Plains All American Pipeline MENU COMPANY HISTORY Home About Us Company History Key events in our company's history: 1981 Plains begins as a small oil and gas exploration and production company called Plains Resources. 1989 Plains Resources creates a midstream subsidiary to market its oil and gas and that of other producers. 1992-1993 The focus shifts solely to crude oil and targets building and acquiring terminals, gathering systems, pipelines, trucks and other midstream assets. 1993-1994 Constructs the Cushing Terminal in Oklahoma, a 2-million-barrel crude storage facility that was the largest infrastructure development west of the Mississippi at the time, and acquires land for future expansion. 1998 Acquires the All American Pipeline and executes IPO of Plains All American. 1999 Acquires Scurlock Permian and Chevron West Texas Pipeline. 2001 Management and investor group acquires controlling interest in PAA’s GP from Plains Resources and separates the midstream business from the exploration and production business. 2001 Acquires CANPET and Murphy Oil Company’s midstream crude oil assets, consolidating the two into what is now known as Plains Midstream Canada. 2005-2006 Secures 2,500 acres on the Mississippi River in Louisiana and builds Phase I and II of the St. James Terminal. After continued expansions over the years, the terminal is now a 12.5-million-barrel crude storage and terminalling facility that includes a private dock, creating a hub for Plains on the Gulf Coast. 2006 Completes merger with Pacific Energy Partners and makes eight acquisitions. 2008-2013 Opens the 2.8-million-barrel Patoka Terminal in Illinois, providing initial direct access to Canadian crude. Patoka grows through a series of five expansion projects to become a 6.1-million-barrel storage hub. 2012 Acquires Canadian NGL assets from BP. 2013 Executes IPO of portion of PAA’s General Partner (NYSE:PAGP). 2016 The Red River Pipeline enters service, capable of moving 110,000 barrels per day of crude oil from Cushing, Okla. to Longview, Texas. 2017 Acquires the Alpha Crude Connector gathering system in the Permian Basin. The Diamond Pipeline, a joint venture with Valero and the largest organic pipeline system construction project in the company’s history, enters service. 2018 Celebrated 20 years of PAA being publicly listed VIEW OUR 20 YEAR VIDEO 2019 The Cactus II Pipeline System enters service, capable of transporting 670,000 barrels of crude oil per day from Wink, Texas to Corpus Christi. Corporate Headquarters: 333 Clay Street, Suite 1600, Houston, TX 77002713.646.4100 Employee Login Privacy Policy Site Map Terms of Use © 2015 Plains All American Pipeline