SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
PFERDEHIRT DOUG

(Last) (First) (Middle)

(Street)

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/26/2003
3. Issuer Name and Ticker or Trading Symbol
SCHLUMBERGER LTD /NV/ [ slb ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VICE PRESIDENT
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 4,945 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) 10/19/1995(1) 10/19/2004 Common Stock 5,495 24.966 D
Incentive Stock Option (right to buy) 04/16/1997(2) 04/16/2006 Common Stock 6,594 38.473 D
Incentive Stock Option (right to buy) 10/16/1997(3) 10/16/2006 Common Stock 340 42.596 D
Incentive Stock Option (right to buy) 04/21/2000(4) 04/21/2009 Common Stock 3,622 55.619 D
Incentive Stock Option (right to buy) 04/17/2003(5) 04/17/2012 Common Stock 3,588 55.745 D
Incentive Stock Option (right to buy) 04/19/2001(6) 04/19/2010 Common Stock 3,041 73.032 D
Incentive Stock Option (right to buy) 10/19/2001(7) 10/19/2010 Common Stock 150 82.282 D
Incentive Stock Option (right to buy) 10/21/1998(8) 10/21/2007 Common Stock 1,148 82.348 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 10/16/1997(3) 10/16/2006 Common Stock 8,451 42.596 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 04/21/2000(4) 04/21/2009 Common Stock 773 55.619 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 04/17/2003(5) 04/17/2012 Common Stock 11,412 55.745 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 04/15/1999(9) 04/15/2008 Common Stock 4,396 71.315 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 04/19/2001(6) 04/19/2010 Common Stock 2,959 73.032 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 10/19/2001(7) 10/19/2010 Common Stock 4,850 82.282 D
NQ Stock Option (right to buy) w/ tandem Tax w/h right 10/21/1998(8) 10/21/2007 Common Stock 4,346 82.348 D
Explanation of Responses:
1. Exercisable in five equal annual installments beginning October 19, 1995.
2. Option became exercisable in five annual installments beginning on April 16, 1997.
3. EXERCISABLE IN FIVE EQUAL ANNUAL INSTALLMENTS BEGINNING OCTOBER 16,1997
4. Exercisable in five equal annual installments beginning April 21, 2000.
5. Exercisable in five equal annual installments beginning April 17,2003.
6. The option became exercisable in five equal annual installments beginning April 19,2001.
7. The option vests in five equal installments beginning on October 19, 2001.
8. The option becomes exercisable in five equal annual installments beginning October 21, 1998.
9. The options became exercisable in five equal annual installments on April 15, 1999.
By: /s/ Janet B. Glassmacher Attorney in fac For: Douglas Pferdehirt 07/02/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
SCHLUMBERGER LIMITED

POWER OF ATTORNEY


The undersigned in his capacity as a director or officer or both of
Schlumberger Limited,a Netherlands Antilles corporation (the "Company"),
does hereby appoint Janet B. Glassmacher, Lynda M. Quagliara and Ellen
Summer, and each of them severally, his true and lawful attorney-in-
fact with power to act with or without the other and with full power
of substitution and resubstitution, to execute for him and in his name,
place and stead, in his capacity as a director or officer or both of
the Company, a statement of beneficial ownership on Form 3, Form 4 or
Form 5, and to file the same or cause the same to be filed with the
Securities and Exchange Commission.  This Power of Attorney shall
remain in full force and effect until the undersigned is no longer
required to file Forms 3, 4 and 5.

June 27, 2003	/s/ Doug Pferdehirt
	          Doug Pferdehirt