ONE Gas Invests $120 Million in New Southeast Oklahoma Pipeline

Reuters12-18 19:00

ONE Gas Invests $120 Million in New Southeast Oklahoma Pipeline

ONE Gas Inc. has announced a major investment to support economic growth and energy reliability in southeast Oklahoma. The company will invest approximately $120 million as part of a joint infrastructure initiative, which includes building a 43-mile, large-diameter natural gas pipeline connecting the Bennington Natural Gas Hub to Western Farmers Electric Cooperative’s Hugo Plant near Fort Towson. The project, with a total investment of $150-$160 million, will deliver over 100 billion cubic feet of natural gas annually and support 400 megawatts of natural gas-fueled generation by 2029. Oklahoma Natural Gas, a local distribution company of ONE Gas, will install and operate the pipeline, which is expected to be completed by the third quarter of 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ONE Gas Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001587732-25-000064), on December 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The company will invest approximately $120 million as part of a joint infrastructure initiative, which includes building a 43-mile, large-diameter natural gas pipeline connecting the Bennington Natural Gas Hub to Western Farmers Electric Cooperative’s Hugo Plant near Fort Towson. The project, with a total investment of $150-$160 million, will deliver over 100 billion cubic feet of natural gas annually and support 400 megawatts of natural gas-fueled generation by 2029. Oklahoma Natural Gas, a local distribution company of ONE Gas, will install and operate the pipeline, which is expected to be completed by the third quarter of 2028.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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