Deadline compensator

A deadline compensator, comprising:

• a compensator assembly configured to engage a deadline between a crown block and a supply reel, wherein the compensator assembly is configured to transition between a first position and a second position;
• at least one compensator sheave of the compensator assembly, wherein the compensator sheave is configured to engage the deadline;
• at least one actuator of the compensator assembly, wherein the actuator is configured to apply a force to the deadline via the at least one compensator sheave to displace the deadline while the compensator assembly is in the first position and configured to retract into the second position in response to a second load condition on the deadline;
• and
• a sensor engaged to the deadline configured to detect a tension force of the deadline, wherein the sensor communicates a first signal to a controller, and the controller communicates a second signal to the compensator assembly to transition the compensator assembly between the first position and the second position in response to the first signal.