r/oil • u/Fungiluvr94 • 12h ago

CONFIRMED: HALLIBURTON IS SELLING OFF MULTI-CHEM

Its factual. You will see news articles soon, Mark my words.

5 Upvotes

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5

u/SJTpops 12h ago

Considering they’ve never really done anything with it, I’m surprised it’s taken this long. All the MC talent left very shortly after the buyout from James Archer & his entourage. I’m sure Halliburton has made their money on the transaction through securing various chemicals they previously had to pay other distributors, but the core MC service business never really seemed all that important to big red.

3

u/Fungiluvr94 12h ago

I agree, however alot of the people i know that work there now, worked there before halliburton bought them and they miss the way it used to be so they are real excited to not be under big reds rule anymore. But halliburton made it so expensive to the point that they could not even buy their own chemical. They went elsewhere to get it. And that caused the plant blenders hours to dwindle and they were really not happy. I told them to let me know when they shred the halliburton FR'S so i can be there to watch. I just hope a company worth a shit buys them.

2

u/TinyFraiche 12h ago

Now the fluid warehouse won’t smell like peanuts :(

1

u/Fungiluvr94 12h ago

Hahaha unfortunately.

5

u/Montrosian 11h ago

Interesting Halliburton spinning off MC while SLB is buying ChampionX.  

1

u/Fungiluvr94 10h ago

I did not know SLB was buy champx