California - Bulletin 14-CA167
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
Note: Prices in $/bbl
|Buena Vista Hills||97.51||1.16|
Prices for crude oil and condensate will be adjusted to the nearest tenth °API using the following price adjustments for gravity variations from the posted gravity.
|34.0° to 40.0°API||0.0010|
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.