SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KIRKLAND GEORGE L

(Last) (First) (Middle)
6001 BOLLINGER CANYON ROAD

(Street)
SAN RAMON CA 94583

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/22/2005 M 3,400 A $33.125 17,282(1) D
Common Stock 08/22/2005 M 18,000 A $40.4688 35,282 D
Common Stock 08/22/2005 M 16,000 A $39.5625 51,282 D
Common Stock 08/22/2005 S 37,400 D $60.4 13,882 D
Common Stock 26,940(2) I by 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $33.125(3) 08/22/2005 M 3,400(3) 10/30/1997 10/30/2006 Common Stock 3,400(3) (4) 0 D
Non-Qualified Stock Option (Right to Buy) $40.4688(3) 08/22/2005 M 18,000(3) 10/29/1998 10/29/2007 Common Stock 18,000(3) (4) 0 D
Non-Qualified Stock Option (Right to Buy) $39.5625(3) 08/22/2005 M 16,000(3) 10/27/1999 10/27/2008 Common Stock 16,000(3) (4) 0 D
Explanation of Responses:
1. This number includes the acquisition of 7,382 shares of Chevron Corporation common stock from the dividend equivalent accruals from awards granted under the Chevron Long-Term Incentive Plan. The acquisition of shares includes the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.
2. Between 6/25/03 and 8/22/05, the reporting person acquired 14,904 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan. The acquisition of shares includes the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.
3. The option exercise price and number of shares have been adjusted for the September 10, 2004, 2-for-1 stock split of Chevron Corporation common stock.
4. This transaction is an exercise of a non-qualified stock option and the conversion price is reported in column 2.
Christopher A. Butner on behalf of George L. Kirkland 08/24/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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POWER OF ATTORNEY


	The undersigned hereby constitutes and appoints each of LYDIA I. BEEBE,
CHRISTOPHER A. BUTNER, PATRICIA L. TAI, and WALKER C. TAYLOR, signing singly,
the undersigned's true and lawful attorney-in-fact to:

	1.	Execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Chevron Corporation, a Delaware
corporation (the "Corporation"), Forms 3, 4 and 5 in accordance with Section
16(a) of the Securities Exchange Act of 1934, as amended (the Exchange Act),
and the rules thereunder;

	2.	Do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and execute any
such Form 3, 4 or 5 and timely file such form with the United States
Securities and Exchange Commission and any stock exchange or similar
authority; and

	3.	Take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be of
benefit to, in the best interest of, or legally required by, the undersigned,
it being understood that the documents executed by such attorney-in-fact on
behalf of the undersigned pursuant to this Power of Attorney shall be in such
form and shall contain such terms and conditions as such attorney-in-fact may
approve in such attorney-in-fact's discretion.

	The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Corporation assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Exchange Act.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the
Corporation, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has hereunto set his or her hand
this 10th day of August, 2005.


/s/ GEORGE L. KIRKLAND
George L. Kirkland, Executive Vice President