Transcript OGE Energy Corp. - Wyoming Pipeline Authority

Today’s Discussion
• Share with you about our company and the
businesses we operate
• Share with you about our interest in
Wyoming’s energy infrastructure and in the
Cheyenne Plains Pipeline Expansion
Project
• Share with you our hopes for long-term
relationships with the Wyoming producer
community
OGE Energy Corp.
OGE Energy Corp.
Enogex Inc.
OG&E Electric Services
OGE Energy Resources, Inc.
Ozark Gas Transmission
(majority owned)
OGE Energy Corp.
• Total Assets (EOY 2002)
$4.1 billion
• 2002 Revenues
$3.0 billion
• 2002 Net Income
$91 million
• Credit ratings
BBB+ (S&P)
Baa1
(Moody’s)
• NYSE Listing
OGE
• Corporate Headquarters
Oklahoma City, OK
OG&E Electric Services
• Regulated utility serving approximately
700,000 customers in Oklahoma and
western Arkansas
• 5,700 MW’s power generation facilities
 ~3,000 MW’s coal-fired generation consuming
10.5 million tons (177 million MMBtu) of WYcoal in 2002
 ~2,700 MW’s natural gas-fired generation
Enogex Companies
Enogex’s Core Businesses
Enogex Companies
Gathering &
Processing
Transportation
& Storage
Natural Gas
Liquids
Energy Marketing
& Trading
ENOGEX
OKLAHOMA
ANADARKO
BASIN
Bartlesville
Tulsa
Muskogee Fayetteville OZARK
Jonesboro
Fort Smith
ARKOMA
BASIN
Lawton
Hot
Springs
Little
Rock
TRANSOK
ARKANSAS
Dallas
TEXAS
LEGEND
Leased Capacity
Transok System
Enogex System
Ozark System
OG&E Service Area
OG&E Power Plants
Enogex Companies Gathering
• Among top 3 gatherers in Oklahoma with
additional assets in Arkansas & Texas.
• Among top 3 processors in Oklahoma
• Average processing throughput ~500,000
MMBtud
• Fleet of over 500,000 hp of compression
assets
Enogex Companies –
Natural Gas Liquids
• Ethane, propane, iso-butane, nbutane, natural gasoline
• Deliverability at tailgate,
Mont Belvieu, TX, and Conway, KS,
and plant sites for propane rack sales
• Average 2002 volume just under 1
million NGL gallons per day
Enogex Companies
• Ozark Gas Transmission is an interstate
pipeline providing transportation and
storage services to local distribution
companies, power generators, and
industrial customers in eastern Oklahoma
and Arkansas.
 Interconnected to NGPL, MRT, and TETCO
 330,000 Mcfd capacity
Enogex Companies Transportation & Storage
• Enogex provides bundled sales,
transportation, and storage services
to directly connected on-system
markets with peak daily usage of
~2 Bcfd. (~1.8 Bcfd to power
generation)
 Interconnected to 12 interstate and
intrastate pipelines in Oklahoma
 ~32 Bcf storage with approximately
650,000 Mcfd peak deliverability from
storage
Enogex Companies Energy Marketing & Trading
• OGE Energy Resources, Inc.
• Over 1 Bcfd average physical volume
• Active in all major mid-continent markets
• Executes commodity optimization & risk
management/hedging services for
corporate and third-party customers
• Operates a full-service 24-hour wholesale
power trading operation
Why are we here?
• We are dedicated to serving the needs of
producers as evidenced by our long history
of service to producers in the midcontinent.
• We believe in the strategic importance of
the Rockies as a critical source of natural
gas supply.
• We believe that by working with producers,
we can create value for both producers and
our shareholders.
Why Cheyenne Plains?
(60,000 MMBtud FT Capacity)
• This position will allow us to extend midContinent liquidity to producers in the
Rockies.
• This position will increase our ability to
meet the needs of markets in the midContinent.
• The Cheyenne Plains pipeline project
interfaces uniquely with mid-Continent
pipeline and storage assets and energy
markets.
Service Offerings to Producers
• Net-back pricing for producers from highly liquid
mid-continent markets.
• Enhanced liquidity, hedging, and credit offsets for
producers with positions diversified across
multiple supply basins.
• Potential gathering, processing, and asset
management/optimization services in areas
upstream of Cheyenne Hub.
Contact Us
• Contact:
Jim Lindsay, Vice President
Business Development & Marketing
• Phone:
800-736-8492
405-553-6950
• E-mail:
[email protected]
[email protected]
• Mail Address:
P.O. Box 24300 (E454)
Oklahoma City, OK 73124
• Website:
www.enogex.com