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

North America Crude Oil Marketing - November 2001 Summary East of the Rockies Bulletins 01-E212 to 01-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.

POSTINGS WILL BE DISCONTINUED AS OF 8/1/19

* Prices are subject to a Gravity Adjustment Scale

East of the Rockies	E212 11/01	E213 11/02	E214 11/05	E215 11/06	E216 11/07	E217 11/08	E218 11/09	E219 11/12	E220 11/13	E221 11/14	E222 11/15	Gvty Adj*
Altamont Yellow Wax	20.64	20.43	20.27	20.17	20.34	21.42	22.47	21.48	21.92	19.99	17.70	B
Bonito Sour (Onshore)	18.25	18.00	17.75	17.75	18.00	19.00	20.00	19.00	19.50	17.50	15.25	A
Deepwater Sour (Onshore) (30ï¿½)	15.50	15.25	15.25	15.00	15.25	16.25	17.25	16.25	16.75	14.75	12.50	F,G
East Texas	19.57	19.36	19.20	19.10	19.27	20.35	21.40	20.41	20.85	18.92	16.63	none
Eugene Island Sour (Onshore)	18.00	17.75	17.75	17.50	17.75	18.75	19.75	18.75	19.25	17.25	15.00	A
Heavy Louisiana Sweet (Onshore)	19.75	19.50	19.25	19.25	19.25	20.50	21.50	20.50	21.00	19.00	16.75	A
Light Louisiana Sweet (Onshore)	19.75	19.75	19.50	19.25	19.50	20.50	21.75	20.75	21.00	19.25	17.00	A
New Mexico Intermediate	19.77	19.56	19.40	19.30	19.47	20.55	21.60	20.61	21.05	19.12	16.83	none
New Mexico Sour (34ï¿½)	18.08	17.87	17.71	17.61	17.78	18.86	19.91	18.92	19.36	17.43	15.14	none
North Texas Sweet	19.19	18.98	18.82	18.72	18.89	19.97	21.02	20.03	20.47	18.54	16.25	none
Oklahoma Sour	18.08	17.87	17.71	17.61	17.78	18.86	19.91	18.92	19.36	17.43	15.14	none
Oklahoma Sweet	20.06	19.85	19.69	19.59	19.76	20.84	21.89	20.90	21.34	19.41	17.12	none
South Texas Light Sweet	18.44	18.23	18.07	17.97	18.14	19.22	20.27	19.28	19.72	17.79	15.50	none
Southwest Wyoming Sweet	21.19	20.98	20.82	20.72	20.89	21.97	23.02	22.03	22.47	20.54	18.25	E
Uinta Basin Black Wax	17.14	16.93	16.77	16.67	16.84	17.92	18.97	17.98	18.42	16.49	14.20	B
West Texas Intermediate	19.24	19.03	18.87	18.77	18.94	20.02	21.07	20.08	20.52	18.59	16.30	none
West Texas Sour (34ï¿½)	17.62	17.41	17.25	17.15	17.32	18.40	19.45	18.46	18.90	16.97	14.68	none
Western Colorado	21.18	20.97	20.81	20.71	20.88	21.96	23.01	22.02	22.46	20.53	18.24	B

East of the Rockies	E223 11/16	E224 11/19	E225 11/20	E226 11/21	E227 11/26	E228 11/27	E229 11/28	E230 11/29	E231 11/30	Mthly Avg
Altamont Yellow Wax	18.28	17.97	19.40	19.21	18.94	19.73	19.47	18.87	19.69	19.9197
Bonito Sour (Onshore)	15.75	15.50	17.00	16.75	16.50	17.25	17.00	16.50	17.25	17.4667
Deepwater Sour (Onshore) (30ï¿½)	13.25	12.75	14.25	14.00	13.75	14.50	14.25	13.75	14.50	14.7500
East Texas	17.21	16.90	18.33	18.14	17.87	18.66	18.40	17.80	18.62	18.8497
Eugene Island Sour (Onshore)	15.75	15.25	16.75	16.50	16.25	17.00	16.75	16.25	17.00	17.2500
Heavy Louisiana Sweet (Onshore)	17.25	17.00	18.50	18.25	18.00	18.75	18.50	17.75	18.75	18.9500
Light Louisiana Sweet (Onshore)	17.50	17.25	18.50	18.50	18.25	19.00	18.75	18.00	19.00	19.1583
New Mexico Intermediate	17.41	17.10	18.53	18.34	18.07	18.86	18.60	18.00	18.82	19.0497
New Mexico Sour (34ï¿½)	15.72	15.41	16.84	16.65	16.38	17.17	16.91	16.31	17.13	17.3597
North Texas Sweet	16.83	16.52	17.95	17.76	17.49	18.28	18.02	17.42	18.24	18.4697
Oklahoma Sour	15.72	15.41	16.84	16.65	16.38	17.17	16.91	16.31	17.13	17.3597
Oklahoma Sweet	17.70	17.39	18.82	18.63	18.36	19.15	18.89	18.29	19.11	19.3397
South Texas Light Sweet	16.08	15.77	17.20	17.01	16.74	17.53	17.27	16.67	17.49	17.7197
Southwest Wyoming Sweet	18.83	18.52	19.95	19.76	19.49	20.28	20.02	19.42	20.24	20.4697
Uinta Basin Black Wax	14.78	14.47	15.90	15.71	15.44	16.23	15.97	15.37	16.19	16.4197
West Texas Intermediate	16.88	16.57	18.00	17.81	17.54	18.33	18.07	17.47	18.29	18.5197
West Texas Sour (34ï¿½)	15.26	14.95	16.38	16.19	15.92	16.71	16.45	15.85	16.67	16.8997
Western Colorado	18.82	18.51	19.94	19.75	19.48	20.27	20.01	19.41	20.23	20.4597

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.