Charles
Mertz
| Company: |
Dynegy
Marketing and Trade, Inc. |
|
Nominator: |
Gregory W.
Smith, MRM, Deputy Program Manager, RIK Stacy Leyshon, MRM,
Supervisory Minerals Revenue Specialist, RIK |

Left to
Right: MMS Director Johnnie Burton, Dan Riemer, Sharon Redding, Charlie
Mertz, Rob Hain, and Minerals Revenue Management Associate Director Lucy
Querques Denett
Mr. Mertz contributed significantly as MMS
implemented its natural gas RIK pilots. Over a period of nearly three years
and on his own initiative, Mr. Mertz reached out to key MMS RIK managers. He
advised, consulted, and informed MMS on the full spectrum of issues related
to natural gas production, marketing, transportation, and processing. He has
consistently granted his generous and frequent assistance at levels over and
above that necessary to conduct routine business between Dynegy and MMS. His
commitment has proven invaluable to the growth of MMS RIK knowledge of
natural gas business operations.
In the infancy of the MMS gas RIK pilots, Mr.
Mertz provided MMS numerous overviews of the operation of individual
pipeline systems. He explained flow characteristics, markets served,
pipeline nomination and penalty procedures, processing nuances, and
optionality in market and flow. He provided MRM with the primary industry
points of contact for these systems. At a time when the team urgently needed
education, Mr. Mertz’s efforts facilitated development of commercially
attractive, standard contracting documents and sound decisionmaking.
Mr. Mertz also mentored MMS gas RIK
management and staff on the nature and meaning of lease-level and pipeline
imbalances and associated penalty exposures. He developed an imbalance
accrual and banking mechanism that equitably priced and monitored lease and
pipeline imbalances. The MMS used this process extensively in its
aggregation contracts. On behalf of Dynegy Marketing and Trade, Mr. Mertz
has provided a level of customer service well beyond what many midstream
companies have considered typical for producer services. Nominations have
never been dropped. Royalty gas has been moved and/or re-delivered despite
what others would term "force majeure" situations. Communication has been
frequent and timely. Responsiveness to MMS has always been a priority.
Mr. Mertz creatively and successfully
demonstrated synergies between gas and liquids markets for MMS gas, a
process that has directly led to greater values and competition for royalty
gas.
For these reasons, Mr. Mertz is most
deserving of the MMS Corporate Leadership Award.
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