Telemetry operated setting tool

A setting tool for hanging a tubular string from a liner string, casing string, or wellhead, comprising:

• a mandrel having an upper portion and a lower portion for extending into the tubular string;
• a housing connected to the mandrel upper portion;
• a bonnet:
• for receiving an upper end of the tubular string, disposed along the mandrel, and linked to the housing;
• a setting actuator for stroking the bonnet relative to the mandrel and the housing, thereby setting a hanger of the tubular string;
• an electronics package in communication with the setting actuator for operating the setting actuator in response to receiving a command signal;
• and
• a latch:
• connected to the mandrel lower portion, operable between an extended position and a retracted position, for being restrained in the retracted position by being disposed in the tubular string, and extendable by being removed from the tubular string, wherein:
• the setting actuator is hydraulic,
• the setting tool has a hydraulic reservoir in fluid communication with an inlet of the setting actuator, an actuation chamber in fluid communication with an outlet of the setting actuator, and a balance chamber in fluid communication with the reservoir, and
• the setting tool further comprises a piston in fluid communication with the setting actuator outlet and the balance chamber.