Oklahoma Gas & Electric

Oklahoma Gas & Electric
OGE Energy Corp. (OGE)
Type Public (NYSEOGE)
Industry Energy, Natural Gas, Private utility
Founded 1902[1]
Headquarters Oklahoma City, Oklahoma, USA
Key people Pete Delaney, President, Chairman of the Board & CEO
Danny Harris, COO
Sean Trauschke, CFO
Products Electricity, Natural Gas
Revenue increase $4.0 billion USD (2006)
Net income increase $262 million USD (2006)
Employees increase 3,100 (2007) [2]
Website www.oge.com

Oklahoma Gas & Electric (OG+E) is a regulated electric utility company that serves over 750,000 customers in Oklahoma and western Arkansas. On December 9, 2007 OG&E experienced the worst power outage in Oklahoma history with over 250 thousand customers without power and over 630 thousand state wide. The outage was the result of a huge regional winter ice storm.

OGE Energy Corp. (NYSEOGE), with headquarters in downtown Oklahoma City, is the parent company of Oklahoma Gas and Electric Company, a regulated electric utility, and Enogex Inc., a natural gas pipeline business. OGE Energy and its subsidiaries have about 3,100 employees.

Contents

OG&E

OG&E Electric Services serves approximately 754,840 customers in Oklahoma and western Arkansas, and a number of wholesale customers throughout the region. OG&E, with nine power plants capable of producing about 6,100 megawatts, generates about 70% of its electricity from low-sulfur Wyoming coal and 30 percent from natural gas.

OG&E also has roughly 170 megawatts of wind power. Under the plan announced on October 29, 2007, President and CEO Peter Delaney announced that wind power could be increased to about 770 MW.[3]

OG&E is the largest electric utility in the state of Oklahoma.[3] The company delivers all of its electricity across an interconnected transmission and distribution system spanning 30,000 square miles (78,000 km2).

Enogex

Enogex is engaged in natural gas gathering, processing, transportation, storage and marketing. Enogex operates a natural gas pipeline system with about 8,000 miles (13,000 km) of pipe, six processing plants, and 23 billion cubic feet (650×10^6 m3) of gas storage capacity, principally in Oklahoma.

OGE Energy Resources

OGE Energy Resources conducts the company's energy marketing and related activities. Operating in the national commodities markets for electricity and natural gas, Energy Resources' primary role is to optimize the generation, transmission and pipeline assets of OGE Energy.

References

  1. ^ "OG&E - About Us". OGE Eneregy. http://www.oge.com/about-us/history-book.asp. Retrieved 2007-05-25. 
  2. ^ "OG&E - About Us". OGE Energy. Archived from the original on 2007-05-24. http://web.archive.org/web/20070524040536/http://www.oge.com/about-us/. Retrieved 2007-05-25. 
  3. ^ a b NewsOK.com Article

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