CHEVRON CORP — Director's Dealing 2007

May 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-05-04

Reporting Person: Wirth Michael K (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-04	Common Stock	M	2000	$39.5625	Acquired	2000	Direct
2007-05-04	Common Stock	M	8000	$44.9375	Acquired	10000	Direct
2007-05-04	Common Stock	S	200	$79.35	Disposed	9800	Direct
2007-05-04	Common Stock	S	1300	$79.36	Disposed	8500	Direct
2007-05-04	Common Stock	S	500	$79.37	Disposed	8000	Direct
2007-05-04	Common Stock	S	600	$79.37	Disposed	7400	Direct
2007-05-04	Common Stock	S	2500	$79.38	Disposed	4900	Direct
2007-05-04	Common Stock	S	1000	$79.39	Disposed	3900	Direct
2007-05-04	Common Stock	S	3900	$79.4	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-04	Non-Qualified Stock Option (Right to Buy)	$39.5625	M	2000	Disposed	2008-10-27	Common Stock (2000)	Direct
2007-05-04	Non-Qualified Stock Option (Right to Buy)	$44.9375	M	8000	Disposed	2009-10-27	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7618	Indirect

Footnotes

F1: Between March 1, 2006 and May 4, 2007 the reporting person acquired 729 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F2: The option exercise price and number of shares are adjusted for the September 10, 2004, 2-for-1 stock split of Chevron Common Stock.