CHEVRON CORP — Director's Dealing 2005

Nov 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2005-11-03

Reporting Person: ROBERTSON PETER J (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-03	Common Stock	M	17800	$33.125	Acquired	66241	Direct
2005-11-03	Common Stock	S	17800	$58.79	Disposed	48441	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-11-03	Non-Qualified Stock Option (Right to Buy)	$33.125	M	17800	Disposed	2006-10-30	Common Stock (17800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40963	Indirect

Footnotes

F1: This number includes 25,390 shares received from both the September 10, 2004, 2-for-1 stock split of Chevron Corporation Common Stock and dividend equivalent accruals under the Chevron Long-Term Incentive Plan.

F2: Between August 26, 2004 and November 3, 2005, the reporting person acquired 21,374 shares of Chevron Corporation Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan. This number also includes shares received from the September 10, 2004, 2-for-1 stock split of Chevron Corporation Common Stock.

F3: The option exercise price and number of shares are adjusted for the September 10, 2004, 2-for-1 stock split of Chevron Corporation Common Stock.

F4: This transaction is an exercise of a Non-Qualified Stock Option and the conversion price is reported in Column 2.