BELLAIRE, Texas., Sept. 4 /PRNewswire-FirstCall/ -- Chevron Keystone Gas Storage, LLC ("Keystone"), a wholly owned subsidiary of Chevron Corporation, (NYSE: CVX) announces it is holding a non-binding open season for 3 billion cubic feet (Bcf) of available capacity at its natural gas storage facility located near Kermit, Texas. The open season will close on Sept. 14, 2007.

Keystone's current working gas capacity is 5 Bcf, with withdrawal capability of 400 million cubic feet per day (mmcf/d) and injection capability of 160 mmcf/d. The expansion is expected to increase working gas capacity to 8 Bcf and injection capability to 200 mmcf/d.

Located in the Permian Basin production region, Keystone is a high deliverability salt cavern natural gas storage facility that connects to the El Paso Natural Gas, Transwestern Gas Company and Northern Natural Gas Company pipelines. These connections allow Keystone to serve customers and consumers in Texas as well as the Midwestern and Western interstate regions. Keystone has been in service since September 2002.

Interested parties should complete the "request for services" form and return to Keystone. Contact Anne Fiedler at 713-432-2459 or afiedler@chevron.com to obtain a bid package.

SOURCE Chevron Corporation

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