Chevron
North America Crude Oil Marketing - July 2018 Summary California Bulletins 18-CA126 to 18-CA135, 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
CaliforniaAPICA126
07/02
CA127
07/03
CA128
07/05
CA129
07/06
CA130
07/09
CA131
07/10
CA132
07/11
CA133
07/12
CA134
07/13
CA135
07/16
 
Buena Vista Hills79.9080.1078.9079.7679.8180.0774.5974.5475.2272.27 
Midway Sunset75.3575.5574.3575.2175.2675.5270.0469.9970.6767.72 
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
34.0° to 40.0°API0.01000.01000.01000.01000.01000.01000.01000.01000.01000.0100
Below 34.0°API0.03500.03500.03500.03500.03500.03500.03500.03500.03500.0350
CaliforniaAPI          Mthly
Avg
Buena Vista Hills          77.8644
Midway Sunset          73.3144
Gravity AdjustmentPrice Adjustment $/bbl/Tenth°API
Above 40.0°API           0.0000
34.0° to 40.0°API           0.0100
Below 34.0°API           0.0350
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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