SHELL MIDSTREAM PARTNERS, L.P. (SHLX) BARCLAYS CEO ENERGY CONFERENCE September 8, 2015 Shell Midstream Partners
ROYAL DUTCH SHELL AT A GLANCE Shell Midstream Partners Super Major Sponsor with global asset base Sponsor is key differentiating factor among MLP peers Fully integrated company Operating in 70+ countries, interest in 24…
SIGNIFICANT OPPORTUNITY ACROSS SHELL VALUE CHAIN Shell Midstream Partners Exploration Development & Extraction Manufacturing & Energy Production Transport & Trading REFINING OIL INTO FUELS AND LUBRICANTS DEVELOPING PRODUCING…
MLP ATTRACTIVE VEHICLE TO DELIVER ON PRIORITIES Shell Midstream Partners RDS Priorities MLP Benefits Competitive Financial Cash Monetization of Performance Controlled Assets Capital Efficiency Value Transparency Access To…
STRATEGY AND PERFORMANCE Shell Midstream Partners PREDICTABLE, STABLE, FEE-BASED CASH FLOW LONG-TERM CONTRACTS TOP TIER DISTRIBUTION GROWTH DROP DOWNS, ORGANIC GROWTH, BOLT-ON M&A Copyright of Shell Midstream Partners, L.P.…
SHELL PIPELINE COMPANY IS A WORLD CLASS OPERATOR Shell Midstream Partners AWARDS SPLC is highly regarded in industry organizations SPLC currently chairs several Norman Mineta Safety Award (2011) API subcommittees and…
CURRENT PORTFOLIO OF ASSETS Shell Midstream Partners Diverse portfolio onshore, offshore, operated, non- operated, wholly owned, joint venture Integrated asset base Operational excellence Robust transportation volumes,…
SHELL PIPELINE COMPANY FOOTPRINT OF OFFSHORE ASSETS Shell Midstream Partners Expansive and advantaged footprint of assets in the Gulf of Mexico serving the Deep Water 16 Offshore pipelines with 1,800 miles of pipe built in…
SIGNFICANT INVENTORY OF ASSETS REMAIN OUTSIDE OF MLP Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 1 0
SANCTIONED PROJECTS IN THE GULF OF MEXICO ACROSS INDUSTRY Six sanctioned projects currently in the Gulf of Mexico: Appomattox (Shell) Stones (Shell) Stampede (Hess) Heidelberg (Anadarko) Coelacanth (Walter) Big Foot (Chevron)…
CRUDE AND REFINED PRODUCT ONSHORE ASSETS Shell Midstream Partners Zydeco Pipeline Bengal Pipeline Colonial Pipeline Copyright of Shell Midstream Partners, L.P. Date, Year 1 3
FUTURE GROWTH OPPORTUNITIES ACROSS SHELL Shell Midstream Partners Deep-water Heavy Oil Resources Plays Integrated Gas Oil Products Copyright of Shell Midstream Partners, L.P. 8 September, 2015 14
QUESTION & ANSWERS Shell Midstream Partners Copyright of Shell Midstream Partners, L.P. Date, Year 15