<ARTICLE> 5 <RESTATED> <CIK> 0000089629 <NAME> SHELL OIL COMPANY <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 322 <SECURITIES> 0 <RECEIVABLES> 1,134 <ALLOWANCES> 2 <INVENTORY> 873 <CURRENT-ASSETS> 4,048 <PP&E> 24,179 <DEPRECIATION> 12,735 <TOTAL-ASSETS> 26,543 <CURRENT-LIABILITIES> 8,838 <BONDS> 490 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,386 <TOTAL-LIABILITY-AND-EQUITY> 26,543 <SALES> 16,227 <TOTAL-REVENUES> 15,451 <CGS> 13,390 <TOTAL-COSTS> 13,621 <OTHER-EXPENSES> 2,949 <LOSS-PROVISION> 2 <INTEREST-EXPENSE> 392 <INCOME-PRETAX> (2,514) <INCOME-TAX> (865) <INCOME-CONTINUING> (1,727) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,727) <EPS-PRIMARY> 0 <EPS-DILUTED> 0