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Inventory, Linefill and Base Gas and Long-term Inventory | 3 Months Ended
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Mar. 31, 2017
Inventory, Linefill and Base Gas and Long-term Inventory |
Inventory, Linefill and Base Gas and Long-term Inventory | Inventory, Linefill and Base Gas and Long-term Inventory Inventory, linefill and base gas and long-term inventory consisted of the following (barrels and natural gas volumes in thousands and carrying value in millions):
| March 31, 2017 |  |  | December 31, 2016
| Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1) |  |  | Volumes |  | Unit of Measure |  | Carrying Value |  | Price/ Unit (1)
Inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 21,710 |  |  | barrels |  | $ | 1,071 |  |  | $ | 49.33 |  |  |  | 23,589 |  |  | barrels |  | $ | 1,049 |  |  | $ | 44.47 |
NGL | 5,396 |  |  | barrels |  | 120 |  |  | $ | 22.24 |  |  |  | 13,497 |  |  | barrels |  | 242 |  |  | $ | 17.93 |
Natural gas | 3,630 |  |  | Mcf |  | 10 |  |  | $ | 2.75 |  |  |  | 14,540 |  |  | Mcf |  | 32 |  |  | $ | 2.20 |
Other | N/A |  |  |  |  | 18 |  |  | N/A |  |  |  | N/A |  |  |  |  | 20 |  |  | N/A |
Inventory subtotal |  |  |  |  |  | 1,219 |  |  |  |  |  |  |  |  |  |  |  | 1,343 |  |  |  |
Linefill and base gas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 12,679 |  |  | barrels |  | 729 |  |  | $ | 57.50 |  |  |  | 12,273 |  |  | barrels |  | 710 |  |  | $ | 57.85 |
NGL | 1,646 |  |  | barrels |  | 46 |  |  | $ | 27.95 |  |  |  | 1,660 |  |  | barrels |  | 45 |  |  | $ | 27.11 |
Natural gas | 24,976 |  |  | Mcf |  | 108 |  |  | $ | 4.32 |  |  |  | 30,812 |  |  | Mcf |  | 141 |  |  | $ | 4.58 |
Linefill and base gas subtotal |  |  |  |  |  | 883 |  |  |  |  |  |  |  |  |  |  |  | 896 |  |  |  |
Long-term inventory |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Crude oil | 2,345 |  |  | barrels |  | 101 |  |  | $ | 43.07 |  |  |  | 3,279 |  |  | barrels |  | 163 |  |  | $ | 49.71 |
NGL | 1,418 |  |  | barrels |  | 30 |  |  | $ | 21.16 |  |  |  | 1,418 |  |  | barrels |  | 30 |  |  | $ | 21.16 |
Long-term inventory subtotal |  |  |  |  |  | 131 |  |  |  |  |  |  |  |  |  |  |  | 193 |  |  |  |
Total |  |  |  |  |  | $ | 2,233 |  |  |  |  |  |  |  |  |  |  |  | $ | 2,432 |  |  |  |
(1) | Price per unit of measure is comprised of a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.

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- Definition The complete disclosure related to inventory, linefill and base gas and long-term inventory. This may include, but is not limited to, the basis of stating inventory, linefill, and base gas and long-term inventory, the method of determining inventory, linefill and base gas and long-term inventory cost, the major classes of inventory, linefill and base gas and long-term inventory, and the nature of the cost elements included in inventory, linefill and base gas and long-term inventory. If inventory, linefill and base gas and long-term inventory is stated above cost, accrued net losses on firm purchase commitments for inventory, linefill and base gas and long-term inventory and losses resulting from valuing inventory, linefill and base gas and long-term inventory at the lower-of-cost-or-market may also be included. + References No definition available. + Details
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Namespace Prefix: | paa_
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