Oklahoma Natural Gas
| Company type | Subsidiary |
|---|---|
| Industry | Natural gas distribution |
| Founded | 1906 |
| Headquarters | Oklahoma City , United States |
Area served | Oklahoma |
Number of employees | 1,100 |
| Parent | One Gas, Inc. |
Oklahoma Natural Gas stands as the foremost distributor of natural gas within Oklahoma, catering to a customer base of 871,000 and employing approximately 1,100 staff members. Established in 1906, the company manages an extensive network comprising 19,200 miles of pipelines and service lines under regulatory oversight as a public utility. It functions as a subsidiary of One Gas, Inc., maintaining offices throughout the state and a central division office located in downtown Oklahoma City.
History
The roots of One Gas date back to the establishment of the Oklahoma Natural Gas Company in 1906, which evolved into Oneok, Inc. (NYSE: OKE) by 1980. In 2014, Oneok divested its natural gas distribution segment to create One Gas, Inc.
In the aftermath of the 2021 Texas power crisis, Oklahoma Natural Gas faced expenses totaling $1.4 billion and has implemented a charge on customers reaching up to $7.80 per month over a 25-year period to securitize this financial obligation. Moreover, the company enforces an exit fee of $687 for customers opting to transition from natural gas service to electricity.