A fill up and circulation tool having an elongate body with an insertion section adapted for insertion into a tubular member, a base section adapted for engagement with a top drive, and a gauge section having a diameter less than that of the base section. A packer cup assembly and at least one spacer can be adjustably associated with the gauge section, the packer cup assembly being positionable at a plurality of locations along the gauge section by placing the packer cup assembly and one or more spacers relative to one another in a desired configuration, such that the packer cup assembly and one or more spacers occupy substantially all of the gauge section. The spacing and configuration of the packer cup assembly along the gauge section can be selected depending on the dimensions or type of top drive, elevator, bails, or other equipment at a worksite.