Reclosable sleeve assembly and methods for isolating hydrocarbon production

A method of actuating a sleeve assembly installed in production tubing, the method comprising:

• introducing a first shifting tool into the sleeve assembly, the sleeve assembly including a housing defining one or more flow ports, an outer sleeve arranged within the housing such that the one or more flow ports are exposed, a piston movably arranged within the housing, and an inner sleeve concentrically arranged within the outer sleeve and defining a plurality of flow slots, wherein the plurality of flow slots are axially-aligned with the one or more flow ports, thereby providing fluid communication between a wellbore annulus and an interior of the sleeve assembly,
• engaging an outer radial surface of the outer sleeve and moving the outer sleeve with an upper locking device arranged within a first cavity defined in the piston and movable therewith, the upper locking device moving the outer sleeve so as to expose the one or more flow ports and provide the fluid communication between the wellbore annulus and the interior of the sleeve assembly;
• engaging the first shifting tool on a first radial shoulder defined on the inner sleeve;
• and
• axially moving the inner sleeve with the first shifting tool such that the plurality of flow slots are moved out of axial alignment with the one or more flow ports.

A sleeve assembly, comprising:

• a housing defining one or more flow ports that provide fluid communication between a wellbore annulus and an interior of the housing, the housing being configured to be coupled at each end to production tubing;
• an outer sleeve arranged within the housing and movable between a closed position, where the outer sleeve occludes the one or more flow ports, and an open position, where the one or more flow ports are exposed;
• an inner sleeve concentrically arranged within the outer sleeve and defining a plurality of flow slots, the inner sleeve being movable between an open position and a closed position where, when in the open position, the plurality of flow slots are axially aligned with the one or more flow ports;
• a piston movably arranged within a piston bore defined in the housing;
• a spring arranged within the piston bore and configured to bias an uphole end of the piston;
• and
• an upper locking device arranged within a first cavity defined in the piston and movable therewith, the upper locking device being engageable with an outer radial surface of the outer sleeve such that as the spring biases against and axially moves the piston within the piston bore, the upper locking device engages and simultaneously moves the outer sleeve into the open position of the inner sleeve.