<SEC-DOCUMENT>0001127602-16-049743.txt : 20160422
<SEC-HEADER>0001127602-16-049743.hdr.sgml : 20160422
<ACCEPTANCE-DATETIME>20160422154203
ACCESSION NUMBER:		0001127602-16-049743
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160420
FILED AS OF DATE:		20160422
DATE AS OF CHANGE:		20160422

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:			Laureles Saul R.
		CENTRAL INDEX KEY:			0001672864

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04601
		FILM NUMBER:		161586612

	MAIL ADDRESS:	
		STREET 1:		5599 SAN FELIPE, 17TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77056
</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>2016-04-20</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001672864</rptOwnerCik>
            <rptOwnerName>Laureles Saul R.</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>Deputy General Counsel, Corp.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.01 Par Value Per Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1690</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>68.505</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2011-01-21</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2020-01-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>500</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>64.225</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2011-10-21</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2020-10-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1588</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>72.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2013-01-19</value>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-01-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1799</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>73.25</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2014-01-17</value>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-01-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2519</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>100.555</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-04-16</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-04-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>800</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>114.825</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-07-17</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-07-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>170</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>91.74</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2016-04-16</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-04-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1090</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Incentive Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>61.92</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-01-21</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2026-01-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1614</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>64.225</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2011-10-21</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2020-10-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>12</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>72.11</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2013-01-19</value>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2022-01-19</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>601</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>73.25</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2014-01-17</value>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <value>2023-01-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3081</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>100.555</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-04-16</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-04-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3200</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>114.825</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-07-17</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-07-17</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5830</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>91.74</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2016-04-16</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-04-16</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6910</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>61.92</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2017-01-21</value>
                <footnoteId id="F8"/>
            </exerciseDate>
            <expirationDate>
                <value>2026-01-21</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $0.01 Par Value Per Share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8386</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Became exercisable in five equal annual installments beginning January 21, 2011.</footnote>
        <footnote id="F2">Became exercisable in five equal installments beginning October 21, 2011.</footnote>
        <footnote id="F3">Became exercisable in five equal installments beginning January 19, 2013.</footnote>
        <footnote id="F4">Became exercisable in five equal annual installments beginning January 17, 2014.</footnote>
        <footnote id="F5">Became exercisable in five equal installments beginning April 16, 2015.</footnote>
        <footnote id="F6">Became exercisable in five equal installments beginning July 17, 2105.</footnote>
        <footnote id="F7">Became exercisable in five equal annual installments beginning April 16, 2016.</footnote>
        <footnote id="F8">Will become exercisable in five equal annual installments beginning January 21, 2017.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Matthew Rinegar, attorney-in-fact for Saul R. Laureles</signatureName>
        <signatureDate>2016-04-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>doc1.txt
<DESCRIPTION>POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY
<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
Matthew C. Rinegar 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.

April 22, 2016				/s/ Saul R. Laureles
					Saul R. Laureles
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
