OGE Energy Corp. operates as 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. Segments The company operates through two business segments, Electric Utility and Natural Gas Midstream Operations. Electric Utility This segment generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. Its operations are conducted through Oklahoma Gas and Electric Company (OG&E) and are subject to regulation by the Oklahoma Corporation Commission (OCC), the Arkansas Public Service Commission (APSC), and the Federal Energy Regulatory Commission (FERC). OG&E furnishes retail electric service in 268 communities and their contiguous rural and suburban areas. During 2013, one other community and two rural electric cooperatives in Oklahoma and western Arkansas purchased electricity from OG&E for resale. The service area covers 30,000 square miles in Oklahoma and western Arkansas, including Oklahoma City, Oklahoma; and Fort Smith, Arkansas. Of the 268 communities that OG&E serves, 242 are located in Oklahoma and 26 in Arkansas. OG&E owns and operates an interconnected electric generation, transmission and distribution system, located in Oklahoma and western Arkansas, which included 10 generating stations with an aggregate capability of 6,785 megawatts as of December 31, 2013. As of December 31, 2013, OG&E's transmission system included 51 substations with a total capacity of 12.0 million kilovolt-amps and 4,589 structure miles of lines in Oklahoma; and 7 substations with a total capacity of 2.4 million kilovolt-amps and 278 structure miles of lines in Arkansas. OG&E's distribution system included 353 substations with a total capacity of 9.5 million kilovolt-amps, 29,144 structure miles of overhead lines, 2,239 miles of underground conduit, and 10,617 miles of underground conductors in Oklahoma; and 33 substations with a total capacity of 1.0 million kilovolt-amps, 2,775 structure miles of overhead lines, 232 miles of underground conduit, and 696 miles of underground conductors in Arkansas. Regulation and Rates: OG&E's retail electric tariffs are regulated by the OCC in Oklahoma and by the APSC in Arkansas. The issuance of certain securities by OG&E is also regulated by the OCC and the APSC. OG&E's wholesale electric tariffs, transmission activities, short-term borrowing authorization and accounting practices are subject to the jurisdiction of the FERC. The Secretary of the U.S. Department of Energy has jurisdiction on some of OG&E's facilities and operations. Safety and Health Regulation: OG&E is subject to various federal and state laws and regulations, including the Federal Occupational Safety and Health Act of 1970 (OSHA), U.S. Environmental Protection Agency (EPA), and comparable state statutes, whose purpose is to protect the safety and health of workers. In addition, the OSHA hazard communication standard, the EPA Emergency Planning and Community Right-to-Know regulations under Title III of the Federal Superfund Amendment and Reauthorization Act and comparable state statutes require that information be maintained concerning hazardous materials stored, used or produced in OG&E's operations and that this information be provided or made available to employees, state and local government authorities and citizens. Natural Gas Midstream Operations This segment consists of the company's investment in Enable Midstream Partners, LP (Enable). Enable is engaged in the business of gathering, processing, transporting and storing natural gas. Enable's natural gas gathering and processing assets are located in four states and serve natural gas production from shale developments in the Anadarko, Arkoma and Ark-La-Tex basins. Enable also owns an emerging crude oil gathering business in the Bakken shale formation. Enable is continuing to construct additional crude oil gathering capacity in this area. Enable's natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Alabama and from Louisiana to Illinois. Enable serves major production areas in the United States, including various unconventional shale resource plays and local and regional end-user markets in the United States. Enable's operations include natural gas gathering, processing and fractionation services and crude oil gathering for its producer customers, and interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, utilities and industrial customers. As of December 31, 2013, Enable's portfolio of energy infrastructure assets included approximately 11,000 miles of gathering pipelines, 12 major processing plants with approximately 2.1 Bcf/d of processing capacity, approximately 7,900 miles of interstate pipelines, approximately 2,300 miles of intrastate pipelines and 8 storage facilities comprising 86.5 Bcf of storage capacity. Enable provides gathering, processing, treating, compression, dehydration and natural gas liquid fractionation for natural gas producers. Enable conducts a portion of its operations through joint ventures with third parties, including Spectra Energy; DCP Midstream Partners, LP; Trans Louisiana Gas Pipeline, Inc.; and Pablo Gathering LLC. Strategy The company's strategy is to continue to maintain its existing business mix and diversified asset position of its regulated electric utility business and unregulated natural gas midstream business while providing competitive energy products and services to customers primarily in the south central United States, as well as seeking growth opportunities in both businesses. History OGE Energy Corp. was founded in 1995. The company was incorporated in 1995 in the state of Oklahoma.
oge energy corp
(OGE:New York Consolidated)
321 North Harvey
PO Box 321
Oklahoma City, OK 73101
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