Indexing valve system for a resource exploration and recovery system

A resource exploration and recovery system comprising:

• a first system;
• a second system including at least one tubular extending from the first system into a formation, the second system including an indexing valve system fluidically connected to the at least one tubular, the indexing valve system comprising:
• a first tubular including an outer surface portion, an inner surface portion defining a passage portion, and a plurality of indexing components;
• a second tubular axially aligned with the first tubular, the second tubular including an outer surface section, an inner surface section defining a passage section, and a plurality of indexing members that selectively inter-engage with the plurality of indexing components, the inner surface section including a plurality of indexing elements;
• and
• an insert extending into, and being axially shiftable relative to, the passage portion and the passage section, the insert including an outer surface supporting an indexer that selectively engages with the plurality of indexing elements to rotate the second tubular relative to the first tubular.

A method of operating an indexing valve system comprising:

• shifting an insert into a passage section of a tubular;
• engaging an indexer on the insert with one of a plurality of indexing elements provided on the tubular;
• further shifting the insert to unseat a plurality of indexing members on the tubular from a plurality of indexing components on another tubular;
• rotating the tubular a first distance through inter-engagement of the indexer and the one of the plurality of indexing elements;
• biasing the tubular back toward the another tubular;
• re-engaging the plurality of indexing members with the plurality of indexing components;
• and
• rotating the tubular a second distance by re-engaging the plurality of indexing members with the plurality of indexing components.