Our Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing our integrated assets across the United States and Canada.

Revenue

Our transportation assets primarily generate revenue through a combination of tariffs, pipeline capacity agreements and other transportation fees. Our facilities assets generate revenue through a combination of month-to-month and multi-year agreements and arrangements which include storage, throughput and loading/unloading fees at our crude oil facilities, and fees from condensate processing services. We also generate revenue through our commercial and merchant activities that supply volumes to our transportation and storage assets, although such activities are generally low margin.

Assets

As of December 31, 2021, Plains employed a variety of owned or, to a much lesser extent, leased long-term physical transportation and facilities assets throughout the United States and Canada in this segment, including approximately:

  • 18,300 miles of active crude oil pipelines and gathering systems
  • 74 million barrels of commercial crude oil storage capacity at our terminalling and storage locations
  • 38 million barrels of active, above-ground tank capacity used to facilitate pipeline throughput and help maintain product quality segregation
  • 4 marine facilities
  • 1 condensate processing facility
  • 7 crude oil rail terminals
  • 2,100 crude oil railcars
  • 640 trucks and 1,275 trailers