Chevron
North America Crude Oil Marketing - August 2005 Summary East of the Rockies Bulletins 05-E148 to 05-E170, 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 RockiesE148
08/01
E149
08/02
E150
08/03
E151
08/04
E152
08/05
E153
08/08
E154
08/09
E155
08/10
E156
08/11
E157
08/12
E158
08/15
E159
08/16
Gvty
Adj*
Altamont Yellow Wax61.0761.3960.3660.8861.8163.4462.5764.4065.3066.3665.7765.58B
Bonito Sour (Onshore)57.7558.0057.0057.5058.5060.2559.2561.0062.0063.0062.5062.25A
Deepwater Sour (Onshore) (30°)54.7555.0054.0054.5055.5057.0056.2558.0059.0060.0059.5059.25F,G
East Texas58.0058.2557.2557.7558.7560.5059.5061.2562.2563.2563.0062.50none
Eugene Island Sour (Onshore)57.7558.0057.0057.5058.5060.0059.2561.0062.0063.0062.5062.25A
Heavy Louisiana Sweet (Onshore)59.5059.7558.7559.2560.2561.7561.0062.7563.7564.7564.2564.00A
Light Louisiana Sweet (Onshore)60.2560.7559.5060.2561.0062.7561.7563.7564.5065.5065.0064.75A
New Mexico Intermediate60.4160.7359.7060.2261.1562.7861.9163.7464.6465.7065.1164.92none
New Mexico Sour (34°)57.8258.1457.1157.6358.5660.1959.3261.1562.0563.1162.5262.33none
North Texas Sweet58.2558.5057.5058.0059.0060.7559.7561.5062.5063.5063.2562.75none
Oklahoma Sour57.8258.1457.1157.6358.5660.1959.3261.1562.0563.1162.5262.33none
Oklahoma Sweet60.2460.5659.5360.0560.9862.6161.7463.5764.4765.5364.9464.75none
South Texas Light Sweet56.2556.5055.5056.0057.0058.7557.7559.5060.5061.5061.2560.75none
Southwest Wyoming Sweet62.6262.9461.9162.4363.3664.9964.1265.9566.8567.9167.3267.13E
Uinta Basin Black Wax58.3258.6457.6158.1359.0660.6959.8261.6562.5563.6163.0262.83B
West Texas Intermediate58.2558.5057.5058.0059.0060.7559.7561.5062.5063.5063.2562.75none
West Texas Sour (34°)53.5053.7552.7553.2554.2556.0055.0056.7557.7558.7558.5058.00none
Western Colorado62.3662.6861.6562.1763.1064.7363.8665.6966.5967.6567.0666.87B
East of the RockiesE160
08/17
E161
08/18
E162
08/19
E163
08/22
E164
08/23
E165
08/24
E166
08/25
E167
08/26
E168
08/29
E169
08/30
E170
08/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax62.7562.7764.8565.1565.2166.8266.9965.6366.7069.3168.4464.5435
Bonito Sour (Onshore)59.5059.5061.5061.7562.0063.5063.7562.2563.5066.0065.2561.2258
Deepwater Sour (Onshore) (30°)56.5056.5058.5058.7558.7560.5060.5059.2560.2563.0062.0058.1855
East Texas59.5059.7561.7562.0062.0063.7564.0062.5063.5066.2565.0061.4435
Eugene Island Sour (Onshore)59.2559.5061.5061.7561.7563.5063.5062.2563.2566.0065.0061.1774
Heavy Louisiana Sweet (Onshore)61.0061.2563.2563.5063.5065.2565.2564.0065.0067.7566.7562.9274
Light Louisiana Sweet (Onshore)62.0062.0064.0064.5064.5066.0066.2565.0066.0068.5067.7563.7823
New Mexico Intermediate62.0962.1164.1964.4964.5566.1666.3364.9766.0468.6567.7863.8835
New Mexico Sour (34°)59.5059.5261.6061.9061.9663.5763.7462.3863.4566.0665.1961.2935
North Texas Sweet59.7560.0062.0062.2562.2564.0064.2562.7563.7566.5065.2561.6935
Oklahoma Sour59.5059.5261.6061.9061.9663.5763.7462.3863.4566.0665.1961.2935
Oklahoma Sweet61.9261.9464.0264.3264.3865.9966.1664.8065.8768.4867.6163.7135
South Texas Light Sweet57.7558.0060.0060.2560.2562.0062.2560.7561.7564.5063.2559.6935
Southwest Wyoming Sweet64.3064.3266.4066.7066.7668.3768.5467.1868.2570.8669.9966.0935
Uinta Basin Black Wax60.0060.0262.1062.4062.4664.0764.2462.8863.9566.5665.6961.7935
West Texas Intermediate59.7560.0062.0062.2562.2564.0064.2562.7563.7566.5065.2561.6935
West Texas Sour (34°)55.0055.2557.2557.5057.5059.2559.5058.0059.0061.7560.5056.9435
Western Colorado64.0464.0666.1466.4466.5068.1168.2866.9267.9970.6069.7365.8335
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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