Chevron Crude Oil Marketing - North America - January 2010 East of the Rockies Summary

North America Crude Oil Marketing - January 2010 Summary East of the Rockies Bulletins 10-E1 to 10-E20, 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	E1 01/01	E2 01/04	E3 01/05	E4 01/06	E5 01/07	E6 01/08	E7 01/11	E8 01/12	E9 01/13	E10 01/14	E11 01/15	Gvty Adj*
Altamont Yellow Wax	69.36	71.51	71.77	73.18	72.66	72.75	72.52	70.79	69.65	69.39	68.00	B
Bonito Sour (Onshore)	81.00	83.00	83.25	84.75	84.25	84.25	84.00	82.25	81.25	81.00	79.50	A
Deepwater Sour (Onshore) (30ï¿½)	78.50	80.75	81.00	82.25	81.75	82.00	81.75	80.00	78.75	78.50	77.25	F,G
East Texas	75.75	78.00	78.25	79.50	79.00	79.25	79.00	77.25	76.00	75.75	74.50	none
Eugene Island Sour (Onshore)	80.75	83.00	83.25	84.50	84.00	84.25	84.00	82.25	81.00	80.75	79.50	A
Heavy Louisiana Sweet (Onshore)	81.25	83.50	83.75	85.00	84.50	84.75	84.50	82.75	81.50	81.25	80.00	A
Light Louisiana Sweet (Onshore)	82.50	84.50	84.75	86.25	85.75	85.75	85.50	83.75	82.75	82.50	81.00	A
New Mexico Intermediate	76.00	78.25	78.50	79.75	79.25	79.50	79.25	77.50	76.25	76.00	74.75	none
New Mexico Sour (34ï¿½)	71.25	73.50	73.75	75.00	74.50	74.75	74.50	72.75	71.50	71.25	70.00	none
North Texas Sweet	76.00	78.25	78.50	79.75	79.25	79.50	79.25	77.50	76.25	76.00	74.75	none
Oklahoma Sour	71.25	73.50	73.75	75.00	74.50	74.75	74.50	72.75	71.50	71.25	70.00	none
Oklahoma Sweet	76.00	78.25	78.50	79.75	79.25	79.50	79.25	77.50	76.25	76.00	74.75	none
Rocky Mountain Condensate	63.86	66.01	66.27	67.68	67.16	67.25	67.02	65.29	64.15	63.89	63.75	H
South Texas Light Sweet	74.00	76.25	76.50	77.75	77.25	77.50	77.25	75.50	74.25	74.00	72.75	none
Southwest Wyoming Sweet	69.86	72.01	72.27	73.68	73.16	73.25	73.02	71.29	70.15	69.89	68.50	E
Uinta Basin Black Wax	68.36	70.51	70.77	72.18	71.66	71.75	71.52	69.79	68.65	68.39	67.00	B
West Texas Intermediate	76.00	78.25	78.50	79.75	79.25	79.50	79.25	77.50	76.25	76.00	74.75	none
West Texas Sour (34ï¿½)	71.25	73.50	73.75	75.00	74.50	74.75	74.50	72.75	71.50	71.25	70.00	none
Western Colorado	67.61	69.76	70.02	71.43	70.91	71.00	70.77	69.04	67.90	67.64	66.00	B

East of the Rockies	E12 01/19	E13 01/20	E14 01/21	E15 01/22	E16 01/25	E17 01/26	E18 01/27	E19 01/28	E20 01/29	Mthly Avg
Altamont Yellow Wax	69.02	67.62	66.08	64.54	65.26	64.71	63.67	63.64	62.89	68.1319
Bonito Sour (Onshore)	80.50	79.25	77.75	76.00	76.75	76.25	75.25	75.25	74.50	79.6774
Deepwater Sour (Onshore) (30ï¿½)	78.25	76.75	75.25	73.75	74.50	73.75	72.75	72.75	72.00	77.3065
East Texas	75.50	74.00	72.50	71.00	71.75	71.25	70.00	70.00	69.25	74.5645
Eugene Island Sour (Onshore)	80.50	79.00	77.50	76.00	76.75	76.25	75.00	75.00	74.25	79.5645
Heavy Louisiana Sweet (Onshore)	81.00	79.50	78.00	76.50	77.25	76.50	75.50	75.50	74.75	80.0565
Light Louisiana Sweet (Onshore)	82.00	80.75	79.25	77.50	78.25	77.75	76.75	76.75	76.00	81.1774
New Mexico Intermediate	75.75	74.25	72.75	71.25	72.00	71.50	70.25	70.25	69.50	74.8145
New Mexico Sour (34ï¿½)	71.00	69.50	68.00	66.50	67.25	66.75	65.50	65.50	64.75	70.0645
North Texas Sweet	75.75	74.25	72.75	71.25	72.00	71.50	70.25	70.25	69.50	74.8145
Oklahoma Sour	71.00	69.50	68.00	66.50	67.25	66.75	65.50	65.50	64.75	70.0645
Oklahoma Sweet	75.75	74.25	72.75	71.25	72.00	71.50	70.25	70.25	69.50	74.8145
Rocky Mountain Condensate	64.77	63.37	61.83	60.29	61.01	60.46	59.42	59.39	58.64	63.3174
South Texas Light Sweet	73.75	72.25	70.75	69.25	70.00	69.50	68.25	68.25	67.50	72.8145
Southwest Wyoming Sweet	69.52	68.12	66.58	65.04	65.76	65.21	64.17	64.14	63.39	68.6319
Uinta Basin Black Wax	68.02	66.62	65.08	63.54	64.26	63.71	62.67	62.64	61.89	67.1319
West Texas Intermediate	75.75	74.25	72.75	71.25	72.00	71.50	70.25	70.25	69.50	74.8145
West Texas Sour (34ï¿½)	71.00	69.50	68.00	66.50	67.25	66.75	65.50	65.50	64.75	70.0645
Western Colorado	67.02	65.62	64.08	62.54	63.26	62.71	61.67	61.64	60.89	66.2448

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.