Shell held a field visit for Socially Responsible Investors in Houston and in the Haynesville gas field, Louisiana, at which Russ Ford, EVP onshore gas, John Hollowell, EVP deepwater and Paul Goodfellow, VP production onshore gas all presented. The focus of the presentations and visit was to illustrate Shell’s tight gas operations in the context of sustainable development and our commitment to responsible deepwater operations.

1. ROYAL DUTCH SHELL PLC
INVESTING FOR SUSTAINABLE GROWTH
HOUSTON/SHREVEPORT
November 2011
PAUL GOODFELLOW
VICE PRESIDENT DEVELOPMENT
ONSHORE GAS
1 Copyright of Royal Dutch Shell plc 29 November 2011

2. DEFINITIONS AND CAUTIONARY NOTE
Resources: Our use of the term “resources” in this presentation includes quantities of oil and gas not yet classified as SEC proved oil and gas. Resources are consistent with the
Society of Petroleum Engineers 2P and 2C definitions.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this presentation “Shell”, “Shell group” and “Royal Dutch Shell”
are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used
to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or
companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this presentation refer to companies in which Royal Dutch Shell either directly or indirectly
has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control
are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this presentation,
associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or
indirect (for example, through our 24% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all
third-party interest.
This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than
statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on
management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ
materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal
Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements
are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, “scheduled”, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’,
‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future
operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this presentation, including
(without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results;
(e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential
acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to
international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market
conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or
advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in
this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on
forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s Annual Presentation / Form 20-F for the year ended December
31, 2010 (available at www.shell.com/investor and www.sec.gov ). These factors also should be considered by the reader. Each forward-looking statement speaks only as of
the date of this presentation, 29 November 2011. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-
looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred
from the forward-looking statements contained in this presentation.
We may have used certain terms in this presentation that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC,
such as resources and oil in place. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.
You can also obtain these forms from the SEC by calling 1-800-SEC-0330.
2 Copyright of Royal Dutch Shell plc 29 November 2011

3. HAYNESVILLE – SHELL ACREAGE
AREA OF MUTUAL INTEREST (AMI) IN LOUISIANA
Tour
AMI 50/50 with
Encana
Bienville
Formed 2008
Red
DeSoto River
Sabine
New Orleans
AMI ACREAGE POSITION >350,000 AC (~1300 SQ KM )
>350 WELLS DRILLED TO DATE
3 Copyright of Royal Dutch Shell plc 29 November 2011

4. HAYNESVILLE DEVELOPMENT
PHASED DEVELOPMENT
Shell development began in the north of
the AMI
Define
Shell and industry development has
migrated south over time
Execute/Operate
Select
Reservoir depth, temperature, and
pressure increase from north to south,
Assess increasing development difficulty
Mitigation: improvements in technology
and drill/completion techniques
Identify
Majority of play is yet to be developed
MULTIPLE WELLS FROM SINGLE PAD
4 Copyright of Royal Dutch Shell plc 29 November 2011

5. HAYNESVILLE – TYPICAL WELL
WELL TRAJECTORY – LEASE DRIVEN WELL PERFORMANCE
Mmscf/d
Decline Curve
Initial Rate: 15 mmcf/d
30 Rate at 90 days: 9 mmcf/d
20
Approx 10 Rate at 1 yr: 3 mmcf/d
12,000 ft
TVD Lease
Line
4,600 ft
1
330 ft
5,280 ft
TYPICAL COMPLETIONS SETUP Years 1 2 3 4 5
4600+ ft. lateral length
17 stages per well, Slickwater frac system
Typical job: 7 mln lbs sand proppant, 200k bbls
fluid
Applied technology
Hydraulic fracture simulation, microseismic
Proppant distribution modeling Haynesville fraccing spread
5 Copyright of Royal Dutch Shell plc 29 November 2011

6. HAYNESVILLE -PERFORMANCE
PRODUCTION
Mmscf/d
1400
1200
TOTAL GROSS
1000
SHELL NET
800
600
400
200
0
Jan Jul Jan Jul Jan Jul Jan Jul
2008 2009 2010 2011
Haynesville Drilling Rig DRILLING COST REDUCTIONS
Well Drilling Cost ($millions)
Drilling costs lowered by ~50% 12
Underbalanced and Hard Rock Drilling
Pad drilling in 2011 + 20% longer laterals
Drill days reduced from 98 days to 40 days
6
Completion costs lowered by ~45%:
Improved EURs; larger fracs, optimization
Improved efficiency
0
Cycle time reduced ~60%
MULTIPLE WELLS FROM SINGLE PAD 2008 2009 2010 YTD 2011
6 Copyright of Royal Dutch Shell plc 29 November 2011

