Chevron
North America Crude Oil Marketing - September 2005 Summary East of the Rockies Bulletins 05-E171 to 05-E191, 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 RockiesE171
09/01
E172
09/02
E173
09/06
E174
09/07
E175
09/08
E176
09/09
E177
09/12
E178
09/13
E179
09/14
E180
09/15
E181
09/16
Gvty
Adj*
Altamont Yellow Wax68.9767.0765.4663.8763.9963.5862.8462.6164.5964.2562.50B
Bonito Sour (Onshore)65.0063.0061.5059.7560.0059.5058.7558.5060.5060.2558.50A
Deepwater Sour (Onshore) (30°)61.2559.2557.7556.2556.2555.7555.2555.0057.0056.5054.75F,G
East Texas66.2564.0062.5060.7561.0060.5059.7559.5061.5061.2559.50none
Eugene Island Sour (Onshore)64.7562.7561.2559.7559.7559.2558.5058.2560.2560.0058.25A
Heavy Louisiana Sweet (Onshore)67.2565.2563.7562.2562.2561.7561.0061.0062.7562.5060.75A
Light Louisiana Sweet (Onshore)68.7567.0065.2563.7563.7563.5062.7562.5064.5064.0062.25A
New Mexico Intermediate68.7766.8765.2663.6763.7963.3862.6462.4164.3964.0562.30none
New Mexico Sour (34°)64.2862.3860.7759.1859.3058.8958.1557.9259.9059.5657.81none
North Texas Sweet66.5064.2562.7561.0061.2560.7560.0059.7561.7561.5059.75none
Oklahoma Sour64.2862.3860.7759.1859.3058.8958.1557.9259.9059.5657.81none
Oklahoma Sweet68.5066.6064.9963.4063.5263.1162.3762.1464.1263.7862.03none
South Texas Light Sweet64.5062.2560.7559.0059.2558.7558.0057.7559.7559.5057.75none
Southwest Wyoming Sweet70.5268.6267.0165.4265.5465.1364.3964.1666.1465.8064.05E
Uinta Basin Black Wax65.7263.8262.2160.6260.7460.3359.5959.3661.3461.0059.25B
West Texas Intermediate66.5064.2562.7561.0061.2560.7560.0059.7561.7561.5059.75none
West Texas Sour (34°)61.7559.5058.0056.2556.5056.0055.2555.0057.0056.7555.00none
Western Colorado70.2668.3666.7565.1665.2864.8764.1363.9065.8865.5463.79B
East of the RockiesE182
09/19
E183
09/20
E184
09/21
E185
09/22
E186
09/23
E187
09/26
E188
09/27
E189
09/28
E190
09/29
E191
09/30
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax66.8965.7366.3066.0063.6965.3264.5765.8566.3965.7364.8983
Bonito Sour (Onshore)62.7561.7562.2562.0059.5061.2560.5061.7562.2561.7560.8333
Deepwater Sour (Onshore) (30°)59.2558.0058.5058.2556.0057.5056.7558.2558.7558.0057.1667
East Texas64.0062.7563.2563.0060.7562.2561.5062.7563.2562.0061.8500
Eugene Island Sour (Onshore)62.7561.5062.0061.7559.5061.0060.2561.5062.2561.5060.6333
Heavy Louisiana Sweet (Onshore)65.2564.0064.5064.2562.0063.5062.7564.2564.7564.0063.1500
Light Louisiana Sweet (Onshore)66.7565.5066.2565.7563.5065.2564.5065.7566.2565.5064.7500
New Mexico Intermediate66.6965.5366.1065.8063.4965.1264.3765.6566.1965.5364.6983
New Mexico Sour (34°)62.2061.0461.6161.3159.0060.6359.8861.1661.7061.0460.2083
North Texas Sweet64.2563.0063.5063.2561.0062.5061.7563.0063.5062.2562.1000
Oklahoma Sour62.2061.0461.6161.3159.0060.6359.8861.1661.7061.0460.2083
Oklahoma Sweet66.4265.2665.8365.5363.2264.8564.1065.3865.9265.2664.4283
South Texas Light Sweet62.2561.0061.5061.2559.0060.5059.7561.0061.5060.2560.1000
Southwest Wyoming Sweet68.4467.2867.8567.5565.2466.8766.1267.4067.9467.2866.4483
Uinta Basin Black Wax63.6462.4863.0562.7560.4462.0761.3262.6063.1462.4861.6483
West Texas Intermediate64.2563.0063.5063.2561.0062.5061.7563.0063.5062.2562.1000
West Texas Sour (34°)59.5058.2558.7558.5056.2557.7557.0058.2558.7557.5057.3500
Western Colorado68.1867.0267.5967.2964.9866.6165.8667.1467.6867.0266.1883
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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