Chevron
North America Crude Oil Marketing - June 2007 Summary East of the Rockies Bulletins 07-E107 to 07-E127, 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 RockiesE107
06/01
E108
06/04
E109
06/05
E110
06/06
E111
06/07
E112
06/08
E113
06/11
E114
06/12
E115
06/13
E116
06/14
E117
06/15
Gvty
Adj*
Altamont Yellow Wax53.0854.2153.6153.9655.4353.2654.4753.8554.7656.1556.50B
Bonito Sour (Onshore)66.2567.5067.0067.2568.2566.0067.2566.5067.5069.0069.25A
Deepwater Sour (Onshore) (30°)59.7560.7560.2560.5061.5059.2560.5060.0060.7562.2562.50F,G
East Texas61.5062.7562.0062.5063.2561.2562.5061.7562.7564.0064.50none
Eugene Island Sour (Onshore)66.0067.2566.5067.0067.7565.7567.0066.2567.2568.5069.00A
Heavy Louisiana Sweet (Onshore)67.5068.7568.0068.5069.5067.2568.5067.7568.7570.0070.50A
Light Louisiana Sweet (Onshore)68.7569.7569.2569.5070.5068.2569.5069.0069.7571.2571.50A
New Mexico Intermediate61.7563.0062.2562.7563.5061.5062.7562.0063.0064.2564.75none
New Mexico Sour (34°)57.0058.2557.5058.0058.7556.7558.0057.2558.2559.5060.00none
North Texas Sweet61.7563.0062.2562.7563.5061.5062.7562.0063.0064.2564.75none
Oklahoma Sour57.3658.4957.8958.2459.2157.0458.2557.6358.5459.9360.28none
Oklahoma Sweet63.3664.4963.8964.2465.2163.0464.2563.6364.5465.9366.28none
South Texas Light Sweet59.7561.0060.2560.7561.5059.5060.7560.0061.0062.2562.75none
Southwest Wyoming Sweet60.8361.9661.3661.7162.9360.7661.9761.3562.2663.6564.00E
Uinta Basin Black Wax53.0854.2153.6153.9655.4353.2654.4753.8554.7656.1556.50B
West Texas Intermediate61.7563.0062.2562.7563.5061.5062.7562.0063.0064.2564.75none
West Texas Sour (34°)57.0058.2557.5058.0058.7556.7558.0057.2558.2559.5060.00none
Western Colorado57.5858.7158.1158.4658.4356.2657.4756.8557.7659.1559.50B
East of the RockiesE118
06/18
E119
06/19
E120
06/20
E121
06/21
E122
06/22
E123
06/25
E124
06/26
E125
06/27
E126
06/28
E127
06/29
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax57.5957.6056.6957.1557.6457.6856.2757.4758.0759.1855.8253
Bonito Sour (Onshore)70.2570.2569.5070.0070.5070.5069.0070.2570.7572.0068.6917
Deepwater Sour (Onshore) (30°)63.7563.7562.7563.2563.7563.7562.2563.5064.0065.2561.9917
East Texas65.5065.5064.5065.0065.5065.5064.2565.5066.0067.0063.8500
Eugene Island Sour (Onshore)70.0070.0069.0069.5070.0070.0068.7570.0070.5071.5068.3500
Heavy Louisiana Sweet (Onshore)71.5071.5070.7571.0071.5071.7570.2571.5072.0073.2569.8917
Light Louisiana Sweet (Onshore)72.7572.7571.7572.2572.7572.7571.2572.5073.0074.2570.9917
New Mexico Intermediate65.7565.7564.7565.2565.7565.7564.5065.7566.2567.2564.1000
New Mexico Sour (34°)61.0061.0060.0060.5061.0061.0059.7561.0061.5062.5059.3500
North Texas Sweet65.7565.7564.7565.2565.7565.7564.5065.7566.2567.2564.1000
Oklahoma Sour61.3761.3860.4760.9361.4261.4660.0561.2561.8562.9659.7053
Oklahoma Sweet67.3767.3866.4766.9367.4267.4666.0567.2567.8568.9665.7053
South Texas Light Sweet63.7563.7562.7563.2563.7563.7562.5063.7564.2565.2562.1000
Southwest Wyoming Sweet65.0965.1064.1964.6565.1465.1863.7764.9765.5766.6863.3753
Uinta Basin Black Wax57.5957.6056.6957.1557.6457.6856.2757.4758.0759.1855.8253
West Texas Intermediate65.7565.7564.7565.2565.7565.7564.5065.7566.2567.2564.1000
West Texas Sour (34°)61.0061.0060.0060.5061.0061.0059.7561.0061.5062.5059.3500
Western Colorado60.5960.6059.6960.1560.6460.6859.2760.4761.0762.1859.1253
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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