Compact downhole tool

1 . A method for using a downhole tool comprising a single frustoconical member, a mandrel collar affixed to a first end of the single frustoconical member, a plurality of slips arranged concentrically around the mandrel collar, and an elastomeric sealing element disposed around the plurality of slips, the method comprising:

running the downhole tool into a wellbore to a desired location; and

applying a setting force to shear screws disposed in the plurality of slips;

causing each of the plurality of slips to separate from each other and move radially outward from a central longitudinal axis of the wellbore to engage a casing of the wellbore, such that:

a first circumferential distance is created between a first one of the plurality of slips and a second one of the plurality of slips;

a second circumferential distance is created between the second one of the plurality of slips and a third one of the plurality of slips; and

the first circumferential distance is substantially equal to the second circumferential distance; and

causing the elastomeric sealing element to expand radially outward to seal against the casing of the wellbore.

2 . The method of claim 1 , further comprising:

introducing into the wellbore a sealing element configured to engage a central opening in the downhole tool.

3 . The method of claim 2 , further comprising:

causing the sealing element to dissolve in the wellbore; and

producing hydrocarbons from the wellbore through the central opening after the sealing element has dissolved.

4 . The method of claim 1 , wherein the step of applying a setting force is performed using a wireline adapter kit.

5 . The method of claim 1 , wherein at least one slip of the plurality of slips is formed using a composite material.