Chevron
North America Crude Oil Marketing - November 2001 Summary East of the Rockies Bulletins 01-E212 to 01-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 RockiesE212
11/01
E213
11/02
E214
11/05
E215
11/06
E216
11/07
E217
11/08
E218
11/09
E219
11/12
E220
11/13
E221
11/14
E222
11/15
Gvty
Adj*
Altamont Yellow Wax20.6420.4320.2720.1720.3421.4222.4721.4821.9219.9917.70B
Bonito Sour (Onshore)18.2518.0017.7517.7518.0019.0020.0019.0019.5017.5015.25A
Deepwater Sour (Onshore) (30°)15.5015.2515.2515.0015.2516.2517.2516.2516.7514.7512.50F,G
East Texas19.5719.3619.2019.1019.2720.3521.4020.4120.8518.9216.63none
Eugene Island Sour (Onshore)18.0017.7517.7517.5017.7518.7519.7518.7519.2517.2515.00A
Heavy Louisiana Sweet (Onshore)19.7519.5019.2519.2519.2520.5021.5020.5021.0019.0016.75A
Light Louisiana Sweet (Onshore)19.7519.7519.5019.2519.5020.5021.7520.7521.0019.2517.00A
New Mexico Intermediate19.7719.5619.4019.3019.4720.5521.6020.6121.0519.1216.83none
New Mexico Sour (34°)18.0817.8717.7117.6117.7818.8619.9118.9219.3617.4315.14none
North Texas Sweet19.1918.9818.8218.7218.8919.9721.0220.0320.4718.5416.25none
Oklahoma Sour18.0817.8717.7117.6117.7818.8619.9118.9219.3617.4315.14none
Oklahoma Sweet20.0619.8519.6919.5919.7620.8421.8920.9021.3419.4117.12none
South Texas Light Sweet18.4418.2318.0717.9718.1419.2220.2719.2819.7217.7915.50none
Southwest Wyoming Sweet21.1920.9820.8220.7220.8921.9723.0222.0322.4720.5418.25E
Uinta Basin Black Wax17.1416.9316.7716.6716.8417.9218.9717.9818.4216.4914.20B
West Texas Intermediate19.2419.0318.8718.7718.9420.0221.0720.0820.5218.5916.30none
West Texas Sour (34°)17.6217.4117.2517.1517.3218.4019.4518.4618.9016.9714.68none
Western Colorado21.1820.9720.8120.7120.8821.9623.0122.0222.4620.5318.24B
East of the RockiesE223
11/16
E224
11/19
E225
11/20
E226
11/21
E227
11/26
E228
11/27
E229
11/28
E230
11/29
E231
11/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax18.2817.9719.4019.2118.9419.7319.4718.8719.69 19.9197
Bonito Sour (Onshore)15.7515.5017.0016.7516.5017.2517.0016.5017.25 17.4667
Deepwater Sour (Onshore) (30°)13.2512.7514.2514.0013.7514.5014.2513.7514.50 14.7500
East Texas17.2116.9018.3318.1417.8718.6618.4017.8018.62 18.8497
Eugene Island Sour (Onshore)15.7515.2516.7516.5016.2517.0016.7516.2517.00 17.2500
Heavy Louisiana Sweet (Onshore)17.2517.0018.5018.2518.0018.7518.5017.7518.75 18.9500
Light Louisiana Sweet (Onshore)17.5017.2518.5018.5018.2519.0018.7518.0019.00 19.1583
New Mexico Intermediate17.4117.1018.5318.3418.0718.8618.6018.0018.82 19.0497
New Mexico Sour (34°)15.7215.4116.8416.6516.3817.1716.9116.3117.13 17.3597
North Texas Sweet16.8316.5217.9517.7617.4918.2818.0217.4218.24 18.4697
Oklahoma Sour15.7215.4116.8416.6516.3817.1716.9116.3117.13 17.3597
Oklahoma Sweet17.7017.3918.8218.6318.3619.1518.8918.2919.11 19.3397
South Texas Light Sweet16.0815.7717.2017.0116.7417.5317.2716.6717.49 17.7197
Southwest Wyoming Sweet18.8318.5219.9519.7619.4920.2820.0219.4220.24 20.4697
Uinta Basin Black Wax14.7814.4715.9015.7115.4416.2315.9715.3716.19 16.4197
West Texas Intermediate16.8816.5718.0017.8117.5418.3318.0717.4718.29 18.5197
West Texas Sour (34°)15.2614.9516.3816.1915.9216.7116.4515.8516.67 16.8997
Western Colorado18.8218.5119.9419.7519.4820.2720.0119.4120.23 20.4597
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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