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A system and method for selectively enabling fluid communication between two volumes includes a tubular having a port housing with at least one port and a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open

A system and method for selectively enabling fluid communication between two volumes includes a tubular having a port housing with at least one port and a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open. The system further includes a lock element positively engaged with both the member and the tubular for maintaining the member in the closed position. Further, an actuator is in keyed engagement with the lock element for biasing the lock element for enabling the member to move relative to the tubular to the open position for opening the port.

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1. A system for selectively enabling fluid communication between two volumes, comprising: a tubular having a port housing with at least one port;a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open;a chamb

1. A system for selectively enabling fluid communication between two volumes, comprising: a tubular having a port housing with at least one port;a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open;a chamber formed between the member and the tubular, the chamber in fluid communication with the port when the member is in the closed position but not when the member is in the open position;a lock element positively engaged with both the member and the tubular for maintaining the member in the closed position; andan actuator in keyed engagement with the lock element for biasing the lock element, wherein actuation of the actuator releases the lock element to resiliently spring into engagement with solely one of the member or the tubular for enabling the member to move relative to the tubular to the open position for opening the port, wherein pressurizing the system simultaneously holds the member in the closed position and actuates the actuator for releasing the member. 2. The system of claim 1, wherein the member is a slidable sleeve. 3. The system of claim 1, wherein the lock element is a substantially c-shaped snap ring and the actuator includes a key engaged with opposite ends of the snap ring for biasing the snap ring. 4. The system of claim 1, wherein the lock member is initially disposed in both a first groove in the member and a second groove in the tubular, when released the lock member resiliently springing into solely one of the first or second grooves. 5. The system of claim 1, wherein the actuator is a piston. 6. The system of claim 5, wherein a tubing pressure in an interior chamber controls actuation of the actuator. 7. The system of claim 1, wherein moving the member to the open position enables fluid communication between an interior passage of the tubular and a volume located radially outside the tubular. 8. The system of claim 1, wherein the member is in fluid communication with the actuator when the member is in the closed position. 9. The system of claim 8, wherein depressurizing the system after pressurization automatically moves the member to the open position via a biasing member. 10. The system of claim 9, wherein the actuator comprises a balanced piston. 11. The system of claim 1, wherein fluid pressure isolation between the member and the actuator is required to actuate the actuator. 12. The system of claim 1, further including a second member, the second member disposed with the tubular radially opposite the member, wherein after the member is moved to the open position the second member is shiftable between a first position in which the port is open and a second position in which the port is closed. 13. The system of claim 1, wherein the member is urged toward the open position by a biasing member. 14. The system of claim 13, wherein releasing the lock element by actuating the actuator enables the biasing member to move the member into the open position. 15. The system of claim 13, wherein the biasing member is a spring. 16. A method of selectively enabling fluid communication between two volumes, comprising: running a system having a member radially disposed with a tubular, the tubular having at least one port, the port closed when the member is in a closed position and open when the member is in an open position;maintaining the member in the closed position with a lock element positively engaged with both the member and the tubular, the lock element in keyed engagement with an actuator for biasing the lock element;pressurizing the system for actuating the actuator for releasing the lock element to resiliently spring into engagement with solely one of the member or the tubular for enabling relative movement between the member and the tubular; anddepressurizing the system for moving the member to the open position to open the port. 17. The method of claim 16, further comprising isolating the member from the actuator before pressurizing the system. 18. The method of claim 16, wherein the lock element is initially engaged in both a first groove in the tubular and a second groove in the member, release of the lock element enabling the lock element to spring solely into one of the first or second grooves. 19. A system for selectively enabling fluid communication between two volumes, comprising: a tubular having a port housing with at least one port;a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open; a lock element positively engaged with both the member and the tubular for maintaining the member in the closed position wherein the lock element is a substantially c-shaped snap ring; and an actuator in keyed engagement with opposite ends of the snap ring for biasing the snap ring, wherein actuation of the actuator releases the snap ring to resiliently spring into engagement with solely one of the member or the tubular for enabling the member to move relative to the tubular to the open position for opening the port. 20. A system for selectively enabling fluid communication between two volumes, comprising: a tubular having a port housing with at least one port;a member disposed with the tubular and movable between a closed position in which the port is closed and an open position in which the port is open;a lock element positively engaged with both the member and the tubular for maintaining the member in the closed position; andan actuator, comprising a piston controlled by tubing pressure in an interior chamber, in keyed engagement with the lock element for biasing the lock element, wherein actuation of the actuator releases the lock element to resiliently spring into engagement with solely one of the member or the tubular for enabling the member to move relative to the tubular to the open position for opening the port.