CHEVRON CORP — Director's Dealing 2007

May 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-05-14

Reporting Person: O REILLY DAVID J (Director, Chairman of the Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-14	Common Stock	G	13080	—	Disposed	10429	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	68215	Indirect

Footnotes

F1: "Bona fide gift" and involves no payment of consideration by the recipient of the gift.

F2: Between February 8, 2007 and May 14, 2007, the reporting person acquired 540 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k).