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

North America Crude Oil Marketing - February 2001 Summary East of the Rockies Bulletins 01-E23 to 01-E41, 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	E23 02/01	E24 02/02	E25 02/05	E26 02/06	E27 02/07	E28 02/08	E29 02/09	E30 02/12	E31 02/13	E32 02/14	Gvty Adj*
Altamont Yellow Wax	29.82	31.19	30.55	30.35	31.27	31.59	31.03	30.51	30.36	29.71	B
Bonito Sour (Onshore)	26.75	28.25	27.50	27.25	27.75	28.00	27.25	25.75	25.75	25.75	A
Deepwater Sour (Onshore) (30ï¿½)	21.75	23.25	22.25	22.25	23.00	23.25	22.50	21.50	21.75	22.00	F,G
East Texas	30.79	32.16	31.52	31.32	32.24	32.56	32.00	31.48	31.33	30.68	none
Eugene Island Sour (Onshore)	25.75	27.25	26.50	26.25	26.75	27.00	26.25	24.75	24.75	24.75	A
Heavy Louisiana Sweet (Onshore)	28.50	30.00	29.50	29.00	29.75	30.00	29.25	28.50	28.25	27.75	A
Light Louisiana Sweet (Onshore)	29.50	30.75	30.00	29.75	30.75	30.75	30.25	29.25	29.25	28.75	A
New Mexico Intermediate	31.02	32.39	31.75	31.55	32.47	32.79	32.23	31.71	31.56	30.91	none
New Mexico Sour (34ï¿½)	27.81	29.18	28.54	28.34	29.26	29.58	29.02	28.50	28.35	27.70	none
North Texas Sweet	30.55	31.92	31.28	31.08	32.00	32.32	31.76	31.24	31.09	30.44	none
Oklahoma Sour	27.81	29.18	28.54	28.34	29.26	29.58	29.02	28.50	28.35	27.70	none
Oklahoma Sweet	31.28	32.65	32.01	31.81	32.73	33.05	32.49	31.97	31.82	31.17	none
South Texas Light Sweet	29.69	31.06	30.42	30.22	31.14	31.46	30.90	30.38	30.23	29.58	none
Southwest Wyoming Sweet	30.62	31.99	31.35	31.15	32.07	32.39	31.83	31.31	31.16	30.51	E
Uinta Basin Black Wax	26.57	27.94	27.30	27.10	28.02	28.34	27.78	27.26	27.11	26.46	B
West Texas Intermediate	30.45	31.82	31.18	30.98	31.90	32.22	31.66	31.14	30.99	30.34	none
West Texas Sour (34ï¿½)	27.25	28.62	27.98	27.78	28.70	29.02	28.46	27.94	27.79	27.14	none
Western Colorado	30.61	31.98	31.34	31.14	32.06	32.38	31.82	31.30	31.15	30.50	B

East of the Rockies	E33 02/15	E34 02/16	E35 02/20	E36 02/21	E37 02/22	E38 02/23	E39 02/26	E40 02/27	E41 02/28	Mthly Avg
Altamont Yellow Wax	28.80	29.16	28.58	28.53	28.82	29.04	28.42	28.13	27.39	29.7589
Bonito Sour (Onshore)	25.25	26.00	25.50	26.00	26.75	27.00	26.25	25.75	25.25	26.6696
Deepwater Sour (Onshore) (30ï¿½)	21.25	21.75	21.50	21.50	21.75	22.00	21.25	21.00	20.25	22.0179
East Texas	29.77	30.13	29.55	29.50	29.79	30.01	29.39	29.10	28.36	30.7289
Eugene Island Sour (Onshore)	24.00	25.00	24.50	24.75	25.00	25.25	25.25	24.75	24.25	25.5446
Heavy Louisiana Sweet (Onshore)	27.75	28.00	27.25	27.50	27.50	27.50	27.50	27.00	26.25	28.3661
Light Louisiana Sweet (Onshore)	27.75	28.25	27.75	27.75	28.00	28.00	27.50	27.25	26.50	28.9464
New Mexico Intermediate	30.00	30.36	29.78	29.73	30.02	30.24	29.62	29.33	28.59	30.9589
New Mexico Sour (34ï¿½)	26.79	27.15	26.57	26.52	26.81	27.03	26.41	26.12	25.38	27.7489
North Texas Sweet	29.53	29.89	29.31	29.26	29.55	29.77	29.15	28.86	28.12	30.4889
Oklahoma Sour	26.79	27.15	26.57	26.52	26.81	27.03	26.41	26.12	25.38	27.7489
Oklahoma Sweet	30.26	30.62	30.04	29.99	30.28	30.50	29.88	29.59	28.85	31.2189
South Texas Light Sweet	28.67	29.03	28.45	28.40	28.69	28.91	28.29	28.00	27.26	29.6289
Southwest Wyoming Sweet	29.60	29.96	29.38	29.33	29.62	29.84	29.22	28.93	28.19	30.5589
Uinta Basin Black Wax	25.55	25.91	25.33	25.28	25.57	25.79	25.17	24.88	24.14	26.5089
West Texas Intermediate	29.43	29.79	29.21	29.16	29.45	29.67	29.05	28.76	28.02	30.3889
West Texas Sour (34ï¿½)	26.23	26.59	26.01	25.96	26.25	26.47	25.85	25.56	24.82	27.1889
Western Colorado	29.59	29.95	29.37	29.32	29.61	29.83	29.21	28.92	28.18	30.5489

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.