Chevron
North America Crude Oil Marketing - November 2016 Summary East of the Rockies Bulletins 16-E211 to 16-E231, 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 RockiesE211
11/01
E212
11/02
E213
11/03
E214
11/04
E215
11/07
E216
11/08
E217
11/09
E218
11/10
E219
11/11
E220
11/14
E221
11/15
Gvty
Adj*
Altamont Yellow Wax41.9240.5939.9139.3240.1440.2340.5239.9138.6638.5741.06
Rocky Mountain Condensate37.1735.8435.1634.5735.3935.4835.7735.1633.9133.8236.31
Southwest Wyoming Sweet42.9241.5940.9140.3241.1441.2341.5240.9139.6639.5742.06
Uinta Basin Black Wax40.9239.5938.9138.3239.1439.2339.5238.9137.6637.5740.06
Western Colorado38.1736.8436.1635.5736.3936.4836.7736.1634.9134.8237.31
East of the RockiesE222
11/16
E223
11/17
E224
11/18
E225
11/21
E226
11/22
E227
11/23
E228
11/25
E229
11/28
E230
11/29
E231
11/30
Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax40.8240.6740.9442.7443.2843.2141.3142.3340.4844.6940.8323
Rocky Mountain Condensate36.0735.9236.1937.9938.5338.4636.5637.5835.7339.9436.0823
Southwest Wyoming Sweet41.8241.6741.9443.7444.2844.2142.3143.3341.4845.6941.8323
Uinta Basin Black Wax39.8239.6739.9441.7442.2842.2140.3141.3339.4843.6939.8323
Western Colorado37.0736.9237.1938.9939.5339.4637.5638.5836.7340.9437.0823
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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