The
NewsRoom
Release #: 3130
Date: September 7, 2004
Gibbs Tschudy Named to MRM Post
Deborah Gibbs Tschudy has been
named Deputy Associate Director of the Department of the Interior’s
Minerals Management Service (MMS), Minerals Revenue Management (MRM)
Program, it was announced today by
MRM Associate
Director Lucy Querques Denett.
Ms. Gibbs Tschudy, who previously
served as the Assistant Program Director for Onshore Compliance and
Asset Management, replaces former Deputy Associate Director Milton K.
Dial, who retired from government service Sept. 3.
“Ms. Gibbs Tschudy brings to the
position a wealth of knowledge and vast experience in royalty
management,” according to Denett. “She has held numerous management
and executive level positions within MRM and has earned the respect of
the Department, states, American Indian Tribes and industry.”
Gibbs Tschudy received her
bachelor’s degree in Mathematics from the University of Colorado and
her master’s degree in Mineral Economics from the Colorado School of
Mines. She will maintain her office at the Denver Federal Center
where the MRM Program’s primary operations are located. The MRM
Program is headquartered in Washington, D.C., with compliance offices
also located in Texas, Oklahoma and New Mexico.
Gibbs Tschudy will help oversee
the work of approximately 500 Federal employees in the MRM Program,
including auditors, accountants, geologists and economists. The
program collects and disburses royalty payments from minerals produced
from Federal and American Indian lands and in Federal waters,
processing more than 250,000 transactions each month from more than
26,000 producing leases. In addition to managing mineral revenues,
MRM conducts an extensive compliance program, contracts with states
and Indian Tribes to conduct federally funded audits, establishes
standards and procedures to determine the fair market value of
minerals, and develops—through extensive public processes—regulations
necessary to implement royalty management legislation.
The Minerals Management Service is
the federal bureau in the U.S. Department of the Interior that manages
the nation’s oil, natural gas and other mineral resources on the Outer
Continental Shelf in Federal offshore waters, as well as managing
mineral revenues from onshore Federal and American Indian lands. MMS
collected more than $8 billion in revenues in 2003 and more than $135
billion since it was created in 1982. Nearly $1 billion of those
revenues go into the Land and Water Conservation Fund annually for the
acquisition and development of state and federal park and recreation
lands.
Relevant Web Sites
MMS Main Website
Minerals Revenue Management
Media Contacts
Patrick Etchart
(303) 231-3162
Susan Weaver
(202) 208-3985
MMS: Securing Ocean Energy & Economic Value for
America
U.S. Department of the Interior |