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CNNMoney.com: Shell, ExxonMobil Start Gas Output From GBP175 Million N Sea Invest

January 14, 2008: 07:03 AM EST

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSB.LN) said Monday it, along with Exxon Mobil Corp. (XOM), had started natural gas output from its U.K. North Sea Starling field.

The project represents a GBP175 million investment and gas is to be exported to the U.K. mainland.

Shell owns 28% in, and is operator of, the field, while ExxonMobil has 72% in the acreage.

Peak production is estimated at some 140 million standard cubic feet a day.

-By Benoit Faucon, Dow Jones Newswires; +44-20-7842-9266; [email protected] dowjones.com

  (END) Dow Jones Newswires
  01-14-08 0703ET
  Copyright (c) 2008 Dow Jones & Company, Inc.
 http://money.cnn.com/news/newsfeeds/articles/djf500/200801140703DOWJONESDJONLINE000208_FORTUNE5.htm

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