SEC Form 3

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 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Mugharbel Khaled (Last) (First) (Middle) 5599 SAN FELIPE, 17TH FLOOR (Street) HOUSTON TX 77056 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/01/2013	3. Issuer Name and Ticker or Trading Symbol SCHLUMBERGER LTD /NV/ [ SLB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President Drilling Group	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

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	573	D

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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
NQ Stock Option (right to buy) w/ tandem Tax w/h right	10/18/2011(1)	10/18/2017	Common Stock, $0.01 par value per share	3,000	$110.775	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	04/17/2009(2)	04/17/2018	Common Stock, $0.01 par value per share	8,000	$93.97	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/22/2010(3)	01/22/2019	Common Stock, $0.01 par value per share	1,600	$37.845	D
RSU (restricted stock unit)	01/19/2015(4)	01/19/2022	Common Stock, $0.01 par value per share	8,000	$0	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/19/2013(5)	01/19/2022	Common Stock, $0.01 par value per share	15,000	$72.11	D
RSU (restricted stock unit)	04/19/2015(6)	04/19/2022	Common Stock, $0.01 par value per share	10,000	$0	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	04/18/2014(7)	04/18/2023	Common Stock, $0.01 par value per share	20,000	$70.925	D

Explanation of Responses:

1. Subject to 4-year cliff vesting and became fully exercisable on October 18, 2011.

2. Became exercisable in five equal annual installments beginning April 17, 2009.

3. Became exercisable in five equal annual installments beginning January 22, 2010.

4. Subject to 3-year cliff vesting and fully vests on January 19, 2015.

5. Became exercisable in five equal annual installments beginning January 19, 2013.

6. Subject to 3-year cliff vesting and fully vests on April 19, 2015.

7. Becomes exercisable in five equal annual installments beginning April 18, 2014.

	Saul R. Laureles, Attorney-in-Fact	07/10/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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