CHEVRON CORP — Director's Dealing 2007

Aug 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-08-01

Reporting Person: WATSON JOHN S (Vice Pres. and Pres. CIEP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-01	Common Stock	F	6372	$85.1768	Disposed	20895	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17301	Indirect

Footnotes

F1: This number includes dividend equivalent accruals (193 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: Between May 5, 2007 and August 1, 2007, the reporting person acquired 122 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.