at december 31 , 2016 and february 22 , 2017 we continued to operate four drilling rigs in the delaware basin , including two rigs in our rustler breaks asset area , one rig in our wolf asset area and one rig in our ranger and arrowhead asset areas in lea and eddy counties , new mexico . the vast majority of our 2016 capital expenditures of $ 454.4 million were directed to the delineation and development of our leasehold position in the delaware basin , to the development of certain midstream assets to support our operations there and to the acquisition of additional leasehold interests prospective for the wolfcamp , bone spring and other liquids-rich plays in the delaware basin . our remaining capital expenditures were directed to the installation of pumping units and other facilities on certain of our eagle ford shale wells in south texas and to our participation in several non-operated wells drilled and completed in the eagle ford and haynesville shales throughout 2016 , as noted above . we increased our leasehold position significantly in the delaware basin during 2016. at december 31 , 2016 , we held approximately 163,700 gross ( 94,300 net ) acres in the permian basin in southeast new mexico and west texas , primarily in the delaware basin in lea and eddy counties , new mexico and loving county , texas . between january 1 , 2017 and february 22 , 2017 , we acquired approximately 13,900 gross ( 8,200 net ) leasehold and mineral acres and approximately 1,000 boe per day of related production from various lessors and other operators , mostly in and around our existing acreage in the delaware basin . this brought our total permian basin acreage position at february 22 , 2017 to 177,600 gross ( 101,400 net ) acres , almost all of which was located in the delaware basin . our oil production , natural gas production and average daily oil equivalent production during 2016 were the best in the company 's history . our average daily oil equivalent production for the year ended december 31 , 2016 was 27,813 boe per day , including 13,924 bbl of oil per day and 83.3 mmcf of natural gas per day , an increase of 12 % as compared to 24,955 boe per day , including 12,306 bbl of oil per day and 75.9 mmcf of natural gas per day , for the year ended december 31 , 2015 . our average daily oil production in 2016 of 13,924 bbl of oil per day increased 13 % , as compared to an average daily oil production of 12,306 bbl of oil per day in 2015 . this increase in oil production was primarily a result of our ongoing delineation and development drilling in the delaware basin , which offset declining oil production in the eagle ford shale where we have not drilled any new operated wells since the second quarter of 2015. our average daily natural gas production of 83.3 mmcf per day for the year ended december 31 , 2016 increased 10 % from 75.9 mmcf per day for the year ended december 31 , 2015 . this increase in natural gas production was primarily attributable to increased natural gas production associated with our operations in the delaware basin and new , non-operated haynesville shale wells completed and placed on production on our elm grove properties in northwest louisiana in the latter half of 2015 and into 2016. oil production comprised 50 % of our total production ( using a conversion ratio of one bbl of oil per six mcf of natural gas ) for the year ended december 31 , 2016 , as compared to 49 % for the year ended december 31 , 2015 . for the year ended december 31 , 2016 , our oil and natural gas revenues were $ 291.2 million , an increase of 5 % from oil and natural gas revenues of $ 278.3 million for the year ended december 31 , 2015 . our oil revenues and natural gas revenues increased 3 % and 8 % to approximately $ 209.9 million and $ 81.2 million , respectively , as a result of the increases in oil and natural gas production for the year ended december 31 , 2016 as noted above , as compared to $ 203.4 million and $ 75.0 million , respectively , for the year ended december 31 , 2015 . the increase in both oil and natural gas production in 2016 helped to mitigate the impacts of somewhat lower realized weighted average oil and natural gas prices of $ 41.19 per bbl and $ 2.66 per mcf in 2016 , respectively , as compared to $ 45.27 per bbl and $ 2.71 per mcf in 2015 , respectively . we reported a net loss of approximately $ 97.4 million , or $ 1.07 per diluted common share on a gaap basis for the year ended december 31 , 2016 , as compared to a net loss of $ 679.8 million , or $ 8.34 per diluted common share , for the year ended december 31 , 2015 . our net loss and net loss per diluted common share on a gaap basis were significantly impacted by full-cost ceiling impairments of $ 158.6 million and $ 801.2 million for the years ended december 31 , 2016 and 2015 , respectively , as a result of substantial declines in oil and natural gas prices throughout 2015 and 2016. adjusted ebitda for the year ended december 31 , 2016 was $ 157.9 million , as