It had now lost $337 million and was a prime candidate for buyout. Computalog had now become one of the companies interested. It was not to be and Computalog had now lost its main supply of technology. The Gearhart connection had ended its 12-year run. Although given a token board position, Marvin Gearhart left the company soon after the Halliburton merger to concentrate on another project, Rockbit Industries, which became Gearhart-Rockbit. In the early 2000s, after the expiration of his non-competition clause with Halliburton, Marvin Gearhart began another new company dedicated to well logging. It is also called Gearhart Industries, and is located across the street from the old facility in Fort Worth, Texas.