Oklahoma Natural Gas is the largest natural gas distributor in the state of Oklahoma. Originally founded in 1906, it is one of the oldest corporations in Oklahoma.[citation needed] Oklahoma Natural Gas is a regulated public utility which serves 871,000 customers, employing 1,100 employees.[1] It operates 19,200 miles of service lines, pipelines and other natural gas properties. Oklahoma Natural Gas is a division of One Gas, Inc.
| Company type | Division of One Gas |
|---|---|
| Industry | Natural gas utility |
| Founded | 1906 |
| Headquarters | Oklahoma City, Oklahoma, United States |
| Products | Natural gas distribution |
Number of employees | 1,100 |
| Parent | ONE Gas |
| Website | www |
Oklahoma Natural Gas has offices located across the state with a division office in downtown Oklahoma City.
History
editOne Gas is a successor to the company founded in 1906 as Oklahoma Natural Gas Company, and became Oneok, Inc. (NYSE: OKE) in 1980. Oneok separated its natural gas distribution business in 2014 to create One Gas, Inc.[2]
To cover debt incurred due to high natural gas prices during the 2021 Texas power crisis, Oklahoma Natural Gas is charging customers up to $7.80 per month for the next 25 years to securitize its costs of $1.4 billion during the crisis.[3] It is also charging customers an exit fee of $687 to who wish to switch their homes to electricity.[3]
References
edit- ^ "Oklahoma Natural Gas About Us".
- ^ "ONEOK, Inc. Announces Plan to Separate its Natural Gas Distribution Business into a New Publicly Traded Company to be Called ONE Gas, Inc" (Press release).
- ^ a b "Winter gas bill from hell: Oklahomans face paying $1.4bn over snowstorm". the Guardian. 2022-01-19. Retrieved 2022-01-19.