Resettable element back-up system

1. A downhole tool comprising:

at least one sealing member arranged to move between an unset and a set position, the at least one sealing member having an unset diameter and a set diameter greater than the unset diameter;

a gauge ring centered on and located opposite the at least one sealing member, the gauge ring having a fixed diameter;

a set/reset ring arranged adjacent the gauge ring, the gauge ring being between the at least one sealing member and the set/reset ring, the set/reset ring arranged to move between an unset diameter at least equal to the unset diameter of the at least one sealing member and a set diameter at least equal to the set diameter of the at least one sealing member, the set/reset ring including at least two full turns and having a 360° face surface when in its unset and set diameters; and

a setting mandrel arranged to move in a longitudinal direction toward and away from the at least one sealing member and, therefore, toward and away from the gauge ring and the set/reset ring;

wherein, the at least one sealing member and the set/reset ring are configured to move to the set diameter when the setting mandrel moves toward the at least one sealing member; and

wherein, the at least one sealing member and the set/reset ring are configured to return to the unset diameter when the setting mandrel moves away from the at least sealing member.

2. The downhole tool of claim 1 , further comprising, a plurality of lugs received by the gauge ring and arranged such that movement is constrained in an axial direction by the gauge ring and allowed in a radial direction relative to the gauge ring, the set/reset ring being arranged about the plurality of lugs.

3. The downhole tool of claim 2 , wherein, when the setting mandrel moves toward the at least one sealing member, the plurality of lugs move radially outward and the set/reset ring moves to its set position; and

wherein, when the setting mandrel moves away from the at least one sealing member, the plurality of lugs move radially inward and the set/reset ring returns to its unset position.

4. The downhole tool of claim 2 , further comprising, a centering ring spaced a predetermined distance from the gauge ring, the set/reset ring being located between the centering ring and the gauge ring.

5. The downhole tool of claim 1 , wherein, a force to set the at least one sealing member into the set diameter is greater than the force to return the at least one sealing member to the unset diameter.

6. The downhole tool of claim 5 , wherein, the force to set the at least one sealing member into the set diameter is in a range of 10,000 to 15,000 lbs.

7. The downhole tool of claim 5 , wherein, the force to return the at least one sealing member to the unset diameter is a reduced setting force no greater than 2,000 lbs.

8. The downhole tool of claim 7 , wherein, the set/reset ring starts its return to its unset diameter at the reduced setting force.

9. The downhole tool of claim 1 , wherein, the unset diameter of the set/reset ring is in a range of 1/16 inch to ¼ inch greater than the unset diameter of the at least one sealing element.

10. The downhole tool of claim 1 , wherein, the set/reset ring is 17-7 PH spring tempered stainless steel.

11. The downhole tool of claim 1 , wherein, the set/reset ring has at least three full turns and no more than five full turns.

12. The downhole tool of claim 1 , wherein, the gauge ring includes a face surface including an inset toward the at least one sealing member.

13. The downhole tool of claim 1 , wherein, the gauge ring includes a flat face surface toward the at least one sealing member.