Chevron Crude Oil Marketing - North America - April 2004 East of the Rockies Summary

North America Crude Oil Marketing - April 2004 Summary East of the Rockies Bulletins 04-E64 to 04-E84, 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	E64 04/01	E65 04/02	E66 04/05	E67 04/06	E68 04/07	E69 04/08	E70 04/12	E71 04/13	E72 04/14	E73 04/15	E74 04/16	Gvty Adj*
Altamont Yellow Wax	34.27	34.39	34.38	34.97	36.15	37.14	37.84	37.21	36.72	37.57	37.74	B
Bonito Sour (Onshore)	32.25	32.25	32.25	33.00	34.00	35.00	35.75	35.25	34.75	35.50	35.75	A
Deepwater Sour (Onshore) (30ï¿½)	29.50	29.50	29.50	30.25	31.25	32.25	33.00	32.50	32.00	32.75	33.00	F,G
East Texas	30.75	30.75	30.75	31.50	32.75	33.50	34.25	33.75	33.25	34.00	34.25	none
Eugene Island Sour (Onshore)	31.75	31.75	31.75	32.50	33.50	34.50	35.25	34.75	34.25	35.00	35.25	A
Heavy Louisiana Sweet (Onshore)	33.75	34.00	34.00	34.50	35.75	36.75	37.50	36.75	36.25	37.25	37.25	A
Light Louisiana Sweet (Onshore)	34.25	34.25	34.25	35.00	36.00	37.00	37.75	37.25	36.75	37.50	37.75	A
New Mexico Intermediate	35.01	35.13	35.12	35.71	36.89	37.88	38.58	37.95	37.46	38.31	38.48	none
New Mexico Sour (34ï¿½)	31.69	31.81	31.80	32.39	33.57	34.56	35.26	34.63	34.14	34.99	35.16	none
North Texas Sweet	31.00	31.00	31.00	31.75	33.00	33.75	34.50	34.00	33.50	34.25	34.50	none
Oklahoma Sour	31.69	31.81	31.80	32.39	33.57	34.56	35.26	34.63	34.14	34.99	35.16	none
Oklahoma Sweet	35.22	35.34	35.33	35.92	37.10	38.09	38.79	38.16	37.67	38.52	38.69	none
South Texas Light Sweet	29.00	29.00	29.00	29.75	31.00	31.75	32.50	32.00	31.50	32.25	32.50	none
Southwest Wyoming Sweet	35.07	35.19	35.18	35.77	36.95	37.94	38.64	38.01	37.52	38.37	38.54	E
Uinta Basin Black Wax	31.52	31.64	31.63	32.22	33.40	34.39	35.09	34.46	33.97	34.82	34.99	B
West Texas Intermediate	31.00	31.00	31.00	31.75	33.00	33.75	34.50	34.00	33.50	34.25	34.50	none
West Texas Sour (34ï¿½)	26.25	26.25	26.25	27.00	28.25	29.00	29.75	29.25	28.75	29.50	29.75	none
Western Colorado	35.06	35.18	35.17	35.76	36.94	37.93	38.63	38.00	37.51	38.36	38.53	B

East of the Rockies	E75 04/19	E76 04/20	E77 04/21	E78 04/22	E79 04/23	E80 04/26	E81 04/27	E82 04/28	E83 04/29	E84 04/30	Mthly Avg
Altamont Yellow Wax	37.42	37.60	35.73	36.71	36.46	36.97	37.53	37.46	37.31	37.38	36.5850
Bonito Sour (Onshore)	35.25	35.50	33.75	34.75	34.50	35.00	35.50	35.50	35.25	35.25	34.5333
Deepwater Sour (Onshore) (30ï¿½)	32.50	32.75	31.00	32.00	31.75	32.25	32.75	32.75	32.50	32.50	31.7833
East Texas	33.75	34.00	32.25	33.25	33.00	33.50	34.00	34.00	33.75	33.75	33.0417
Eugene Island Sour (Onshore)	34.75	35.00	33.25	34.25	34.00	34.50	35.00	35.00	34.75	34.75	34.0333
Heavy Louisiana Sweet (Onshore)	37.00	37.25	35.25	36.25	36.00	36.50	37.00	37.00	36.75	37.00	36.1500
Light Louisiana Sweet (Onshore)	37.50	37.50	35.75	36.75	36.50	37.00	37.50	37.50	37.25	37.25	36.5417
New Mexico Intermediate	38.16	38.34	36.47	37.45	37.20	37.71	38.27	38.20	38.05	38.12	37.3250
New Mexico Sour (34ï¿½)	34.84	35.02	33.15	34.13	33.88	34.39	34.95	34.88	34.73	34.80	34.0050
North Texas Sweet	34.00	34.25	32.50	33.50	33.25	33.75	34.25	34.25	34.00	34.00	33.2917
Oklahoma Sour	34.84	35.02	33.15	34.13	33.88	34.39	34.95	34.88	34.73	34.80	34.0050
Oklahoma Sweet	38.37	38.55	36.68	37.66	37.41	37.92	38.48	38.41	38.26	38.33	37.5350
South Texas Light Sweet	32.00	32.25	30.50	31.50	31.25	31.75	32.25	32.25	32.00	32.00	31.2917
Southwest Wyoming Sweet	38.22	38.40	36.53	37.51	37.26	37.77	38.33	38.26	38.11	38.18	37.3850
Uinta Basin Black Wax	34.67	34.85	32.98	33.96	33.71	34.22	34.78	34.71	34.56	34.63	33.8350
West Texas Intermediate	34.00	34.25	32.50	33.50	33.25	33.75	34.25	34.25	34.00	34.00	33.2917
West Texas Sour (34ï¿½)	29.25	29.50	27.75	28.75	28.50	29.00	29.50	29.50	29.25	29.25	28.5417
Western Colorado	38.21	38.39	36.52	37.50	37.25	37.76	38.32	38.25	38.10	38.17	37.3750

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.