Chevron
North America Crude Oil Marketing - February 2001 Summary East of the Rockies Bulletins 01-E23 to 01-E41, 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 RockiesE23
02/01
E24
02/02
E25
02/05
E26
02/06
E27
02/07
E28
02/08
E29
02/09
E30
02/12
E31
02/13
E32
02/14
Gvty
Adj*
Altamont Yellow Wax29.8231.1930.5530.3531.2731.5931.0330.5130.3629.71B
Bonito Sour (Onshore)26.7528.2527.5027.2527.7528.0027.2525.7525.7525.75A
Deepwater Sour (Onshore) (30°)21.7523.2522.2522.2523.0023.2522.5021.5021.7522.00F,G
East Texas30.7932.1631.5231.3232.2432.5632.0031.4831.3330.68none
Eugene Island Sour (Onshore)25.7527.2526.5026.2526.7527.0026.2524.7524.7524.75A
Heavy Louisiana Sweet (Onshore)28.5030.0029.5029.0029.7530.0029.2528.5028.2527.75A
Light Louisiana Sweet (Onshore)29.5030.7530.0029.7530.7530.7530.2529.2529.2528.75A
New Mexico Intermediate31.0232.3931.7531.5532.4732.7932.2331.7131.5630.91none
New Mexico Sour (34°)27.8129.1828.5428.3429.2629.5829.0228.5028.3527.70none
North Texas Sweet30.5531.9231.2831.0832.0032.3231.7631.2431.0930.44none
Oklahoma Sour27.8129.1828.5428.3429.2629.5829.0228.5028.3527.70none
Oklahoma Sweet31.2832.6532.0131.8132.7333.0532.4931.9731.8231.17none
South Texas Light Sweet29.6931.0630.4230.2231.1431.4630.9030.3830.2329.58none
Southwest Wyoming Sweet30.6231.9931.3531.1532.0732.3931.8331.3131.1630.51E
Uinta Basin Black Wax26.5727.9427.3027.1028.0228.3427.7827.2627.1126.46B
West Texas Intermediate30.4531.8231.1830.9831.9032.2231.6631.1430.9930.34none
West Texas Sour (34°)27.2528.6227.9827.7828.7029.0228.4627.9427.7927.14none
Western Colorado30.6131.9831.3431.1432.0632.3831.8231.3031.1530.50B
East of the RockiesE33
02/15
E34
02/16
E35
02/20
E36
02/21
E37
02/22
E38
02/23
E39
02/26
E40
02/27
E41
02/28
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax28.8029.1628.5828.5328.8229.0428.4228.1327.3929.7589
Bonito Sour (Onshore)25.2526.0025.5026.0026.7527.0026.2525.7525.2526.6696
Deepwater Sour (Onshore) (30°)21.2521.7521.5021.5021.7522.0021.2521.0020.2522.0179
East Texas29.7730.1329.5529.5029.7930.0129.3929.1028.3630.7289
Eugene Island Sour (Onshore)24.0025.0024.5024.7525.0025.2525.2524.7524.2525.5446
Heavy Louisiana Sweet (Onshore)27.7528.0027.2527.5027.5027.5027.5027.0026.2528.3661
Light Louisiana Sweet (Onshore)27.7528.2527.7527.7528.0028.0027.5027.2526.5028.9464
New Mexico Intermediate30.0030.3629.7829.7330.0230.2429.6229.3328.5930.9589
New Mexico Sour (34°)26.7927.1526.5726.5226.8127.0326.4126.1225.3827.7489
North Texas Sweet29.5329.8929.3129.2629.5529.7729.1528.8628.1230.4889
Oklahoma Sour26.7927.1526.5726.5226.8127.0326.4126.1225.3827.7489
Oklahoma Sweet30.2630.6230.0429.9930.2830.5029.8829.5928.8531.2189
South Texas Light Sweet28.6729.0328.4528.4028.6928.9128.2928.0027.2629.6289
Southwest Wyoming Sweet29.6029.9629.3829.3329.6229.8429.2228.9328.1930.5589
Uinta Basin Black Wax25.5525.9125.3325.2825.5725.7925.1724.8824.1426.5089
West Texas Intermediate29.4329.7929.2129.1629.4529.6729.0528.7628.0230.3889
West Texas Sour (34°)26.2326.5926.0125.9626.2526.4725.8525.5624.8227.1889
Western Colorado29.5929.9529.3729.3229.6129.8329.2128.9228.1830.5489
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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