Chevron
North America Crude Oil Marketing - June 2002 Summary East of the Rockies Bulletins 02-E105 to 02-E125, 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 RockiesE105
06/01
E106
06/03
E107
06/04
E108
06/05
E109
06/06
E110
06/07
E111
06/10
E112
06/11
E113
06/12
E114
06/13
E115
06/14
Gvty
Adj*
Altamont Yellow Wax25.5625.3325.5825.1425.0425.0024.5424.3724.8925.8926.19B
Bonito Sour (Onshore)23.7523.7524.0023.5023.2523.2522.7522.7523.2524.2524.50A
Deepwater Sour (Onshore) (30°)22.2522.0022.2522.0021.7521.7521.2521.2521.7522.7523.00F,G
East Texas25.5325.3025.5525.1125.0124.9724.5124.3424.8625.8626.16none
Eugene Island Sour (Onshore)23.7523.5023.7523.2523.2523.0022.7522.5023.0024.0024.25A
Heavy Louisiana Sweet (Onshore)24.2524.0024.2523.7523.7523.7523.2523.0023.5024.5025.00A
Light Louisiana Sweet (Onshore)24.5024.2524.5024.0024.0024.0023.5023.2523.7524.7525.00A
New Mexico Intermediate25.6025.3725.6225.1825.0825.0424.5824.4124.9325.9326.23none
New Mexico Sour (34°)24.5724.3424.5924.1524.0524.0123.5523.3823.9024.9025.20none
North Texas Sweet25.1524.9225.1724.7324.6324.5924.1323.9624.4825.4825.78none
Oklahoma Sour24.5724.3424.5924.1524.0524.0123.5523.3823.9024.9025.20none
Oklahoma Sweet26.0225.7926.0425.6025.5025.4625.0024.8325.3526.3526.65none
South Texas Light Sweet24.2724.0424.2923.8523.7523.7123.2523.0823.6024.6024.90none
Southwest Wyoming Sweet26.1125.8826.1325.6925.5925.5525.0924.9225.4426.4426.74E
Uinta Basin Black Wax22.0621.8322.0821.6421.5421.5021.0420.8721.3922.3922.69B
West Texas Intermediate25.0524.8225.0724.6324.5324.4924.0323.8624.3825.3825.68none
West Texas Sour (34°)24.0923.8624.1123.6723.5723.5323.0722.9023.4224.4224.72none
Western Colorado26.1025.8726.1225.6825.5825.5425.0824.9125.4326.4326.73B
East of the RockiesE116
06/17
E117
06/18
E118
06/19
E119
06/20
E120
06/21
E121
06/24
E122
06/25
E123
06/26
E124
06/27
E125
06/28
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax26.3425.6825.5625.7826.0726.7226.5727.0127.1127.1125.8593
Bonito Sour (Onshore)24.7524.0023.7524.0024.5025.0025.0025.2525.5025.5024.1833
Deepwater Sour (Onshore) (30°)23.0022.5022.2522.5022.7523.5023.2523.7524.0024.0022.6250
East Texas26.3125.6525.5325.7526.0426.6926.5426.9827.0827.0825.8293
Eugene Island Sour (Onshore)24.5023.7523.7524.0024.2524.7524.7525.2525.2525.2523.9917
Heavy Louisiana Sweet (Onshore)25.0024.5024.2524.5024.7525.5025.2525.7525.7525.7524.5583
Light Louisiana Sweet (Onshore)25.2524.5024.5024.7525.0025.5025.5026.0026.0026.0024.7667
New Mexico Intermediate26.3825.7225.6025.8226.1126.7626.6127.0527.1527.1525.8993
New Mexico Sour (34°)25.3524.6924.5724.7925.0825.7325.5826.0226.1226.1224.8693
North Texas Sweet25.9325.2725.1525.3725.6626.3126.1626.6026.7026.7025.4493
Oklahoma Sour25.3524.6924.5724.7925.0825.7325.5826.0226.1226.1224.8693
Oklahoma Sweet26.8026.1426.0226.2426.5327.1827.0327.4727.5727.5726.3193
South Texas Light Sweet25.0524.3924.2724.4924.7825.4325.2825.7225.8225.8224.5693
Southwest Wyoming Sweet26.8926.2326.1126.3326.6227.2727.1227.5627.6627.6626.4093
Uinta Basin Black Wax22.8422.1822.0622.2822.5723.2223.0723.5123.6123.6122.3593
West Texas Intermediate25.8325.1725.0525.2725.5626.2126.0626.5026.6026.6025.3493
West Texas Sour (34°)24.8724.2124.0924.3124.6025.2525.1025.5425.6425.6424.3893
Western Colorado26.8826.2226.1026.3226.6127.2627.1127.5527.6527.6526.3993
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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