Chevron Crude Oil Marketing - North America - June 2015 East of the Rockies Summary

North America Crude Oil Marketing - June 2015 Summary East of the Rockies Bulletins 15-E103 to 15-E124, 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	E103 06/01	E104 06/02	E105 06/03	E106 06/04	E107 06/05	E108 06/08	E109 06/09	E110 06/10	E111 06/11	E112 06/12	E113 06/15	E114 06/16
Altamont Yellow Wax	52.45	53.51	51.89	50.25	51.38	50.39	52.39	53.68	53.02	52.21	51.77	52.22
Rocky Mountain Condensate	48.2	49.26	47.64	46	47.13	46.14	48.14	49.43	48.77	47.96	47.52	47.97
Southwest Wyoming Sweet	52.95	54.01	52.39	50.75	51.88	50.89	52.89	54.18	53.52	52.71	52.27	52.72
Uinta Basin Black Wax	51.45	52.51	50.89	49.25	50.38	49.39	51.39	52.68	52.02	51.21	50.77	51.22
Western Colorado	49.2	50.26	48.64	47	48.13	47.14	49.14	50.43	49.77	48.96	48.52	48.97

East of the Rockies	E115 06/17	E116 06/18	E117 06/19	E118 06/22	E119 06/23	E120 06/24	E121 06/25	E122 06/26	E123 06/29	E124 06/30	Mthly Avg
Altamont Yellow Wax	52.17	52.7	51.86	51.93	53.26	52.52	51.95	51.88	50.58	51.72	52.0130
Rocky Mountain Condensate	47.92	48.45	47.61	47.68	49.01	48.27	47.7	47.63	46.33	47.47	47.7630
Southwest Wyoming Sweet	52.67	53.2	52.36	52.43	53.76	53.02	52.45	52.38	51.08	52.22	52.5130
Uinta Basin Black Wax	51.17	51.7	50.86	50.93	52.26	51.52	50.95	50.88	49.58	50.72	51.0130
Western Colorado	48.92	49.45	48.61	48.68	50.01	49.27	48.7	48.63	47.33	48.47	48.7630

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.