Mud saver valve measurement system and method

A method, comprising:

• detecting a first parameter indicative of lateral movement of a top drive system with respect to a rotational axis of the top drive system with a first plurality of sensors;
• detecting a second parameter indicative of lateral movement of the top drive system with respect to the longitudinal axis of the top drive system with a second plurality of sensors, wherein the first parameter is different from the second parameter;
• transmitting the first parameter and the second parameter to a monitoring system;
• and
• comparing the first parameter to a first threshold value and comparing the second parameter to a second threshold value with the monitoring system,
• wherein detecting the first parameter and the second parameter comprises detecting lateral movement of a mud saver valve configured to flow mud through a sealed passage, wherein the first plurality of sensors and the second plurality of sensors are coupled to a component of the mud saver valve.

A top drive movement measurement system, comprising:

• a mud saver valve;
• a mud saver valve measurement housing configured to be disposed about and couple to the mud saver valve;
• a plurality of sensors coupled to the mud saver valve or the mud saver valve measurement housing, wherein the plurality of sensors is configured to detect lateral movement, compression, or tension of the mud saver valve of the top drive system;
• and
• a monitoring system, comprising:
• a signal receiver configured to receive data from the mud saver valve measurement housing;
• a processor;
• and
• one or more non-transitory, computer-readable media having executable instructions stored thereon, the executable instructions comprising instructions adapted to actuate an alert of the monitoring system when the plurality of sensors detects lateral movement that exceeds a first threshold, the plurality of sensors detects compression or tension that exceeds a second threshold, or both, and wherein the one or more non-transitory, computer-readable media comprises at least one value stored thereon, wherein the at least one value corresponds to the first threshold, the second threshold, or both.