ALEXANDRIA, Va., June 25 -- United States Patent no. 12,338,729, issued on June 24, was assigned to Halliburton Energy Services Inc. (Houston).

"Indicating position of a moving mechanism of well site tools" was invented by Joseph Chakkungal Joseph (The Woodlands, Texas), Ravi Sharad Vayeda (Spring, Texas), Ziquan Wang (Houston) and Paul Gregory James (Spring, Texas).

According to the abstract* released by the U.S. Patent & Trademark Office: "This disclosure presents an apparatus to improve the position sensing of a moving mechanism, such as a fluid valve located within a borehole. The apparatus can utilize a light beam or an optical fiber to measure changes in the position sensor. The smaller and lighter apparatus can improve the accuracy...