The T-2 On-Off Tool is a tubing disconnect device that has an internal blanking plug locking profile with seal bore for utilizing flow control equipment. The Overshot has a box looking up, which connects to tubing string, and a pin looking down off the Stinger, which connects to the packer. The T-2 On-Off Tool has two basic components that comprise the Overshot. The Top Sub, which contains two bonded rubber steel seals and the Jay Latch which has a J Slot configuration to locate and latch the On—Off Tool Stinger. The Jay Latch also has a wash over shoe configuration which allows cutting through debris. The Overshot automatically Jays up on the Stinger, when lowered into the well.