Malikai, Shell’s second deep-water project in Malaysia, features the country’s first tension-leg platform and began production in December 2016. (photo)

Upstream

Picture description

Malikai, Shell’s second deep-water project in Malaysia, features the country’s first tension-leg platform and began production in December 2016.

Our Upstream business explores for and extracts crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas, and operates the infrastructure necessary to deliver them to market. We also extract bitumen from mined oil sands and convert it into synthetic crude oil.

Oil and gas rig (icon)Oil and gas rig (icon)

Conventional oil and gas
Cash engine

Deep-water drilling rig (icon)Deep-water drilling rig (icon)

Deep water
Growth priority

On-shore drilling rig (icon)On-shore drilling rig (icon)

Shales
Future opportunity

$7.7 billion

Cash flow from operating activities

8 Key projects

announced first production in 2016

2,784 KBOED

Oil and gas production

Inside Upstream

Upstream overview

Key milestones and metrics for Upstream.

Conventional oil & gas

Assets that produce oil and gas onshore, and in shallow and deep-water settings offshore.

Deep water

The Upstream growth priority for Shell. We have a range of advantaged deep-water positions.

Shales

Shell has substantial acreage positions in North America and Argentina.

Conventional exploration

Shell recorded four notable discoveries and two appraisal successes in 2016. We made 13 near-field discoveries.

Upstream regional overview

Our Upstream assets and activities around the world.

In Focus: Kaikias

Shell's production in deep-water is set to grow to more than 900 kboe/d by 2020. Kaikias shows how we can deliver value.

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