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

North America Crude Oil Marketing - July 2009 Summary East of the Rockies Bulletins 09-E128 to 09-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 07/06	E131 07/07	E132 07/08	E133 07/09	E134 07/10	E135 07/13	E136 07/14	E137 07/15	E138 07/16	E139 07/17	Gvty Adj*
Altamont Yellow Wax	58.31	55.73	53.05	51.93	49.14	49.41	48.89	48.69	48.52	50.54	51.02	52.56	B
Bonito Sour (Onshore)	67.50	65.00	62.25	61.25	58.50	58.75	58.25	58.00	57.75	59.75	60.25	61.75	A
Deepwater Sour (Onshore) (30ï¿½)	65.50	63.00	60.25	59.00	56.25	56.50	56.00	55.75	55.75	57.75	58.25	59.75	F,G
East Texas	65.75	63.25	60.50	59.25	56.50	56.75	56.25	56.00	56.00	58.00	58.50	60.00	none
Eugene Island Sour (Onshore)	67.50	65.00	62.25	61.00	58.25	58.50	58.00	57.75	57.75	59.75	60.25	61.75	A
Heavy Louisiana Sweet (Onshore)	68.75	66.25	63.50	62.25	59.50	59.75	59.25	59.00	59.00	61.00	61.50	63.00	A
Light Louisiana Sweet (Onshore)	69.50	67.00	64.25	63.25	60.25	60.75	60.00	60.00	59.75	61.75	62.25	63.75	A
New Mexico Intermediate	66.00	63.50	60.75	59.50	56.75	57.00	56.50	56.25	56.25	58.25	58.75	60.25	none
New Mexico Sour (34ï¿½)	61.25	58.75	56.00	54.75	52.00	52.25	51.75	51.50	51.50	53.50	54.00	55.50	none
North Texas Sweet	66.00	63.50	60.75	59.50	56.75	57.00	56.50	56.25	56.25	58.25	58.75	60.25	none
Oklahoma Sour	61.25	58.75	56.00	54.75	52.00	52.25	51.75	51.50	51.50	53.50	54.00	55.50	none
Oklahoma Sweet	66.00	63.50	60.75	59.50	56.75	57.00	56.50	56.25	56.25	58.25	58.75	60.25	none
Rocky Mountain Condensate	53.31	50.73	48.05	46.93	44.14	44.41	43.89	43.69	43.52	45.54	46.02	47.56	H
South Texas Light Sweet	64.00	61.50	58.75	57.50	54.75	55.00	54.50	54.25	54.25	56.25	56.75	58.25	none
Southwest Wyoming Sweet	58.81	56.23	53.55	52.43	49.64	49.91	49.39	49.19	49.02	51.04	51.52	53.06	E
Uinta Basin Black Wax	57.31	54.73	52.05	50.93	48.14	48.41	47.89	47.69	47.52	49.54	50.02	51.56	B
West Texas Intermediate	66.00	63.50	60.75	59.50	56.75	57.00	56.50	56.25	56.25	58.25	58.75	60.25	none
West Texas Sour (34ï¿½)	61.25	58.75	56.00	54.75	52.00	52.25	51.75	51.50	51.50	53.50	54.00	55.50	none
Western Colorado	57.81	55.23	52.55	51.43	48.64	48.91	48.39	48.19	48.02	50.04	50.52	52.06	B

East of the Rockies	E140 07/20	E141 07/21	E142 07/22	E143 07/23	E144 07/24	E145 07/27	E146 07/28	E147 07/29	E148 07/30	E149 07/31	Mthly Avg
Altamont Yellow Wax	52.98	53.72	54.40	56.16	57.05	57.38	56.23	52.35	55.94	58.45	53.4400
Bonito Sour (Onshore)	62.25	63.00	63.75	65.50	66.25	66.75	65.50	61.50	65.25	67.75	62.7097
Deepwater Sour (Onshore) (30ï¿½)	60.25	61.00	61.50	63.25	64.25	64.50	63.50	59.50	63.00	65.50	60.6129
East Texas	60.50	61.25	61.75	63.50	64.50	64.75	63.75	59.75	63.25	65.75	60.8629
Eugene Island Sour (Onshore)	62.25	62.75	63.50	65.25	66.25	66.50	65.50	61.50	65.00	67.50	62.6048
Heavy Louisiana Sweet (Onshore)	63.50	64.00	64.75	66.50	67.50	67.75	66.75	62.75	66.25	68.75	63.8548
Light Louisiana Sweet (Onshore)	64.25	65.00	65.50	67.50	68.25	68.50	67.50	63.50	67.25	69.75	64.6613
New Mexico Intermediate	60.75	61.50	62.00	63.75	64.75	65.00	64.00	60.00	63.50	66.00	61.1129
New Mexico Sour (34ï¿½)	56.00	56.75	57.25	59.00	60.00	60.25	59.25	55.25	58.75	61.25	56.3629
North Texas Sweet	60.75	61.50	62.00	63.75	64.75	65.00	64.00	60.00	63.50	66.00	61.1129
Oklahoma Sour	56.00	56.75	57.25	59.00	60.00	60.25	59.25	55.25	58.75	61.25	56.3629
Oklahoma Sweet	60.75	61.50	62.00	63.75	64.75	65.00	64.00	60.00	63.50	66.00	61.1129
Rocky Mountain Condensate	47.98	48.72	49.40	51.16	52.05	52.38	51.23	47.35	50.94	53.45	48.4400
South Texas Light Sweet	58.75	59.50	60.00	61.75	62.75	63.00	62.00	58.00	61.50	64.00	59.1129
Southwest Wyoming Sweet	53.48	54.22	54.90	56.66	57.55	57.88	56.73	52.85	56.44	58.95	53.9400
Uinta Basin Black Wax	51.98	52.72	53.40	55.16	56.05	56.38	55.23	51.35	54.94	57.45	52.4400
West Texas Intermediate	60.75	61.50	62.00	63.75	64.75	65.00	64.00	60.00	63.50	66.00	61.1129
West Texas Sour (34ï¿½)	56.00	56.75	57.25	59.00	60.00	60.25	59.25	55.25	58.75	61.25	56.3629
Western Colorado	52.48	53.22	53.90	55.66	56.55	56.88	55.73	51.85	55.44	57.95	52.9400

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.