Edgar Filing: SCHLUMBERGER LTD /NV/

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Foda Sherif

2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2013

3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LTD /NV/ [SLB]

(Last)

(First)

(Middle)

5599 SAN FELIPE, 17TH FLOOR

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)
President Production Group

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

HOUSTON,Â TXÂ 77056

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 par value per share	5,556	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
NQ Stock Option (right to buy) w/ tandem Tax w/h right	07/19/2011⁽¹⁾	07/19/2017	Common Stock, $0.01 par value per share	8,000	$ 92.7	D	Â
Incentive Stock Option (right to buy)	01/22/2010⁽²⁾	01/22/2019	Common Stock, $0.01 par value per share	4,800	$ 37.845	D	Â
Incentive Stock Option (right to buy)	07/23/2010⁽³⁾	07/23/2019	Common Stock, $0.01 par value per share	2,088	$ 56.605	D	Â
NQ Stock Option (right to buy) w/ tandem Tax w/h right	07/23/2010⁽⁴⁾	07/23/2019	Common Stock, $0.01 par value per share	12,912	$ 56.605	D	Â
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/20/2012⁽⁵⁾	01/20/2021	Common Stock, $0.01 par value per share	8,000	$ 83.885	D	Â
NQ Stock Option (right to buy) w/ tandem Tax w/h right	07/21/2012⁽⁶⁾	07/21/2021	Common Stock, $0.01 par value per share	15,000	$ 89.995	D	Â
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/19/2016⁽⁷⁾	01/19/2022	Common Stock, $0.01 par value per share	10,000	$ 72.11	D	Â
RSU (restricted stock unit)	04/19/2014⁽⁸⁾	04/19/2022	Common Stock, $0.01 par value per share	10,000	$ 0	D	Â
NQ Stock Option (right to buy) w/ tandem Tax w/h right	04/18/2014⁽⁹⁾	04/18/2023	Common Stock, $0.01 par value per share	20,000	$ 70.925	D	Â
RSU (restricted stock unit)	04/18/2016⁽¹⁰⁾	04/18/2023	Common Stock, $0.01 par value per share	3,500	$ 0	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Foda Sherif 5599 SAN FELIPE, 17TH FLOOR HOUSTON,Â TXÂ 77056	Â	Â	Â President Production Group	Â

Signatures

Saul R. Laureles, Attorney-in-Fact		07/10/2013
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Subject to 4-year cliff vesting and became fully exercisable on July 19, 2011.
(2)	Became exercisable in five equal annual installments beginning January 22, 2010.
(3)	Became exercisable in five equal annual installments beginning July 23, 2010.
(4)	Became exercisable in five equal annual installments beginning July 23, 2010.
(5)	Became exercisable in five equal annual installments beginning January 20, 2012.
(6)	Became exercisable in five equal annual installments beginning July 21, 2012.
(7)	Subject to 4-year cliff vesting and fully vests on January 19, 2016.
(8)	Subject to 2-year cliff vesting and fully vests on April 19, 2014.
(9)	Becomes exercisable in five equal annual installments beginning April 18, 2014.
(10)	Subject to 3-year cliff vesting and fully vests on April 18, 2016.

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