compared to adjusted ebitda of $ 223.2 million reported for the year ended december 31 , 2015 . story_separator_special_tag from a lower weighted average natural gas price realized for the year ended december 31 , 2015 of $ 2.71 per mcf , as compared to $ 5.08 per mcf realized for the year ended december 31 , 2014. the lower weighted average natural gas price was partially mitigated by the 81 % increase in our natural gas production to 27.7 bcf for the year ended december 31 , 2015 , as compared to 15.3 bcf for the year ended december 31 , 2014. the increased natural gas production was primarily attributable to new , non-operated haynesville shale wells completed and placed on production on our elm grove properties in northwest louisiana during the latter half of 2014 and into 2015 , but also included increased natural gas production associated with our operations in the delaware basin and the eagle ford shale . third-party midstream services revenues . our third-party midstream services revenues increased to $ 1.9 million , or an increase of 54 % , for the year ended december 31 , 2015 , as compared to $ 1.2 million for the december 31 , 2014 . the increase was primarily attributable to third-party oil , natural gas and salt water gathering and salt water disposal fees in our wolf asset area . 61 realized gain ( loss ) on derivatives . our realized net gain on derivatives was $ 77.1 million for the year ended december 31 , 2015 , as compared to a realized net gain of $ 5.0 million for the year ended december 31 , 2014. we realized net gains of $ 62.3 million , $ 12.7 million and $ 2.2 million from our oil , natural gas and ngl derivative contracts , respectively , for the year ended december 31 , 2015 resulting from oil and natural gas prices being below the floor prices of most of our costless collar contracts and ngl prices being below the fixed prices of all of our swap contracts . our realized net gain on derivatives was $ 5.0 million for the year ended december 31 , 2014. we realized a net gain from our oil derivative contracts of approximately $ 5.2 million and a net gain of $ 0.5 million from our ngl derivative contracts for the year ended december 31 , 2014 due to oil prices being below the floor prices of some of our oil costless collar contracts and ngl prices being below the fixed prices of some of our swap contracts , respectively , especially during the latter part of 2014. these gains were partially offset by a net loss of $ 0.7 million on our natural gas derivative contracts , due to natural gas prices being in excess of the ceiling prices of our natural gas costless collar contracts , especially in the early months of 2014. we realized an average gain of approximately $ 22.89 per bbl hedged on all of our open oil costless collar contracts during the year ended december 31 , 2015 , as compared to an average gain of $ 2.00 per bbl hedged for the year ended december 31 , 2014. our oil volumes hedged for the year ended december 31 , 2015 were also 5 % higher as compared to the year ended december 31 , 2014. we realized an average gain of approximately $ 0.73 per mmbtu hedged on all of our open natural gas costless collar contracts during the year ended december 31 , 2015 , as compared to an average loss of approximately $ 0.06 per mmbtu hedged on all of our open natural gas costless collar contracts during the year ended december 31 , 2014. our total natural gas volumes hedged for the year ended december 31 , 2015 were also 38 % higher than the total natural gas volumes hedged for the year ended december 31 , 2014. unrealized gain ( loss ) on derivatives . our unrealized net loss on derivatives was approximately $ 39.3 million for the year ended december 31 , 2015 , as compared to an unrealized net gain of approximately $ 58.3 million for the year ended december 31 , 2014. during the year ended december 31 , 2015 , the net fair value of our open oil , natural gas and ngl derivatives contracts decreased to approximately $ 16.3 million from $ 55.5 million for the year ended december 31 , 2014 , resulting in an unrealized net loss on derivatives of approximately $ 39.3 million for the year ended december 31 , 2015. during the year ended december 31 , 2015 , the net fair value of our open oil , natural gas and ngl derivative contracts decreased by $ 31.9 million , $ 5.4 million and $ 1.9 million , respectively , due primarily to the realized gains from oil , natural gas and ngl derivative contracts settled during the year ended december 31 , 2015 . 62 expenses the following table summarizes our operating expenses and other income ( expense ) for the periods indicated . replace_table_token_22_th ( 1 ) $ 0.1 million , or $ 0.01 per boe , was reclassified to third-party midstream revenues for the year ended december 31 , 2015 , due to our midstream business becoming a reportable segment in the third quarter of 2016. there was no such reclassification made in 2014 . ( 2 ) $ 3.5 million , or $ 0.38 per boe , and $ 1.4 million , or $ 0.24 per boe , were reclassified to plant and other midstream services operating expenses for the years ended december 31 , 2015 and 2014 , respectively , due to our midstream business becoming a reportable segment in the third quarter of 2016 . ( 3 ) $ 1.7 million and $ 1.2 million were reclassified to midstream services revenues for the years ended december 31 , 2015 and 2014 , respectively , due to our midstream business becoming a reportable segment in the

