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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*
Gatti Amerino
(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR
(Street)
HOUSTON TX 77056
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/11/2016 		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)
President, Production Group
 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 5,526 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) 01/17/2009(1) 01/17/2018 Common Stock, $0.01 Par Value Per Share 2,354 84.93 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 01/17/2009(1) 01/17/2018 Common Stock, $0.01 Par Value Per Share 5,646 84.93 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 07/17/2009(2) 07/07/2018 Common Stock, $0.01 Par Value Per Share 6,000 97.225 D
Incentive Stock Option (Right to Buy) 10/22/2010(3) 10/22/2019 Common Stock, $0.01 Par Value Per Share 1,473 67.87 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 10/22/2010(3) 10/22/2019 Common Stock, $0.01 Par Value Per Share 13,527 67.87 D
Incentive Stock Option (Right to Buy) 07/22/2011(4) 07/22/2020 Common Stock, $0.01 Par Value Per Share 1,637 61.07 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 07/22/2011(4) 07/22/2020 Common Stock, $0.01 Par Value Per Share 13,363 61.07 D
Incentive Stock Option (Right to Buy) 01/20/2012(5) 01/20/2021 Common Stock, $0.01 Par Value Per Share 1,192 83.885 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 01/20/2012(5) 01/20/2021 Common Stock, $0.01 Par Value Per Share 28,808 83.885 D
Incentive Stock Option (Right to Buy) 01/19/2013(6) 01/19/2022 Common Stock, $0.01 Par Value Per Share 1,386 72.11 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 01/19/2013(6) 01/19/2022 Common Stock, $0.01 Par Value Per Share 18,614 72.11 D
Incentive Stock Option (Right to Buy) 04/18/2014(7) 04/18/2023 Common Stock, $0.01 Par Value Per Share 1,409 70.925 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 04/18/2014(7) 04/18/2023 Common Stock, $0.01 Par Value Per Share 18,591 70.925 D
Rsu (restricted Stock Unit) (8) (8) Common Stock, $0.01 Par Value Per Share 10,000 0 D
Incentive Stock Option (Right to Buy) 04/16/2015(9) 04/16/2024 Common Stock, $0.01 Par Value Per Share 994 100.555 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 04/16/2015(9) 04/16/2024 Common Stock, $0.01 Par Value Per Share 23,006 100.555 D
Rsu (restricted Stock Unit) (10) (10) Common Stock, $0.01 Par Value Per Share 1,900 0 D
Incentive Stock Option (Right to Buy) 04/16/2016(11) 04/16/2025 Common Stock, $0.01 Par Value Per Share 1,090 91.74 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 04/16/2016(11) 04/16/2025 Common Stock, $0.01 Par Value Per Share 22,910 91.74 D
Incentive Stock Option (Right to Buy) 04/20/2017(12) 04/20/2026 Common Stock, $0.01 Par Value Per Share 1,241 80.525 D
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right 04/20/2017(12) 04/20/2026 Common Stock, $0.01 Par Value Per Share 28,759 80.525 D
Explanation of Responses:
1. Became exercisable in five equal annual installments beginning January 17, 2009.
2. Became exercisable in five equal annual installments beginning July 17, 2009.
3. Became exercisable in five equal annual installments beginning October 22, 2010.
4. Became exercisable in five equal annual installments beginning July 22, 2011.
5. Became exercisable in five equal annual installments beginning January 20, 2012.
6. Became exercisable in five equal annual installments beginning January 19, 2013.
7. Became exercisable in five equal annual installments beginning April 18, 2014.
8. Subject to 3-year cliff vesting on July 18, 2016.
9. Became exercisable in five equal annual installments beginning April 16, 2015.
10. Subject to 3-year cliff vesting on July 16, 2017.
11. Became exercisable in five equal annual installments beginning April 16, 2016.
12. Will become exercisable in five equal annual installments beginning April 20, 2017.
/s/ Saul R. Laureles, Attorney-in-Fact 05/23/2016
** 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.
The undersigned, in his capacity as a director or
officer, or both, of Schlumberger Limited, a Curacao
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 undersigned's name and on the undersigned's 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 undersigned's 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 undersigned's 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.

May 15, 2016				/s/ Amerino Gatti
					Amerino Gatti