Chevron
North America Crude Oil Marketing - September 2002 Summary East of the Rockies Bulletins 02-E169 to 02-E188, 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 RockiesE169
09/01
E170
09/03
E171
09/04
E172
09/05
E173
09/06
E174
09/09
E175
09/11
E176
09/12
E177
09/13
E178
09/16
E179
09/17
Gvty
Adj*
Altamont Yellow Wax29.2328.0428.5229.2329.8629.9830.0229.1030.0629.9229.33B
Bonito Sour (Onshore)27.5026.2526.7527.5028.2528.2528.2527.5028.5028.2527.75A
Deepwater Sour (Onshore) (30°)25.7524.7525.0025.7526.5026.5026.5025.7526.7526.5026.00F,G
East Texas29.2928.1028.5829.2929.9230.0430.0829.1630.1229.9829.39none
Eugene Island Sour (Onshore)27.5026.2526.7527.5028.0028.2528.2527.2528.2528.2527.50A
Heavy Louisiana Sweet (Onshore)28.0026.7527.2528.0028.7528.7528.7528.0029.0028.7528.25A
Light Louisiana Sweet (Onshore)28.2527.2527.5028.2529.0029.0029.0028.2529.2529.0028.50A
New Mexico Intermediate29.5028.3128.7929.5030.1330.2530.2929.3730.3330.1929.60none
New Mexico Sour (34°)28.5227.3327.8128.5229.1529.2729.3128.3929.3529.2128.62none
North Texas Sweet28.5527.3627.8428.5529.1829.3029.3428.4229.3829.2428.65none
Oklahoma Sour28.5227.3327.8128.5229.1529.2729.3128.3929.3529.2128.62none
Oklahoma Sweet29.7828.5929.0729.7830.4130.5330.5729.6530.6130.4729.88none
South Texas Light Sweet28.1726.9827.4628.1728.8028.9228.9628.0429.0028.8628.27none
Southwest Wyoming Sweet29.7828.5929.0729.7830.4130.5330.5729.6530.6130.4729.88E
Uinta Basin Black Wax25.7324.5425.0225.7326.3626.4826.5225.6026.5626.6726.08B
West Texas Intermediate28.9527.7628.2428.9529.5829.7029.7428.8229.7829.6429.05none
West Texas Sour (34°)28.0626.8727.3528.0628.6928.8128.8527.9328.8928.7528.16none
Western Colorado29.7728.5829.0629.7730.4030.5230.5629.6430.6030.4629.87B
East of the RockiesE180
09/18
E181
09/19
E182
09/20
E183
09/23
E184
09/24
E185
09/25
E186
09/26
E187
09/27
E188
09/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax29.7329.7529.8630.9631.0230.8930.6630.7930.70 29.9333
Bonito Sour (Onshore)28.0028.0028.2529.2529.2529.2529.0029.0029.00 28.2500
Deepwater Sour (Onshore) (30°)26.2526.2526.5027.5027.5027.5027.2527.5027.25 26.5333
East Texas29.7929.8129.9231.0231.0830.9530.7230.8530.76 29.9933
Eugene Island Sour (Onshore)28.0028.0028.0029.2529.2529.2529.0029.0029.00 28.1583
Heavy Louisiana Sweet (Onshore)28.5028.5028.7529.7529.7529.7529.5029.5029.50 28.7500
Light Louisiana Sweet (Onshore)28.7528.7529.0030.0030.0030.0029.7530.0029.75 29.0333
New Mexico Intermediate30.0030.0230.1331.2331.2931.1630.9331.0630.97 30.2033
New Mexico Sour (34°)29.0229.0429.1530.2530.3130.1829.9530.0829.99 29.2233
North Texas Sweet29.0529.0729.1830.2830.3430.2129.9830.1130.02 29.2533
Oklahoma Sour29.0229.0429.1530.2530.3130.1829.9530.0829.99 29.2233
Oklahoma Sweet30.2830.3030.4131.5131.5731.4431.2131.3431.25 30.4833
South Texas Light Sweet28.6728.6928.8029.9029.9629.8329.6029.7329.64 28.8733
Southwest Wyoming Sweet30.2830.3030.4131.5131.5731.4431.2131.3431.25 30.4833
Uinta Basin Black Wax26.4826.5026.6127.7127.7727.6427.4127.5427.45 26.5583
West Texas Intermediate29.4529.4729.5830.6830.7430.6130.3830.5130.42 29.6533
West Texas Sour (34°)28.5628.5828.6929.7929.8529.7229.4929.6229.53 28.7633
Western Colorado30.2730.2930.4031.5031.5631.4331.2031.3331.24 30.4733
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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