SLB LIMITED/NV — Director's Dealing 2012

Jan 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHLUMBERGER LTD /NV/ (SLB)
CIK: 0000087347
Period of Report: 2012-01-19

Reporting Person: PAI SATISH (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-19	NQ Stock Option (right to buy) w/ tandem Tax w/h right	$72.11	A	137000	Acquired	2022-01-19	Common Stock, $0.01 par value per share (137000)	Direct

Footnotes

F1: This option is subject to a 4-year cliff and will become exercisable on January 19, 2016.