ONEOK is a diversified energy company engaged in natural gas liquids, natural gas pipelines, and natural gas gathering and processing. It operates primarily in the Mid-Continent, Permian, and Rocky Mountain regions of the United States. ONEOK provides safe and reliable energy services to its diverse customer base, including integrated and independent exploration and production companies, NGL and natural gas gathering and processing companies, crude oil and natural gas production companies, propane distributors, ethanol producers, petrochemical, refining, and NGL marketing companies, natural gas distribution companies, electric-generation facilities, industrial companies, municipalities, producers, processors, and marketing companies.
Senior Vice President, Administrative Services and Corporate Relations
Janet Hogan
Executive and Senior Vice President
Past deals in Oilfield Services
CruxOCM
Series A in 2024
CruxOCM is a developer of operations control management software that aims to enhance the efficiency and safety of control rooms in various industrial sectors, including energy. The company's innovative software leverages robotic industrial process automation to streamline the interactions between control room operators and physical assets in environments such as plants, refineries, oil fields, and LNG facilities. By addressing the complexities and inefficiencies typically associated with traditional operations control rooms, CruxOCM enables clients to achieve a more autonomous and effective control room environment, ensuring safe operations while improving overall productivity.
Medallion Midstream
Acquisition in 2023
Medallion Midstream, LLC is a comprehensive midstream service provider specializing in the gathering, storage, and transportation of crude oil. The company is involved in the design, construction, maintenance, and operation of infrastructure related to both natural gas and crude oil. Its services encompass crude oil gathering, transportation, and storage, along with natural gas gathering, processing, and treating. Medallion Midstream focuses on delivering efficient and reliable midstream solutions to meet the needs of its clients in the energy sector.
Magellan Midstream Partners
Acquisition in 2023
Magellan Midstream Partners is a master limited partnership that specializes in the transportation, storage, and distribution of refined petroleum products and crude oil across the United States. The company operates the longest refined petroleum products pipeline system in the country, which enables it to connect to nearly 50% of the nation's refining capacity. Its operations are divided into three segments: Refined Products, Crude Oil, and Marine Storage. The refined products segment accounts for approximately 70% of the company's operating margin and includes the transportation of gasoline, distillates, aviation fuels, and liquefied petroleum gases for various clients, including independent refiners and oil companies. Additionally, Magellan provides services such as terminalling, additive injection, and custom blending. The company also owns crude oil pipelines and storage facilities, as well as marine terminals that offer distribution and storage solutions. As of the end of 2019, Magellan's extensive pipeline system spanned approximately 9,800 miles and included various terminals and storage capacities, solidifying its position as a key player in the U.S. energy sector.
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