Chevron
North America Crude Oil Marketing - August 2002 Summary East of the Rockies Bulletins 02-E147 to 02-E168, 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 RockiesE147
08/01
E148
08/02
E149
08/05
E150
08/06
E151
08/07
E152
08/08
E153
08/09
E154
08/12
E155
08/13
E156
08/14
E157
08/15
E158
08/16
Gvty
Adj*
Altamont Yellow Wax26.7227.0926.8327.4226.7526.9227.1128.1128.1728.4029.3129.58B
Bonito Sour (Onshore)25.7526.0025.7526.2525.7525.7526.0027.0027.0027.2528.2528.50A
Deepwater Sour (Onshore) (30°)24.5024.7524.5025.0024.5024.5024.7525.7525.7526.0027.0027.25F,G
East Texas26.1326.5026.2426.8326.1626.3326.5227.5227.5827.8128.7228.99none
Eugene Island Sour (Onshore)25.5026.0025.7526.2525.5025.7526.0027.0027.0027.2528.2528.50A
Heavy Louisiana Sweet (Onshore)26.2526.7526.5027.0026.2526.5026.7527.7527.7528.0029.0029.25A
Light Louisiana Sweet (Onshore)26.2526.7526.5027.0026.2526.5026.7527.7527.7528.0029.0029.25A
New Mexico Intermediate26.4226.7926.5327.1226.4526.6226.8127.8127.8728.1029.0129.28none
New Mexico Sour (34°)25.8126.1825.9226.5125.8426.0126.2027.2027.2627.4928.4028.67none
North Texas Sweet25.3925.7625.5026.0925.4225.5925.7826.7826.8427.0727.9828.25none
Oklahoma Sour25.8126.1825.9226.5125.8426.0126.2027.2027.2627.4928.4028.67none
Oklahoma Sweet26.6226.9926.7327.3226.6526.8227.0128.0128.0728.3029.2129.48none
South Texas Light Sweet25.0925.4625.2025.7925.1225.2925.4826.4826.5426.7727.6827.95none
Southwest Wyoming Sweet27.2727.6427.3827.9727.3027.4727.6628.6628.7228.9529.8630.13E
Uinta Basin Black Wax23.2223.5923.3323.9223.2523.4223.6124.6124.6724.9025.8126.08B
West Texas Intermediate25.8726.2425.9826.5725.9026.0726.2627.2627.3227.5528.4628.73none
West Texas Sour (34°)25.3525.7225.4626.0525.3825.5525.7426.7426.8027.0327.9428.21none
Western Colorado27.2627.6327.3727.9627.2927.4627.6528.6528.7128.9429.8530.12B
East of the RockiesE159
08/19
E160
08/20
E161
08/21
E162
08/22
E163
08/23
E164
08/26
E165
08/27
E166
08/28
E167
08/29
E168
08/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax30.0930.3629.4929.0928.8829.5329.0828.5929.1729.23 28.4023
Bonito Sour (Onshore)29.0029.2528.5028.0027.7528.5028.0027.5028.0028.00 27.2984
Deepwater Sour (Onshore) (30°)27.7528.0027.2526.7526.5027.2526.7526.2526.7527.00 26.0645
East Texas29.5029.7728.9028.5028.2928.9428.4928.0028.5828.64 27.8123
Eugene Island Sour (Onshore)29.0029.2528.2528.0027.7528.2528.0027.5028.0028.00 27.2661
Heavy Louisiana Sweet (Onshore)29.7530.0029.0028.7528.5029.2528.7528.2528.7528.75 28.0242
Light Louisiana Sweet (Onshore)29.7530.0029.0028.7528.5029.0028.7528.2528.7528.75 28.0161
New Mexico Intermediate29.7930.0629.1928.7928.5829.2328.7828.2928.8728.93 28.1023
New Mexico Sour (34°)29.1829.4528.5828.1827.9728.6228.1727.6828.2628.32 27.4923
North Texas Sweet28.7629.0328.1627.7627.5528.2027.7527.2627.8427.90 27.0723
Oklahoma Sour29.1829.4528.5828.1827.9728.6228.1727.6828.2628.32 27.4923
Oklahoma Sweet29.9930.2629.3928.9928.7829.4328.9828.4929.0729.13 28.3023
South Texas Light Sweet28.4628.7327.8627.4627.2527.9027.4526.9627.5427.60 26.7723
Southwest Wyoming Sweet30.6430.9130.0429.6429.4330.0829.6329.1429.7229.78 28.9523
Uinta Basin Black Wax26.5926.8625.9925.5925.3826.0325.5825.0925.6725.73 24.9023
West Texas Intermediate29.2429.5128.6428.2428.0328.6828.2327.7428.3228.38 27.5523
West Texas Sour (34°)28.7228.9928.1227.7227.5128.1627.7127.2227.8027.86 27.0323
Western Colorado30.6330.9030.0329.6329.4230.0729.6229.1329.7129.77 28.9423
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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