Chevron
North America Crude Oil Marketing - September 1999 Summary East of the Rockies Bulletins 99-E152 to 99-E171, 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 RockiesE152
09/01
E153
09/02
E154
09/03
E155
09/07
E156
09/08
E157
09/09
E158
09/10
E159
09/13
E160
09/14
E161
09/15
E162
09/16
Gvty
Adj*
Altamont Yellow Wax22.0021.5022.0022.5022.7523.2523.5024.2523.7524.2524.50B
Deepwater Sour (Onshore) (30°)20.0019.5020.0020.7520.7521.2521.5022.2521.5021.7521.75F,G
East Texas21.0020.5021.0021.5021.7522.2522.5023.2522.7523.2523.50FLAT
New Mexico Intermediate21.2520.7521.2521.7522.0022.5022.7523.5023.0023.5023.75C
New Mexico Sour (34°)20.2519.7520.2520.7521.0021.5021.7522.5022.0022.5022.50D
North Texas Sweet21.2520.7521.2521.7522.0022.5022.7523.5023.0023.5023.75C
Oklahoma Sour20.2519.7520.2520.7521.0021.5021.7522.5022.0022.5022.50B
Oklahoma Sweet21.2520.7521.2521.7522.0022.5022.7523.5023.0023.5023.75A
South Louisiana Sour (Onshore)21.0020.5020.7521.2521.5022.0022.7523.2522.5023.0023.25A
South Louisiana Sweet (Onshore)21.5021.0021.5022.0022.2522.7523.2523.7523.2523.5023.75A
South Texas Light Sweet20.7520.2520.7521.2521.5022.0022.2523.0022.5023.0023.25C
Southwest Wyoming Sweet22.7522.2522.7523.2523.5024.0024.2525.0024.5025.0025.25E
Texas Gulf Coast (Onshore)21.0020.5021.0021.5021.7522.2522.5023.2522.7523.2523.50C
Uinta Basin Black Wax18.5018.2518.7519.2519.5020.0020.2521.0020.5021.0021.25B
West Texas Intermediate21.2520.7521.2521.7522.0022.5022.7523.5023.0023.5023.75C
West Texas Sour (34°)20.2519.7520.2520.7521.0021.5021.7522.5022.0022.5022.50D
Western Colorado22.2521.7522.2522.7523.0023.5023.7524.5024.0024.5024.75B
East of the RockiesE163
09/17
E164
09/20
E165
09/21
E166
09/22
E167
09/23
E168
09/27
E169
09/28
E170
09/29
E171
09/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax24.7524.2524.5024.0024.7524.5024.2524.7524.50 23.7083
Deepwater Sour (Onshore) (30°)21.5020.7521.0020.2521.0021.7521.5021.7521.50 21.0333
East Texas23.7523.2523.5023.0023.7523.5023.2523.7523.50 22.7083
New Mexico Intermediate24.0023.5023.7523.2524.0023.7523.5024.0023.75 22.9583
New Mexico Sour (34°)22.7522.2522.2521.5021.7522.5022.2522.7522.50 21.6750
North Texas Sweet24.0023.5023.7523.2524.0023.7523.5024.0023.75 22.9583
Oklahoma Sour22.7522.2522.2521.5021.7522.5022.2522.7522.50 21.6750
Oklahoma Sweet24.0023.5023.7523.2524.0023.7523.5024.0023.75 22.9583
South Louisiana Sour (Onshore)23.5022.7522.7521.7522.2523.0022.7523.2523.25 22.2833
South Louisiana Sweet (Onshore)23.7523.5023.2522.2523.0023.7523.5023.7523.75 22.8833
South Texas Light Sweet23.5023.0023.2522.7523.5023.2523.0023.5023.25 22.4583
Southwest Wyoming Sweet25.5025.0025.2524.7525.5025.2525.0025.5025.25 24.4583
Texas Gulf Coast (Onshore)23.7523.2523.5023.0023.7523.5023.2523.7523.50 22.7083
Uinta Basin Black Wax21.5021.0021.2520.7521.5021.2521.0021.5021.25 20.4500
West Texas Intermediate24.0023.5023.7523.2524.0023.7523.5024.0023.75 22.9583
West Texas Sour (34°)22.7522.2522.2521.5021.7522.5022.2522.7522.50 21.6750
Western Colorado25.0024.5024.7524.2525.0024.7524.5025.0024.75 23.9583
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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