Systems and methods for monitoring a running tool

A subsea mineral extraction system, comprising:

• a running tool configured to carry a casing hanger and a seal assembly, to land the casing hanger in wellhead housing of a subsea wellhead assembly, and to set the seal assembly between the casing hanger and the wellhead housing during an installation process, wherein the running tool comprises:
• a mandrel configured to couple to a drill string configured to lower the running tool into the wellhead housing;
• a central bore extending through the mandrel and axially along a longitudinal axis of the running tool;
• a tool body coupled to the mandrel, wherein the tool body is configured to carry the casing hanger and the seal assembly;
• a shuttle disposed about the tool body, wherein the shuttle is sealed to the tool body via one or more seals, and the shuttle and the mandrel are configured to move axially along the longitudinal axis of the running tool relative to the tool body to set the seal assembly;
• and
• a plurality of sensors, wherein each sensor of the plurality of sensors is configured to generate a signal indicative of at least one parameter of a plurality of parameters of the running tool during the installation process, and one or more sensors of the plurality of sensors are configured to generate a first signal indicative of an axial position of the mandrel relative to the tool body and a second signal indicative of an axial position of the shuttle relative to the tool body.

A method of monitoring a running tool, comprising:

• receiving a plurality of signals from a plurality of sensors, wherein each sensor of the plurality of sensors is configured to generate a signal indicative of at least one parameter of the running tool during an installation process executed using the running tool, wherein, during the installation process, the running tool is configured to carry a casing hanger and a seal assembly, to land the casing hanger in a wellhead housing of a wellhead assembly, and to set the seal assembly between the casing hanger and the wellhead housing;
• determining a plurality of parameters of the running tool based on the plurality of signals, wherein the plurality of parameters comprise a position of the running tool relative to the wellhead housing, an elevation of the running tool relative to a base vessel, a position of a valve of the running tool, a distance travelled by the seal assembly relative to the running tool, a pressure of a fluid flowing through the running tool, or a combination thereof;
• and
• providing one or more user-perceivably indications based on the plurality of parameters.