Quarterly Dividend

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Schlumberger Declares Quarterly Dividend

HOUSTON, Oct 20, 2011 (BUSINESS WIRE) -- The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.25 per share of outstanding common stock. The dividend is payable on January 6, 2012 to stockholders of record at the close of business on December 1, 2011.

About Schlumberger

Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 110,000 people representing over 140 nationalities and working in approximately 80 countries, Schlumberger provides the industry's widest range of products and services from exploration through production.

Schlumberger Limited has principal offices in Paris, Houston and The Hague and reported revenues of $27.45 billion in 2010. For more information, visit http://www.slb.com.

SOURCE: Schlumberger Limited

Schlumberger Limited
Malcolm Theobald, + 1 (713) 375-3535
Vice President of Investor Relations
or
Joy V. Domingo, + 1 (713) 375-3535
Manager of Investor Relations
investor-relations@slb.com