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MRM Royalty In Kind Mid Office Prequalification and Credit

The MMS actively develops, maintains, and expands its base of customers interested in purchasing RIK oil and natural gas production. In addition to offering highly commercial approaches in its RIK commodity sales program, MMS employs industry-based credit processes to manage its risk exposure for the full life-cycle of the business relationship from contract award to final close-out. To participate in the RIK competitive sales program, new bidders must first complete MMS’s pre-qualification process.
 

pdf Customer List

pdf Gas Base Contract - MMS Special Provisions

pdf Crude Oil General Terms and Conditions

pdf Letters of Credit

pdf Surety Bonds

pdf Parent Guaranty Model

pdf Small Refiner Eligibility Form

RIK Key Contacts/FAX/Mailing Addresses

 

    Mid Office Prequalification and Credit Details:
 

The Pre-qualification Process
The MMS manages its pre-qualification process through the RIK Program’s Mid Office organization. Over 50 natural gas and 40 crude oil purchasing companies have, to date, pre-qualified for the participation in the RIK competitive sales program, with additional companies expressing interest each month. More than 50 companies have been awarded sales contracts. Many of these companies are recognized leaders in the domestic energy industry.  pdf
 


Mailing Address:

Overnight Delivery:
Minerals Management Service
Asset Sales and Accounting
P.O. Box 25165, MS 61120B
Denver, CO 80225-0165

Fax Number:  303-231-3846

Minerals Management Service
Asset Sales and Accounting
6th & Kipling
Denver Federal Center, Building 85
MS 61120B
Denver, CO 80225
 
For questions:  Contact David Denson, 281-987-6807 for credit;
Kimbra Davis, 303-231-3514 for RIK oil; Pam Rieger, 303-231-3020 for RIK gas; or
Judi Clark at 303-231-3537 for nominations, invoices, and production imbalances.

 

 
 
 
 
 
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Content: Robert Kronebusch     |    Pagemaster: MRM Web Master
Last Updated: 11/02/2009