SEC FORM 3

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^*

Farrant Simon

(Last)

(First)

(Middle)

5599 SAN FELIPE, 17TH FLOOR

(Street)

HOUSTON

77056

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/01/2014

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)
	VP Investor Relations

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	4,061	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)
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	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/17/2009⁽¹⁾	01/17/2018	Common Stock, $0.01 par value per share	674	$84.93	D
Incentive Stock Option (right to buy)	01/17/2009⁽¹⁾	01/17/2018	Common Stock, $0.01 par value per share	2,326	$84.93	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	07/17/2009⁽²⁾	07/17/2018	Common Stock, $0.01 par value per share	3,970	$97.225	D
Incentive Stock Option (right to buy)	07/17/2009⁽²⁾	07/17/2018	Common Stock, $0.01 par value per share	1,030	$97.225	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	10/22/2010⁽³⁾	10/22/2019	Common Stock, $0.01 par value per share	1,727	$67.87	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	04/22/2011⁽⁴⁾	04/22/2020	Common Stock, $0.01 par value per share	10,521	$67.595	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	09/01/2011⁽⁵⁾	09/01/2020	Common Stock, $0.01 par value per share	12,000	$54.655	D
NQ Stock Option (right to buy) w/ tandem Tax w/h right	01/19/2013⁽⁶⁾	01/19/2022	Common Stock, $0.01 par value per share	5,228	$72.11	D
Incentive Stock Option (right to buy)	10/22/2010⁽⁷⁾	10/22/2019	Common Stock, $0.01 par value per share	1,473	$67.87	D
Incentive Stock Option (right to buy)	01/19/2013⁽⁸⁾	01/19/2022	Common Stock, $0.01 par value per share	2,772	$72.11	D
Incentive Stock Option (right to buy)	04/22/2011⁽⁹⁾	04/22/2020	Common Stock, $0.01 par value per share	1,479	$67.595	D
RSU (restricted stock unit)	04/19/2015⁽¹⁰⁾	04/19/2022	Common Stock, $0.01 par value per share	3,000	$0	D
NQ Stock Option (right to buy) w/tandem Tax w/h right	04/18/2014⁽¹¹⁾	04/18/2023	Common Stock, $0.01 par value per share	5,000	$70.925	D
Incentive Stock Option (right to buy)	01/16/2015⁽¹²⁾	01/16/2024	Common Stock, $0.01 par value per share	2,252	$88.765	D
NQ Stock Option (right to buy)w/tandem tax w/h right	01/16/2015⁽¹³⁾	01/16/2024	Common Stock, $0.01 par value per share	9,748	$88.765	D
RSU (restricted stock unit)	01/16/2017⁽¹⁴⁾	01/16/2024	Common Stock, $0.01 par value per share	4,200	$0	D

Explanation of Responses:

1. Became exercisable in five equal annual installments beginning January 17, 2009.

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

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

4. Became exercisable in five equal annual installments beginning April 22, 2011.

5. Became exercisable in five equal annual installments beginning September 1, 2011.

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

7. Became exercisable in five equal annual installments beginning October 22, 2010.

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

9. Became exercisable in five equal annual installments beginning April 22, 2011.

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

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

12. Becomes exercisable in five equal annual installments beginning January 16, 2015.

13. Becomes exercisable in five equal annual installments beginning January 16, 2015.

14. Subject to a 3-year cliff vesting and fully vests on January 16, 2017.

Remarks:

Power of Attorney - Simon Farrant

	Saul R. Laureles, Attorney-in-Fact	02/07/2014
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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