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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001246360-10-001990.txt : 20100503
<SEC-HEADER>0001246360-10-001990.hdr.sgml : 20100503
<ACCEPTANCE-DATETIME>20100503144521
ACCESSION NUMBER:		0001246360-10-001990
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100430
FILED AS OF DATE:		20100503
DATE AS OF CHANGE:		20100503

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kudryavtsev Nikolay
		CENTRAL INDEX KEY:			0001396862

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04601
		FILM NUMBER:		10792083

	MAIL ADDRESS:	
		STREET 1:		C/O SCHLUMBERGER LIMITED
		STREET 2:		5599 SAN FELIPE 17TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCHLUMBERGER LTD /NV/
		CENTRAL INDEX KEY:			0000087347
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				520684746
		STATE OF INCORPORATION:			P8
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5599 SAN FELIPE
		STREET 2:		17TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056
		BUSINESS PHONE:		7135132000

	MAIL ADDRESS:	
		STREET 1:		5599 SAN FELIPE
		STREET 2:		17TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SCHLUMBERGER NV
		DATE OF NAME CHANGE:	19920804

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SCHLUMBERGER LTD
		DATE OF NAME CHANGE:	19880812
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-04-30</periodOfReport>

    <notSubjectToSection16>false</notSubjectToSection16>

    <issuer>
        <issuerCik>0000087347</issuerCik>
        <issuerName>SCHLUMBERGER LTD /NV/</issuerName>
        <issuerTradingSymbol>SLB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001396862</rptOwnerCik>
            <rptOwnerName>Kudryavtsev Nikolay</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5599 SAN FELIPE, 17TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77056</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.01 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2010-04-30</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2250</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to Schlumberger Limited Stock and Deferral Plan for Non-Employee Directors.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Saul Laureles, Attorney-in-Fact</signatureName>
        <signatureDate>2010-05-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>owerofattorneykudryavtsev.txt
<TEXT>
SCHLUMBERGER LIMITED
POWER OF ATTORNEY
	The undersigned, in his capacity as a director
or officer, or both, of Schlumberger Limited, a
Netherlands Antilles corporation (the Company), does
hereby appoint each of Saul R. Laureles and Lynda M.
Quagliara, or either of them acting singly, his/her
true and lawful attorney in fact with full power of
substitution, to (a) prepare, execute in the undersigneds
name and on the undersigneds behalf, and submit to the
U.S. Securities and Exchange Commission (the SEC)
a Form ID, including amendments thereto, and any other
documents necessary or appropriate to obtain codes,
passwords and passphrases enabling the undersigned to
make electronic filings with the SEC of reports required
by Section 16(a) of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or any rule or regulation of
the SEC, and (b) execute for and on behalf of the
undersigned, in the undersigneds capacity as a director
or officer, or both, of the Company, Forms 3, 4 and 5
in accordance with Section 16 of the Exchange Act, as
well as Forms 144, and complete and execute any amendment
or amendments thereto, and to file the same or cause
the same to be filed with the SEC.
	This Power of Attorney supersedes any and all
prior and existing powers of attorney signed by the
undersigned with respect to the subject matter hereof,
and shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, 5
or 144 with respect to the undersigneds holdings of and
transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys in fact.
January 21, 2010 	/s/ Nikolay Kudryavtsev
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
