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* Kamath K. Vaman (Last) (First) (Middle) C/O SCHLUMBERGER LIMITED 5599 SAN FELIPE, 17TH FLOOR (Street) HOUSTON TX 77056 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/07/2010	3. Issuer Name and Ticker or Trading Symbol SCHLUMBERGER LTD /NV/ [ SLB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	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, $0.01 par value per share	0	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

Explanation of Responses:

	Saul R. Laureles, Attorney-in-Fact	04/15/2010
	** 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.
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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 each of Saul R. Laureles
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 undersigneds name and on the undersigneds 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 undersigneds
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 undersigneds
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 10, 2010 	/s/ K. Vaman Kamath