net cash provided by financing activities was $ 321.2 million for the year ended december 31 , 2014 . the net cash provided by financing activities for the year ended december 31 , 2014 was primarily attributable to the total proceeds from our may 2014 public equity offering of $ 181.9 million and total borrowings of $ 320.0 million under our credit agreement during the period , offset by the costs of the offering of $ 0.6 million incurred during the period and by the repayment of $ 180.0 million in borrowings under our credit agreement during the period . see note 6 to the consolidated financial statements in this annual report for a summary of our debt , including our credit agreement and the senior notes . 70 off-balance sheet arrangements from time-to-time , we enter into off-balance sheet arrangements and transactions that can give rise to material off-balance sheet obligations of the company . as of december 31 , 2016 , the material off-balance sheet arrangements and transactions that we had entered into include ( i ) operating lease agreements , ( ii ) non-operated drilling commitments , ( iii ) termination obligations under drilling rig contracts , ( iv ) firm transportation , gathering , processing , disposal and fractionation commitments and ( v ) contractual obligations for which the ultimate settlement amounts are not fixed and determinable , such as derivative contracts that are sensitive to future changes in commodity prices or interest rates , gathering , treating , fractionation and transportation commitments on uncertain volumes of future throughput , open delivery commitments and indemnification obligations following certain divestitures . other than the off-balance sheet arrangements described above , the company has no transactions , arrangements or other relationships with unconsolidated entities or other persons that are reasonably likely to materially affect the company 's liquidity or availability of or requirements for capital resources . see “ —obligations and commitments ” below and note 13 to the consolidated financial statements in this annual report for more information regarding the company 's off-balance sheet arrangements . such information is incorporated herein by reference .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```net cash provided by financing activities was $ 321.2 million for the year ended december 31 , 2014 . the net cash provided by financing activities for the year ended december 31 , 2014 was primarily attributable to the total proceeds from our may 2014 public equity offering of $ 181.9 million and total borrowings of $ 320.0 million under our credit agreement during the period , offset by the costs of the offering of $ 0.6 million incurred during the period and by the repayment of $ 180.0 million in borrowings under our credit agreement during the period . see note 6 to the consolidated financial statements in this annual report for a summary of our debt , including our credit agreement and the senior notes . 70 off-balance sheet arrangements from time-to-time , we enter into off-balance sheet arrangements and transactions that can give rise to material off-balance sheet obligations of the company . as of december 31 , 2016 , the material off-balance sheet arrangements and transactions that we had entered into include ( i ) operating lease agreements , ( ii ) non-operated drilling commitments , ( iii ) termination obligations under drilling rig contracts , ( iv ) firm transportation , gathering , processing , disposal and fractionation commitments and ( v ) contractual obligations for which the ultimate settlement amounts are not fixed and determinable , such as derivative contracts that are sensitive to future changes in commodity prices or interest rates , gathering , treating , fractionation and transportation commitments on uncertain volumes of future throughput , open delivery commitments and indemnification obligations following certain divestitures . other than the off-balance sheet arrangements described above , the company has no transactions , arrangements or other relationships with unconsolidated entities or other persons that are reasonably likely to materially affect the company 's liquidity or availability of or requirements for capital resources . see “ —obligations and commitments ” below and note 13 to the consolidated financial statements in this annual report for more information regarding the company 's off-balance sheet arrangements . such information is incorporated herein by reference .
