CHEVRON CORP — Director's Dealing 2005

Aug 24, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2005-08-22

Reporting Person: KIRKLAND GEORGE L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-22	Common Stock	M	3400	$33.125	Acquired	17282	Direct
2005-08-22	Common Stock	M	18000	$40.4688	Acquired	35282	Direct
2005-08-22	Common Stock	M	16000	$39.5625	Acquired	51282	Direct
2005-08-22	Common Stock	S	37400	$60.4	Disposed	13882	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-22	Non-Qualified Stock Option (Right to Buy)	$33.125	M	3400	Disposed	2006-10-30	Common Stock (3400)	Direct
2005-08-22	Non-Qualified Stock Option (Right to Buy)	$40.4688	M	18000	Disposed	2007-10-29	Common Stock (18000)	Direct
2005-08-22	Non-Qualified Stock Option (Right to Buy)	$39.5625	M	16000	Disposed	2008-10-27	Common Stock (16000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26940	Indirect

Footnotes

F1: This number includes the acquisition of 7,382 shares of Chevron Corporation common stock from the dividend equivalent accruals from awards granted under the Chevron Long-Term Incentive Plan. The acquisition of shares includes the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.

F2: Between 6/25/03 and 8/22/05, the reporting person acquired 14,904 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan. The acquisition of shares includes the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.

F3: The option exercise price and number of shares have been 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.