November 28, 2018 - 8:30 AM EST
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Shell Midstream Partners, L.P. Announces Amberjack Transports First Oil from Chevron Operated Big Foot Project

Houston, Nov. 28, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”), a growth-oriented midstream master limited partnership formed by Royal Dutch Shell plc (“RDS”), today announced Amberjack Pipeline Company LLC (“Amberjack”), a joint venture between Shell Midstream Partners and Chevron Pipe Line Company, received the first crude oil barrels of throughput from Chevron U.S.A., Inc.’s operated Big Foot platform on November 21, 2018.

“The Gulf of Mexico is a key component of our diverse portfolio as we continue to see growth in production demonstrated by the Chevron operated Big Foot project. Amberjack is strategically located and provides exceptional connectivity offering transportation options along the Texas and Louisiana Gulf Coast,” said Kevin Nichols, CEO of Shell Midstream Partners GP LLC.  “We anticipate on-going organic growth on Amberjack in the next year from continued in-field development.”

The Big Foot field was first discovered in 2006 by Chevron and is estimated to contain total recoverable resources of more than 200 million oil-equivalent barrels and has a projected production life of 35 years. The Big Foot platform is designed for a capacity of 75,000 barrels of oil per day. 

Shell Midstream Partners acquired 75% of the issued and outstanding Amberjack Series A membership interests and 50% of the issued and outstanding Amberjack Series B membership interests in May 2018, which was the Partnership’s largest acquisition to date. The system has delivered organic growth of 16% since being acquired by the Partnership.

ABOUT SHELL MIDSTREAM PARTNERS, L.P. 
Shell Midstream Partners, L.P., headquartered in Houston, Texas, is a fee-based, growth-oriented midstream master limited partnership formed by Royal Dutch Shell plc to own, operate, develop and acquire pipelines and other midstream assets. Shell Midstream Partner, L.P.’s assets include interests in entities that own crude oil and refined products pipelines and terminals that serve as key infrastructure to (i) transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and (ii) deliver refined products from those markets to major demand centers. Our assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.

For more information on Shell Midstream Partners and the assets owned by the partnership, please visit www.shellmidstreampartners.com.


Inquiries:


Shell Media Relations
Americas: +1 832 337 4355

Shell Investor Relations
North America: +1 832 337 2034


Source: GlobeNewswire (November 28, 2018 - 8:30 AM EST)

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