Full-Time
Posted on 8/14/2025
Chemistry solutions, engineered equipment, digital oilfield.
No salary listed
Tulsa, OK, USA
In Person
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ChampionX offers chemistry solutions, engineered equipment, on-site services, and digital tools to support oil and gas operations from drilling to production. Its products include production chemicals like corrosion inhibitors and scale control agents, production and automation equipment such as artificial lift systems, drilling and completion technologies, and digital oilfield analytics to optimize performance. The company differentiates itself with an integrated, lifecycle-focused portfolio that combines chemistry, equipment, automation, drilling tech, and data insights for a range of customers. Its goal is to help clients produce energy safely and efficiently while reducing costs and environmental impact.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
The Woodlands, Texas
Founded
2017
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LongRange Capital has agreed to acquire US Synthetic from publicly traded ChampionX Corporation.
Norway has initiated a Phase II investigation into Schlumberger's $7.8 billion acquisition of ChampionX due to unresolved local antitrust issues. The parties involved did not offer adequate solutions to address these concerns, prompting an in-depth review.
SLB, the world's largest oil field services provider, is acquiring ChampionX in an all-stock deal valued at $7.8 billion. ChampionX shareholders will receive 0.735 shares of SLB for each CHX share, representing a 14.7% premium. The deal, initially expected to close by the end of 2024, may extend to early 2025 due to a second information request from the DOJ. Additionally, SLB plans to sell its Canadian upstream assets for $430 million, with the divestment expected to close in late Q4 2024.
James Fisher and Sons sold Aberdeen-based RMSpumptools to US oilfield tech firm ChampionX for £90 million. RMS, which designs and manufactures systems for electrical submersible pumps, employs about 130 people. The sale strengthens Fisher's balance sheet and aligns with its strategy to simplify its portfolio. RMS's managing director Doug Harwell and other key executives will remain. RMS generated £43m in revenue and £11m in operating profits last year, with assets of £26m as of December 31, 2023.
SLB (NYSE: SLB) announced a second request for additional information from the U.S. Department of Justice (DoJ) regarding its planned acquisition of ChampionX (NASDAQ: CHX). The acquisition, approved by ChampionX stockholders on June 18, 2024, is expected to close in Q4 2024 or Q1 2025, pending regulatory approvals and customary closing conditions. The DoJ's review process is ongoing.