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Schlumberger Declares Quarterly Dividend

Houston, October 18, 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 January 11, 2013 to stockholders of record at the close of business on December 3, 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 more than 115,000 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 $36.96 billion in 2011. For more information, visit www.slb.com.

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For further information, contact:

Malcolm Theobald
Vice President of Investor Relations
Tel:+1 713 375 3535
or
Joy V. Domingo
Manager of Investor Relations
Tel:+1 713 375 3535