Chevron Crude Oil Marketing - North America - December 2009 East of the Rockies Summary

North America Crude Oil Marketing - December 2009 Summary East of the Rockies Bulletins 09-E236 to 09-E257, 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	E236 12/01	E237 12/02	E238 12/03	E239 12/04	E240 12/07	E241 12/08	E242 12/09	E243 12/10	E244 12/11	E245 12/14	E246 12/15	E247 12/16	Gvty Adj*
Altamont Yellow Wax	68.37	66.60	66.46	65.47	63.93	62.62	60.67	60.54	59.87	59.51	60.69	62.66	B
Bonito Sour (Onshore)	77.00	75.25	75.25	74.25	72.75	71.25	69.50	69.25	68.50	68.25	69.50	71.50	A
Deepwater Sour (Onshore) (30ï¿½)	75.00	73.25	73.00	72.00	70.50	69.25	67.25	67.25	66.50	66.25	67.25	69.25	F,G
East Texas	74.75	73.00	73.00	72.00	70.25	69.00	67.00	67.00	66.25	66.00	67.00	69.00	none
Eugene Island Sour (Onshore)	77.00	75.25	75.00	74.00	72.50	71.25	69.25	69.00	68.50	68.00	69.25	71.25	A
Heavy Louisiana Sweet (Onshore)	77.25	75.50	75.50	74.50	73.00	71.50	69.50	69.50	68.75	68.50	69.75	71.50	A
Light Louisiana Sweet (Onshore)	78.75	77.00	76.75	75.75	74.25	73.00	71.00	71.00	70.25	70.00	71.00	73.00	A
New Mexico Intermediate	75.00	73.25	73.25	72.25	70.50	69.25	67.25	67.25	66.50	66.25	67.25	69.25	none
New Mexico Sour (34ï¿½)	70.25	68.50	68.50	67.50	65.75	64.50	62.50	62.50	61.75	61.50	62.50	64.50	none
North Texas Sweet	75.00	73.25	73.25	72.25	70.50	69.25	67.25	67.25	66.50	66.25	67.25	69.25	none
Oklahoma Sour	70.25	68.50	68.50	67.50	65.75	64.50	62.50	62.50	61.75	61.50	62.50	64.50	none
Oklahoma Sweet	75.00	73.25	73.25	72.25	70.50	69.25	67.25	67.25	66.50	66.25	67.25	69.25	none
Rocky Mountain Condensate	62.87	61.10	60.96	59.97	58.43	57.12	55.17	55.04	54.37	54.01	55.19	57.16	H
South Texas Light Sweet	73.00	71.25	71.25	70.25	68.50	67.25	65.25	65.25	64.50	64.25	65.25	67.25	none
Southwest Wyoming Sweet	68.87	67.10	66.96	65.97	64.43	63.12	61.17	61.04	60.37	60.01	61.19	63.16	E
Uinta Basin Black Wax	67.37	65.60	65.46	64.47	62.93	61.62	59.67	59.54	58.87	58.51	59.69	61.66	B
West Texas Intermediate	75.00	73.25	73.25	72.25	70.50	69.25	67.25	67.25	66.50	66.25	67.25	69.25	none
West Texas Sour (34ï¿½)	70.25	68.50	68.50	67.50	65.75	64.50	62.50	62.50	61.75	61.50	62.50	64.50	none
Western Colorado	66.62	64.85	64.71	63.72	62.18	60.87	58.92	58.79	58.12	57.76	58.94	60.91	B

East of the Rockies	E248 12/17	E249 12/18	E250 12/21	E251 12/22	E252 12/23	E253 12/24	E254 12/28	E255 12/29	E256 12/30	E257 12/31	Mthly Avg
Altamont Yellow Wax	62.65	63.36	62.47	64.40	66.67	68.05	68.77	68.87	69.28	69.36	64.6071
Bonito Sour (Onshore)	71.25	72.00	71.25	73.00	75.50	76.75	77.50	77.50	78.00	78.00	73.3145
Deepwater Sour (Onshore) (30ï¿½)	69.25	70.00	69.00	71.00	73.25	74.75	75.50	75.50	76.00	76.00	71.2339
East Texas	69.00	69.75	69.00	70.75	73.00	74.50	75.25	75.25	75.75	75.75	71.0242
Eugene Island Sour (Onshore)	71.25	72.00	71.00	73.00	75.25	76.50	77.25	77.50	77.75	78.00	73.1694
Heavy Louisiana Sweet (Onshore)	71.50	72.25	71.50	73.25	75.50	77.00	77.75	77.75	78.25	78.25	73.5403
Light Louisiana Sweet (Onshore)	73.00	73.75	72.75	74.75	77.00	78.50	79.25	79.25	79.75	79.75	74.9839
New Mexico Intermediate	69.25	70.00	69.25	71.00	73.25	74.75	75.50	75.50	76.00	76.00	71.2742
New Mexico Sour (34ï¿½)	64.50	65.25	64.50	66.25	68.50	70.00	70.75	70.75	71.25	71.25	66.5242
North Texas Sweet	69.25	70.00	69.25	71.00	73.25	74.75	75.50	75.50	76.00	76.00	71.2742
Oklahoma Sour	64.50	65.25	64.50	66.25	68.50	70.00	70.75	70.75	71.25	71.25	66.5242
Oklahoma Sweet	69.25	70.00	69.25	71.00	73.25	74.75	75.50	75.50	76.00	76.00	71.2742
Rocky Mountain Condensate	57.15	57.86	56.97	58.90	61.17	62.55	63.27	63.37	63.78	63.86	59.1071
South Texas Light Sweet	67.25	68.00	67.25	69.00	71.25	72.75	73.50	73.50	74.00	74.00	69.2742
Southwest Wyoming Sweet	63.15	63.86	62.97	64.90	67.17	68.55	69.27	69.37	69.78	69.86	65.1071
Uinta Basin Black Wax	61.65	62.36	61.47	63.40	65.67	67.05	67.77	67.87	68.28	68.36	63.6071
West Texas Intermediate	69.25	70.00	69.25	71.00	73.25	74.75	75.50	75.50	76.00	76.00	71.2742
West Texas Sour (34ï¿½)	64.50	65.25	64.50	66.25	68.50	70.00	70.75	70.75	71.25	71.25	66.5242
Western Colorado	60.90	61.61	60.72	62.65	64.92	66.30	67.02	67.12	67.53	67.61	62.8571

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.