Natural Gas Company, Peoples Fuel Supply Company and
the Oklahoma Fuel Supply Company were consolidated with
the Oklahoma Natural Gas Company. In May, 1919, the
authorized capital was increased from $10,000,000 to $15,000,-
000. Of the $5,000,000 of new stock, $700,000 remains un-
issued, making the outstanding capitalization $14,300,000.
The total funded debt is $650,000, and the total assets amount
to over $20.000.000.
The company owns 108 gas wells and controls by gas
purchase contracts 238 gas wells. The operated acreage is
110,000, unoperated acreage 23,000, acreage controlled by
gas purchase contracts 89,000, making total acreage of 222,000
acres. The pipe lines consist of approximately 1,450 miles of
various size pipe, ranging from 2’ to 16”, traversing 25
different counties in the State of Oklahoma and serving 43
towns and 75,000 consumers with natural gas. Gross sales
of gas for the year 1922 were 14,907,952,000 cubic feet. The
company owns and maintains seven compressing stations
with total of 9,785 horsepower. Number of employees varies
at different periods in the year from approximately 600 to
1200.
The following towns are supplied by the company through
its own distributing plants: Tulsa, Sapulpa, Claremore,
Chandler, Haskell, Edmond, Bixby, Coweta, Davenport, Red
Fork, Shamrock, Kellyville, Pond Creek, Porter, Lamont,
Dawson, Depew, Arcadia, Deer Creek, Stroud, Nardin, Inola,
Midlothian, Wellston, Turley, Meeker, Peckham, Hunter,
Ramona and Luther.
The company supplies the following towns at the city
border, other companies owning the distributing plants:
Oklahoma City, Muskogee, Shawnee, Guthrie, Enid, Chick-
asha, Oilton, Bethany, Britton, El Reno, Yukon, Duncan
and Marlow.