McJunkin Red Man awarded supply agreement

MRC Global Inc. has announced that its US subsidiary, McJunkin Red Man Corporation (MRC), has been awarded a three-year integrated supply agreement with the largest combined oil and gas producer in California.
This agreement covers all project requirements, maintenance, repair and operations (MRO) supplies and the managing of all materials located at the largest oil and gas warehouse facility in the San Joaquin Basin.
“We are pleased that this customer has chosen our MRC team to be their integrated supply partner,” Andrew Lane, MRC Global Chairman, President & CEO said. “We are proud to have been given this opportunity to work alongside them and do our part to help them provide energy for California.”
With assets located exclusively in California, this customer is the state’s largest producer of oil and gas on a gross-operated basis with approximately 2.3 million net acres covering California’s four major oil and gas basins. Their Elk Hills Field is one of the largest oil and gas fields in the US and supplies more than 40 percent of California’s gas production and five percent of the state’s oil production.
By integrating the two companies’ efforts, MRC will effectively manage the warehousing operations with experienced and knowledgeable MRC employees onsite at the customer’s facility. The agreement will require full systems integration, logistics management and the replenishment of multiple remote inventory locations throughout the field.

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