v3.26.3
Unconsolidated Affiliate
9 Months Ended
Sep. 30, 2026
Unconsolidated Affiliate  
Unconsolidated Affiliate

Note 4—Unconsolidated Affiliate

Disposal—We hold equity investments in unconsolidated companies, including certain companies involved in researching and developing technology to improve efficiency, reliability, sustainability and safety for drilling and other activities.  In the three and nine months ended September 30, 2026, we completed the sale of our equity investment in Enhanced Well Technologies Group AS, a company involved in providing well construction solutions, such as advanced managed pressure drilling and riserless mud recovery technologies, for cash proceeds of $39 million and recognized a gain of $19 million, which had no net tax effect, recorded in other, net.