Chevron
North America Crude Oil Marketing - July 1999 Summary East of the Rockies Bulletins 99-E112 to 99-E131, 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 RockiesE112
07/01
E113
07/02
E114
07/06
E115
07/08
E116
07/09
E117
07/12
E118
07/13
E119
07/14
E120
07/15
E121
07/16
E122
07/19
Gvty
Adj*
Altamont Yellow Wax19.5019.7519.7519.7520.0020.0020.2520.0020.2520.5020.50B
Deepwater Sour (Onshore) (30°)16.2516.5016.7516.7517.0016.7517.2517.0017.5018.0018.00F,G
East Texas18.5018.7518.7518.7519.0019.0019.2519.0019.2519.5019.50FLAT
New Mexico Intermediate18.7519.0019.0019.0019.2519.2519.5019.2519.5019.7519.75C
New Mexico Sour (34°)17.2517.5017.5017.5017.5017.7518.0017.7518.2518.5018.75D
North Texas Sweet18.7519.0019.0019.0019.2519.2519.5019.2519.5019.7519.75C
Oklahoma Sour17.2517.5017.5017.5017.5017.7518.0017.7518.2518.5018.75B
Oklahoma Sweet18.7519.0019.0019.0019.2519.2519.5019.2519.5019.7519.75A
South Louisiana Sour (Onshore)17.7518.0017.7518.0018.0018.0018.2518.5018.5019.0019.25A
South Louisiana Sweet (Onshore)18.2518.5018.5018.5018.7518.7519.0019.0019.2519.7519.75A
South Texas Light Sweet18.2518.5018.5018.5018.7518.7519.0018.7519.0019.2519.25C
Southwest Wyoming Sweet20.2520.5020.5020.5020.7520.7521.0020.7521.0021.2521.25E
Texas Gulf Coast (Onshore)18.5018.7518.7518.7519.0019.0019.2519.0019.2519.5019.50C
Uinta Basin Black Wax16.0016.2516.2516.2516.5016.5016.7516.5016.7517.0017.00B
West Texas Intermediate18.7519.0019.0019.0019.2519.2519.5019.2519.5019.7519.75C
West Texas Sour (34°)17.2517.5017.5017.5017.5017.7518.0017.7518.2518.5018.75D
Western Colorado19.7520.0020.0020.0020.2520.2520.5020.2520.5020.7520.75B
East of the RockiesE123
07/20
E124
07/21
E125
07/22
E126
07/23
E127
07/26
E128
07/27
E129
07/28
E130
07/29
E131
07/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax19.2519.7520.0020.7520.5020.5020.5021.0020.50 20.1613
Deepwater Sour (Onshore) (30°)16.7517.0017.2518.0017.7517.7518.0018.2518.00 17.3145
East Texas18.2518.7519.0019.7519.5019.5019.5020.0019.50 19.1613
New Mexico Intermediate18.5019.0019.2520.0019.7519.7519.7520.2519.75 19.4113
New Mexico Sour (34°)17.2518.0018.2519.0018.7518.7518.5019.0018.50 18.0887
North Texas Sweet18.5019.0019.2520.0019.7519.7519.7520.2519.75 19.4113
Oklahoma Sour17.2518.0018.2519.0018.7518.7518.5019.0018.50 18.0887
Oklahoma Sweet18.5019.0019.2520.0019.7519.7519.7520.2519.75 19.4113
South Louisiana Sour (Onshore)18.0018.2518.7519.2519.2519.0019.2519.7519.25 18.5565
South Louisiana Sweet (Onshore)18.5019.0019.2520.0020.0019.7519.7520.2519.75 19.1935
South Texas Light Sweet18.0018.5018.7519.5019.2519.2519.2519.7519.25 18.9113
Southwest Wyoming Sweet20.0020.5020.7521.5021.2521.2521.2521.7521.25 20.9113
Texas Gulf Coast (Onshore)18.2518.7519.0019.7519.5019.5019.5020.0019.50 19.1613
Uinta Basin Black Wax15.7516.2516.5017.2517.0017.0017.0017.5017.00 16.6613
West Texas Intermediate18.5019.0019.2520.0019.7519.7519.7520.2519.75 19.4113
West Texas Sour (34°)17.2518.0018.2519.0018.7518.7518.5019.0018.50 18.0887
Western Colorado19.5020.0020.2521.0020.7520.7520.7521.2520.75 20.4113
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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