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                                    FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934



                         Date of Report: January 6, 1998




                         Commission file number 1-12579



                                OGE ENERGY CORP.
             (Exact name of registrant as specified in its charter)

               Oklahoma                                73-1481638
     (State or other jurisdiction of                (I.R.S. Employer
      incorporation or organization)                 Identification No.)


                               101 North Robinson
                                  P. O. Box 321
                       Oklahoma City, Oklahoma 73101-0321
                    (Address of principal executive offices)
                                   (Zip Code)

                                  405-553-3000
              (Registrant's telephone number, including area code)


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Item 5. Other Events
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On January 5, 1998, OGE Energy Corp., issued the following news release:

OG&E TAKES STEPS TO SAVE RATEPAYERS MONEY

In a move to save ratepayers more than $42 million, OGE Energy Corp., the parent
company of Oklahoma Gas and Electric  Company  (OG&E),  today  announced that an
application  will be  filed  early  this  month  with the  Oklahoma  Corporation
Commission seeking approval for a revised cogeneration contract.

Under federal law, OG&E was obligated to enter into a contract in the 1980s with
a cogeneration plant near Pryor, Okla. The contract,  originally approved by the
Corporation  Commission in 1987, required OG&E to purchase peaking capacity from
the plant for 10 years  beginning  in 1998 -- whether the capacity was needed or
not. The cost to OG&E ratepayers would have been as much as $77 million over the
life of the contract.

The plant's owner,  Mid-Continent Power Company, filed for Chapter 11 bankruptcy
protection in June but recently exited that protection with its new owners,  NRG
Energy  Inc., a subsidiary  of  Minneapolis-based  Northern  States  Power,  and
Florida-based Decker Energy.

During the  bankruptcy  hearing  process,  NRG Energy Inc.  and OGE Energy Corp.
entered  into  negotiations  about the  plant's  future.  The result was a stock
purchase  agreement with OGE Energy Corp.  agreeing to purchase the stock of the
corporation that owns  Mid-Continent's  assets. As part of the transaction,  the
term of the existing cogeneration contract with OG&E will be shortened.

"If this  transaction  is  approved,  it will  provide  savings of more than $42
million for our  ratepayers,"  said Jack Coffman,  OG&E vice  president of power
supply.  "In addition,  it reduces the  possibility of OG&E's  ratepayers  being
required to pay the stranded costs  associated with the original  contract after
deregulation."

The Mid-Continent  facility produces steam for several manufacturers in addition
to generating electricity.  Completion of the transaction will require approvals
from the Federal  Energy  Regulatory  Commission,  the Arkansas  Public  Service
Commission  and  the  Oklahoma  Corporation  Commission.  Upon  receipt  of such
approvals, OGE Energy Corp. expects to own and operate the facility as an exempt
wholesale generator (EWG).






                                   SIGNATURES





         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.






                                   OGE ENERGY CORP.
                                     (Registrant)




                  By           /s/    James R. Hatfield
                    -------------------------------------------------
                                      James R Hatfield
                                Vice President and Treasurer

                    (On behalf of the registrant and in his capacity
                     as Vice President and Treasurer)




January 6, 1998