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 Suspicious Activity Report : at december 31 , 2016 and february 22 , 2017 we continued to operate four drilling rigs in the delaware basin , including two rigs in our rustler breaks asset area , one rig in our wolf asset area and one rig in our ranger and arrowhead asset areas in lea and eddy counties , new mexico . the vast majority of our 2016 capital expenditures of $ 454.4 million were directed to the delineation and development of our leasehold position in the delaware basin , to the development of certain midstream assets to support our operations there and to the acquisition of additional leasehold interests prospective for the wolfcamp , bone spring and other liquids-rich plays in the delaware basin . our remaining capital expenditures were directed to the installation of pumping units and other facilities on certain of our eagle ford shale wells in south texas and to our participation in several non-operated wells drilled and completed in the eagle ford and haynesville shales throughout 2016 , as noted above . we increased our leasehold position significantly in the delaware basin during 2016. at december 31 , 2016 , we held approximately 163,700 gross ( 94,300 net ) acres in the permian basin in southeast new mexico and west texas , primarily in the delaware basin in lea and eddy counties , new mexico and loving county , texas . between january 1 , 2017 and february 22 , 2017 , we acquired approximately 13,900 gross ( 8,200 net ) leasehold and mineral acres and approximately 1,000 boe per day of related production from various lessors and other operators , mostly in and around our existing acreage in the delaware basin . this brought our total permian basin acreage position at february 22 , 2017 to 177,600 gross ( 101,400 net ) acres , almost all of which was located in the delaware basin . our oil production , natural gas production and average daily oil equivalent production during 2016 were the best in the company 's history . our average daily oil equivalent production for the year ended december 31 , 2016 was 27,813 boe per day , including 13,924 bbl of oil per day and 83.3 mmcf of natural gas per day , an increase of 12 % as compared to 24,955 boe per day , including 12,306 bbl of oil per day and 75.9 mmcf of natural gas per day , for the year ended december 31 , 2015 . our average daily oil production in 2016 of 13,924 bbl of oil per day increased 13 % , as compared to an average daily oil production of 12,306 bbl of oil per day in 2015 . this increase in oil production was primarily a result of our ongoing delineation and development drilling in the delaware basin , which offset declining oil production in the eagle ford shale where we have not drilled any new operated wells since the second quarter of 2015. our average daily natural gas production of 83.3 mmcf per day for the year ended december 31 , 2016 increased 10 % from 75.9 mmcf per day for the year ended december 31 , 2015 . this increase in natural gas production was primarily attributable to increased natural gas production associated with our operations in the delaware basin and new , non-operated haynesville shale wells completed and placed on production on our elm grove properties in northwest louisiana in the latter half of 2015 and into 2016. oil production comprised 50 % of our total production ( using a conversion ratio of one bbl of oil per six mcf of natural gas ) for the year ended december 31 , 2016 , as compared to 49 % for the year ended december 31 , 2015 . for the year ended december 31 , 2016 , our oil and natural gas revenues were $ 291.2 million , an increase of 5 % from oil and natural gas revenues of $ 278.3 million for the year ended december 31 , 2015 . our oil revenues and natural gas revenues increased 3 % and 8 % to approximately $ 209.9 million and $ 81.2 million , respectively , as a result of the increases in oil and natural gas production for the year ended december 31 , 2016 as noted above , as compared to $ 203.4 million and $ 75.0 million , respectively , for the year ended december 31 , 2015 . the increase in both oil and natural gas production in 2016 helped to mitigate the impacts of somewhat lower realized weighted average oil and natural gas prices of $ 41.19 per bbl and $ 2.66 per mcf in 2016 , respectively , as compared to $ 45.27 per bbl and $ 2.71 per mcf in 2015 , respectively . we reported a net loss of approximately $ 97.4 million , or $ 1.07 per diluted common share on a gaap basis for the year ended december 31 , 2016 , as compared to a net loss of $ 679.8 million , or $ 8.34 per diluted common share , for the year ended december 31 , 2015 . our net loss and net loss per diluted common share on a gaap basis were significantly impacted by full-cost ceiling impairments of $ 158.6 million and $ 801.2 million for the years ended december 31 , 2016 and 2015 , respectively , as a result of substantial declines in oil and natural gas prices throughout 2015 and 2016. adjusted ebitda for the year ended december 31 , 2016 was $ 157.9 million , as compared to adjusted ebitda of $ 223.2 million reported for the year ended december 31 , 2015 . story_separator_special_tag from a lower weighted average natural gas price realized for the year