Chevron
North America Crude Oil Marketing - April 2005 Summary East of the Rockies Bulletins 05-E63 to 05-E83, 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 RockiesE63
04/01
E64
04/04
E65
04/05
E66
04/06
E67
04/07
E68
04/08
E69
04/11
E70
04/12
E71
04/13
E72
04/14
E73
04/15
Gvty
Adj*
Altamont Yellow Wax56.7756.5155.5455.3553.6152.8253.2151.3649.7250.6349.99B
Bonito Sour (Onshore)52.2552.0051.0050.7549.0048.2548.7546.7545.2546.0045.50A
Deepwater Sour (Onshore) (30°)49.0048.7547.7547.5045.7545.0045.5043.5042.0042.7542.25F,G
East Texas53.7553.5052.5052.0050.5049.7550.0048.2546.7547.5047.00none
Eugene Island Sour (Onshore)52.0051.7550.7550.5048.7548.0048.2546.5044.7545.7545.00A
Heavy Louisiana Sweet (Onshore)54.2554.0053.0053.0051.2550.2550.7549.0047.2548.2547.50A
Light Louisiana Sweet (Onshore)56.2556.0055.0054.7553.0052.2552.5050.7549.0050.0049.25A
New Mexico Intermediate55.8955.6354.6654.4752.7351.9452.3350.4848.8449.7549.11none
New Mexico Sour (34°)51.1650.9049.9349.7448.0047.2147.6045.7544.1145.0244.38none
North Texas Sweet54.0053.7552.7552.2550.7550.0050.2548.5047.0047.7547.25none
Oklahoma Sour51.1650.9049.9349.7448.0047.2147.6045.7544.1145.0244.38none
Oklahoma Sweet56.1055.8454.8754.6852.9452.1552.5450.6949.0549.9649.32none
South Texas Light Sweet52.0051.7550.7550.2548.7548.0048.2546.5045.0045.7545.25none
Southwest Wyoming Sweet58.3258.0657.0956.9055.1654.3754.7652.9151.2752.1851.54E
Uinta Basin Black Wax54.0253.7652.7952.6050.8650.0750.4648.6146.9747.8847.24B
West Texas Intermediate54.0053.7552.7552.2550.7550.0050.2548.5047.0047.7547.25none
West Texas Sour (34°)49.2549.0048.0047.5046.0045.2545.5043.7542.2543.0042.50none
Western Colorado58.0657.8056.8356.6454.9054.1154.5052.6551.0151.9251.28B
East of the RockiesE74
04/18
E75
04/19
E76
04/20
E77
04/21
E78
04/22
E79
04/25
E80
04/26
E81
04/27
E82
04/28
E83
04/29
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax49.8751.7951.9453.7054.8954.0753.7051.1151.2749.2252.8410
Bonito Sour (Onshore)45.2547.2547.2549.0050.2549.5049.0046.5046.7544.7548.2750
Deepwater Sour (Onshore) (30°)42.0044.0044.2546.0047.0046.2546.0043.2543.5041.5045.0500
East Texas47.0048.7549.0050.7551.7551.0050.7548.0048.2546.2549.7917
Eugene Island Sour (Onshore)45.0047.0047.0048.7550.0049.2548.7546.2546.5044.2547.9667
Heavy Louisiana Sweet (Onshore)47.5049.2549.5051.2552.5051.5051.2548.7548.7546.7550.3750
Light Louisiana Sweet (Onshore)49.2551.2551.2553.0054.2553.5053.0050.5050.7548.5052.2167
New Mexico Intermediate48.9950.9151.0652.8254.0153.1952.8250.2350.3948.3451.9610
New Mexico Sour (34°)44.2646.1846.3348.0949.2848.4648.0945.5045.6643.6147.2310
North Texas Sweet47.2549.0049.2551.0052.0051.2551.0048.2548.5046.5050.0417
Oklahoma Sour44.2646.1846.3348.0949.2848.4648.0945.5045.6643.6147.2310
Oklahoma Sweet49.2051.1251.2753.0354.2253.4053.0350.4450.6048.5552.1710
South Texas Light Sweet45.2547.0047.2549.0050.0049.2549.0046.2546.5044.5048.0417
Southwest Wyoming Sweet51.4253.3453.4955.2556.4455.6255.2552.6652.8250.7754.3910
Uinta Basin Black Wax47.1249.0449.1950.9552.1451.3250.9548.3648.5246.4750.0910
West Texas Intermediate47.2549.0049.2551.0052.0051.2551.0048.2548.5046.5050.0417
West Texas Sour (34°)42.5044.2544.5046.2547.2546.5046.2543.5043.7541.7545.2917
Western Colorado51.1653.0853.2354.9956.1855.3654.9952.4052.5650.5154.1310
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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