Chevron
North America Crude Oil Marketing - April 2004 Summary East of the Rockies Bulletins 04-E64 to 04-E84, 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 RockiesE64
04/01
E65
04/02
E66
04/05
E67
04/06
E68
04/07
E69
04/08
E70
04/12
E71
04/13
E72
04/14
E73
04/15
E74
04/16
Gvty
Adj*
Altamont Yellow Wax34.2734.3934.3834.9736.1537.1437.8437.2136.7237.5737.74B
Bonito Sour (Onshore)32.2532.2532.2533.0034.0035.0035.7535.2534.7535.5035.75A
Deepwater Sour (Onshore) (30°)29.5029.5029.5030.2531.2532.2533.0032.5032.0032.7533.00F,G
East Texas30.7530.7530.7531.5032.7533.5034.2533.7533.2534.0034.25none
Eugene Island Sour (Onshore)31.7531.7531.7532.5033.5034.5035.2534.7534.2535.0035.25A
Heavy Louisiana Sweet (Onshore)33.7534.0034.0034.5035.7536.7537.5036.7536.2537.2537.25A
Light Louisiana Sweet (Onshore)34.2534.2534.2535.0036.0037.0037.7537.2536.7537.5037.75A
New Mexico Intermediate35.0135.1335.1235.7136.8937.8838.5837.9537.4638.3138.48none
New Mexico Sour (34°)31.6931.8131.8032.3933.5734.5635.2634.6334.1434.9935.16none
North Texas Sweet31.0031.0031.0031.7533.0033.7534.5034.0033.5034.2534.50none
Oklahoma Sour31.6931.8131.8032.3933.5734.5635.2634.6334.1434.9935.16none
Oklahoma Sweet35.2235.3435.3335.9237.1038.0938.7938.1637.6738.5238.69none
South Texas Light Sweet29.0029.0029.0029.7531.0031.7532.5032.0031.5032.2532.50none
Southwest Wyoming Sweet35.0735.1935.1835.7736.9537.9438.6438.0137.5238.3738.54E
Uinta Basin Black Wax31.5231.6431.6332.2233.4034.3935.0934.4633.9734.8234.99B
West Texas Intermediate31.0031.0031.0031.7533.0033.7534.5034.0033.5034.2534.50none
West Texas Sour (34°)26.2526.2526.2527.0028.2529.0029.7529.2528.7529.5029.75none
Western Colorado35.0635.1835.1735.7636.9437.9338.6338.0037.5138.3638.53B
East of the RockiesE75
04/19
E76
04/20
E77
04/21
E78
04/22
E79
04/23
E80
04/26
E81
04/27
E82
04/28
E83
04/29
E84
04/30
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax37.4237.6035.7336.7136.4636.9737.5337.4637.3137.3836.5850
Bonito Sour (Onshore)35.2535.5033.7534.7534.5035.0035.5035.5035.2535.2534.5333
Deepwater Sour (Onshore) (30°)32.5032.7531.0032.0031.7532.2532.7532.7532.5032.5031.7833
East Texas33.7534.0032.2533.2533.0033.5034.0034.0033.7533.7533.0417
Eugene Island Sour (Onshore)34.7535.0033.2534.2534.0034.5035.0035.0034.7534.7534.0333
Heavy Louisiana Sweet (Onshore)37.0037.2535.2536.2536.0036.5037.0037.0036.7537.0036.1500
Light Louisiana Sweet (Onshore)37.5037.5035.7536.7536.5037.0037.5037.5037.2537.2536.5417
New Mexico Intermediate38.1638.3436.4737.4537.2037.7138.2738.2038.0538.1237.3250
New Mexico Sour (34°)34.8435.0233.1534.1333.8834.3934.9534.8834.7334.8034.0050
North Texas Sweet34.0034.2532.5033.5033.2533.7534.2534.2534.0034.0033.2917
Oklahoma Sour34.8435.0233.1534.1333.8834.3934.9534.8834.7334.8034.0050
Oklahoma Sweet38.3738.5536.6837.6637.4137.9238.4838.4138.2638.3337.5350
South Texas Light Sweet32.0032.2530.5031.5031.2531.7532.2532.2532.0032.0031.2917
Southwest Wyoming Sweet38.2238.4036.5337.5137.2637.7738.3338.2638.1138.1837.3850
Uinta Basin Black Wax34.6734.8532.9833.9633.7134.2234.7834.7134.5634.6333.8350
West Texas Intermediate34.0034.2532.5033.5033.2533.7534.2534.2534.0034.0033.2917
West Texas Sour (34°)29.2529.5027.7528.7528.5029.0029.5029.5029.2529.2528.5417
Western Colorado38.2138.3936.5237.5037.2537.7638.3238.2538.1038.1737.3750
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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