Schlumberger Reservoir Performance — Operating Expenses decreased by 4.8% to $1.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.7%, from $1.42B to $1.34B. Over 3 years (FY 2022 to FY 2025), Reservoir Performance — Operating Expenses shows an upward trend with a 6.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower operating expenses relative to revenue indicate higher operational efficiency and better segment margins.
This represents the total operating costs incurred by the Reservoir Performance segment to conduct its daily business ac...
Standard segment-level operating expense metric used across all industries.
slb_segment_reservoir_performance_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.17B | $1.17B | $1.17B | $1.17B | $1.32B | $1.32B | $1.32B | $1.32B | $1.39B | $1.44B | $1.46B | $1.44B | $1.42B | $1.38B | $1.37B | $1.41B | $1.34B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.4% | +0.0% | +0.0% | +0.0% | +4.6% | +4.1% | +0.9% | -1.1% | -1.5% | -2.9% | -0.5% | +2.6% | -4.8% |
| YoY Change | — | — | — | — | +13.4% | +13.4% | +13.4% | +13.4% | +4.6% | +8.9% | +9.9% | +8.7% | +2.3% | -4.6% | -5.9% | -2.4% | -5.7% |