Chevron
North America Crude Oil Marketing - October 2006 Summary East of the Rockies Bulletins 06-E192 to 06-E214, 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 RockiesE192
10/01
E193
10/02
E194
10/03
E195
10/04
E196
10/05
E197
10/06
E198
10/09
E199
10/10
E200
10/11
E201
10/12
E202
10/13
E203
10/16
Gvty
Adj*
Altamont Yellow Wax56.9155.0352.6853.4154.0346.8647.0645.6244.6944.9645.6747.04B
Bonito Sour (Onshore)58.0056.0053.7554.5055.0054.7555.0053.5052.5052.7553.5055.00A
Deepwater Sour (Onshore) (30°)53.2551.5049.0049.7550.5050.0050.2548.7548.0048.2549.0050.25F,G
East Texas59.2557.5055.0055.7556.5056.2556.5055.0054.0054.2555.0056.25none
Eugene Island Sour (Onshore)57.5055.5053.2554.0054.5054.2554.5053.0052.0052.5053.0054.50A
Heavy Louisiana Sweet (Onshore)61.2559.5057.0057.7558.5058.2558.2557.0056.0056.2557.0058.25A
Light Louisiana Sweet (Onshore)61.7559.7557.5058.2558.7558.5058.7557.2556.5056.7557.5058.75A
New Mexico Intermediate59.5057.7555.2556.0056.7556.5056.7555.2554.2554.5055.2556.50none
New Mexico Sour (34°)54.7553.0050.5051.2552.0051.7552.0050.5049.5049.7550.5051.75none
North Texas Sweet59.5057.7555.2556.0056.7556.5056.7555.2554.2554.5055.2556.50none
Oklahoma Sour56.8554.9752.6253.3553.9753.7053.9052.4651.5351.8052.5153.88none
Oklahoma Sweet61.7159.8357.4858.2158.8358.5658.7657.3256.3956.6657.3758.74none
South Texas Light Sweet57.5055.7553.2554.0054.7554.5054.7553.2552.2552.5053.2554.50none
Southwest Wyoming Sweet63.1661.2858.9359.6660.2860.0160.2158.7757.8458.1158.8260.19E
Uinta Basin Black Wax52.3650.4848.1348.8649.4846.8647.0645.6244.6944.9645.6747.04B
West Texas Intermediate59.5057.7555.2556.0056.7556.5056.7555.2554.2554.5055.2556.50none
West Texas Sour (34°)54.7553.0050.5051.2552.0051.7552.0050.5049.5049.7550.5051.75none
Western Colorado57.9156.0353.6854.4155.0354.7654.9653.5252.5952.8653.5754.94B
East of the RockiesE204
10/17
E205
10/18
E206
10/19
E207
10/20
E208
10/23
E209
10/24
E210
10/25
E211
10/26
E212
10/27
E213
10/30
E214
10/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax46.0344.7545.6043.9245.9146.4548.5047.4647.8545.4645.8347.4297
Bonito Sour (Onshore)54.0052.5053.5051.7553.7554.2556.2555.2555.7553.2553.7554.1855
Deepwater Sour (Onshore) (30°)49.2548.0048.7547.2549.2549.7551.7550.7551.0048.7549.0049.5645
East Texas55.2554.0055.0053.2555.2555.7557.7556.7557.2554.7555.2555.6452
Eugene Island Sour (Onshore)53.5052.2553.0051.2553.2554.0056.0055.0055.2553.0053.2553.7339
Heavy Louisiana Sweet (Onshore)57.2556.0057.0055.2557.2557.7559.7558.7559.2556.7557.0057.6290
Light Louisiana Sweet (Onshore)57.7556.5057.2555.7557.7558.2560.2559.2559.5057.2557.5058.0484
New Mexico Intermediate55.5054.2555.2553.5055.5056.0058.0057.0057.5055.0055.5055.8952
New Mexico Sour (34°)50.7549.5050.5048.7550.7551.2553.2552.2552.7550.2550.7551.1452
North Texas Sweet55.5054.2555.2553.5055.5056.0058.0057.0057.5055.0055.5055.8952
Oklahoma Sour52.8751.5952.4450.7652.7553.2955.3454.3054.6952.3052.6753.1568
Oklahoma Sweet57.7356.4557.3055.6257.6158.1560.2059.1659.5557.1657.5358.0168
South Texas Light Sweet53.5052.2553.2551.5053.5054.0056.0055.0055.5053.0053.5053.8952
Southwest Wyoming Sweet59.1857.9058.7557.0759.0659.6061.6560.6161.0058.6158.9859.4668
Uinta Basin Black Wax46.0344.7545.6043.9245.9146.4548.5047.4647.8545.4645.8346.6958
West Texas Intermediate55.5054.2555.2553.5055.5056.0058.0057.0057.5055.0055.5055.8952
West Texas Sour (34°)50.7549.5050.5048.7550.7551.2553.2552.2552.7550.2550.7551.1452
Western Colorado53.9352.6553.5051.8253.8154.3556.4055.3655.7553.3653.7354.2168
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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