Schlumberger SLB Well Construction — Allocation Expense

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FAQ

What is Schlumberger 's well construction — allocation expense?

Schlumberger (SLB) reported well construction — allocation expense of $232M in Q2 2026.

How has Schlumberger 's well construction — allocation expense changed year-over-year?

Schlumberger 's well construction — allocation expense decreased by 3.3% year-over-year, from $240M to $232M.

What is the long-term trend for Schlumberger 's well construction — allocation expense?

Over 3 years (2022 to 2025), Schlumberger 's well construction — allocation expense has grown at a 4.5% compound annual growth rate (CAGR), from $828M to $944M.

What does well construction — allocation expense mean?

This represents corporate-level expenses or overhead costs that are distributed to the Well Construction segment. These allocations cover shared services such as administrative, legal, or IT support. It provides a more accurate view of the segment's fully-loaded cost structure.