Convertible float valve assemblies and methods of using convertible float valve assemblies

1. A convertible float valve assembly, comprising:

a sleeve comprising a first end and a second end;

one or more valve bodies disposed about the sleeve;

one or more valves disposed about the sleeve and coupled to the one or more valve bodies, wherein the sleeve extends through the valve bodies and the valves to temporarily hold the valves in an open position; and

a collet coupled to the sleeve and disposed at least partially within the sleeve, wherein the collet is located uphole relative to the valve bodies and the valves, the collet comprising:

a ring body, a plurality of collet fingers extending from the ring body, and a plurality of slots formed between the plurality of collet fingers;

wherein the collet further comprises a collet seat defined at least partially by a plurality of angled inner surfaces of the plurality of collet fingers and wherein the collet further comprises a sealing seat formed inwardly of the collet seat and the plurality of slots.

2. The convertible float valve assembly of claim 1 , wherein the collet seat comprises a first seat diameter, and the sealing seat comprises a second seat diameter that is lesser than the first seat diameter.

3. The convertible float valve assembly of claim 2 , further comprising a ball, wherein when the ball is seated on the collect seat, fluid can flow past the ball through the slots, and wherein when the ball is seated on the sealing seat, fluid cannot flow past the ball through the slots.

4. The convertible float valve assembly of claim 1 , further comprising one or more shearable fasteners coupled to the sleeve.

5. The convertible float valve assembly of claim 4 , wherein the one or more shearable fasteners are housed in a fastener housing.

6. The convertible float valve assembly of claim 5 , further comprising a retainer ring coupled to a valve body of the one or more valve bodies to retain the fastener housing between the retainer ring and an inner shoulder of the valve body.

7. A convertible float valve assembly, comprising:

a sleeve comprising a first end and a second end; one or more valve bodies disposed about the sleeve;

one or more valves disposed about the sleeve and coupled to the one or more valve bodies, wherein the sleeve extends through the valve bodies and the valves to temporarily hold the valves in an open position; and

a collet coupled to the sleeve and disposed at least partially within the sleeve, wherein the collet is located uphole relative to the valve bodies and the valves, and wherein the collet is formed of a dissolvable material;

wherein the collet further comprises a collet seat defined at least partially by a plurality of angled inner surfaces of a plurality of collet fingers and wherein the collet further comprises a sealing seat formed inwardly of the collet seat and the plurality of slots.

8. The convertible float valve assembly of claim 7 , wherein the dissolvable material comprises a lightweight aluminum alloy or a magnesium alloy.

9. The convertible float valve assembly of claim 7 , further comprising a ball, wherein when the ball is seated on the collet, fluid can flow past the ball through a plurality of slots formed in the collet.

10. A method of operating a convertible float valve assembly, comprising:

lowering the convertible float valve assembly and a ball downhole, the convertible float valve assembly comprising a collet and one or more valves in an open position;

pumping a fluid downhole at an operating pressure;

seating the ball on a collet seat of the collet to induce a first pressure indication that indicates a first pressure greater than the operating pressure; and

releasing a sleeve of the convertible float valve assembly from one or more valve bodies of the convertible float valve assembly;

wherein, prior to releasing the sleeve:

moving the ball past the collet seat to induce a second pressure indication that indicates a second pressure lesser than the first pressure; and

seating the ball on a sealing seat of the collet to induce a third pressure indication that indicates a third pressure greater than the second pressure.

11. The method of claim 10 , wherein the ball is free-floating when being lowered downhole.

12. The method of claim 10 , further comprising, prior to seating the ball on the sealing seat, flowing the fluid through a plurality of slots of the collet.

13. The method of claim 10 , wherein the moving the ball past the collet seat comprises moving the ball along a plurality of angled inner surfaces of a plurality of collet fingers of the collet and pushing the plurality of collet fingers radially outward.

14. The method of claim 10 , wherein the moving the ball past the collet seat comprises dissolving at least partially a plurality of collet fingers of the collet.

15. The method of claim 14 , wherein the plurality of collet fingers are formed of a lightweight aluminum alloy.

16. The method of claim 14 , wherein the dissolving at least partially the plurality of collet fingers comprises pumping an abrasive material to the collet.

17. The method of claim 10 , wherein the releasing the sleeve comprises shearing one or more shearable fasteners disposed between the sleeve and a fastener housing retained within a valve body of the one or more valve bodies.

18. The method of claim 17 , further comprising, after releasing the sleeve from the one or more valve bodies, biasing the one or more valves into a closed position.

19. The method of claim 10 , wherein the lowering the convertible float valve assembly and the ball downhole comprises flowing the fluid through a central opening of the sleeve, through a central opening of the collet, and past the ball.