A system for monitoring equipment operating parameters of a remote system includes a monitor that communicates with a controller of the remote system, and at least one piece of equipment operable within the remote system, and that communicates with the controller. In one aspect of the invention, a cutting tool having radially disposed rolling element cutters is provided for insertion into a wellbore to a predetermined depth where a tubular therearound will be cut into an upper and lower portion. The scanned images of the text are converted in real-time to standard byte or word characters for subsequent display on the computer’s viewing screen. In another embodiment, the controller provides a minimum clamp pressure to maintain the plasticized material within the mold as a function of fluid injection pressure to the screw member of the injection system. A knob interfaces with the cap via a rotary cam having high and low steps and a matching cam rider. The catalysts have high performance characteristics, including higher comonomer incorporation into ethyleneolefin copolymers, where such olefins are for example, 1-octene, propylene or styrene.