Quarterly Dividend

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Schlumberger Declares Quarterly Dividend

PARIS--(BUSINESS WIRE)--Apr. 19, 2012-- The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.275 per share of outstanding common stock. The dividend is payable on July 13, 2012 to stockholders of record at the close of business on June 1, 2012.

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 113,000 people representing over 140 nationalities and working in approximately 85 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 $39.54 billion in 2011. For more information, visit http://www.slb.com.

Source: Schlumberger

Schlumberger
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