Chevron
North America Crude Oil Marketing - March 1999 Summary East of the Rockies Bulletins 99-E34 to 99-E52, 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 RockiesE34
03/02
E35
03/03
E36
03/04
E37
03/05
E38
03/08
E39
03/09
E40
03/10
E41
03/11
E42
03/12
E43
03/17
Gvty
Adj*
Altamont Yellow Wax12.5013.0013.2513.2513.7513.7514.7514.2514.5015.00B
Deepwater Sour (Onshore) (30°)9.259.7510.2510.2510.5010.7511.7511.2511.5012.00F,G
East Texas11.5012.0012.2512.2512.7512.7513.7513.2513.5014.00FLAT
New Mexico Intermediate11.7512.2512.5012.5013.0013.0014.0013.5013.7514.25C
New Mexico Sour (34°)10.5011.0011.2511.2511.7511.7512.5012.0012.5013.00D
North Texas Sweet11.7512.2512.5012.5013.0013.0014.0013.5013.7514.25C
Oklahoma Sour10.5011.0011.2511.2511.7511.7512.5012.0012.5013.00B
Oklahoma Sweet11.7512.2512.5012.5013.0013.0014.0013.5013.7514.25A
South Louisiana Sour (Onshore)10.7511.0011.5011.2511.7512.0012.5012.2512.5013.00A
South Louisiana Sweet (Onshore)11.2511.5012.0011.7512.2512.2513.0012.7513.0013.75A
South Texas Light Sweet11.2511.7512.0012.0012.5012.5013.5013.0013.2513.75C
Southwest Wyoming Sweet13.2513.7514.0014.0014.5014.5015.5015.0015.2515.75E
Texas Gulf Coast (Onshore)11.5012.0012.2512.2512.7512.7513.7513.2513.5014.00C
Uinta Basin Black Wax9.009.509.759.7510.2510.2511.2510.7511.0011.50B
West Texas Intermediate11.7512.2512.5012.5013.0013.0014.0013.5013.7514.25C
West Texas Sour (34°)10.5011.0011.2511.2511.7511.7512.5012.0012.5013.00D
Western Colorado12.7513.2513.5013.5014.0014.0015.0014.5014.7515.25B
East of the RockiesE44
03/19
E45
03/22
E46
03/23
E47
03/24
E48
03/25
E49
03/26
E50
03/29
E51
03/30
E52
03/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax15.2515.5015.5015.2515.7516.2516.5016.7516.7514.7177
Deepwater Sour (Onshore) (30°)12.2512.7512.7512.5013.0013.2513.5014.0014.0011.7419
East Texas14.2514.5014.5014.2514.7515.2515.5015.7515.7513.7177
New Mexico Intermediate14.5014.7514.7514.5015.0015.5015.7516.0016.0013.9677
New Mexico Sour (34°)13.2513.5013.2513.2513.7514.2514.7514.7514.7512.7016
North Texas Sweet14.5014.7514.7514.5015.0015.5015.7516.0016.0013.9677
Oklahoma Sour13.2513.5013.2513.2513.7514.2514.7514.7514.7512.7016
Oklahoma Sweet14.5014.7514.7514.5015.0015.5015.7516.0016.0013.9677
South Louisiana Sour (Onshore)13.2513.7513.7513.5014.0014.2514.5015.0014.7512.7823
South Louisiana Sweet (Onshore)14.0014.2514.2514.2514.5015.0015.2515.7515.5013.3710
South Texas Light Sweet14.0014.2514.2514.0014.5015.0015.2515.5015.5013.4677
Southwest Wyoming Sweet16.0016.2516.2516.0016.5017.0017.2517.5017.5015.4677
Texas Gulf Coast (Onshore)14.2514.5014.5014.2514.7515.2515.5015.7515.7513.7177
Uinta Basin Black Wax11.7512.0012.0011.7512.2512.7513.0013.2513.2511.2177
West Texas Intermediate14.5014.7514.7514.5015.0015.5015.7516.0016.0013.9677
West Texas Sour (34°)13.2513.5013.2513.2513.7514.2514.7514.7514.7512.7016
Western Colorado15.5015.7515.7515.5016.0016.5016.7517.0017.0014.9677
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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