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About
OGE Energy Corp.is an energy and energy services provider offering physical delivery and related services for both electricity and natural gas primarily in the south central United States. It operates through two business segments: Electric Utility and Natural Gas Midstream Operations. The Electric Utility business segment generates, transmits, distributes and sells electric energy in Oklahoma and Western Arkansas. The Natural Gas Midstream Operations segment engaged in the business of gathering, processing, transporting, storing, and marketing of natural gas. OGE Energy was founded in August 1995 and is headquartered in Oklahoma City, OK. | |||
Description
OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in two segments, Electric Utility and Natural Gas Midstream Operations. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. This segment furnishes retail electric service in 267 communities and their contiguous rural and suburban areas; and owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating facilities. The Natural Gas Midstream Operations segment is involved in gathering, processing, transporting, and storing natural gas; and the provision of crude oil gathering services, and interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, industrial end users, and natural gas marketers. As of December 31, 2016, the company owned and operated interconnected electric generation, transmission, and distribution system, including 10 generating stations with an aggregate capability of 6,667 megawatts; and a transmission system comprising 52 substations and 4,889 structure miles of lines in Oklahoma, and 7 substations and 277 structure miles of lines in Arkansas. Its distribution system consisted of 342 substations, 29,278 structure miles of overhead lines, 2,690 miles of underground conduit, and 10,817 miles of underground conductors in Oklahoma, as well as 30 substations, 2,782 structure miles of overhead lines, 270 miles of underground conduit, and 692 miles of underground conductors in Arkansas. OGE Energy Corp. was founded in 1995 and is headquartered in Oklahoma City, Oklahoma. |