage device for receiving and storing from the first processor the at least one piece of information about the at least one piece of well equipment; and

    further having a trip plan in the transportable data storage device associated with each piece of well equipment;

    a controller comprising a power source and a second processor, having a second processor memory, adapted to engage with the transportable data storage device, thereby forming a smart controller, wherein the smart controller is adapted for scanning the at least one radio frequency identification tag during at least one predefined interval to detect the at least one piece of information in the radio frequency identification tag data storage during transport of the well equipment, wherein the smart controller further comprises a global positioning system transceiver and a radio frequency identification reader-writer;

    wherein the smart controller further comprises computer instructions for instructing the second processor to map a trip route using the trip plan for locating the smart controller using a mapping software program;

    wherein the second processor further comprises computer instructions for instructing the second processor to use the global positioning system transceiver to synchronize coordinates received by the global positioning system transceiver to the trip plan and to provide at least one time stamp for the plurality traceable well equipment during transport, wherein the at least one time stamp comprises a date, a time, and a set of coordinates;

    a third processor for communicating with the transportable data storage device and storing the at least one piece of information, and further comprising computer instructions for instructing the third processor to provide a notification to a user that the traceable well equipment deviated from the trip plan;

    a fourth processor for receiving the at least one piece of information from the smart controller through a network.

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