Ownership Submission
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 *
  Fontana Peter Thomas
2. Date of Event Requiring Statement (Month/Day/Year)
07/21/2009
3. Issuer Name and Ticker or Trading Symbol
Weatherford International Ltd./Switzerland [WFT]
(Last)
(First)
(Middle)
515 POST OAK BLVD., STE. 600
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP Western Hemisphere
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77027
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)
Registered Shares 6,228
I
By 401(k)
Registered Shares 152,328 (1)
D
 

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
Phantom Share Units   (2)   (2) Registered Shares 5,478 $ (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fontana Peter Thomas
515 POST OAK BLVD., STE. 600
HOUSTON, TX 77027
      VP Western Hemisphere  

Signatures

Jospeh C. Henry, by Power of Attorney 07/21/2009
**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) Includes 101,500 restricted shares, which vest as follows: 14,000 shares vest on December 14, 2009, 15,000 shares vest on May 7, 2011, 15,000 shares vest on July 9, 2011, 10,000 shares vest on each of May 7, 2010 and 2012, and 37,500 shares vest when certain financial and operational goals are obtained. Until they vest, these shares are subject to risk of forfeiture.
(2) All phantom share units credited under the Company's Executive Deferred Compensation Stock Ownership Plan (the "Plan') with respect to deferrals by a participant are 100% vested at all times. All units credited under the Plan by the Company's 7.5% allocation and matching allocation vest at 20% per year for each year of service. Distributions under the Plan are made upon termination of employment, retirement or death of the participant.
(3) The phantom share units convert to registered shares on a one-for-one basis.

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