Chevron Crude Oil Marketing - North America - October 2001 California Summary

North America Crude Oil Marketing - October 2001 Summary California Bulletins 01-CA59 to 01-CA63, 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

California	CA59 10/03	CA60 10/11	CA61 10/12
Asphalto	18.60	19.35	18.85
Belridge Hvy (under 28ï¿½)	15.15	15.90	15.40
Belridge Lt (over 28ï¿½)	18.40	19.15	18.65
Buena Vista Hills	17.45	18.20	17.70
Cal Canal	19.45	20.20	19.70
Coalinga	15.45	16.20	15.70
Cymric	14.80	15.55	15.05
Huntington Beach	16.05	16.80	16.30
Kern River	15.00	15.75	15.25
Kettleman Hills	18.85	19.60	19.10
Lost Hills	18.35	19.10	18.60
McKittrick	15.00	15.75	15.25
Midway Sunset	15.00	15.75	15.25
Montebello	16.95	17.70	17.20
Pt Arguello (onshore)	11.65	12.40	11.90
Railroad Gap	18.50	19.25	18.75
Seal Beach	17.90	18.65	18.15

California	CA62 10/18	CA63 10/31	Mthly Avg
Asphalto	18.10	17.60	18.4790
Belridge Hvy (under 28ï¿½)	14.65	14.15	15.0290
Belridge Lt (over 28ï¿½)	17.90	17.40	18.2790
Buena Vista Hills	16.95	16.45	17.3290
Cal Canal	18.95	18.45	19.3290
Coalinga	14.95	14.45	15.3290
Cymric	14.30	13.80	14.6790
Huntington Beach	15.55	15.05	15.9290
Kern River	14.50	14.00	14.8790
Kettleman Hills	18.35	17.85	18.7290
Lost Hills	17.85	17.35	18.2290
McKittrick	14.50	14.00	14.8790
Midway Sunset	14.50	14.00	14.8790
Montebello	16.45	15.95	16.8290
Pt Arguello (onshore)	11.15	10.65	11.5290
Railroad Gap	18.00	17.50	18.3790
Seal Beach	17.40	16.90	17.7790

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.