Chevron
North America Crude Oil Marketing - May 2010 Summary East of the Rockies Bulletins 10-E84 to 10-E104, 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 RockiesE84
05/01
E85
05/03
E86
05/04
E87
05/05
E88
05/06
E89
05/07
E90
05/10
E91
05/11
E92
05/12
E93
05/13
E94
05/14
Gvty
Adj*
Altamont Yellow Wax76.6576.6973.2470.4767.6165.6167.3066.8766.1564.9062.11B
Bonito Sour (Onshore)85.0085.0081.5078.7576.0074.0075.7575.2574.5073.2570.50A
Deepwater Sour (Onshore) (30°)82.5082.5079.0076.2573.5071.5073.0072.7572.0070.7568.00F,G
East Texas82.5082.5079.2576.5073.5071.5073.2572.7572.0070.7568.00none
Eugene Island Sour (Onshore)85.0085.0081.5078.7576.0074.0075.5075.2574.5073.2570.50A
Heavy Louisiana Sweet (Onshore)86.7586.7583.5080.7577.7575.7577.5077.0076.2575.0072.25A
Light Louisiana Sweet (Onshore)87.5087.5084.0081.2578.5076.5078.0077.7577.0075.7573.00A
New Mexico Intermediate82.7582.7579.5076.7573.7571.7573.5073.0072.2571.0068.25none
New Mexico Sour (34°)78.0078.0074.7572.0069.0067.0068.7568.2567.5066.2563.50none
North Texas Sweet82.7582.7579.5076.7573.7571.7573.5073.0072.2571.0068.25none
Oklahoma Sour78.0078.0074.7572.0069.0067.0068.7568.2567.5066.2563.50none
Oklahoma Sweet82.7582.7579.5076.7573.7571.7573.5073.0072.2571.0068.25none
Rocky Mountain Condensate72.1572.1968.7465.9763.1161.1162.8062.3761.6560.4057.61H
South Texas Light Sweet80.7580.7577.5074.7571.7569.7571.5071.0070.2569.0066.25none
Southwest Wyoming Sweet77.1577.1973.7470.9768.1166.1167.8067.3766.6565.4062.61E
Uinta Basin Black Wax75.6575.6972.2469.4766.6164.6166.3065.8765.1563.9061.11B
West Texas Intermediate82.7582.7579.5076.7573.7571.7573.5073.0072.2571.0068.25none
West Texas Sour (34°)78.0078.0074.7572.0069.0067.0068.7568.2567.5066.2563.50none
Western Colorado73.6573.6970.2467.4764.6162.6164.3063.8763.1561.9059.11B
East of the RockiesE95
05/17
E96
05/18
E97
05/19
E98
05/20
E99
05/21
E100
05/24
E101
05/25
E102
05/26
E103
05/27
E104
05/28
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax60.5859.9160.3758.5160.5460.7159.2562.0165.0564.4765.0187
Bonito Sour (Onshore)69.0068.2568.7567.0069.0069.0067.5070.5073.5072.7573.3871
Deepwater Sour (Onshore) (30°)66.2565.7566.2564.2566.2566.5065.0067.7570.7570.2570.8226
East Texas66.5065.7566.2564.5066.5066.7565.2568.0071.0070.5070.9516
Eugene Island Sour (Onshore)69.0068.2568.7566.7568.7569.0067.5070.2573.2572.7573.3306
Heavy Louisiana Sweet (Onshore)70.7570.0070.5068.7570.7571.0069.5072.2575.2574.7575.2016
Light Louisiana Sweet (Onshore)71.5070.7571.2569.2571.2571.5070.0072.7575.7575.2575.8306
New Mexico Intermediate66.7566.0066.5064.7566.7567.0065.5068.2571.2570.7571.2016
New Mexico Sour (34°)62.0061.2561.7560.0062.0062.2560.7563.5066.5066.0066.4516
North Texas Sweet66.7566.0066.5064.7566.7567.0065.5068.2571.2570.7571.2016
Oklahoma Sour62.0061.2561.7560.0062.0062.2560.7563.5066.5066.0066.4516
Oklahoma Sweet66.7566.0066.5064.7566.7567.0065.5068.2571.2570.7571.2016
Rocky Mountain Condensate56.5855.9156.3754.5156.5456.7155.2558.0161.0560.4760.7606
South Texas Light Sweet64.7564.0064.5062.7564.7565.0063.5066.2569.2568.7569.2016
Southwest Wyoming Sweet61.0860.4160.8759.0161.0461.2159.7562.5165.5564.9765.5187
Uinta Basin Black Wax59.5858.9159.3757.5159.5459.7158.2561.0164.0563.4764.0187
West Texas Intermediate66.7566.0066.5064.7566.7567.0065.5068.2571.2570.7571.2016
West Texas Sour (34°)62.0061.2561.7560.0062.0062.2560.7563.5066.5066.0066.4516
Western Colorado57.5856.9157.3755.5157.5457.7156.2559.0162.0561.4762.0187
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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