The Permian Basin is the largest crude oil-producing region in the United States, providing critical energy resources for the U.S. The Permian Basin is home to Plains All American’s largest asset base. With more than 4,700 miles of pipeline and 18 million barrels of crude oil storage capacity, our extensive network of gathering and long-haul lines connects producers to local refineries, U.S. refining centers in the mid-continent and Gulf Coast regions, as well as dock facilities that enable crude oil export to markets around the world. Including our U.S. Control Center, we employ more than 400 employees in the region.
Plains has invested more than $3 billion in organic growth and acquisitions in the Permian Basin over the last five years. To meet the growing needs of our customers, we are investing an additional $2+ billion to expand our asset footprint including takeaway capacity from the Permian Basin to major markets and export facilities.
The Cactus II System
The Cactus II System includes a combination of existing pipelines and new pipeline construction projects originating in Wink, Texas and extending to Corpus Christi. This system will have a capacity of transporting 670,000 barrels of crude oil per day. A new terminal south of Taft, Texas is also being constructed and will include more than 1 million barrels of crude oil storage. The construction projects related to the Cactus II System are anticipated to support 2,650 construction jobs. The Cactus II System is targeted for partial service in the fourth quarter of 2019 and targeted for full service in the second quarter of 2020. This system is owned by joint venture Cactus II Pipeline LLC, and Plains will construct and operate the system on behalf of the joint venture partners.
Cactus II Pipeline LLC strives to be a good neighbor in the communities where we work and operate. To demonstrate our commitment, we are offering a First Responder Grant Program aimed at supporting the training and response equipment needs of responders along the Cactus II Pipeline route in Texas. The grant program helps first responders better serve their local communities by providing additional resources that enhance their safety and training. Click here to download the grant application.
The Sunrise Extension/Loop
Two pipeline construction projects, Midland-to-Colorado City and Colorado City-to-Wichita Falls, are designed to enhance connectivity for crude oil produced and transported through the Permian Basin region to the nation’s largest oil storage hub in Cushing, Oklahoma as well as to the Gulf Coast. Together, these construction projects support 1300 construction jobs and additional permanent jobs once in operation. The targeted in-service dates for these two projects is early 2019.