Plains begins as a small oil and gas exploration and production company called Plains Resources.
Plains Resources creates a midstream subsidiary to market its oil and gas and that of other producers.
Plains shifts its focus solely to crude oil and targets building and acquiring terminals, gathering systems, pipelines, trucks and other midstream assets.
Plains 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.
Acquires the All American Pipeline and executes IPO of Plains All American (NYSE: PAA).
Acquires Scurlock Permian and Chevron West Texas Pipeline.
The Cushing Terminal is expanded through a series of five construction phases, adding 20 crude storage tanks for a total of 7.5 million barrels of capacity.
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.
Acquires Link Energy's North American crude oil and pipeline operations, effectively doubling Plains' asset base.
Secures 2,500 acres on the Mississippi River in Louisiana and builds Phase l and II of the St. James Terminal, of what is now a 13-million-barrel crude storage and terminalling facility, creating a hub for Plains on the Gulf Coast.
Completes merger with Pacific Energy Partners and makes eight acquisitions.
Plains aggressively expands the Cushing Terminal over a series of six construction phases in three years, bringing the terminal's liquid storage capacity to 18.5 million barrels.
Opens the 2.8-million-barrel Patoka Terminal in Illinois, providing direct access to Canadian crude. Patoka grows through a series of five expansion projects to become a 6.1-million-barrel storage hub.
Plains constructs a private dock at its St. James Terminal, including two berths with the capability to support marine equipment from inland barges to Suezmax vessels and a dedicated condensate facility, bringing total storage to 9.9 million barrels.
Rail terminals are constructed/acquired in St. James, La.; Manitou and Van Hook, N.D.; Yorktown, Va.; Carr and Tampa, Colo.; Bakersfield, Calif.; and Kerrobert, Saskatchewan.
Plains acquires Canadian NGL assets from BP.
The St. James Terminal completes four terminal expansions, including a new mini-terminal, bringing its total terminal storage capacity to 12 million barrels.
Executes IPO of a portion of PAA's General Partner (NYSE: PAGP).
Expands Cushing again, including a high-volume manifold and 1.6 million barrels of additional storage, bringing total storage capacity to 20+ million barrels and making it one of the largest oil storage hubs in the U.S.
Acquires the Alpha Crude Connector gathering system in the Permian Basin.