Chevron
North America Crude Oil Marketing - May 2000 Summary East of the Rockies Bulletins 00-E84 to 00-E105, 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 RockiesE84
05/01
E85
05/02
E86
05/03
E87
05/04
E88
05/05
E89
05/08
E90
05/09
E91
05/10
E92
05/11
E93
05/12
E94
05/15
E95
05/16
Gvty
Adj*
Altamont Yellow Wax25.8726.8926.7526.9827.2928.0928.6528.1029.1129.6229.9229.73B
Bonito Sour (Onshore)25.3826.4026.2626.4926.8027.6028.1627.6128.6229.1329.4329.24A
Deepwater Sour (Onshore) (30°)22.3223.3423.2023.4323.7424.5425.1024.5525.5626.0726.3726.18F,G
East Texas26.3827.4027.2627.4927.8028.6029.1628.6129.6230.1330.4330.24none
Light Louisiana Sweet (Onshore)26.1227.1427.0027.2327.5428.3428.9028.3529.3629.8730.1729.98A
New Mexico Intermediate25.7226.7426.6026.8327.1427.9428.5027.9528.9629.4729.7729.58none
New Mexico Sour (34°)24.3325.3525.2125.4425.7526.5527.1126.5627.5728.0828.3828.19none
North Texas Sweet26.0227.0426.9027.1327.4428.2428.8028.2529.2629.7730.0729.88none
Oklahoma Sour24.2525.2725.1325.3625.6726.4727.0326.4827.4928.0028.3028.11none
Oklahoma Sweet26.2727.2927.1527.3827.6928.4929.0528.5029.5130.0230.3230.13none
South Texas Light Sweet25.0326.0525.9126.1426.4527.2527.8127.2628.2728.7829.0828.89none
Southwest Wyoming Sweet26.6027.6227.4827.7128.0228.8229.3828.8329.8430.3530.6530.46E
Uinta Basin Black Wax22.6223.6423.5023.7324.0424.8425.4024.8525.8626.3726.6726.48B
West Texas Intermediate25.9026.9226.7827.0127.3228.1228.6828.1329.1429.6529.9529.76none
West Texas Sour (34°)24.2525.2725.1325.3625.6726.4727.0326.4827.4928.0028.3028.11none
Western Colorado26.5927.6127.4727.7028.0128.8129.3728.8229.8330.3430.6430.45B
East of the RockiesE96
05/17
E97
05/18
E98
05/19
E99
05/22
E100
05/23
E101
05/24
E102
05/25
E103
05/26
E104
05/30
E105
05/31
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax29.3230.3329.8928.6128.7829.9330.5130.0030.3529.01 28.9461
Bonito Sour (Onshore)28.8329.8429.4028.1228.2929.4430.0229.5129.8628.52 28.4561
Deepwater Sour (Onshore) (30°)25.7726.7826.3425.0625.2326.3826.9626.4526.8025.46 25.3961
East Texas29.8330.8430.4029.1229.2930.4431.0230.5130.8629.52 29.4561
Light Louisiana Sweet (Onshore)29.5730.5830.1428.8629.0330.1830.7630.2530.6029.26 29.1961
New Mexico Intermediate29.1730.1829.7428.4628.6329.7830.3629.8530.2028.86 28.7961
New Mexico Sour (34°)27.7828.7928.3527.0727.2428.3928.9728.4628.8127.47 27.4061
North Texas Sweet29.4730.4830.0428.7628.9330.0830.6630.1530.5029.16 29.0961
Oklahoma Sour27.7028.7128.2726.9927.1628.3128.8928.3828.7327.39 27.3261
Oklahoma Sweet29.7230.7330.2929.0129.1830.3330.9130.4030.7529.41 29.3461
South Texas Light Sweet28.4829.4929.0527.7727.9429.0929.6729.1629.5128.17 28.1061
Southwest Wyoming Sweet30.0531.0630.6229.3429.5130.6631.2430.7331.0829.74 29.6761
Uinta Basin Black Wax26.0727.0826.6425.3625.5326.6827.2626.7527.1025.76 25.6961
West Texas Intermediate29.3530.3629.9228.6428.8129.9630.5430.0330.3829.04 28.9761
West Texas Sour (34°)27.7028.7128.2726.9927.1628.3128.8928.3828.7327.39 27.3261
Western Colorado30.0431.0530.6129.3329.5030.6531.2330.7231.0729.73 29.6661
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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