Schlumberger SLB Well Construction — Operating Expenses

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FAQ

What is Schlumberger 's well construction — operating expenses?

Schlumberger (SLB) reported well construction — operating expenses of $2.33B in Q2 2026.

How has Schlumberger 's well construction — operating expenses changed year-over-year?

Schlumberger 's well construction — operating expenses decreased by 3.6% year-over-year, from $2.41B to $2.33B.

What is the long-term trend for Schlumberger 's well construction — operating expenses?

Over 3 years (2022 to 2025), Schlumberger 's well construction — operating expenses has grown at a 1.5% compound annual growth rate (CAGR), from $9.2B to $9.61B.

What does well construction — operating expenses mean?

This metric aggregates all operating costs incurred by the Well Construction segment, including labor, materials, overhead, and depreciation. It represents the total cost to run the segment's operations before interest and taxes. It is the primary metric for evaluating the overall cost-efficiency of the segment.