It's all good. Runway 17/35 has plenty of room to extend about another 2000' on the south end if needed. That, in additional with widening the runway another 50 feet would allow pretty much any size aircraft to operate into there. The issue then becomes the weight limits on the taxiways and ramp areas. I'm not sure what the largest aircraft operated into OUN has been so far, largest I've seen is an Embraer ERJ-145. SWO (stillwater) has had OSU charter in 737s for their football team before there, and their runway width is only 100' as well but length around 7400'.
For Norman itself, it would probably be a good idea to look at investing in the airport some more an increasing the capacity of 17/35. It would relieve many restrictions when it comes to aircraft size (and flight distance) to help not only the business community but also the school.
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