CHEVRON CORP — Director's Dealing 2006

Apr 5, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2006-04-01

Reporting Person: Luquette Gary (Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8570	Direct
Common Stock	13869	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (861)		Direct
Non-Qualified Stock Option (Right to Buy)	$44.9375	2009-10-27	Common Stock (8000)		Direct
Non-Qualified Stock Option (Right to Buy)	$44.275	2011-10-31	Common Stock (11400)		Direct
Non-Qualified Stock Option (Right to Buy)	$43.125	2012-06-26	Common Stock (16000)		Direct
Non-Qualified Stock Option (Right to Buy)	$36.7	2013-06-25	Common Stock (20000)		Direct
Non-Qualified Stock Option (Right to Buy)	$47.055	2014-06-30	Common Stock (28000)		Direct
Non-Qualified Stock Option (Right to Buy)	$56.76	2015-06-29	Common Stock (28000)		Direct
Non-Qualified Stock Option (Right to Buy)	$56.63	2016-03-23	Common Stock (38000)		Direct

Footnotes

F1: The shares of phantom stock become payable in cash upon the reporting person's termination of service.

F2: 1-for-1

F3: One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.

F4: As of April 3, 2006, this number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.