A flexible smart release tool enables a control unit at the surface to individually communicate with release tools that are located downhole. The release tools may be individually addressed using a unique logical identifier. Thus, a specific release tool may be sent a command to release an attached downhole tool string at any time. The release tool may include control logic for receiving the command and using an onboard clock for timing of activation of a release interface, as optionally specified in the command. A heartbeat function may be implemented between the release tool and the control unit.
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