Simply stated, Chevron's goal is to become your supplier of choice for gas storage services. As a natural gas storage operator in North America, we currently manage and operate 87 billion cubic feet (Bcf) of storage in five facilities, located in West Texas, South Louisiana, and Canada. Our facilities offer customers interconnects with major pipeline systems that serve premier consumer and industrial markets in the United States and Canada.

We take a customer-focused approach in developing innovative, flexible services designed to meet the requirements of our customers, which include local distribution companies, merchant electricity generators, producers and marketers.

Our experienced commercial teams design services and contracts to meet your individual needs, such as firm storage with injection and withdrawal rights tailored to your special requirements, park and loan services, and wheeling opportunities.

Our technical and commercial expertise sets us apart from other storage operators. Among our many competitive advantages are:

• More than 115 years of experience in subsurface drilling, exploration, mining, production operations and maintenance of reservoir-related facilities, with a strong focus on safeguarding the safety of our employees, neighbors and the environment
• Worldwide experience in planning, designing, commissioning and operating energy development projects
• Asset management and optimization capability
• Proactive market analysis
• Access to capital resources

Our natural gas storage operations are an important business segment and a strong complement to our company's exploration and production focus on natural gas activities in North America.

Demand for additional gas storage is expected to rise significantly for the next several years, as reported in recent studies conducted by the Federal Energy Regulatory Commission and the National Petroleum Council. Chevron is well-positioned to increase our storage operations to meet customers' requirements.

Chevron owns, develops and operates natural gas storage facilities that are strategically located in the gas-producing areas of South Louisiana, West Texas and Western Canada.

Below is a list of the natural gas storage facilities owned and operated by Chevron.

Keystone Gas Storage

• Located in West Texas, near Midland
• High-deliverability salt cavern storage facility
• Current working gas capacity: 5 Bcf
• Company operated; 100% working interest
• Connected to the El Paso, Northern Natural and Transwestern Pipeline systems

Bridgeline Storage Company

• Napoleonville Storage
• Located in South Louisiana, in Assumption Parish
• High-deliverability salt cavern storage facility
• Current working gas capacity: 7 Bcf
• Company operated; 100% working interest
• Connected to the Henry Hub, Transco, Texas Eastern, Columbia Gulf, Gulf South, Tennessee, Trunkline, Southern Natural, Florida Gas Transmission, NGPL, and the Mississippi River Corridor industrial markets.

Bridgeline Sorrento Storage

• Located in South Louisiana, in Ascension Parish
• High-deliverability salt cavern storage facility
• Current working gas capacity: 5.2 Bcf
• Company operated; 100% working interest
• Connected to the Henry Hub, Transco, Texas Eastern, Columbia Gulf, Gulf South, Tennessee, Trunkline, Southern Natural, Florida Gas Transmission, NGPL, and the Mississippi River Corridor industrial markets.

Aitken Creek Gas Storage

• Located 75 miles northwest of Fort St. John, British Columbia, Canada
• Underground depleted natural gas reservoir storage facility
• Current working gas capacity: 48 Bcf
• Company operated; 93% working interest
• Connected to Duke Energy Gas Transmission and the Alliance Pipeline

Chevron Pipe Line Company, 4800 Fournace Pl. Bellaire , TX 77401 Tel.: (713) 432-6000