Chevron
North America Crude Oil Marketing - August 2005 Summary California Bulletins 05-CA127 to 05-CA148, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 AM on the above listed effective date, subject to change without notice, Chevron will pay the following prices per barrel for crude oil and condensate delivered for its account into the custody of its authorized carrier or receiving agent. Prices are subject to deduction for transportation and other charges where applicable. Prices for oil apply to quantities measured by approved automatic custody transfer facilities or 100% tank table with customary adjustment of volume and gravity for temperature and full deduction for sediment and water.

* Prices are subject to a Gravity Adjustment Scale
CaliforniaAPICA127
08/01
CA128
08/02
CA129
08/03
CA130
08/04
CA131
08/05
CA132
08/08
CA133
08/09
CA134
08/10
CA135
08/11
CA136
08/12
CA137
08/15
CA138
08/16
Buena Vista Hills55.7556.0555.0555.6056.5058.1557.3059.1060.0561.1060.5060.30
Coalinga51.4051.7050.7051.2552.1553.8052.9554.7555.7056.7556.1555.95
Huntington Beach52.6552.9551.9552.5053.4055.0554.2056.0056.9558.0057.4057.20
Kettleman Hills58.7059.0058.0058.5559.4561.1060.2562.0563.0064.0563.4563.25
Lost Hills57.4557.7556.7557.3058.2059.8559.0060.8061.7562.8062.2062.00
McKittrick50.7551.0550.0550.6051.5053.1552.3054.1055.0556.1055.5055.30
Midway Sunset50.7551.0550.0550.6051.5053.1552.3054.1055.0556.1055.5055.30
Pt Arguello (onshore)47.1547.4546.4547.0047.9049.5548.7050.5051.4552.5051.9051.70
San Ardo47.8548.1547.1547.7048.6050.2549.4051.2052.1553.2052.6052.40
Seal Beach56.6056.9055.9056.4557.3559.0058.1559.9560.9061.9561.3561.15
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API0.00000.00000.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
34.0° to 40.0°API0.01000.01000.01000.01000.01000.01000.01000.01000.01000.01000.01000.0100
Below 34.0°API0.03500.03500.03500.03500.03500.03500.03500.03500.03500.03500.03500.0350
CaliforniaAPICA139
08/17
CA140
08/19
CA141
08/22
CA142
08/23
CA143
08/24
CA144
08/25
CA145
08/26
CA146
08/29
CA147
08/30
CA148
08/31
 Mthly
Avg
Buena Vista Hills57.5059.6559.7559.6561.3561.6560.3561.4564.1563.30 59.2565
Coalinga53.1555.3055.4055.3057.0057.3056.0057.1059.8058.95 54.9065
Huntington Beach54.4056.5556.6556.5558.2558.5557.2558.3561.0560.20 56.1565
Kettleman Hills60.4562.6062.7062.6064.3064.6063.3064.4067.1066.25 62.2065
Lost Hills59.2061.3561.4561.3563.0563.3562.0563.1565.8565.00 60.9565
McKittrick52.5054.6554.7554.6556.3556.6555.3556.4559.1558.30 54.2565
Midway Sunset52.5054.6554.7554.6556.3556.6555.3556.4559.1558.30 54.2565
Pt Arguello (onshore)48.9051.0551.1551.0552.7553.0551.7552.8555.5554.70 50.6565
San Ardo49.6051.7551.8551.7553.4553.7552.4553.5556.2555.40 51.3565
Seal Beach58.3560.5060.6060.5062.2062.5061.2062.3065.0064.15 60.1065
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000 0.0000
34.0° to 40.0°API0.01000.01000.01000.01000.01000.01000.01000.01000.01000.0100 0.0100
Below 34.0°API0.03500.03500.03500.03500.03500.03500.03500.03500.03500.0350 0.0350
Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with the latest ASTM Standards and API Manual of Petroleum Measurement Standards (MPMS) generally accepted in the petroleum industry with deductions for full sediment, water and other impurities.

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