Chevron
North America Crude Oil Marketing - April 2002 Summary East of the Rockies Bulletins 02-E61 to 02-E82, 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 RockiesE61
04/01
E62
04/02
E63
04/03
E64
04/04
E65
04/05
E66
04/08
E67
04/09
E68
04/10
E69
04/11
E70
04/12
E71
04/15
E72
04/16
Gvty
Adj*
Altamont Yellow Wax27.0827.9627.8126.8326.4626.7926.0726.3825.2423.7224.8225.00B
Bonito Sour (Onshore)26.0026.7526.7525.7525.2525.7525.0025.2524.0022.5023.7523.75A
Deepwater Sour (Onshore) (30°)24.2525.0025.0024.0023.5024.0023.2523.5022.2520.7522.0022.00F,G
East Texas26.0326.9126.7625.7825.4125.7425.0225.3324.1922.6723.7723.95none
Eugene Island Sour (Onshore)25.7526.7526.5025.5025.2525.5024.7525.0024.0022.5023.5023.75A
Heavy Louisiana Sweet (Onshore)26.5027.5027.2526.2526.0026.2525.5026.0024.7523.2524.2524.50A
Light Louisiana Sweet (Onshore)26.7527.5027.5026.5026.0026.2525.7526.0024.7523.2524.5024.50A
New Mexico Intermediate26.3027.1827.0326.0525.6826.0125.2925.6024.4622.9424.0424.22none
New Mexico Sour (34°)25.2726.1526.0025.0224.6524.9824.2624.5723.4321.9123.0123.19none
North Texas Sweet25.6526.5326.3825.4025.0325.3624.6424.9523.8122.2923.3923.57none
Oklahoma Sour25.2726.1526.0025.0224.6524.9824.2624.5723.4321.9123.0123.19none
Oklahoma Sweet26.5227.4027.2526.2725.9026.2325.5125.8224.6823.1624.2624.44none
South Texas Light Sweet24.9725.8525.7024.7224.3524.6823.9624.2723.1321.6122.7122.89none
Southwest Wyoming Sweet27.6328.5128.3627.3827.0127.3426.6226.9325.7924.2725.3725.55E
Uinta Basin Black Wax23.5824.4624.3123.3322.9623.2922.5722.8821.7420.2221.3221.50B
West Texas Intermediate25.7726.6526.5025.5225.1525.4824.7625.0723.9322.4123.5123.69none
West Texas Sour (34°)24.7925.6725.5224.5424.1724.5023.7824.0922.9521.4322.5322.71none
Western Colorado27.6228.5028.3527.3727.0027.3326.6126.9225.7824.2625.3625.54B
East of the RockiesE73
04/17
E74
04/18
E75
04/19
E76
04/22
E77
04/23
E78
04/24
E79
04/25
E80
04/26
E81
04/29
E82
04/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax26.1926.4326.6326.5226.8726.6326.9827.3627.8227.54 26.3823
Bonito Sour (Onshore)25.0025.2525.5025.2525.7525.5025.7526.2526.7526.50 25.2333
Deepwater Sour (Onshore) (30°)23.2523.5023.7523.5024.0023.7524.0024.5025.0024.75 23.4833
East Texas25.1425.3825.5825.4725.8225.5825.9326.3126.7726.49 25.3323
Eugene Island Sour (Onshore)25.0025.2525.2525.2525.5025.2525.7526.0026.5026.25 25.0917
Heavy Louisiana Sweet (Onshore)25.7526.0026.2526.0026.2526.2526.5026.7527.2527.00 25.8833
Light Louisiana Sweet (Onshore)25.7526.0026.2526.0026.5026.2526.5027.0027.5027.00 25.9667
New Mexico Intermediate25.4125.6525.8525.7426.0925.8526.2026.5827.0426.76 25.6023
New Mexico Sour (34°)24.3824.6224.8224.7125.0624.8225.1725.5526.0125.73 24.5723
North Texas Sweet24.7625.0025.2025.0925.4425.2025.5525.9326.3926.11 24.9523
Oklahoma Sour24.3824.6224.8224.7125.0624.8225.1725.5526.0125.73 24.5723
Oklahoma Sweet25.6325.8726.0725.9626.3126.0726.4226.8027.2626.98 25.8223
South Texas Light Sweet24.0824.3224.5224.4124.7624.5224.8725.2525.7125.43 24.2723
Southwest Wyoming Sweet26.7426.9827.1827.0727.4227.1827.5327.9128.3728.09 26.9323
Uinta Basin Black Wax22.6922.9323.1323.0223.3723.1323.4823.8624.3224.04 22.8823
West Texas Intermediate24.8825.1225.3225.2125.5625.3225.6726.0526.5126.23 25.0723
West Texas Sour (34°)23.9024.1424.3424.2324.5824.3424.6925.0725.5325.25 24.0923
Western Colorado26.7326.9727.1727.0627.4127.1727.5227.9028.3628.08 26.9223
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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