Chevron Crude Oil Marketing - North America - January 2001 East of the Rockies Summary

North America Crude Oil Marketing - January 2001 Summary East of the Rockies Bulletins 01-E1 to 01-E22, 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.

POSTINGS WILL BE DISCONTINUED AS OF 8/1/19

* Prices are subject to a Gravity Adjustment Scale

East of the Rockies	E1 01/01	E2 01/02	E3 01/03	E4 01/04	E5 01/05	E6 01/08	E7 01/09	E8 01/10	E9 01/11	E10 01/12	E11 01/16	E12 01/17	Gvty Adj*
Altamont Yellow Wax	26.80	27.21	28.00	28.14	27.95	27.32	27.64	29.48	29.41	30.05	30.29	29.60	B
Bonito Sour (Onshore)	25.00	25.50	26.50	26.50	26.25	25.50	25.25	26.75	27.00	27.50	28.25	27.25	A
Deepwater Sour (Onshore) (30ï¿½)	21.00	21.50	22.25	22.25	21.50	20.75	20.50	22.00	22.00	22.75	23.00	20.00	F,G
East Texas	27.22	27.63	28.42	28.56	28.37	27.74	28.06	29.90	29.83	30.47	30.71	30.02	none
Eugene Island Sour (Onshore)	25.00	25.50	26.25	26.25	26.00	25.00	24.75	26.50	26.50	27.25	27.75	26.50	A
Heavy Louisiana Sweet (Onshore)	26.75	27.25	28.00	28.00	27.75	27.00	27.25	28.75	29.00	30.00	30.25	29.25	A
Light Louisiana Sweet (Onshore)	26.75	27.25	27.75	28.00	27.75	27.00	27.25	29.00	29.00	29.75	30.00	29.25	A
New Mexico Intermediate	27.49	27.90	28.69	28.83	28.64	28.01	28.33	30.17	30.10	30.74	30.98	30.29	none
New Mexico Sour (34ï¿½)	24.86	25.27	26.06	26.20	26.01	25.38	25.70	27.54	27.47	28.11	28.35	27.66	none
North Texas Sweet	26.98	27.39	28.18	28.32	28.13	27.50	27.82	29.66	29.59	30.23	30.47	29.78	none
Oklahoma Sour	24.86	25.27	26.06	26.20	26.01	25.38	25.70	27.54	27.47	28.11	28.35	27.66	none
Oklahoma Sweet	27.71	28.12	28.91	29.05	28.86	28.23	28.55	30.39	30.32	30.96	31.20	30.51	none
South Texas Light Sweet	26.16	26.57	27.36	27.50	27.31	26.68	27.00	28.84	28.77	29.41	29.65	28.96	none
Southwest Wyoming Sweet	27.60	28.01	28.80	28.94	28.75	28.12	28.44	30.28	30.21	30.85	31.09	30.40	E
Uinta Basin Black Wax	23.55	23.96	24.75	24.89	24.70	24.07	24.39	26.23	26.16	26.80	27.04	26.35	B
West Texas Intermediate	26.92	27.33	28.12	28.26	28.07	27.44	27.76	29.60	29.53	30.17	30.41	29.72	none
West Texas Sour (34ï¿½)	24.30	24.71	25.50	25.64	25.45	24.82	25.14	26.98	26.91	27.55	27.79	27.10	none
Western Colorado	27.59	28.00	28.79	28.93	28.74	28.11	28.43	30.27	30.20	30.84	31.08	30.39	B

East of the Rockies	E13 01/18	E14 01/19	E15 01/22	E16 01/23	E17 01/24	E18 01/25	E19 01/26	E20 01/29	E21 01/30	E22 01/31	Mthly Avg
Altamont Yellow Wax	30.45	32.19	32.19	29.57	29.05	29.36	29.77	29.06	29.06	28.66	29.3942
Bonito Sour (Onshore)	27.75	29.25	29.75	27.00	26.25	26.50	27.75	26.50	25.75	25.50	27.0403
Deepwater Sour (Onshore) (30ï¿½)	21.25	23.00	23.00	22.25	21.50	21.50	21.75	20.75	20.50	20.50	21.8145
East Texas	30.87	32.61	32.61	29.99	29.47	29.78	30.19	29.48	29.48	29.08	29.8142
Eugene Island Sour (Onshore)	27.00	28.25	29.00	26.50	25.75	26.00	27.00	25.50	24.75	24.50	26.5081
Heavy Louisiana Sweet (Onshore)	30.50	32.75	32.75	29.00	28.25	28.50	29.00	28.00	27.75	27.25	29.0968
Light Louisiana Sweet (Onshore)	30.25	32.25	32.50	29.25	28.50	28.75	29.25	28.50	28.50	28.25	29.1129
New Mexico Intermediate	31.14	32.88	32.88	30.26	29.74	30.05	30.46	29.75	29.75	29.35	30.0842
New Mexico Sour (34ï¿½)	28.51	30.25	30.25	27.63	27.11	27.42	27.83	27.12	27.12	26.72	27.4542
North Texas Sweet	30.63	32.37	32.37	29.75	29.23	29.54	29.95	29.24	29.24	28.84	29.5742
Oklahoma Sour	28.51	30.25	30.25	27.63	27.11	27.42	27.83	27.12	27.12	26.72	27.4542
Oklahoma Sweet	31.36	33.10	33.10	30.48	29.96	30.27	30.68	29.97	29.97	29.57	30.3042
South Texas Light Sweet	29.81	31.55	31.55	28.93	28.41	28.72	29.13	28.42	28.42	28.02	28.7542
Southwest Wyoming Sweet	31.25	32.99	32.99	30.37	29.85	30.16	30.57	29.86	29.86	29.46	30.1942
Uinta Basin Black Wax	27.20	28.94	28.94	26.32	25.80	26.11	26.52	25.81	25.81	25.41	26.1442
West Texas Intermediate	30.57	32.31	32.31	29.69	29.17	29.48	29.89	29.18	29.18	28.78	29.5142
West Texas Sour (34ï¿½)	27.95	29.69	29.69	27.07	26.55	26.86	27.27	26.56	26.56	26.16	26.8942
Western Colorado	31.24	32.98	32.98	30.36	29.84	30.15	30.56	29.85	29.85	29.45	30.1842

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.