<ARTICLE> 5 <CIK> 0000089629 <NAME> SHELL OIL COMPANY <MULTIPLIER> 1,000,000 <PERIOD-END> DEC-31-1994 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1994 <CASH> 617 <SECURITIES> 0 <RECEIVABLES> 1,999 <ALLOWANCES> 23 <INVENTORY> 793 <CURRENT-ASSETS> 4,384 <PP&E> 37,910 <DEPRECIATION> 18,826 <TOTAL-ASSETS> 26,379 <CURRENT-LIABILITIES> 5,160 <BONDS> 1,546 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 13,733 <TOTAL-LIABILITY-AND-EQUITY> 26,379 <SALES> 21,236 <TOTAL-REVENUES> 21,581 <CGS> 16,694 <TOTAL-COSTS> 17,176 <OTHER-EXPENSES> 2,669 <LOSS-PROVISION> 23 <INTEREST-EXPENSE> 154 <INCOME-PRETAX> 287 <INCOME-TAX> (221) <INCOME-CONTINUING> 508 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 508 <EPS-PRIMARY> 0 <EPS-DILUTED> 0