Business Segments · Allocation Expense
Well Construction — Allocation Expense
Schlumberger Well Construction — Allocation Expense increased by 2.2% to $229M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $250M to $229M. Over 3 years (FY 2022 to FY 2025), Well Construction — Allocation Expense shows an upward trend with a 4.5% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Changes reflect shifts in corporate cost structure or the segment's relative size within the company.
Detailed definition
This represents corporate-level expenses or overhead costs that are distributed to the Well Construction segment. These...
Peer comparison
Common in large, multi-segment corporations with centralized support functions.
Metric ID:
slb_segment_well_construction_allocation_expenseHistorical Data
17 periods
| 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 | $207M | $207M | $207M | $207M | $235.75M | $235.75M | $235.75M | $235.75M | $251M | $252M | $254M | $253M | $250M | $240M | $230M | $224M | $229M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.9% | +0.0% | +0.0% | +0.0% | +6.5% | +0.4% | +0.8% | -0.4% | -1.2% | -4.0% | -4.2% | -2.6% | +2.2% |
| YoY Change | — | — | — | — | +13.9% | +13.9% | +13.9% | +13.9% | +6.5% | +6.9% | +7.7% | +7.3% | -0.4% | -4.8% | -9.4% | -11.5% | -8.4% |
Range$207M – $254M
CAGR+2.6%
Avg YoY Growth+3.8%
Median YoY Growth+6.9%
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Frequently Asked Questions
- What is Schlumberger 's well construction — allocation expense?
- Schlumberger (SLB) reported well construction — allocation expense of $229M in Q1 2026.
- How has Schlumberger 's well construction — allocation expense changed year-over-year?
- Schlumberger 's well construction — allocation expense decreased by 8.4% year-over-year, from $250M to $229M.
- 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?
- The portion of corporate overhead costs assigned to the Well Construction segment.