12/18/2025 | Press release | Distributed by Public on 12/18/2025 05:00
| Item 8.01 | Other Events | |||||||
| On December 18, 2025, ONE Gas, Inc. (the "Company") announced a joint infrastructure initiative to support economic growth and enhance energy reliability in southeast Oklahoma. The new pipeline will deliver over 100 billion cubic feet of natural gas annually to Western Farmers Electric Cooperative ("WFEC") in southeast Oklahoma, supporting natural gas-fueled generation at its Hugo Plant. This project will deliver 400 megawatts of natural gas-fueled generation by 2029, which is the first phase of a long-term WFEC resource plan. Overall, the project includes a $150-$160 million investment in a 43-mile, large-diameter natural gas pipeline connecting the Bennington Natural Gas Hub to WFEC's Hugo Plant near Fort Towson, Oklahoma. ONE Gas will invest approximately $120 million, enabling it to deliver the natural gas needed for the long-term future of the Hugo Plant and the region. ONE Gas' local distribution company, Oklahoma Natural Gas, will install and operate the pipeline, which is expected to be completed by the third quarter of 2028. |