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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Rowe Robert Scott 2. Date of Event Requiring Statement (Month/Day/Year) 04/05/2016 3. Issuer Name and Ticker or Trading Symbol SCHLUMBERGER LTD /NV/ [SLB] (Last) (First) (Middle) 5599 SAN FELIPE - 17TH FLOOR 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President, Cameron Group 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) HOUSTON, TX 77056 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) 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 29,308 D   Common Stock, $0.01 Par Value Per Share 7,587.45 I by Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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)	11/06/2012	11/06/2016	Common Stock, $0.01 Par Value Per Share	2,329	$ 42.92	D	Â
Incentive Stock Option (Right to Buy)	10/20/2013	10/20/2017	Common Stock, $0.01 Par Value Per Share	2,134	$ 46.83	D	Â
Incentive Stock Option (Right to Buy)	11/16/2014	11/16/2021	Common Stock, $0.01 Par Value Per Share	1,783	$ 56.05	D	Â
Incentive Stock Option (Right to Buy)	10/18/2015	10/18/2022	Common Stock, $0.01 Par Value Per Share	1,631	$ 61.31	D	Â
Incentive Stock Option (Right to Buy)	10/17/2016	10/17/2023	Common Stock, $0.01 Par Value Per Share	1,151	$ 71.06	D	Â
Incentive Stock Option (Right to Buy)	10/17/2016	10/17/2023	Common Stock, $0.01 Par Value Per Share	256	$ 71.06	D	Â
Incentive Stock Option (Right to Buy)	10/16/2017	10/16/2024	Common Stock, $0.01 Par Value Per Share	772	$ 62.97	D	Â
Incentive Stock Option (Right to Buy)	10/16/2017	10/16/2024	Common Stock, $0.01 Par Value Per Share	816	$ 62.97	D	Â
Incentive Stock Option (Right to Buy)	10/14/2018	10/14/2025	Common Stock, $0.01 Par Value Per Share	214	$ 72.16	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	  (1)	10/17/2023	Common Stock, $0.01 Par Value Per Share	23,401	$ 71.06	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	  (2)	10/16/2024	Common Stock, $0.01 Par Value Per Share	30,778	$ 62.97	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	  (3)	10/16/2024	Common Stock, $0.01 Par Value Per Share	30,644	$ 62.97	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	  (4)	10/14/2025	Common Stock, $0.01 Par Value Per Share	107,556	$ 72.16	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	11/16/2014	11/16/2021	Common Stock, $0.01 Par Value Per Share	17,171	$ 56.05	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	10/18/2015	10/18/2022	Common Stock, $0.01 Par Value Per Share	21,692	$ 61.31	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	10/14/2016	10/14/2025	Common Stock, $0.01 Par Value Per Share	19,957	$ 72.16	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	10/17/2016	10/17/2023	Common Stock, $0.01 Par Value Per Share	4,557	$ 71.06	D	Â
Nq Stock Option (Right to Buy) W/ Tandem Tax W/h Right	10/14/2018	10/14/2025	Common Stock, $0.01 Par Value Per Share	1,171	$ 72.16	D	Â
Rsu (restricted Stock Unit)	  (5)	  (5)	Common Stock, $0.01 Par Value Per Share	17,148	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (7)	  (7)	Common Stock, $0.01 Par Value Per Share	4,636	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (8)	  (8)	Common Stock, $0.01 Par Value Per Share	7,914	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (9)	  (9)	Common Stock, $0.01 Par Value Per Share	616	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (10)	  (10)	Common Stock, $0.01 Par Value Per Share	6,161	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (11)	  (11)	Common Stock, $0.01 Par Value Per Share	1,219	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (12)	  (12)	Common Stock, $0.01 Par Value Per Share	10,214	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (13)	  (13)	Common Stock, $0.01 Par Value Per Share	658	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (14)	  (14)	Common Stock, $0.01 Par Value Per Share	55,756	$ 0 (6)	D	Â
Rsu (restricted Stock Unit)	  (15)	  (15)	Common Stock, $0.01 Par Value Per Share	4,337	$ 0 (6)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Rowe Robert Scott 5599 SAN FELIPE - 17TH FLOOR HOUSTON, TX 77056	Â	Â	  President, Cameron Group	Â

Signatures

/s/Lynda Quagliara Attorney-in-Fact for Robert Scott Rowe		04/13/2016
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	This option becomes exercisable as follows: 9,789 on 10/17/2014; 9,788 on 10/17/2015 and 3,824 on 10/17/2016.
(2)	This option becomes exercisable as follows: 11,363 on 10/16/2016 and 19,415 on 10/16/2017.
(3)	This option becomes exercisable as follows: 21,004 on 10/16/2015 and 9,640 on 10/16/2016.
(4)	This option becomes exercisable as follows: 23,010 on 10/14/2016; 42,966 on 10/14/2017 and 41,580 on 10/14/2018.
(5)	The restricted stock unit award was granted January 1, 2015 and vests 100% on December 31, 2017.
(6)	Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
(7)	The restricted stock unit award was granted October 16, 2014 and vests 43% on January 1, 2017 and 57% on January 1, 2018.
(8)	The restricted stock unit award was granted January 1, 2014 and vests 100% on December 31, 2016.
(9)	The restricted stock unit award was granted October 5, 2015 and vests 100% on January 1, 2017.
(10)	The restricted stock unit award was granted October 5, 2015 and vests 100% on December 31, 2017.
(11)	The restricted stock unit award was granted October 17, 2013 and vests 100% on January 1, 2017.
(12)	The restricted stock unit award was granted October 14, 2015 and vests 100% on October 14, 2016.
(13)	The restricted stock unit award was granted October 16, 2014 and vests 100% on January 1, 2017.
(14)	The restricted stock unit award was granted October 14, 2015 and vests 20% on October 14, 2016; 40% on October 14, 2017 and 40% on October 14, 2018.
(15)	The restricted stock unit award was granted October 5, 2015 and vests 43% on January 1, 2017 and 57% on January 1, 2018.

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