Telemetry operated ball release system

1. A ball release system for use in a wellbore, comprising:

a tubular housing;

a seat disposed in the housing and comprising arcuate segments arranged to form a ring, each segment radially movable between a catch position for receiving a ball and a release position;

a cam disposed in the housing, longitudinally movable relative thereto, and operable to move the seat segments from the catch position to the release position;

an actuator operable to move the cam; and

an electronics package disposed in the housing and in communication with the actuator for operating the actuator in response to receiving a command signal, wherein the seat is movable to the release position at a predetermined time delay after receiving the command signal.

2. The ball release system of claim 1 , wherein the actuator comprises:

a lead nut connected to the cam;

a lead screw engaged with the lead nut; and

an electric motor operable to rotate the lead screw.

3. The ball release system of claim 2 , wherein the actuator further comprises:

a body having the motor disposed therein;

a mandrel having an upper section and a lower section, the seat being disposed between the sections;

a shoe having a bearing for supporting rotation of the lead screw.

4. The ball release system of claim 3 , wherein the actuator further comprises:

a guide rod connected to the body and the shoe and received through a passage formed through the cam; and

a guide ring connected to the cam and engaged with a slot formed in an outer surface of the upper mandrel section.

5. The ball release system of claim 2 , wherein the actuator further comprises a planetary gear torsionally connecting the lead screw to a drive shaft of the motor.

6. The ball release system of claim 1 , wherein:

each segment has a profile formed in an outer surface thereof,

the cam has respective complementary profiles formed in an inner surface thereof, and

the segment and cam profiles are engaged, thereby radially connecting the cam and the segments while allowing relative longitudinal movement therebetween.

7. The ball release system of claim 1 , further comprising a sealant bonding the segments together in the catch position.

8. The ball release system of claim 7 , wherein the sealant is frangible.

9. The ball release system of claim 7 , wherein the sealant is elastomeric.

10. The ball release system of claim 7 , wherein the sealant is plastic.

11. The ball release system of claim 1 , further comprising an antenna disposed in the housing and in communication with a bore of the ball release system for receiving the command signal.

12. A liner deployment assembly (LDA), for hanging a liner string from a tubular string cemented in a wellbore, comprising:

a setting tool operable to set a packer of the liner string;

a running tool operable to longitudinally and torsionally connect the liner string to an upper portion of the LDA;

a stinger connected to the running tool;

a packoff for sealing against an inner surface of the liner string and an outer surface of the stinger and for connecting the liner string to a lower portion of the LDA;

a release connected to the stinger for disconnecting the packoff from the liner string;

a spacer connected to the packoff; and

the ball release system of claim 1 connected to the spacer.

13. The ball release system of claim 1 , wherein the cam is operable to move the seat segments from the release position to the catch position.

14. A method of hanging an inner tubular string from an outer tubular string, comprising:

running the inner tubular string and a deployment assembly into a wellbore using a deployment string, wherein the deployment assembly comprises a ball release system;

pumping a ball down the deployment string to a seat of the ball release system and sending a command signal to the ball release system;

hanging the inner tubular string from the outer tubular string by exerting pressure on the seated ball; and

moving the seat of the ball release system to release the ball at a predetermined time delay after sending the command signal to the ball release system.

15. The method of claim 14 , wherein the command signal is sent by a wireless identification tag embedded in the ball.

16. The method of claim 14 , wherein:

further pressure is exerted on the ball to operate a running tool of the deployment assembly, and

the ball release system releases the ball after operation of the running tool.

17. The method of claim 14 , further comprising, after the ball is released:

pumping cement slurry into the deployment string; and

driving the cement slurry through the deployment string, deployment assembly, and inner tubular string into an annulus formed between the inner tubular string and the wellbore.

18. A catch and release system for catching and releasing an object in a wellbore, comprising:

a tubular housing;

a seat disposed in the housing and movable between a catch position for receiving an object and a release position;

an electronics package disposed in the housing, wherein the seat is movable to the release position at a predetermined time delay after the electronics package receives a command signal.

19. The catch and release system of claim 18 , further comprising:

a cam disposed in the housing and longitudinally movable between a first position and a second position; and

an actuator operable to move the cam, wherein the electronics package is in communication with the actuator for operating the actuator in response to receiving the command signal.

20. The catch and release system of claim 19 , wherein the cam is operable to move the seat from the catch position to the release position.