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

North America Crude Oil Marketing - February 2010 Summary East of the Rockies Bulletins 10-E21 to 10-E39, 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	E21 02/01	E22 02/02	E23 02/03	E24 02/04	E25 02/05	E26 02/08	E27 02/09	E28 02/10	E29 02/11	E30 02/12	Gvty Adj*
Altamont Yellow Wax	64.43	67.23	66.98	63.14	61.19	61.89	63.75	64.52	65.28	64.13	B
Bonito Sour (Onshore)	74.00	76.75	76.50	72.75	70.75	71.50	73.25	74.00	74.75	73.75	A
Deepwater Sour (Onshore) (30ï¿½)	71.50	74.25	74.00	70.25	68.25	69.00	70.75	71.50	72.25	71.25	F,G
East Texas	70.75	73.75	73.50	69.50	67.50	68.25	70.25	71.00	71.75	70.50	none
Eugene Island Sour (Onshore)	73.75	76.50	76.25	72.50	70.50	71.25	73.00	73.75	74.50	73.50	A
Heavy Louisiana Sweet (Onshore)	75.00	77.75	77.50	73.50	71.75	72.25	74.25	75.00	75.75	74.50	A
Light Louisiana Sweet (Onshore)	75.50	78.50	78.25	74.25	72.25	73.00	75.00	75.75	76.50	75.25	A
New Mexico Intermediate	71.00	74.00	73.75	69.75	67.75	68.50	70.50	71.25	72.00	70.75	none
New Mexico Sour (34ï¿½)	66.25	69.25	69.00	65.00	63.00	63.75	65.75	66.50	67.25	66.00	none
North Texas Sweet	71.00	74.00	73.75	69.75	67.75	68.50	70.50	71.25	72.00	70.75	none
Oklahoma Sour	66.25	69.25	69.00	65.00	63.00	63.75	65.75	66.50	67.25	66.00	none
Oklahoma Sweet	71.00	74.00	73.75	69.75	67.75	68.50	70.50	71.25	72.00	70.75	none
Rocky Mountain Condensate	60.18	62.98	62.73	58.89	56.94	57.64	59.50	60.27	61.03	59.88	H
South Texas Light Sweet	69.00	72.00	71.75	67.75	65.75	66.50	68.50	69.25	70.00	68.75	none
Southwest Wyoming Sweet	64.93	67.73	67.48	63.64	61.69	62.39	64.25	65.02	65.78	64.63	E
Uinta Basin Black Wax	63.43	66.23	65.98	62.14	60.19	60.89	62.75	63.52	64.28	63.13	B
West Texas Intermediate	71.00	74.00	73.75	69.75	67.75	68.50	70.50	71.25	72.00	70.75	none
West Texas Sour (34ï¿½)	66.25	69.25	69.00	65.00	63.00	63.75	65.75	66.50	67.25	66.00	none
Western Colorado	62.43	65.23	64.98	61.14	59.19	59.89	61.75	62.52	63.28	62.13	B

East of the Rockies	E31 02/16	E32 02/17	E33 02/18	E34 02/19	E35 02/22	E36 02/23	E37 02/24	E38 02/25	E39 02/26	Mthly Avg
Altamont Yellow Wax	68.01	68.33	70.06	70.81	71.16	69.86	71.00	69.17	70.66	66.7611
Bonito Sour (Onshore)	76.50	77.00	78.75	79.50	79.75	78.50	79.50	77.75	79.25	75.8839
Deepwater Sour (Onshore) (30ï¿½)	74.00	74.25	76.00	76.75	77.25	76.00	77.00	75.25	76.75	73.3393
East Texas	73.50	73.75	75.50	76.25	76.50	75.25	76.50	74.50	76.00	72.6964
Eugene Island Sour (Onshore)	76.25	76.75	78.25	79.00	79.50	78.25	79.25	77.50	79.00	75.5982
Heavy Louisiana Sweet (Onshore)	77.50	77.75	79.50	80.25	80.50	79.25	80.50	78.50	80.00	76.7321
Light Louisiana Sweet (Onshore)	78.25	78.50	80.25	81.00	81.25	80.00	81.25	79.25	80.75	77.4464
New Mexico Intermediate	73.75	74.00	75.75	76.50	76.75	75.50	76.75	74.75	76.25	72.9464
New Mexico Sour (34ï¿½)	69.00	69.25	71.00	71.75	72.00	70.75	72.00	70.00	71.50	68.1964
North Texas Sweet	73.75	74.00	75.75	76.50	76.75	75.50	76.75	74.75	76.25	72.9464
Oklahoma Sour	69.00	69.25	71.00	71.75	72.00	70.75	72.00	70.00	71.50	68.1964
Oklahoma Sweet	73.75	74.00	75.75	76.50	76.75	75.50	76.75	74.75	76.25	72.9464
Rocky Mountain Condensate	62.76	63.08	64.81	65.56	65.91	64.61	65.75	63.92	65.41	62.0468
South Texas Light Sweet	71.75	72.00	73.75	74.50	74.75	73.50	74.75	72.75	74.25	70.9464
Southwest Wyoming Sweet	68.01	68.33	70.06	70.81	71.16	69.86	71.00	69.17	70.66	67.0289
Uinta Basin Black Wax	67.01	67.33	69.06	69.81	70.16	68.86	70.00	68.17	69.66	65.7611
West Texas Intermediate	73.75	74.00	75.75	76.50	76.75	75.50	76.75	74.75	76.25	72.9464
West Texas Sour (34ï¿½)	69.00	69.25	71.00	71.75	72.00	70.75	72.00	70.00	71.50	68.1964
Western Colorado	64.51	64.83	66.56	67.31	67.66	66.36	67.50	65.67	67.16	64.0646

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.