According to the rules of installation of electricity-generating equipment, synchronous machines (generators, compensators, electric motors) must be equipped with automatic excitation control devices. Their application has a positive effect on the stability indicators and electrical power-engineering system modes. Currently, the development of industry and an increase in the number of consumers require transmission capacity growth of existing 220 kV power transmission lines. The use of controlled series compensation devices can significantly increase the transmission capacity of a power transmission line, however, there is a problem of stable operation of the electric power-engineering system. To choose the methods for control parameters of automatic excitation control and controlled series compensation device, it is advisable to analyze the oscillatory steady-state stability of the electric power-engineering system that contain a controlled 220 kV power transmission line when regulating the excitation of its generators. Methods of mathematical modeling of the electric power system, the theory of long-distance power lines and electromechanical transients, methods of analyzing the stability of electric power systems are used. The original software in the C++ programming language has been used as a modeling tool. The authors have analyzed the influence of controlled series compensation of high voltage transmission line and generators of automatic excitation control on oscillatory steady-state stability of electric power system. The parameters value of regulation of the controlled series compensation device and the automatic excitation control are determined, considering restrictions while maintaining the positive influence of these devices. Zones of stability of the examined electric power-engineering system are formed depending on setup variable of the devices under consideration. The obtained results can be used to enhance oscillatory steady-state stability of electric power system with controlled series compensation device and automatic excitation control systems.