Business Segments · Capital Investments
Well Construction — Capital Investments
Schlumberger Well Construction — Capital Investments decreased by 31.4% to $107M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.1%, from $129M to $107M. Over 4 years (FY 2021 to FY 2025), Well Construction — Capital Investments shows an upward trend with a 4.9% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 29, 2026
Rolls up toCapital Investments
How to read this metric
Higher investment suggests growth initiatives, while lower investment may indicate a focus on cash preservation or asset maturity.
Detailed definition
This metric measures the cash spent by the Well Construction segment on acquiring or upgrading physical assets like dril...
Peer comparison
Comparable to capital expenditure (CapEx) reported by peers in the oilfield services industry.
Metric ID:
slb_segment_well_construction_capital_investmentsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $106M | $106M | $106M | $171.75M | $171.75M | $171.75M | $171.75M | $227M | $227M | $227M | $227M | $192M | $198M | $165M | $190M | $129M | $118M | $110M | $156M | $107M |
| QoQ Change | — | +0.0% | +0.0% | +62.0% | +0.0% | +0.0% | +0.0% | +32.2% | +0.0% | +0.0% | +0.0% | -15.4% | +3.1% | -16.7% | +15.2% | -32.1% | -8.5% | -6.8% | +41.8% | -31.4% |
| YoY Change | — | — | — | — | +62.0% | +62.0% | +62.0% | +32.2% | +32.2% | +32.2% | +32.2% | -15.4% | -12.8% | -27.3% | -16.3% | -32.8% | -40.4% | -33.3% | -17.9% | -17.1% |
Range$106M – $227M
CAGR+0.2%
Avg YoY Growth+6.3%
Median YoY Growth-14.1%
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Frequently Asked Questions
- What is Schlumberger 's well construction — capital investments?
- Schlumberger (SLB) reported well construction — capital investments of $107M in Q1 2026.
- How has Schlumberger 's well construction — capital investments changed year-over-year?
- Schlumberger 's well construction — capital investments decreased by 17.1% year-over-year, from $129M to $107M.
- What is the long-term trend for Schlumberger 's well construction — capital investments?
- Over 4 years (2021 to 2025), Schlumberger 's well construction — capital investments has grown at a 4.9% compound annual growth rate (CAGR), from $424M to $513M.
- What does well construction — capital investments mean?
- The amount of money invested in new equipment and infrastructure for the Well Construction segment.