The agreement awaits regulatory approval and includes long-term payment commitments and protections against shifting costs to other ratepayers.
The Tulsa-based company’s deal adds more than 4,000 miles of pipeline and expands its natural gas operations serving Gulf Coast markets.
The AFP-Oklahoma director argued that federal delays threaten Oklahoma energy investment and ultimately raise costs for consumers.
The SBIC-E Initiative will direct private capital toward nuclear power, grid equipment, critical minerals, traditional energy, and domestic supply chains.
The Tulsa-based energy company said it reached 82% of its 2030 emissions-reduction target for legacy assets while expanding its operations and technology investments.
At Deer Creek Public Schools, a new compressed natural gas fueling system could save the district up to $400,000 annually while supporting Oklahoma jobs and second-chance employment.
The state’s selection echoes a broader push to move from one-time projects toward research platforms capable of attracting sustained investment, talent, and advanced industry.
The agreement would resolve a 21-year case over pollution in the Illinois River Watershed, though Gov. Kevin Stitt criticized the settlement and the litigation’s impact on poultry growers.
The State Chamber said a well-designed approach can help Oklahoma compete for major investments without shifting disproportionate costs to existing utility customers.
The proposed tariff would require large-load users, including data centers, to pay connection costs and other charges tied to increased energy demand.
