Chevron
North America Crude Oil Marketing - March 2010 Summary East of the Rockies Bulletins 10-E40 to 10-E62, 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 RockiesE40
03/01
E41
03/02
E42
03/03
E43
03/04
E44
03/05
E45
03/08
E46
03/09
E47
03/10
E48
03/11
E49
03/12
E50
03/15
E51
03/16
Gvty
Adj*
Altamont Yellow Wax69.7070.6871.8771.2172.5072.8772.4973.0973.1172.2470.3072.20B
Bonito Sour (Onshore)77.0078.0079.2578.5079.7580.2579.7580.5080.5079.5078.2580.00A
Deepwater Sour (Onshore) (30°)75.2576.0077.2576.7578.0078.2578.0078.5078.5077.7576.2578.25F,G
East Texas75.0076.0077.2576.7578.0078.2578.0078.5078.5077.7576.2578.00none
Eugene Island Sour (Onshore)76.7577.7579.0078.2579.7580.0079.7580.2580.2579.5078.0079.75A
Heavy Louisiana Sweet (Onshore)77.5078.5079.7579.0080.5080.7580.5081.0081.0080.2578.7580.50A
Light Louisiana Sweet (Onshore)79.0080.0081.2580.5081.7582.2581.7582.2582.5081.5080.0082.00A
New Mexico Intermediate75.2576.2577.5077.0078.2578.5078.2578.7578.7578.0076.5078.25none
New Mexico Sour (34°)70.5071.5072.7572.2573.5073.7573.5074.0074.0073.2571.7573.50none
North Texas Sweet75.2576.2577.5077.0078.2578.5078.2578.7578.7578.0076.5078.25none
Oklahoma Sour70.5071.5072.7572.2573.5073.7573.5074.0074.0073.2571.7573.50none
Oklahoma Sweet75.2576.2577.5077.0078.2578.5078.2578.7578.7578.0076.5078.25none
Rocky Mountain Condensate64.4565.4366.6265.9667.2567.6267.2467.8467.8666.9965.3067.20H
South Texas Light Sweet73.2574.2575.5075.0076.2576.5076.2576.7576.7576.0074.5076.25none
Southwest Wyoming Sweet69.7070.6871.8771.2172.5072.8772.4973.0973.1172.2470.3072.20E
Uinta Basin Black Wax68.7069.6870.8770.2171.5071.8771.4972.0972.1171.2469.3071.20B
West Texas Intermediate75.2576.2577.5077.0078.2578.5078.2578.7578.7578.0076.5078.25none
West Texas Sour (34°)70.5071.5072.7572.2573.5073.7573.5074.0074.0073.2571.7573.50none
Western Colorado66.2067.1868.3767.7169.0069.3768.9969.5969.6168.7467.3069.20B
East of the RockiesE52
03/17
E53
03/18
E54
03/19
E55
03/22
E56
03/23
E57
03/24
E58
03/25
E59
03/26
E60
03/29
E61
03/30
E62
03/31
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax73.4372.7071.1871.7572.4171.1171.0370.5072.6772.8774.2671.9035
Bonito Sour (Onshore)81.2580.5079.0079.5080.2579.0079.0078.2580.5080.7582.0079.4919
Deepwater Sour (Onshore) (30°)79.2578.7577.0077.7578.2577.0077.0076.5078.5078.7580.2577.6210
East Texas79.2578.5077.0077.7578.2577.0077.0076.5078.5078.7580.2577.5968
Eugene Island Sour (Onshore)81.0080.2578.7579.5080.0078.7578.7578.2580.2580.5082.0079.3387
Heavy Louisiana Sweet (Onshore)81.7581.0079.5080.2580.7579.5079.5079.0081.0081.2582.7580.0887
Light Louisiana Sweet (Onshore)83.2582.5081.0081.5082.2581.0080.7580.2582.5082.7584.0081.4677
New Mexico Intermediate79.5078.7577.2578.0078.5077.2577.2576.7578.7579.0080.5077.8468
New Mexico Sour (34°)74.7574.0072.5073.2573.7572.5072.5072.0074.0074.2575.7573.0968
North Texas Sweet79.5078.7577.2578.0078.5077.2577.2576.7578.7579.0080.5077.8468
Oklahoma Sour74.7574.0072.5073.2573.7572.5072.5072.0074.0074.2575.7573.0968
Oklahoma Sweet79.5078.7577.2578.0078.5077.2577.2576.7578.7579.0080.5077.8468
Rocky Mountain Condensate68.4367.7066.1866.7567.4166.1166.0365.5067.6767.8769.2666.7906
South Texas Light Sweet77.5076.7575.2576.0076.5075.2575.2574.7576.7577.0078.5075.8468
Southwest Wyoming Sweet73.4372.7071.1871.7572.4171.1171.0370.5072.6772.8774.2671.9035
Uinta Basin Black Wax72.4371.7070.1870.7571.4170.1170.0369.5071.6771.8773.2670.9035
West Texas Intermediate79.5078.7577.2578.0078.5077.2577.2576.7578.7579.0080.5077.8468
West Texas Sour (34°)74.7574.0072.5073.2573.7572.5072.5072.0074.0074.2575.7573.0968
Western Colorado70.4369.7068.1868.7569.4168.1168.0367.5069.6769.8771.2668.6777
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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