SUGAR LAND – Schlumberger is moving its headquarters from 5599 San Felipe in Houston to Sugar Land as part of its long-term strategy to consolidate operations.
Currently Sugar Land's second-largest employer, Schlumberger plans to improve the roughly 33-acre campus at US 90 and Gillingham Lane. It will demolish obsolete buildings, repair utilities and redo landscaping.
The company will ultimately build over 250,000 sf of Class-A office space and a 100,000-sf amenities building. Delivery is slated for late 2017.
Schlumberger projects that the $200 million capital investment to the property will bring 500 jobs to the city.
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