Plains All American Pipeline

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  9. Oil companies of the United States
  10. Oil pipeline companies
  11. Companies listed on the New York Stock Exchange
  12. Companies established in 1993
  13. Companies based in Houston, Texas
  14. Economy of Oklahoma
  15. Payne County, Oklahoma


This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (December 2009)

Plains All American Pipeline (NYSE: PAA) is a publicly traded Master Limited Partnership in the oil pipeline transportation, marketing, and storage business in the United States, LPG business in Canada, and Natural Gas Storage business in Michigan and Louisiana. It owns about 37 million barrels (5,900,000 m³) of terminalling and storage capacity and 15,000 miles (25,000 km) of crude oil pipelines.

The Fortune 500 company, headquartered in Three Allen Center in Downtown Houston, Texas,[1] was traded in 1993 and grew through investment, originally in the Cushing Terminal in Cushing, Oklahoma and mostly acquisition, aimed at improving the transmission of oil to the Midwest.[citation needed]

Major acquisitions include:

  • 1998 - All American Pipeline System
  • 1999 - Scurlock Permian
  • 2001 - assets of Murphy Oil Company Ltd.
  • 2001 - assets of CANPET Energy Group
  • 2002 - pipeline assets from Shell Pipeline Company
  • 2004 - Capline Pipeline System
  • 2004 - Link Energy pipeline system
  • 2006 - Pacific Energy Partners
  • 2009 - PAA/Vulcan Natural Gas Storage and subsequent IPO in April 2010

Plains Midstream Canada

Plains Midstream Canada, an indirect subsidiary of Plains All American Pipeline, does business in 5 provinces in Canada and more than 40 U.S. states. [2]

Rangeland Pipeline Incident

Heavy rains in early June 2012 caused a leak on a Plains Midstream Canada 46-year-old pipeline at Jackson Creek, a tributary of the Red Deer River (Alberta) which spilled approximately 1000 and 3000 barrels (160,000-475,000 litres) of light sour crude into the Red Deer River. [3][4] [5]

References

This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please improve this article by introducing more precise citations. (December 2009)
  1. ↑ "Welcome to Plains All American Pipeline!" Plains All American Pipeline. Retrieved on December 8, 2009.
  2. ↑ [1]
  3. ↑ Plains Midstream Responds [2]
  4. ↑ Bob Weber (June 14, 2012). "Alberta pressured to include leaks in environmental monitoring plan". Financial Post. http://business.financialpost.com/2012/06/14/alberta-pressured-to-include-leaks-in-environmental-monitoring-plan/?__lsa=c12e0e40. Retrieved 2012-06-16.
  5. ↑ Stephen Ewart (June 16, 2012). "Ewart: Calls growing for probe of aging pipeline system: Recent spills highlight ongoing risk". Calgary Herald. http://www.calgaryherald.com/Ewart+Calls+growing+probe+aging+pipeline+system/6793089/story.html. Retrieved 2012-06-16.

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