Daniel F. Riemer
| Company: |
Marathon Oil Company |
| 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. Riemer provided outstanding assistance to
MMS in implementing its crude oil RIK pilots and Small Refiner Program. On his own
initiative, Mr. Riemer has proactively established excellent working relationships with
key MMS RIK managers to discuss and resolve the major issues related to a lessor taking
oil in kind. Over a 3-year period, Mr. Riemer made himself available on countless
occasions to provide focused, expert industry guidance and perspective on the myriad
operational and market issues faced by a producer/seller of crude oil. Moreover, he has
sought and developed industry consensus on these same issues within industrys
governmental working committees, thus furthering a sense of unity and shared interests in
the RIK arena.
Mr. Riemer provided orientation to MMS and State of Wyoming
RIK team members on the nature of Wyoming crude oil production, transportation, and
marketing. Together with Mr. Andy Franklin, a fellow Marathon employee, he provided
commercial pricing and market information, input on draft bidding documents, and
introductions to key points of contact.
Mr. Riemer also assisted MMS in the overhaul of MMSs
small refiner and unrestricted commercial pilots, based in large part on his observations
of past RIK oil operations. The MMS adopted Mr. Riemers suggestions on new
approaches to custody transfer points, pricing mechanisms, credit risk management, and
contract terms. Mr. Riemer spent many hours personally educating key RIK managers in the
nuances of market pricing of crude oil at Gulf Coast, Pacific, and mid-continent locations
as well as at the NYMEX, including the relationships of pricing used in commercial trading
versus pricing inherent in MMS valuation regulations.
For these reasons, Mr. Riemer is most deserving of the MMS
Corporate Leadership Award.
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