Chevron
North America Crude Oil Marketing - December 1999 Summary East of the Rockies Bulletins 99-E211 to 99-E231, 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 RockiesE211
12/01
E212
12/02
E213
12/03
E214
12/06
E215
12/07
E216
12/08
E217
12/09
E218
12/10
E219
12/13
E220
12/14
E221
12/15
Gvty
Adj*
Altamont Yellow Wax25.0025.7525.7526.7526.2526.5026.2525.2525.5025.7526.25B
Deepwater Sour (Onshore) (30°)22.7523.5023.5024.5023.7524.0023.5022.7522.7522.5022.75F,G
East Texas24.0024.7524.7525.7525.2525.5025.2524.2524.5024.7525.25FLAT
New Mexico Intermediate24.2525.0025.0026.0025.5025.7525.5024.5024.7525.0025.50C
New Mexico Sour (34°)23.0024.0024.0025.0024.2524.2524.2523.2523.5023.7524.25D
North Texas Sweet24.2525.0025.0026.0025.5025.7525.5024.5024.7525.0025.50C
Oklahoma Sour23.0024.0024.0025.0024.2524.2524.2523.2523.5023.7524.25B
Oklahoma Sweet24.2525.0025.0026.0025.5025.7525.5024.5024.7525.0025.50A
South Louisiana Sour (Onshore)24.2525.0025.2526.2525.5025.7525.2524.2524.2524.7525.25A
South Louisiana Sweet (Onshore)25.0025.7526.0026.7526.2526.5026.0025.0025.0025.5026.00A
South Texas Light Sweet23.7524.5024.5025.5025.0025.2525.0024.0024.2524.5025.00C
Southwest Wyoming Sweet25.7526.5026.5027.5027.0027.2527.0026.0026.2526.5027.00E
Texas Gulf Coast (Onshore)24.0024.7524.7525.7525.2525.5025.2524.2524.5024.7525.25C
Uinta Basin Black Wax21.7522.5022.5023.5023.0023.2523.0022.0022.2522.5023.00B
West Texas Intermediate24.2525.0025.0026.0025.5025.7525.5024.5024.7525.0025.50C
West Texas Sour (34°)23.0024.0024.0025.0024.2524.2524.2523.2523.5023.7524.25D
Western Colorado25.2526.0026.0027.0026.5026.7526.5025.5025.7526.0026.50B
East of the RockiesE222
12/16
E223
12/17
E224
12/20
E225
12/21
E226
12/22
E227
12/23
E228
12/27
E229
12/28
E230
12/29
E231
12/30
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax26.7526.7526.5026.2525.5025.7526.2526.7526.5025.5025.9919
Deepwater Sour (Onshore) (30°)23.2523.0022.7522.5021.7522.0023.0023.5022.7522.0022.8790
East Texas25.7525.7525.5025.2524.5024.7525.2525.7525.5024.5024.9919
New Mexico Intermediate26.0026.0025.7525.5024.7525.0025.5026.0025.7524.7525.2419
New Mexico Sour (34°)24.7524.7524.5024.2523.7524.0024.0024.5024.2523.2524.0242
North Texas Sweet26.0026.0025.7525.5024.7525.0025.5026.0025.7524.7525.2419
Oklahoma Sour24.7524.7524.5024.2523.7524.0024.0024.5024.2523.2524.0242
Oklahoma Sweet26.0026.0025.7525.5024.7525.0025.5026.0025.7524.7525.2419
South Louisiana Sour (Onshore)25.7525.7525.2525.0024.5024.7525.2525.5025.0024.2525.0242
South Louisiana Sweet (Onshore)26.5026.2526.0025.7525.2525.5026.0026.2525.7525.0025.7419
South Texas Light Sweet25.5025.5025.2525.0024.2524.5025.0025.5025.2524.2524.7419
Southwest Wyoming Sweet27.5027.5027.2527.0026.2526.5027.0027.5027.2526.2526.7419
Texas Gulf Coast (Onshore)25.7525.7525.5025.2524.5024.7525.2525.7525.5024.5024.9919
Uinta Basin Black Wax23.5023.5023.2523.0022.2522.5023.0023.5023.2522.2522.7419
West Texas Intermediate26.0026.0025.7525.5024.7525.0025.5026.0025.7524.7525.2419
West Texas Sour (34°)24.7524.7524.5024.2523.7524.0024.0024.5024.2523.2524.0242
Western Colorado27.0027.0026.7526.5025.7526.0026.5027.0026.7525.7526.2419
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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