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Welcome to the Web Site for Lucy Querques Denett, the
Associate Director for the Minerals Management Service’s Minerals Revenue
Management (MRM) organization. MRM is the Federal program responsible for
the collection, accounting, verification, and disbursement of the nation’s
mineral lease revenues. In fiscal year 2003 the MRM will collect and
process an estimated $6.2 billion for minerals produced on Federal and
Indian leased lands.
Note From the Associate Director
It continues to be
an honor and privilege to serve as the Associate Director for the MRM
organization. I have been with the MRM, formerly Royalty Management
Program, since its inception in 1982. During that time, I held numerous
leadership and managerial positions and was appointed Associate Director
in January 1997. I am fortunate to have an outstanding senior executive
team and some 600 dedicated employees that are truly the best in the
Federal service. We have been through an exciting and challenging journey
that successfully evolved Federal royalty management activities into
today’s MRM program. Even after 20 years, the MRM operational environment
is very dynamic and our assigned mission is robust.
Our vision and
strategic goals here at the MRM are all focused on positioning our program
to be recognized as the best provider of mineral revenue services. The
services we provide have a major economic benefit to taxpayers, states,
and the American Indian community. Since 1982,
the MRM has distributed approximately $120 billion to federal, state, and Indian
accounts, including:
- $75.4 billion
to the U.S. Treasury
- $27.9 billion
to the Land and Water Conservation Fund, the
National Historic Preservation Fund, and the Reclamation Fund
- $13.5 billion
to 38 states
- $3.4 billion
to the Department's Office of Trust Funds Management on
behalf of 41 Indian tribes and 20,000 individual Indian allottees.
Since the early 1990’s we have been engaged in a continuous improvement
process, including several program-wide initiatives, to streamline and
improve the Federal mineral revenue financial and compliance processes.
Today’s MRM is the product of the continuing support, dedication, and hard
work of our workforce. Several multi-year program improvement projects of
national scale have been recently completed. New business processes have
been designed and placed in operation. A new automated financial system
has been successfully designed and implemented for processing mineral
revenue receipts. We are also implementing a new automated compliance
system in support of our compliance and asset management operations.
In
fiscal year 2001 the MRM was assigned responsibility for all Department of
Interior royalty in kind (RIK) activities. As a result, we created a new
RIK Office and initiated work to establish an operational RIK program, the
first of its kind in the Federal government. New RIK business processes
have been designed and implemented consistent with industry best
practices.
Three RIK automated information systems were completed this
year on schedule and within budget. This included a Gas Management System
to manage RIK natural gas sales and a Risk and Performance Management
System to support the RIK performance measurement and decision-making
process. The Liquids Management System was also implemented to manage RIK
crude oil sales and support the President’s national crude oil initiative
to fill the Strategic Petroleum Reserve, a 5-year project that is
dominating the Federal RIK oil program.
The MRM is fully committed to its trust responsibilities to
American Indians. While Indian revenues comprise only three percent of
total mineral receipts, over 20 percent of the
MRM annual operating budget is spent to collect and disburse these
revenues and provide special services for Indian royalty recipients. A
substantial amount of verification and compliance work is performed to
ensure the timely and accurate payment of Indian lease mineral revenues.
The
MRM has received numerous awards for performance innovation and
improvement and has gained the respect of its customers and clientele.
MRM employees are customer oriented and always step forth to help others.
They have also engaged and integrated state and tribal governments and the
minerals industry as full working partners in the MRM operational
processes.
I am very proud of our program and want others to know about the many
important functions we perform in managing the nation’s mineral lease
assets. I previously highlighted some of the MRM organizational entities on this
Web Site. In the near future I plan to post a series of new messages that
will introduce managers and key personnel for other MRM organizational
units and describe the important services they provide.
Please visit this Web Site for additional program information and periodic
updates on key program activities and projects.
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