North America Crude Oil Marketing - July 2001 Summary East of the Rockies Bulletins 01-E128 to 01-E149, 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	E128 07/01	E129 07/02	E130 07/03	E131 07/05	E132 07/06	E133 07/09	E134 07/10	E135 07/11	E136 07/12	E137 07/13	E138 07/16	E139 07/17	Gvty Adj*
Altamont Yellow Wax	26.50	26.20	26.49	27.27	28.46	27.84	27.74	27.36	27.05	26.84	26.31	25.82	B
Bonito Sour (Onshore)	25.25	24.75	25.25	26.00	27.00	26.50	26.50	26.00	25.75	25.50	25.00	24.50	A
Deepwater Sour (Onshore) (30�)	22.25	21.75	22.00	23.00	24.00	23.50	23.25	23.00	22.75	22.50	22.00	21.50	F,G
East Texas	25.58	25.28	25.57	26.35	27.54	26.92	26.82	26.44	26.13	25.92	25.39	24.90	none
Eugene Island Sour (Onshore)	25.50	25.25	25.50	26.25	27.50	26.75	26.75	26.50	26.00	25.75	25.25	24.75	A
Heavy Louisiana Sweet (Onshore)	26.75	26.25	26.75	27.50	28.75	28.00	28.00	27.50	27.25	27.00	26.50	26.00	A
Light Louisiana Sweet (Onshore)	26.25	26.00	26.25	27.25	28.25	27.75	27.50	27.25	27.00	26.75	26.25	25.75	A
New Mexico Intermediate	25.97	25.67	25.96	26.74	27.93	27.31	27.21	26.83	26.52	26.31	25.78	25.29	none
New Mexico Sour (34�)	23.70	23.40	23.69	24.47	25.66	25.04	24.94	24.56	24.25	24.04	23.51	23.02	none
North Texas Sweet	25.34	25.04	25.33	26.11	27.30	26.68	26.58	26.20	25.89	25.68	25.15	24.66	none
Oklahoma Sour	23.70	23.40	23.69	24.47	25.66	25.04	24.94	24.56	24.25	24.04	23.51	23.02	none
Oklahoma Sweet	26.07	25.77	26.06	26.84	28.03	27.41	27.31	26.93	26.62	26.41	25.88	25.39	none
South Texas Light Sweet	24.64	24.34	24.63	25.41	26.60	25.98	25.88	25.50	25.19	24.98	24.45	23.96	none
Southwest Wyoming Sweet	27.05	26.75	27.04	27.82	29.01	28.39	28.29	27.91	27.60	27.39	26.86	26.37	E
Uinta Basin Black Wax	23.00	22.70	22.99	23.77	24.96	24.34	24.24	23.86	23.55	23.34	22.81	22.32	B
West Texas Intermediate	25.40	25.10	25.39	26.17	27.36	26.74	26.64	26.26	25.95	25.74	25.21	24.72	none
West Texas Sour (34�)	23.14	22.84	23.13	23.91	25.10	24.48	24.38	24.00	23.69	23.48	22.95	22.46	none
Western Colorado	27.04	26.74	27.03	27.81	29.00	28.38	28.28	27.90	27.59	27.38	26.85	26.36	B

East of the Rockies	E140 07/18	E141 07/19	E142 07/20	E143 07/23	E144 07/24	E145 07/25	E146 07/26	E147 07/27	E148 07/30	E149 07/31		Gvty Adj*	Mthly Avg
Altamont Yellow Wax	25.14	24.95	25.84	26.37	26.56	27.09	26.98	27.27	26.88	26.60			26.8023
Bonito Sour (Onshore)	23.75	23.50	24.50	25.00	25.25	25.75	25.75	26.00	25.50	25.25			25.4677
Deepwater Sour (Onshore) (30�)	20.75	20.50	21.50	22.00	22.25	22.75	22.50	23.00	22.50	22.25			22.4355
East Texas	24.22	24.03	24.92	25.45	25.64	26.17	26.06	26.35	25.96	25.68			25.8823
Eugene Island Sour (Onshore)	24.25	24.00	24.75	25.50	25.50	26.00	26.00	26.25	26.00	25.75			25.7984
Heavy Louisiana Sweet (Onshore)	25.25	25.00	26.00	26.50	26.75	27.25	27.25	27.50	27.00	26.75			26.9919
Light Louisiana Sweet (Onshore)	25.00	24.75	25.75	26.25	26.50	27.00	26.75	27.25	26.75	26.50			26.6774
New Mexico Intermediate	24.61	24.42	25.31	25.84	26.03	26.56	26.45	26.74	26.35	26.07			26.2723
New Mexico Sour (34�)	22.34	22.15	23.04	23.57	23.76	24.29	24.18	24.47	24.08	23.80			24.0023
North Texas Sweet	23.98	23.79	24.68	25.21	25.40	25.93	25.82	26.11	25.72	25.44			25.6423
Oklahoma Sour	22.34	22.15	23.04	23.57	23.76	24.29	24.18	24.47	24.08	23.80			24.0023
Oklahoma Sweet	24.71	24.52	25.41	25.94	26.13	26.66	26.55	26.84	26.45	26.17			26.3723
South Texas Light Sweet	23.28	23.09	23.98	24.51	24.70	25.23	25.12	25.41	25.02	24.74			24.9423
Southwest Wyoming Sweet	25.69	25.50	26.39	26.92	27.11	27.64	27.53	27.82	27.43	27.15			27.3523
Uinta Basin Black Wax	21.64	21.45	22.34	22.87	23.06	23.59	23.48	23.77	23.38	23.10			23.3023
West Texas Intermediate	24.04	23.85	24.74	25.27	25.46	25.99	25.88	26.17	25.78	25.50			25.7023
West Texas Sour (34�)	21.78	21.59	22.48	23.01	23.20	23.73	23.62	23.91	23.52	23.24			23.4423
Western Colorado	25.68	25.49	26.38	26.91	27.10	27.63	27.52	27.81	27.42	27.14			27.3423

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.