Apparatus and methods for locating a particular location in a wellbore for performing a wellbore operation

A method of performing an operation in a wellbore;

• comprising:
• conveying an outer string and an inner string into a wellbore, wherein the outer string includes a locating profile and the inner string includes:
• a locating device having a locating collet configured to engage with the locating profile and disengage from the locating profile when a first pull load is applied to the locating collet,
• a mandrel having a locking profile,
• a locking collet of the locating device configured to engage with the locking profile of the mandrel and disengage from the locking profile of the mandrel when a second pull load is applied to the mandrel, wherein the second pull load is less than the first pull load, and
• a delay device that is activated by disengagement of the locking collect from the locking profile and prevents application of the first pull load on the engaged locating collet until the delay device has been moved from a first position to a second position, the delay device including a hydraulic fluid chamber that includes a piston dividing the chamber filled with a hydraulic fluid;
• pulling the inner string to engage the locating collet with the locating profile;
• and
• performing the wellbore operation.