Way way back.......pre o-ring days......... I used to go so far as to pull a chain off and clean it real good (I think I used kerosene-it was handy-soaked it-scrubed it real good) and dried it real good and just submerged it in a quart of fresh motor oil overnight just because I'm silly.
Then a day later just lift it up and hang it until most of the oil dripped off and give it a little wipe down and reinstall but that was just my being silly that way.
The only tools needed were a pair of those extremely common pliers (to remove/install the master link) and a small tub/pan/container just large enough to hold the chain all curled up flat.
Of course that was back long before we had all these other fine chain maintenance products out there.
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