CHEVRON CORP — Director's Dealing 2003

Sep 3, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2003-09-02

Reporting Person: O REILLY DAVID J (Director, Chairman of the Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-02	Common Stock	M	4694	$42.375	Acquired	8221	Direct
2003-09-02	Common Stock	M	15706	$42.375	Acquired	23927	Direct
2003-09-02	Common Stock	S	11430	$73.53	Disposed	12497	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-02	Employee Stock Option (right to buy)	$42.375	M	4694	Disposed	2004-06-29	Common Stock (4694)	Direct
2003-09-02	Employee Stock Option (right to buy)	$42.375	M	15706	Disposed	2004-06-29	Common Stock (15706)	Direct

Footnotes

F1: This transaction is an exercise of an Employee Stock Option and the coversion price is reported in Column 2.