Shell's Mars Facility Back On Line, West Delta & Ursa to Follow

Shell operated GOM assets normally produce peak rates of about 500,000 barrels of oil equivalent per day (boe/d), Total Gross (TG). Until this week, most Shell operated production facilities in the GOM had been shut-in since Saturday, August 30th in preparation for Hurricane Gustav. Total Shell Net (SN) GOM peak production (the Company's interest in both Shell operated and non-operated production) normally runs in the 350,000 boe/day range.

Current Shell operated production is about 65,000 boe/d TG and current total Shell Net production is about 110,000 boe/d.

As of Wednesday, October 1st, the Shell operated Mars facility has come back on line. West Delta 143 (Mensa production) and Ursa will come back on line later this week. Mars, Ursa and West Delta 143 assets are coming back on line after the completion of hurricane related repairs and scheduled maintenance. Production ramp up to normal rates will vary for each facility over the course of several days. These three Shell operated production hubs normally produce about 300,000 boe/d, TG (150,000 boe/d SN).


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