CHEVRON CORP — Director's Dealing 2004

Aug 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRONTEXACO CORP (CVX)
CIK: 0000093410
Period of Report: 2004-08-05

Reporting Person: BETHANCOURT JOHN E (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-05	Common Stock	M	1070	$85.9172	Acquired	28314	Direct
2004-08-05	Common Stock	M	7695	$87.5649	Acquired	36009	Direct
2004-08-05	Common Stock	M	9343	$90.015	Acquired	45352	Direct
2004-08-05	Common Stock	F	17052	$97.63	Disposed	28300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-05	Non-Qualified Stock Option (right to buy)	$85.9172	M	1070	Disposed	2007-07-01	Common Stock (1070)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$87.5649	M	7695	Disposed	2010-06-23	Common Stock (7695)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$90.015	M	2136	Disposed	2005-06-23	Common Stock (2136)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$90.015	M	2123	Disposed	2006-06-28	Common Stock (2123)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$90.015	M	5084	Disposed	2009-06-25	Common Stock (5084)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$97.63	A	988	Acquired	2007-07-01	Common Stock (988)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$97.63	A	7186	Acquired	2010-06-23	Common Stock (7186)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$97.63	A	2030	Acquired	2005-06-23	Common Stock (2030)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$97.63	A	2018	Acquired	2006-06-28	Common Stock (2018)	Direct
2004-08-05	Non-Qualified Stock Option (right to buy)	$97.63	A	4830	Acquired	2009-06-25	Common Stock (4830)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14174	Indirect

Footnotes

F1: This number includes dividend equivalent accruals under the ChevronTexaco Deferred Compensation Plan for Management Employees.

F2: Between May 29, 2004 and August 5, 2004 the reporting person acquired 143 shares of ChevronTexaco Corporation common stock under the ChevronTexaco Employee Savings Investment Plan, a 401(k) plan.

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