Chevron Crude Oil Marketing - North America - April 2011 East of the Rockies Summary

North America Crude Oil Marketing - April 2011 Summary East of the Rockies Bulletins 11-E64 to 11-E83, 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 04/04	E66 04/05	E67 04/06	E68 04/07	E69 04/08	E70 04/11	E71 04/12	E72 04/13	E73 04/14	E74 04/15	Gvty Adj*
Altamont Yellow Wax	93.94	94.47	94.34	94.83	96.30	98.79	95.92	92.25	93.11	94.11	95.66	B
Bonito Sour (Onshore)	118.75	119.25	119.25	119.75	121.25	123.75	120.75	117.00	118.00	119.00	120.50	A
Deepwater Sour (Onshore) (30ï¿½)	115.75	116.25	116.00	116.50	118.00	120.50	117.75	114.00	114.75	115.75	117.50	F,G
East Texas	104.25	104.75	104.75	105.25	106.50	109.00	106.25	102.50	103.50	104.50	106.00	none
Eugene Island Sour (Onshore)	119.50	120.00	119.75	120.25	121.75	124.25	121.50	117.75	118.75	119.75	121.25	A
Heavy Louisiana Sweet (Onshore)	121.25	122.00	121.75	122.25	123.75	126.25	123.25	119.75	120.50	121.50	123.00	A
Light Louisiana Sweet (Onshore)	121.50	122.00	122.00	122.50	124.00	126.50	123.50	119.75	120.75	121.75	123.25	A
New Mexico Intermediate	104.50	105.00	105.00	105.50	106.75	109.25	106.50	102.75	103.75	104.75	106.25	none
New Mexico Sour (34ï¿½)	99.75	100.25	100.25	100.75	102.00	104.50	101.75	98.00	99.00	100.00	101.50	none
North Texas Sweet	104.50	105.00	105.00	105.50	106.75	109.25	106.50	102.75	103.75	104.75	106.25	none
Oklahoma Sour	99.75	100.25	100.25	100.75	102.00	104.50	101.75	98.00	99.00	100.00	101.50	none
Oklahoma Sweet	104.50	105.00	105.00	105.50	106.75	109.25	106.50	102.75	103.75	104.75	106.25	none
Rocky Mountain Condensate	93.69	94.22	94.09	94.58	96.05	98.54	95.67	92.00	92.86	93.86	95.41	H
South Texas Light Sweet	102.50	103.00	103.00	103.50	104.75	107.25	104.50	100.75	101.75	102.75	104.25	none
Southwest Wyoming Sweet	98.44	98.97	98.84	99.33	100.80	103.29	100.42	96.75	97.61	98.61	100.16	E
Uinta Basin Black Wax	92.94	93.47	93.34	93.83	95.30	97.79	94.92	91.25	92.11	93.11	94.66	B
West Texas Intermediate	104.50	105.00	105.00	105.50	106.75	109.25	106.50	102.75	103.75	104.75	106.25	none
West Texas Sour (34ï¿½)	99.75	100.25	100.25	100.75	102.00	104.50	101.75	98.00	99.00	100.00	101.50	none
Western Colorado	95.44	95.97	95.84	96.33	97.80	100.29	97.42	93.75	94.61	95.61	97.16	B

East of the Rockies	E75 04/18	E76 04/19	E77 04/20	E78 04/21	E79 04/25	E80 04/26	E81 04/27	E82 04/28	E83 04/29	Mthly Avg
Altamont Yellow Wax	93.12	94.15	97.45	98.29	98.28	98.21	98.76	98.86	99.93	96.4117
Bonito Sour (Onshore)	118.00	119.00	122.25	123.25	123.00	123.00	123.50	123.75	124.75	121.2750
Deepwater Sour (Onshore) (30ï¿½)	115.00	116.00	119.25	120.00	120.00	120.00	120.50	120.50	121.75	118.1667
East Texas	103.50	104.50	107.75	108.50	108.50	108.50	109.00	109.25	110.25	106.7083
Eugene Island Sour (Onshore)	118.75	119.75	123.00	123.75	123.75	123.75	124.25	124.50	125.50	121.9417
Heavy Louisiana Sweet (Onshore)	120.50	121.50	124.75	125.75	125.75	125.50	126.25	126.25	127.25	123.8083
Light Louisiana Sweet (Onshore)	120.75	121.75	125.00	126.00	125.75	125.75	126.25	126.50	127.50	124.0250
New Mexico Intermediate	103.75	104.75	108.00	108.75	108.75	108.75	109.25	109.50	110.50	106.9583
New Mexico Sour (34ï¿½)	99.00	100.00	103.25	104.00	104.00	104.00	104.50	104.75	105.75	102.2083
North Texas Sweet	103.75	104.75	108.00	108.75	108.75	108.75	109.25	109.50	110.50	106.9583
Oklahoma Sour	99.00	100.00	103.25	104.00	104.00	104.00	104.50	104.75	105.75	102.2083
Oklahoma Sweet	103.75	104.75	108.00	108.75	108.75	108.75	109.25	109.50	110.50	106.9583
Rocky Mountain Condensate	92.87	93.90	97.20	98.04	98.03	97.96	98.51	98.61	99.68	96.1617
South Texas Light Sweet	101.75	102.75	106.00	106.75	106.75	106.75	107.25	107.50	108.50	104.9583
Southwest Wyoming Sweet	97.62	98.65	101.95	102.79	102.78	102.71	103.26	103.36	104.43	100.9117
Uinta Basin Black Wax	92.12	93.15	96.45	97.29	97.28	97.21	97.76	97.86	98.93	95.4117
West Texas Intermediate	103.75	104.75	108.00	108.75	108.75	108.75	109.25	109.50	110.50	106.9583
West Texas Sour (34ï¿½)	99.00	100.00	103.25	104.00	104.00	104.00	104.50	104.75	105.75	102.2083
Western Colorado	94.62	95.65	98.95	99.79	99.78	99.71	100.26	100.36	101.43	97.9117

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.