Chevron
North America Crude Oil Marketing - November 2009 Summary East of the Rockies Bulletins 09-E215 to 09-E235, 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 RockiesE215
11/01
E216
11/02
E217
11/03
E218
11/04
E219
11/05
E220
11/06
E221
11/09
E222
11/10
E223
11/11
E224
11/12
E225
11/13
Gvty
Adj*
Altamont Yellow Wax68.0069.1370.6071.4070.6268.4370.4370.0570.2867.9467.35B
Bonito Sour (Onshore)75.0076.0077.5078.2577.5075.2577.2577.0077.2574.7574.25A
Deepwater Sour (Onshore) (30°)72.5073.5075.0075.7575.0072.7574.7574.5074.7572.2571.75F,G
East Texas73.5074.5076.0076.7576.0073.7575.7575.5075.7573.2572.75none
Eugene Island Sour (Onshore)74.7575.7577.2578.0077.2575.2577.2576.7577.0074.7574.00A
Heavy Louisiana Sweet (Onshore)75.7577.0078.5079.2578.5076.2578.2578.0078.2575.7575.25A
Light Louisiana Sweet (Onshore)77.0078.0079.5080.2579.5077.2579.2579.0079.2576.7576.25A
New Mexico Intermediate73.7574.7576.2577.0076.2574.0076.0075.7576.0073.5073.00none
New Mexico Sour (34°)69.0070.0071.5072.2571.5069.2571.2571.0071.2568.7568.25none
North Texas Sweet73.7574.7576.2577.0076.2574.0076.0075.7576.0073.5073.00none
Oklahoma Sour69.0070.0071.5072.2571.5069.2571.2571.0071.2568.7568.25none
Oklahoma Sweet73.7574.7576.2577.0076.2574.0076.0075.7576.0073.5073.00none
Rocky Mountain Condensate62.0063.1364.6065.4064.6262.4364.4364.0564.2861.9461.35H
South Texas Light Sweet71.7572.7574.2575.0074.2572.0074.0073.7574.0071.5071.00none
Southwest Wyoming Sweet68.7569.8871.3572.1571.3769.1871.1870.8071.0368.6968.10E
Uinta Basin Black Wax67.0068.1369.6070.4069.6267.4369.4369.0569.2866.9466.35B
West Texas Intermediate73.7574.7576.2577.0076.2574.0076.0075.7576.0073.5073.00none
West Texas Sour (34°)69.0070.0071.5072.2571.5069.2571.2571.0071.2568.7568.25none
Western Colorado66.7567.8869.3570.1569.3767.1869.1868.8069.0366.6966.10B
East of the RockiesE226
11/16
E227
11/17
E228
11/18
E229
11/19
E230
11/20
E231
11/23
E232
11/24
E233
11/25
E234
11/27
E235
11/30
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax68.9069.1469.5867.4666.7267.5666.0267.9666.0567.2868.1987
Bonito Sour (Onshore)76.7577.0077.5075.2574.5075.5074.0075.7574.0075.2575.5750
Deepwater Sour (Onshore) (30°)74.2574.5075.0073.0072.2573.0071.5073.5071.5072.7573.1250
East Texas75.2575.5076.0074.0073.2574.0072.5074.5072.5073.7574.1250
Eugene Island Sour (Onshore)76.5076.7577.2575.2574.5075.2573.7575.7573.7575.0075.4167
Heavy Louisiana Sweet (Onshore)77.7578.0078.5076.2575.5076.5075.0076.7575.0076.2576.5667
Light Louisiana Sweet (Onshore)78.7579.0079.5077.5076.7577.5076.0078.0076.0077.2577.6250
New Mexico Intermediate75.5075.7576.2574.2573.5074.2572.7574.7572.7574.0074.3750
New Mexico Sour (34°)70.7571.0071.5069.5068.7569.5068.0070.0068.0069.2569.6250
North Texas Sweet75.5075.7576.2574.2573.5074.2572.7574.7572.7574.0074.3750
Oklahoma Sour70.7571.0071.5069.5068.7569.5068.0070.0068.0069.2569.6250
Oklahoma Sweet75.5075.7576.2574.2573.5074.2572.7574.7572.7574.0074.3750
Rocky Mountain Condensate63.4063.6464.0861.9661.2262.0660.5262.4660.5561.7862.4487
South Texas Light Sweet73.5073.7574.2572.2571.5072.2570.7572.7570.7572.0072.3750
Southwest Wyoming Sweet69.4069.6470.0867.9667.2268.0666.5268.4666.5567.7868.8237
Uinta Basin Black Wax67.9068.1468.5866.4665.7266.5665.0266.9665.0566.2867.1987
West Texas Intermediate75.5075.7576.2574.2573.5074.2572.7574.7572.7574.0074.3750
West Texas Sour (34°)70.7571.0071.5069.5068.7569.5068.0070.0068.0069.2569.6250
Western Colorado67.1567.3967.8365.7164.9765.8164.2766.2164.3065.5366.6987
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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