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.
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.