Magellan Midstream Partners, L.P. is engaged in the transportation, storage and distribution of refined petroleum products. The Company operates in three segments: petroleum pipeline system, petroleum terminals and ammonia pipeline system. Its petroleum pipeline system, consists of approximately 9,600 miles of pipeline and 50 terminals. Petroleum terminals include storage terminal facilities (consisting of six marine terminals located along coastal waterways and crude oil storage in Cushing, Oklahoma) and 27 inland terminals. Its ammonia pipeline system is representing 1,100-mile ammonia pipeline and six associated terminals. In July 2013, Magellan Midstream Partners LP announced that it has closed on its previously-announced acquisition of pipeline assets in Texas and New Mexico from Plains All American Pipeline LP. In November 2013, the Company acquired Rocky Mountain pipeline assets from Plains All American Pipeline, L.P.