Chevron
North America Crude Oil Marketing - August 2006 Summary California Bulletins 06-CA139 to 06-CA160, 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
CaliforniaAPICA139
08/01
CA140
08/02
CA141
08/03
CA142
08/04
CA143
08/07
CA144
08/08
CA145
08/09
CA146
08/10
CA147
08/11
CA148
08/14
CA149
08/15
CA150
08/16
Buena Vista Hills68.7569.6569.3068.6070.8570.1570.2067.8568.2067.4066.9065.75
Coalinga64.2565.1564.7064.0066.2565.5565.6063.2563.6062.8062.2061.05
Huntington Beach65.5066.4066.0065.3067.5566.8566.9064.5564.9064.1063.5062.35
Kettleman Hills71.8572.7572.4571.7574.0073.3073.3571.0071.3570.5570.1068.95
Lost Hills70.5071.4071.1070.4072.6571.9572.0069.6570.0069.2068.7067.55
McKittrick63.5564.4564.0063.3065.5564.8564.9062.5562.9062.1061.5060.35
Midway Sunset63.5564.4564.0063.3065.5564.8564.9062.5562.9062.1061.5060.35
Pt Arguello (onshore)60.7061.6061.0560.3562.6061.9061.9559.6059.9559.1558.5557.40
San Ardo60.6061.5061.0060.3062.5561.8561.9059.5559.9059.1058.4557.30
Seal Beach69.6570.5570.2069.5071.7571.0571.1068.7569.1068.3067.8066.65
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°API0.03750.03750.03750.03750.03750.03750.03750.03750.03750.03750.03750.0375
CaliforniaAPICA151
08/17
CA152
08/18
CA153
08/21
CA154
08/22
CA155
08/23
CA156
08/24
CA157
08/28
CA158
08/29
CA159
08/30
CA160
08/31
 Mthly
Avg
Buena Vista Hills63.9065.0066.3066.4565.2566.1064.2063.4063.7564.10 66.9016
Coalinga59.2060.3061.6061.7560.5561.4059.5058.7059.0559.40 62.2532
Huntington Beach60.5061.6062.9063.0561.8562.7060.8060.0060.3560.70 63.5500
Kettleman Hills67.1068.2069.5069.6568.4569.3067.4066.6066.9567.30 70.0758
Lost Hills65.7066.8068.1068.2567.0567.9066.0065.2065.5565.90 68.6984
McKittrick58.5059.6060.9061.0559.8560.7058.8058.0058.3558.70 61.5532
Midway Sunset58.5059.6060.9061.0559.8560.7058.8058.0058.3558.70 61.5532
Pt Arguello (onshore)55.5556.6557.9558.1056.9057.7555.8555.0555.4055.75 58.6097
San Ardo55.4556.5557.8558.0056.8057.6555.7554.9555.3055.65 58.5290
Seal Beach64.8065.9067.2067.3566.1567.0065.1064.3064.6565.00 67.8016
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°API0.03750.03750.03750.03750.03750.03750.03750.03750.03750.0375 0.0375
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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