CHEVRON CORP — Director's Dealing 2006

Nov 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2006-11-07

Reporting Person: BETHANCOURT JOHN E (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-07	Common Stock	M	3840	$62.17	Acquired	67415	Direct
2006-11-07	Common Stock	M	6827	$62.17	Acquired	74242	Direct
2006-11-07	Common Stock	M	4193	$62.17	Acquired	78435	Direct
2006-11-07	Common Stock	M	17065	$62.17	Acquired	95500	Direct
2006-11-07	Common Stock	F	30166	$69.35	Disposed	65334	Direct
2006-11-08	Common Stock	S	1759	$69.50	Disposed	63575	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$62.17	M	3840	Disposed	2007-07-01	Common Stock (3840)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$62.17	M	6827	Disposed	2008-06-26	Common Stock (6827)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$62.17	M	4193	Disposed	2010-06-23	Common Stock (4193)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$62.17	M	17065	Disposed	2011-06-22	Common Stock (17065)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$69.35	A	3627	Acquired	2007-07-01	Common Stock (3627)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$69.35	A	6452	Acquired	2008-06-26	Common Stock (6452)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$69.35	A	3962	Acquired	2010-06-23	Common Stock (3962)	Direct
2006-11-07	Non-Qualified Stock Option (Right to Buy)	$69.35	A	16125	Acquired	2011-06-22	Common Stock (16125)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	31417	Indirect

Footnotes

F1: This number includes dividend equivalent accruals (158 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: Between August 5, 2006 and November 7, 2006, the reporting person acquired 262 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k).

F3: This transaction is an exercise of a non-qualified stock option and the conversion price is reported in column 2.