7. HAYNESVILLE - SAFETY
SAFETY PERFORMANCE
Total recordable case frequency # Drilling Rigs operated
12 12 Days Since Last
Rigs TRCF Group
Recordable
10 10
8 8 Producing Operations 1488*
6 6 Drilling Rig 1 703*
4 4 Drilling Rig 2 669
2 2
Drilling Rig 3 587
0 0
Jan May Sep Jan May Sep Jan May Sep Drilling Rig 4 532
2009 2010 2011
Drilling Rig 5 360
Drilling Rig 6 233
Producing Operations: no recordables Drilling Rig 7 209
since field startup, October 2007
Drilling Rig 8 130
Drilling Rig 9 111
Completions 94
*No recordables since startup
Data as of 11/18/11
7 Copyright of Royal Dutch Shell plc 29 November 2011

8. HAYNESVILLE – STAKEHOLDER MANAGEMENT
NON TECHNICAL RISKS COMMUNITY INVOLVEMENT
Haynesville operating environment Community initiatives
Road Transport Highly engaged in local community
Noise abatement Energy Camp Louisiana – Co-founding Sponsor
Water Haynesville Expo
Severance/Property taxes Local Chambers of Commerce
In the background Louisiana Oil and Gas Association (LOGA)
C02 Active, regular involvement with state and local
legislators and regulators
Fraccing
8 Copyright of Royal Dutch Shell plc 29 November 2011

9. SHELL & TIGHT GAS:
5 CORE PRINCIPLES
Safety & Well Footprint
Shell works to reduce its
Integrity
operational footprint.
Shell designs, constructs and
operates wells and facilities in a
safe and responsible way.
Water Community
Shell conducts its operations to Shell engages with local
protect groundwater and reduce communities regarding socio-
water use as reasonably economic impacts that may arise
practicable. from our operations.
Air
Shell conducts its operations in
order to protect air quality and
control its fugitive emissions.
9 Copyright of Royal Dutch Shell plc 29 November 2011

10. WATER AND FLUIDS MANAGEMENT
TYPICAL OPERATION: SIGNIFICANT TRUCKING USE PINEDALE: LIQUIDS GATHERING SYSTEM (LGS)
Condensate Sales Prod. Water Disp.
Frac. Water Supply
HAYNESVILLE AREA: REDUCED TRUCKING USE
No condensate
Condensate Sales Prod. Water Disp.
production
90-miles of LGS for condensate and water.
Temporary Supply piping
Frac. Water surface Condensate exported via pipeline. Increased yield &
for frac water supply price.
Excess water injected in disposal wells via pipeline.
• Truck produced water only LGS provides water re-use distribution piping for frac
• Maintain program near-term per ALARP jobs.
study outcome LGS recovers flared tank gas for increased gas sales.
Rollover, 2007
10 Copyright of Royal Dutch Shell plc 29 November 2011

11. PAD DRILLING: REDUCING SURFACE FOOTPRINT
PINEDALE: SHELL OPERATED JONAH: COMPETITOR
Up to 4 pads each pad having up to 32 wells Up to 64 pads with each pad having a single well
SQUARE MILE OVERVIEW SQUARE MILE OVERVIEW
Adjacent gas fields, different development impacts
Shell setting new standards for surface footprint reduction
11 Copyright of Royal Dutch Shell plc 29 November 2011

12. FRACCING CHEMICAL DISCLOSURE
FRAC FOCUS (www.fracfocus.org)
All Shell wells in the US report chemical use Shell discloses all chemicals used in fraccing to
during Fraccing on the Fracfocus website the extent allowed by our suppliers.
2 month lag time Shell supports legislation requiring suppliers of
chemicals to disclose this information
12 Copyright of Royal Dutch Shell plc 29 November 2011

13. ROYAL DUTCH SHELL PLC
Q&A
HOUSTON/SHREVEPORT
NOVEMBER 2011
13 Copyright of Royal Dutch Shell plc 29 November 2011