CHEVRON CORP — Director's Dealing 2004

Nov 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2004-11-04

Reporting Person: WILCOX RAYMOND I (Vice Pres. and Pres. CTNAEP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-04	Common Stock	M	11000	$40.4688	Acquired	11000	Direct
2004-11-04	Common Stock	S	11000	$53.5517	Disposed	0	Direct
2004-11-04	Common Stock	M	11400	$39.5625	Acquired	11400	Direct
2004-11-04	Common Stock	S	11400	$53.5517	Disposed	0	Direct
2004-11-04	Common Stock	M	16000	$44.9375	Acquired	16000	Direct
2004-11-04	Common Stock	S	16000	$54.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-04	Non-Qualified Stock Option (right to buy)	$40.4688	M	11000	Disposed	2007-10-29	Common Stock (11000)	Direct
2004-11-04	Non-Qualified Stock Option (right to buy)	$39.5625	M	11400	Disposed	2008-10-27	Common Stock (11400)	Direct
2004-11-04	Non-Qualified Stock Option (right to buy)	$44.9375	M	16000	Disposed	2009-10-27	Common Stock (16000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44273	Indirect

Footnotes

F1: This number includes the acquisition of 22,801 additional shares from both the September 10, 2004, 2-for-1 stock split of ChevronTexaco Common Stock and the acquisition (between 02/18/04 and 11/05/04) of ChevronTexaco Common Stock under the ChevronTexaco Employee Savings Investment Plan, a 401(k) plan.

F2: The option exercise price and number of shares are adjusted for the September 10, 2004, 2-for-1 stock split of ChevronTexaco Common Stock.

F3: This transaction is an exercise of a Non-Qualified Stock Option and the conversion price is reported in column 2.