Chevron
North America Crude Oil Marketing - October 1999 Summary East of the Rockies Bulletins 99-E172 to 99-E190, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 a.m. on the date(s) indicated, and subject to change without notice and subject to the terms and conditions of its division orders or other contracts, Chevron will pay the following prices ($/bbl) for oil at 40.0° API and above, except as noted below, delivered into pipelines for its account into the custody of its authorized carrier or receiving agent. The posted prices for crude oil transported by truck or barge will be the following prices less appropriate trucking or barge cost. The posted prices for crude oil received off shore will be the following prices less appropriate transportation and quality costs to get the crude on shore. Regarding technical issues of Chevron's most recent posted prices, call Christine Mathwig 832-854-5159.

* Prices are subject to a Gravity Adjustment Scale
East of the RockiesE172
10/04
E173
10/05
E174
10/06
E175
10/07
E176
10/08
E177
10/11
E178
10/12
E179
10/13
E180
10/14
E181
10/15
Gvty
Adj*
Altamont Yellow Wax23.7523.5023.2522.5021.0021.2522.2523.0022.5022.75B
Deepwater Sour (Onshore) (30°)20.7520.5020.2519.5018.0018.2519.2520.0019.5020.00F,G
East Texas22.7522.5022.2521.5020.0020.2521.2522.0021.5021.75FLAT
New Mexico Intermediate23.0022.7522.5021.7520.2520.5021.5022.2521.7522.00C
New Mexico Sour (34°)21.7521.5021.2520.5019.0019.2520.2521.0020.5020.75D
North Texas Sweet23.0022.7522.5021.7520.2520.5021.5022.2521.7522.00C
Oklahoma Sour21.7521.5021.2520.5019.0019.2520.2521.0020.5020.75B
Oklahoma Sweet23.0022.7522.5021.7520.2520.5021.5022.2521.7522.00A
South Louisiana Sour (Onshore)22.5022.2522.0021.0019.5019.7520.7521.7521.0021.50A
South Louisiana Sweet (Onshore)23.0022.7522.5021.5020.0020.5021.5022.5021.7522.00A
South Texas Light Sweet22.5022.2522.0021.2519.7520.0021.0021.7521.2521.50C
Southwest Wyoming Sweet24.5024.2524.0023.2521.7522.0023.0023.7523.2523.50E
Texas Gulf Coast (Onshore)22.7522.5022.2521.5020.0020.2521.2522.0021.5021.75C
Uinta Basin Black Wax20.5020.2520.0019.2517.7518.0019.0019.7519.2519.50B
West Texas Intermediate23.0022.7522.5021.7520.2520.5021.5022.2521.7522.00C
West Texas Sour (34°)21.7521.5021.2520.5019.0019.2520.2521.0020.5020.75D
Western Colorado24.0023.7523.5022.7521.2521.5022.5023.2522.7523.00B
East of the RockiesE182
10/18
E183
10/19
E184
10/20
E185
10/21
E186
10/22
E187
10/25
E188
10/26
E189
10/27
E190
10/28
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax22.5022.2522.2522.5023.5023.2523.2523.0021.7522.6855
Deepwater Sour (Onshore) (30°)19.7519.2519.2519.7520.5020.5020.2520.0018.7519.7339
East Texas21.5021.2521.2521.5022.5022.2522.2522.0020.7521.6855
New Mexico Intermediate21.7521.5021.5021.7522.7522.5022.5022.2521.0021.9355
New Mexico Sour (34°)20.5020.2520.2520.7521.7521.5021.2521.0019.7520.7258
North Texas Sweet21.7521.5021.5021.7522.7522.5022.5022.2521.0021.9355
Oklahoma Sour20.5020.2520.2520.7521.7521.5021.2521.0019.7520.7258
Oklahoma Sweet21.7521.5021.5021.7522.7522.5022.5022.2521.0021.9355
South Louisiana Sour (Onshore)21.0021.0020.7521.2522.0022.0022.0021.7520.5021.3387
South Louisiana Sweet (Onshore)21.7521.5021.5022.0022.7522.7522.7522.5021.2521.9758
South Texas Light Sweet21.2521.0021.0021.2522.2522.0022.0021.7520.5021.4355
Southwest Wyoming Sweet23.2523.0023.0023.2524.2524.0024.0023.7522.5023.4355
Texas Gulf Coast (Onshore)21.5021.2521.2521.5022.5022.2522.2522.0020.7521.6855
Uinta Basin Black Wax19.2519.0019.0019.2520.2520.0020.0019.7518.5019.4355
West Texas Intermediate21.7521.5021.5021.7522.7522.5022.5022.2521.0021.9355
West Texas Sour (34°)20.5020.2520.2520.7521.7521.5021.2521.0019.7520.7258
Western Colorado22.7522.5022.5022.7523.7523.5023.5023.2522.0022.9355
Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with provisions of API Standard 1101 or from 100% tank tables with corrections of volume and gravity for temperature to 60°F in accordance with ASTM D-1250 and supplements thereto, if any, and with deductions for full sediment, water and other impurities. Only merchantable oil acceptable to the receiving agency designated by Chevron and containing not more than 1% sediment and water will be accepted.

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