ALEXANDRIA, Va., June 12 -- United States Patent no. 12,297,710, issued on May 13, was assigned to Tubular Technology Tools LLC (Fulshear, Texas).

"Systems and methods for running tubulars" was invented by Jairo Gutierrez Infante (Bogota, Colombia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A tubular running tool equipped with a mandrel having an elongated body and configured for suspension above a wellbore. A plurality of slips are disposed on the mandrel. Each slip is configured to receive and hold a swappable insert via a releasable interlocking junction. Each swappable insert is configured with a gripping portion on an outer surface thereof. The mandrel is configured for actuation to urge the slips ra...