A stop collar for mounting to a downhole tubular includes: a cylindrical housing having a threaded inner surface and a tapered inner surface; a compressible slip ring having teeth formed in an inner surface thereof and a pair of tapered outer surfaces; a cam ring having a tapered inner surface; a seal receivable in the housing; a cylindrical bolt having a threaded outer surface. A natural outer diameter of each ring is greater than a minor diameter of the threaded surfaces. Screwing the threaded surfaces of the housing and the bolt is operable to drive the tapered surfaces together and compress the seal, thereby compressing the slip ring such that the teeth engage a periphery of the tubular and energizing the seal into engagement with the periphery of the tubular.

Provided is a two part drilling and running tool, a downhole tool, a well system, and a method for forming a well system. The two part drilling and running tool, in at least one aspect, includes a smaller assembly coupled to an end of a conveyance, the smaller assembly having a spline or slot located along an entire length (L.sub.S) thereof. The two part drilling and running tool, in accordance with this aspect, further includes a larger bit assembly slidably coupled to the conveyance, the larger bit assembly including an other of the slot or spline, wherein the spline or slot in the smaller assembly and the other of the slot or spline in the larger bit assembly are configured to engage one another to rotationally fix the smaller assembly relative to the larger bit assembly as the smaller assembly and the larger bit assembly slidingly engage one another.

Provided is a two part drilling and running tool, a downhole tool, a well system, and a method for forming a well system. The two part drilling and running tool, in at least one aspect, includes a smaller assembly coupled to an end of a conveyance, the smaller assembly having a spline or slot located along an entire length (L.sub.S) thereof. The two part drilling and running tool, in accordance with this aspect, further includes a larger bit assembly slidably coupled to the conveyance, the larger bit assembly including an other of the slot or spline, wherein the spline or slot in the smaller assembly and the other of the slot or spline in the larger bit assembly are configured to engage one another to rotationally fix the smaller assembly relative to the larger bit assembly as the smaller assembly and the larger bit assembly slidingly engage one another.