ONE Future Welcomes ONE Gas, Inc.
-Natural Gas Coalition Membership Reaches 29-
September 23, 2020 – HOUSTON, TX – Our Nation’s Energy Future (ONE Future) announced today that ONE Gas, Inc. (NYSE: OGS) has joined the natural gas coalition; bringing the total number of member companies to 29.
Member companies represent some of the largest U.S. companies across the natural gas value chain. Members focus on identifying policy and technical solutions that yield continuous improvement in the management of methane emissions associated with the production, processing, transmission, and distribution of natural gas. ONE Gas provides natural gas distribution services to more than 2 million customers in Kansas, Oklahoma and Texas.
“ONE Gas has demonstrated its commitment to operating its pipelines and facilities in a way that balances environmental responsibility with sound business decisions,” said Richard Hyde, Executive Director, ONE Future. “I am certain that they will find their membership with ONE Future to be a perfect complement to that commitment.”
ONE Gas will report its 2020 methane results as part of ONE Future’s Distribution sector and will hold a seat on its Board of Directors. The 2018 Methane Intensity Report was released in the Fall of 2019, collectively, the group registered a 2018 methane intensity number of 0.326%, a decrease of 41% from 2017 demonstrating that the natural gas industry can minimize methane emissions and increase production and throughput while supplying much needed energy to the U.S. and around the globe for years to come.
“Natural gas and the natural gas delivery systems continue to play a significant role in supporting emissions reductions,” said Sid McAnnally, Chief Operating Officer of ONE Gas. “We are pleased to partner with ONE Future and its member companies to implement long-term carbon reduction strategies as we continue to provide safe, reliable and affordable energy to the communities we serve.”
About ONE Gas
ONE Gas, Inc. (NYSE: OGS) is a 100% regulated natural gas utility, and trades on the New York Stock Exchange under the symbol “OGS.” ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.
ONE Gas, headquartered in Tulsa, Oklahoma, provides natural gas distribution services to more than 2 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers. For more information, visit http://www.onegas.com.
About ONE Future
ONE Future was formed when eight companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent (or less) of total natural gas production. Since our formation, we have grown to 29 companies accounting for the some of the largest natural gas producers, transmission and distribution companies in the U.S. ONE Future members operate in 11 out of the 19 production basins and other segments of the value chain operate in multiple regions of the country, hence ONE Future’s data represent a geographically diverse and material share of the U.S. natural gas supply chain. Its members include Antero Resources, Apache, Ascent Resources, Atmos Energy, Berkshire Hathaway Pipeline Group, BHP, Boardwalk Pipeline Partners, LP, Dominion Energy, EagleClaw Midstream, Enbridge, Encino, Equinor, EQT, Equitrans Midstream, Hess, Kinder Morgan, National Grid, New Jersey Natural Gas, Noble Energy, NW Natural, ONE Gas, ONEOK, Southern Company Gas, Southern Star, Southwestern Energy, Summit Utilities, TC Energy, Williams and Xcel Energy. For more information visit www.onefuture.us.