Chevron Crude Oil Marketing - North America - October 2014 East of the Rockies Summary

North America Crude Oil Marketing - October 2014 Summary East of the Rockies Bulletins 14-E189 to 14-E211, 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	E189 10/01	E190 10/02	E191 10/03	E192 10/06	E193 10/07	E194 10/08	E195 10/09	E196 10/10	E197 10/13	E198 10/14	E199 10/15	E200 10/16
Altamont Yellow Wax	73.73	74.01	72.74	73.34	71.85	70.31	68.77	68.82	68.74	64.84	64.78	65.7
Rocky Mountain Condensate	78.73	79.01	77.74	78.34	76.85	75.31	73.77	73.82	73.74	69.84	69.78	70.7
Southwest Wyoming Sweet	82.23	82.51	81.24	81.84	80.35	78.81	77.27	77.32	77.24	73.34	73.28	74.2
Uinta Basin Black Wax	72.73	73.01	71.74	72.34	70.85	69.31	67.77	67.82	67.74	63.84	93.78	64.7
Western Colorado	79.73	80.01	78.74	79.34	77.85	76.31	74.77	74.82	74.74	70.84	70.78	71.7

East of the Rockies	E201 10/17	E202 10/20	E203 10/21	E204 10/22	E205 10/23	E206 10/24	E207 10/27	E208 10/28	E209 10/29	E210 10/30	E211 10/31	Mthly Avg
Altamont Yellow Wax	65.75	65.71	65.81	63.52	65.09	64.01	64	64.42	65.2	64.12	63.54	67.4658
Rocky Mountain Condensate	70.75	70.71	70.81	68.52	70.09	69.01	69	69.42	70.2	69.12	68.54	72.5626
Southwest Wyoming Sweet	74.25	74.21	74.31	72.02	73.59	72.51	72.5	72.92	73.7	72.62	72.04	75.9658
Uinta Basin Black Wax	64.75	64.71	64.81	62.52	64.09	63.01	63	63.42	64.2	63.12	62.54	67.4335
Western Colorado	71.75	71.71	71.81	69.52	71.09	70.01	70	70.42	71.2	70.12	69.54	73.4658

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.