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A method of and apparatus for cooling equipment including exposing a fluid to a tool comprising electronic components at a temperature T and pressure P, compressing the fluid to a temperature T1 and pressure P1, exposing the fluid to a surface in communication with liquid or gas or both external to

A method of and apparatus for cooling equipment including exposing a fluid to a tool comprising electronic components at a temperature T and pressure P, compressing the fluid to a temperature T1 and pressure P1, exposing the fluid to a surface in communication with liquid or gas or both external to the tool wherein the fluid after exposure to the surface is at a temperature T2 and pressure P2, and allowing the fluid to expand to a temperature T3 and pressure P3 wherein the equipment is a tool in a subterranean formation and T is less than T2 and P is less than P2. Apparatus and methods for cooling oil field services tools including a fluid that conducts heat from the tool to the fluid, a compressor that, a heat exchanger that accepts fluid from the compressor and that rejects heat from the fluid, and a valve or orifice.

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1. A method of cooling electronic components in an oilfield services tool using the vapor compression cycle, the method comprising: passing a fluid at a temperature T and pressure P along a flow line, wherein the flow line passes through a body of a tool chassis located within a housing of the oilfi

1. A method of cooling electronic components in an oilfield services tool using the vapor compression cycle, the method comprising: passing a fluid at a temperature T and pressure P along a flow line, wherein the flow line passes through a body of a tool chassis located within a housing of the oilfield services tool, the electronic components are mounted to at least one outer face on the body of the tool chassis, and heat is conducted from the body of the tool chassis to the fluid;after passing the fluid through the body of the tool chassis, compressing the fluid to a temperature T1 and pressure P1;exposing the fluid to a surface in thermal communication with liquid or gas or both external to the tool, wherein the fluid after exposure to the surface is at a temperature T2 and pressure P2; andallowing the fluid to expand to a temperature T3 and pressure P3;wherein T is less than T2 and P is less than P2. 2. The method of claim 1, wherein the fluid comprises water. 3. The method of claim 1, wherein the fluid is selected from the group consisting of brine, drilling mud, and formation fluid. 4. The method of claim 1, wherein the fluid is selected from the group consisting of paste, liquid, and pressurized gas. 5. The method of claim 1, wherein compressing fluid comprises use of a compressor. 6. The method of claim 5, further comprising controlling the compressor based on a temperature of the liquid or gas or both external to the tool. 7. The method of claim 1, wherein the exposing the fluid to a surface in communication with the liquid or gas or both external to the equipment comprises a heat exchanger. 8. The method of claim 1, wherein the allowing the fluid to expand comprises the fluid expanding in a valve and/or an orifice. 9. The method of claim 8, further comprising designing the valve and/or orifice based on the temperature of the liquid or gas or both external to the tool. 10. The method of claim 1, wherein the oilfield services tool is a drilling, measurement, observation, or completions tool. 11. The method of claim 1, further comprising repeating the passing, compressing, exposing, and allowing the fluid to expand. 12. An oilfield services tool comprising: a tool housing;a tool chassis that comprises a body located within the tool housing;electronic components mounted to at least one outer face on the body of the tool chassis;at least one flow line that passes through the body of the tool chassis, wherein the flow line passes a fluid and heat is conducted from the body of the tool chassis to the fluid;a compressor that accepts fluid from the flow line of the tool chassis after the fluid has passed through the body of the tool chassis;a heat exchanger that accepts fluid from the compressor and that exchanges heat from the fluid to the surrounding fluid or formation; anda valve or orifice to accept fluid from the compressor and to return fluid to the flow line of the tool chassis;wherein the apparatus is configured to use the vapor compression cycle to cool the electronic components. 13. The oilfield services tool of claim 12, wherein the tool is a drilling, measurement, observation, or completions tool. 14. The oilfield services tool of claim 12, wherein the fluid comprises water. 15. The oilfield services tool of claim 12, further comprising: a controller for controlling the compressor, wherein the controller uses a temperature measurement of the surrounding fluid or formation to control the compressor. 16. The method of claim 1, wherein a compressor is used to compress the fluid and the compressor is controlled using a temperature of the liquid or gas or both external to the tool. 17. The method of claim 16, wherein the compressor comprises a variable frequency drive.