SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

LUBAR SHELDON B

(Last)

(First)

(Middle)

700 NORTH WATER ST., #1200

(Street)

MILWAUKEE

53202

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
WEATHERFORD INTERNATIONAL LTD [ WFT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/10/2005

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares, $1.00 par value	02/10/2005		M		10,000	A	$5.767	18,806	D
Common Shares, $1.00 par value	02/10/2005		M		10,000	A	$9.372	28,806	D
Common Shares, $1.00 par value	02/10/2005		M		10,000	A	$20.626	38,806	D
Common Shares, $1.00 par value								1,224,571⁽¹⁾	I	By limited partnership⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$5.767	02/10/2005		M			10,000	06/30/1996	06/29/2005	Common Shares	10,000	⁽³⁾	0	D
Stock Option (Right to Buy)	$9.372	02/10/2005		M			10,000	05/08/1997	05/07/2006	Common Shares	10,000	⁽³⁾	0	D
Stock Option (Right to Buy)	$20.626	02/10/2005		M			10,000	05/06/1998	05/05/2007	Common Shares	10,000	⁽³⁾	0	D
Stock Option (Right to Buy)	$11.615							09/08/2001	09/07/2011	Common Shares	93,632		93,632	D
Stock Option (Right to Buy)	$36.75							07/05/2003	07/04/2013	Common Shares	60,000		60,000	D
Stock Option (Right to Buy)	$23.77							09/26/2005	09/25/2015	Common Shares	60,000		60,000	D

Explanation of Responses:

1. This amendment is filed to correct an error in the number of shares reported in the original filing .

2. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. This report shall not be deemed to be an admission that the Reporting Person is the benenficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 or any other purpose.

3. Transaction is an option exercise and therefore has no price.

Remarks:

	Burt M. Martin, by power of attorney	04/07/2005
	** 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 4 (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).
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