Business Segments · Capital Investments

Well Construction — Capital Investments

Schlumberger Well Construction — Capital Investments decreased by 31.8% to $107.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.1%, from $129.00M to $107.00M. Over 3 years (FY 2021 to FY 2025), Well Construction — Capital Investments shows an upward trend with a 6.6% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026

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_investments

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$106.00M$106.00M$106.00M$171.75M$171.75M$171.75M$171.75M$227.00M$227.00M$227.00M$227.00M$198.00M$165.00M$129.00M$118.00M$110.00M$157.00M$107.00M
QoQ Change+0.0%+0.0%+62.0%+0.0%+0.0%+0.0%+32.2%+0.0%+0.0%+0.0%-12.8%-16.7%-21.8%-8.5%-6.8%+42.7%-31.8%
YoY Change+62.0%+62.0%+62.0%+32.2%+32.2%+32.2%+32.2%-12.8%-27.3%-40.4%-33.3%-17.1%
Range$106.00M$227.00M
CAGR+0.2%
Avg YoY Growth+15.3%
Median YoY Growth+32.2%

Frequently Asked Questions

What is Schlumberger 's well construction — capital investments?
Schlumberger (SLB) reported well construction — capital investments of $107.00M 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 $129.00M to $107.00M.
What is the long-term trend for Schlumberger 's well construction — capital investments?
Over 3 years (2021 to 2025), Schlumberger 's well construction — capital investments has grown at a 6.6% compound annual growth rate (CAGR), from $424.00M to $514.00M.
What does well construction — capital investments mean?
The amount of money invested in new equipment and infrastructure for the Well Construction segment.