Chevron Crude Oil Marketing - North America - April 2002 California Summary

North America Crude Oil Marketing - April 2002 Summary California Bulletins 02-CA25 to 02-CA37, 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	CA25 04/01	CA26 04/02	CA27 04/04	CA28 04/05	CA29 04/09	CA30 04/11	CA31 04/12
Asphalto	24.25	25.25	24.75	24.50	24.00	23.10	21.85
Belridge Hvy (under 28ï¿½)	21.15	22.15	21.65	21.40	20.90	20.40	19.15
Belridge Lt (over 28ï¿½)	24.10	25.10	24.60	24.35	23.85	23.00	21.75
Buena Vista Hills	23.20	24.20	23.70	23.45	22.95	22.20	20.95
Cal Canal	25.05	26.05	25.55	25.30	24.80	23.90	22.65
Coalinga	21.45	22.45	21.95	21.70	21.20	20.70	19.45
Cymric	20.85	21.85	21.35	21.10	20.60	20.10	18.85
Huntington Beach	21.95	22.95	22.45	22.20	21.70	21.10	19.85
Kern River	21.00	22.00	21.50	21.25	20.75	20.25	19.00
Kettleman Hills	24.45	25.45	24.95	24.70	24.20	23.30	22.05
Lost Hills	24.05	25.05	24.55	24.30	23.80	22.95	21.70
McKittrick	21.00	22.00	21.50	21.25	20.75	20.25	19.00
Midway Sunset	21.00	22.00	21.50	21.25	20.75	20.25	19.00
Montebello	22.75	23.75	23.25	23.00	22.50	21.85	20.60
Pt Arguello (onshore)	17.65	18.65	18.15	17.90	17.40	16.90	15.65
Railroad Gap	24.15	25.15	24.65	24.40	23.90	23.00	21.75
San Ardo	19.55	20.55	20.05	19.80	19.30	18.85	17.60
Seal Beach	23.60	24.60	24.10	23.85	23.35	22.60	21.35

California	CA32 04/15	CA33 04/17	CA34 04/18	CA35 04/25	CA36 04/26	CA37 04/29	Mthly Avg
Asphalto	22.60	23.45	23.95	24.20	24.70	25.20	23.9717
Belridge Hvy (under 28ï¿½)	19.90	21.10	21.60	21.85	22.35	22.85	21.3017
Belridge Lt (over 28ï¿½)	22.50	23.40	23.90	24.15	24.65	25.15	23.8783
Buena Vista Hills	21.70	22.70	23.20	23.45	23.95	24.45	23.0917
Cal Canal	23.40	24.20	24.70	24.95	25.45	25.95	24.7483
Coalinga	20.20	21.40	21.90	22.15	22.65	23.15	21.6017
Cymric	19.60	20.90	21.40	21.65	22.15	22.65	21.0483
Huntington Beach	20.60	21.75	22.25	22.50	23.00	23.50	22.0117
Kern River	19.75	21.00	21.50	21.75	22.25	22.75	21.1750
Kettleman Hills	22.80	23.60	24.10	24.35	24.85	25.35	24.1483
Lost Hills	22.45	23.35	23.85	24.10	24.60	25.10	23.8283
McKittrick	19.75	21.00	21.50	21.75	22.25	22.75	21.1750
Midway Sunset	19.75	21.00	21.50	21.75	22.25	22.75	21.1750
Montebello	21.35	22.40	22.90	23.15	23.65	24.15	22.7317
Pt Arguello (onshore)	16.40	17.65	18.15	18.40	18.90	19.40	17.8250
Railroad Gap	22.50	23.40	23.90	24.15	24.65	25.15	23.8950
San Ardo	18.35	19.65	20.15	20.40	20.90	21.40	19.7817
Seal Beach	22.10	23.05	23.55	23.80	24.30	24.80	23.4683

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.