<SEC-DOCUMENT>0001127602-16-049207.txt : 20160414
<SEC-HEADER>0001127602-16-049207.hdr.sgml : 20160414
<ACCEPTANCE-DATETIME>20160414153224
ACCESSION NUMBER:		0001127602-16-049207
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160405
FILED AS OF DATE:		20160414
DATE AS OF CHANGE:		20160414

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Rowe Robert Scott
		CENTRAL INDEX KEY:			0001608962

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04601
		FILM NUMBER:		161571612

	MAIL ADDRESS:	
		STREET 1:		1333 WEST LOOP SOUTH, SUITE 1700
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77027
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2016-04-05</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001608962</rptOwnerCik>
            <rptOwnerName>Rowe Robert Scott</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>
            <isOfficer>1</isOfficer>
            <officerTitle>President, Cameron Group</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

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                <value>Common Stock, $0.01 Par Value Per Share</value>
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                    <value>29308</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
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                    <value>D</value>
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                    <value>I</value>
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                <natureOfOwnership>
                    <value>by Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Rsu (restricted Stock Unit)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F12"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F12"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>10214</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Rsu (restricted Stock Unit)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F13"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F13"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>658</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Rsu (restricted Stock Unit)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F14"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F14"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>55756</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Rsu (restricted Stock Unit)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F15"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F15"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4337</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This option becomes exercisable as follows:  9,789 on 10/17/2014; 9,788 on 10/17/2015 and 3,824 on 10/17/2016.</footnote>
        <footnote id="F2">This option becomes exercisable as follows: 11,363 on 10/16/2016 and 19,415 on 10/16/2017.</footnote>
        <footnote id="F3">This option becomes exercisable as follows: 21,004 on 10/16/2015 and 9,640 on 10/16/2016.</footnote>
        <footnote id="F4">This option becomes exercisable as follows: 23,010 on 10/14/2016; 42,966 on 10/14/2017 and 41,580 on 10/14/2018.</footnote>
        <footnote id="F5">The restricted stock unit award was granted January 1, 2015 and vests 100% on December 31, 2017.</footnote>
        <footnote id="F6">Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.</footnote>
        <footnote id="F7">The restricted stock unit award was granted October 16, 2014 and vests 43% on January 1, 2017 and 57% on January 1, 2018.</footnote>
        <footnote id="F8">The restricted stock unit award was granted January 1, 2014 and vests 100% on December 31, 2016.</footnote>
        <footnote id="F9">The restricted stock unit award was granted October 5, 2015 and vests 100% on January 1, 2017.</footnote>
        <footnote id="F10">The restricted stock unit award was granted October 5, 2015 and vests 100% on December 31, 2017.</footnote>
        <footnote id="F11">The restricted stock unit award was granted October 17, 2013 and vests 100% on January 1, 2017.</footnote>
        <footnote id="F12">The restricted stock unit award was granted October 14, 2015 and vests 100% on October 14, 2016.</footnote>
        <footnote id="F13">The restricted stock unit award was granted October 16, 2014 and vests 100% on January 1, 2017.</footnote>
        <footnote id="F14">The restricted stock unit award was granted October 14, 2015 and vests 20% on October 14, 2016; 40% on October 14, 2017 and 40% on October 14, 2018.</footnote>
        <footnote id="F15">The restricted stock unit award was granted October 5, 2015 and vests 43% on January 1, 2017 and 57% on January 1, 2018.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Lynda Quagliara Attorney-in-Fact for Robert Scott Rowe</signatureName>
        <signatureDate>2016-04-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>doc1.txt
<DESCRIPTION>POWER OF ATTORNEY (PUBLIC): POA ROWE
<TEXT>
The undersigned, in his capacity as a director or officer, or both,
of Schlumberger Limited, a Curacao 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 undersigned's name and on the undersigned's 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 undersigned's 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 undersigned's 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.
Robert Scott Rowe
April 9, 2016
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
