Chemical Group SNF Acquires Permian’s Obsidian Chemical Solutions
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SNF has acquired Obsidian Chemical Solutions, a leading provider of specialty chemical solutions primarily for completion operations to the oil and gas industry.
“SNF Oil & Gas is committed to enhancing our infrastructure to meet customer service and product requirements. The acquisition of Obsidian Chemical Solutions exemplifies our ongoing dedication to delivering innovative and customized solutions to the oil and gas industry,” said Brian Satterfield, VP of SNF Oil and Gas.
Based in Midland, Texas, Obsidian has grown rapidly to become a trusted solution provider to the Permian Basin. It provides one of the largest bulk storage capacities in the basin and a substantial manufacturing footprint.
This acquisition will allow SNF to service its customers more quickly and efficiently with a broader portfolio by offering customized chemical formulations for stimulation, acidizing, drill-out, cementing, and produced water treatment, enhancing asset integrity and optimizing production.
SNF is a specialty chemical group based in Andrezieux, France, whose products contribute to treating, recycling, preserving water, saving energy, and reducing carbon footprint. A pioneer in soft chemistry, SNF has long been present on all continents, employing 8,800 people, including 2,540 in the U.S.
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