Chevron Crude Oil Marketing - North America - September 2012 East of the Rockies Summary

North America Crude Oil Marketing - September 2012 Summary East of the Rockies Bulletins 12-E169 to 12-E187, 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	E169 09/04	E170 09/05	E171 09/06	E172 09/07	E173 09/10	E174 09/11	E175 09/12	E176 09/13	E177 09/14	E178 09/17	Gvty Adj*
Altamont Yellow Wax	81.30	81.36	81.53	82.42	82.54	83.17	83.01	84.31	85.00	82.62	B
Bonito Sour (Onshore)	109.75	110.00	110.00	111.00	111.00	111.75	111.50	112.75	113.50	111.25	A
Deepwater Sour (Onshore) (30ï¿½)	107.75	107.75	108.00	108.75	109.00	109.50	109.50	110.75	111.50	109.00	F,G
East Texas	91.50	91.75	91.75	92.75	92.75	93.50	93.25	94.50	95.25	93.00	none
Eugene Island Sour (Onshore)	110.00	110.00	110.25	111.00	111.25	111.75	111.50	113.00	113.50	111.25	A
Heavy Louisiana Sweet (Onshore)	112.50	112.50	112.75	113.50	113.75	114.25	114.00	115.50	116.00	113.75	A
Light Louisiana Sweet (Onshore)	112.50	112.75	112.75	113.75	113.75	114.50	114.25	115.50	116.25	114.00	A
New Mexico Intermediate	91.75	92.00	92.00	93.00	93.00	93.75	93.50	94.75	95.50	93.25	none
New Mexico Sour (34ï¿½)	83.75	84.00	84.00	85.00	85.00	85.75	85.50	86.75	87.50	85.25	none
North Texas Sweet	91.75	92.00	92.00	93.00	93.00	93.75	93.50	94.75	95.50	93.25	none
Oklahoma Sour	83.75	84.00	84.00	85.00	85.00	85.75	85.50	86.75	87.50	85.25	none
Oklahoma Sweet	91.75	92.00	92.00	93.00	93.00	93.75	93.50	94.75	95.50	93.25	none
Rocky Mountain Condensate	82.30	82.36	82.53	83.42	83.54	84.17	84.01	85.31	86.00	83.62	H
South Texas Light Sweet	89.75	90.00	90.00	91.00	91.00	91.75	91.50	92.75	93.50	91.25	none
Southwest Wyoming Sweet	86.30	86.36	86.53	87.42	87.54	88.17	88.01	89.31	90.00	87.62	E
Uinta Basin Black Wax	80.30	80.36	80.53	81.42	81.54	82.17	82.01	83.31	84.00	81.62	B
West Texas Intermediate	91.75	92.00	92.00	93.00	93.00	93.75	93.50	94.75	95.50	93.25	none
West Texas Sour (34ï¿½)	83.75	84.00	84.00	85.00	85.00	85.75	85.50	86.75	87.50	85.25	none
Western Colorado	83.30	83.36	83.53	84.42	84.54	85.17	85.01	86.31	87.00	84.62	B

East of the Rockies	E179 09/18	E180 09/19	E181 09/20	E182 09/21	E183 09/24	E184 09/25	E185 09/26	E186 09/27	E187 09/28	Mthly Avg
Altamont Yellow Wax	81.29	77.98	77.87	78.89	77.93	77.37	75.98	77.85	78.19	80.7757
Bonito Sour (Onshore)	109.75	106.50	106.50	107.50	106.50	106.00	104.50	106.50	106.75	109.1750
Deepwater Sour (Onshore) (30ï¿½)	107.75	104.50	104.25	105.25	104.25	103.75	102.50	104.25	104.50	107.0167
East Texas	91.50	88.25	88.25	89.25	88.25	87.75	86.25	88.25	88.50	91.2000
Eugene Island Sour (Onshore)	110.00	106.50	106.50	107.50	106.50	106.00	104.50	106.50	106.75	109.2167
Heavy Louisiana Sweet (Onshore)	112.50	109.00	109.00	110.00	109.00	108.50	107.00	109.00	109.25	111.7167
Light Louisiana Sweet (Onshore)	112.50	109.25	109.25	110.25	109.25	108.75	107.25	109.25	109.50	111.8750
New Mexico Intermediate	91.75	88.50	88.50	89.50	88.50	88.00	86.50	88.50	88.75	91.4500
New Mexico Sour (34ï¿½)	83.75	80.50	80.50	81.50	80.50	80.00	78.50	80.50	80.75	83.4500
North Texas Sweet	91.75	88.50	88.50	89.50	88.50	88.00	86.50	88.50	88.75	91.4500
Oklahoma Sour	83.75	80.50	80.50	81.50	80.50	80.00	78.50	80.50	80.75	83.4500
Oklahoma Sweet	91.75	88.50	88.50	89.50	88.50	88.00	86.50	88.50	88.75	91.4500
Rocky Mountain Condensate	82.29	78.98	78.87	79.89	78.93	78.37	76.98	78.85	79.19	81.8257
South Texas Light Sweet	89.75	86.50	86.50	87.50	86.50	86.00	84.50	86.50	86.75	89.4500
Southwest Wyoming Sweet	86.29	82.98	82.87	83.89	82.93	82.37	80.98	82.85	83.19	85.8257
Uinta Basin Black Wax	80.29	76.98	76.87	77.89	76.93	76.37	74.98	76.85	77.19	79.7757
West Texas Intermediate	91.75	88.50	88.50	89.50	88.50	88.00	86.50	88.50	88.75	91.4500
West Texas Sour (34ï¿½)	83.75	80.50	80.50	81.50	80.50	80.00	78.50	80.50	80.75	83.4500
Western Colorado	83.29	79.98	79.87	80.89	79.93	79.37	77.98	79.85	80.19	82.8007

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.