Chevron
North America Crude Oil Marketing - August 2012 Summary California Bulletins 12-CA147 to 12-CA169, 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
CaliforniaAPICA147
08/01
CA148
08/02
CA149
08/03
CA150
08/06
CA151
08/07
CA152
08/08
CA153
08/09
CA154
08/10
CA155
08/13
CA156
08/14
CA157
08/15
CA158
08/16
Buena Vista Hills102.65100.85105.15105.95107.45107.15107.15106.65106.50107.20108.10109.40
Midway Sunset97.2095.4099.70100.50102.00101.70101.70101.20101.05101.75102.65103.95
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°API0.04250.04250.04250.04250.04250.04250.04250.04250.04250.04250.04250.0425
CaliforniaAPICA159
08/17
CA160
08/20
CA161
08/21
CA162
08/22
CA163
08/23
CA164
08/24
CA165
08/27
CA166
08/28
CA167
08/29
CA168
08/30
CA169
08/31
Mthly
Avg
Buena Vista Hills109.80109.80111.50112.10111.60111.50110.80111.65110.80109.95111.80108.4419
Midway Sunset104.35104.35106.05106.65106.15106.05105.35106.20105.35104.50106.35102.9919
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°API0.04250.04250.04250.04250.04250.04250.04250.04250.04250.04250.04250.0425
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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