ended december 31 , 2015 of $ 2.71 per mcf , as compared to $ 5.08 per mcf realized for the year ended december 31 , 2014. the lower weighted average natural gas price was partially mitigated by the 81 % increase in our natural gas production to 27.7 bcf for the year ended december 31 , 2015 , as compared to 15.3 bcf for the year ended december 31 , 2014. the increased natural gas production was primarily attributable to new , non-operated haynesville shale wells completed and placed on production on our elm grove properties in northwest louisiana during the latter half of 2014 and into 2015 , but also included increased natural gas production associated with our operations in the delaware basin and the eagle ford shale . third-party midstream services revenues . our third-party midstream services revenues increased to $ 1.9 million , or an increase of 54 % , for the year ended december 31 , 2015 , as compared to $ 1.2 million for the december 31 , 2014 . the increase was primarily attributable to third-party oil , natural gas and salt water gathering and salt water disposal fees in our wolf asset area . 61 realized gain ( loss ) on derivatives . our realized net gain on derivatives was $ 77.1 million for the year ended december 31 , 2015 , as compared to a realized net gain of $ 5.0 million for the year ended december 31 , 2014. we realized net gains of $ 62.3 million , $ 12.7 million and $ 2.2 million from our oil , natural gas and ngl derivative contracts , respectively , for the year ended december 31 , 2015 resulting from oil and natural gas prices being below the floor prices of most of our costless collar contracts and ngl prices being below the fixed prices of all of our swap contracts . our realized net gain on derivatives was $ 5.0 million for the year ended december 31 , 2014. we realized a net gain from our oil derivative contracts of approximately $ 5.2 million and a net gain of $ 0.5 million from our ngl derivative contracts for the year ended december 31 , 2014 due to oil prices being below the floor prices of some of our oil costless collar contracts and ngl prices being below the fixed prices of some of our swap contracts , respectively , especially during the latter part of 2014. these gains were partially offset by a net loss of $ 0.7 million on our natural gas derivative contracts , due to natural gas prices being in excess of the ceiling prices of our natural gas costless collar contracts , especially in the early months of 2014. we realized an average gain of approximately $ 22.89 per bbl hedged on all of our open oil costless collar contracts during the year ended december 31 , 2015 , as compared to an average gain of $ 2.00 per bbl hedged for the year ended december 31 , 2014. our oil volumes hedged for the year ended december 31 , 2015 were also 5 % higher as compared to the year ended december 31 , 2014. we realized an average gain of approximately $ 0.73 per mmbtu hedged on all of our open natural gas costless collar contracts during the year ended december 31 , 2015 , as compared to an average loss of approximately $ 0.06 per mmbtu hedged on all of our open natural gas costless collar contracts during the year ended december 31 , 2014. our total natural gas volumes hedged for the year ended december 31 , 2015 were also 38 % higher than the total natural gas volumes hedged for the year ended december 31 , 2014. unrealized gain ( loss ) on derivatives . our unrealized net loss on derivatives was approximately $ 39.3 million for the year ended december 31 , 2015 , as compared to an unrealized net gain of approximately $ 58.3 million for the year ended december 31 , 2014. during the year ended december 31 , 2015 , the net fair value of our open oil , natural gas and ngl derivatives contracts decreased to approximately $ 16.3 million from $ 55.5 million for the year ended december 31 , 2014 , resulting in an unrealized net loss on derivatives of approximately $ 39.3 million for the year ended december 31 , 2015. during the year ended december 31 , 2015 , the net fair value of our open oil , natural gas and ngl derivative contracts decreased by $ 31.9 million , $ 5.4 million and $ 1.9 million , respectively , due primarily to the realized gains from oil , natural gas and ngl derivative contracts settled during the year ended december 31 , 2015 . 62 expenses the following table summarizes our operating expenses and other income ( expense ) for the periods indicated . replace_table_token_22_th ( 1 ) $ 0.1 million , or $ 0.01 per boe , was reclassified to third-party midstream revenues for the year ended december 31 , 2015 , due to our midstream business becoming a reportable segment in the third quarter of 2016. there was no such reclassification made in 2014 . ( 2 ) $ 3.5 million , or $ 0.38 per boe , and $ 1.4 million , or $ 0.24 per boe , were reclassified to plant and other midstream services operating expenses for the years ended december 31 , 2015 and 2014 , respectively , due to our midstream business becoming a reportable segment in the third quarter of 2016 . ( 3 ) $ 1.7 million and $ 1.2 million were reclassified to midstream services revenues for the years ended december 31 , 2015 and 2014 , respectively , due to our midstream business becoming a reportable segment in the

