ms. duncan williams and mr. bachmann also currently serve as directors of epco along with mr. fowler , who is also the executive vice president and chief administrative officer of epco . epco , together with its privately held affiliates , owned approximately 33.6 % of our limited partner interests at december 31 , 2015. references to `` oiltanking `` and `` oiltanking gp `` mean oiltanking partners , l.p. and otlp gp , llc , the general partner of oiltanking , respectively . in october 2014 , we acquired approximately 65.9 % of the limited partner interests of oiltanking , all of the member interests of oiltanking gp and the incentive distribution rights ( `` idrs `` ) held by oiltanking gp from oiltanking holding americas , inc. ( `` ota `` ) as the first step of a two-step acquisition of oiltanking . in february 2015 , we completed the second step of this transaction consisting of the acquisition of the noncontrolling interests in oiltanking . references to `` offshore business `` refer to the gulf of mexico operations we sold to genesis energy , l.p. ( `` genesis `` ) in july 2015. references to `` efs midstream `` mean efs midstream llc , which we acquired in july 2015 from affiliates of pioneer natural resources company ( `` pioneer `` ) and reliance industries limited ( `` reliance `` ) . as generally used in the energy industry and in this annual report , the acronyms below have the following meanings : /d = per day mmbbls = million barrels bbtus = billion british thermal units mmbpd = million barrels per day bcf = billion cubic feet mmbtus = million british thermal units bpd = barrels per day mmcf = million cubic feet mbpd = thousand barrels per day tbtus = trillion british thermal units 63 cautionary statement regarding forward-looking information this annual report on form 10-k for the year ended december 31 , 2015 ( our `` annual report `` ) contains various forward-looking statements and information that are based on our beliefs and those of our general partner , as well as assumptions made by us and information currently available to us . when used in this document , words such as `` anticipate , `` `` project , `` `` expect , `` `` plan , `` `` seek , `` `` goal , `` `` estimate , `` `` forecast , `` `` intend , `` `` could , `` `` should , `` `` would , `` `` will , `` `` believe , `` `` may , `` `` potential `` and similar expressions and statements regarding our plans and objectives for future operations are intended to identify forward-looking statements . although we and our general partner believe that our expectations reflected in such forward-looking statements are reasonable , neither we nor our general partner can give any assurances that such expectations will prove to be correct . forward-looking statements are subject to a variety of risks , uncertainties and assumptions as described in more detail under part i , item 1a of this annual report . if one or more of these risks or uncertainties materialize , or if underlying assumptions prove incorrect , our actual results may vary materially from those anticipated , estimated , projected or expected . you should not put undue reliance on any forward-looking statements . the forward-looking statements in this annual report speak only as of the date hereof . except as required by federal and state securities laws , we undertake no obligation to publicly update or revise any forward-looking statements , whether as a result of new information , future events or any other reason . overview of business we are a publicly traded delaware limited partnership , the common units of which are listed on the new york stock exchange ( `` nyse `` ) under the ticker symbol `` epd . `` we were formed in april 1998 to own and operate certain natural gas liquids ( `` ngls `` ) related businesses of epco and are a leading north american provider of midstream energy services to producers and consumers of natural gas , ngls , crude oil , petrochemicals and refined products . our midstream energy operations currently include : natural gas gathering , treating , processing , transportation and storage ; ngl transportation , fractionation , storage , and import and export terminals ( including liquefied petroleum gas or `` lpg `` ) ; crude oil gathering , transportation , storage and terminals ; petrochemical and refined products transportation , storage and terminals , and related services ; and a marine transportation business that operates primarily on the u.s. inland and intracoastal waterway systems and in the gulf of mexico . our assets currently include approximately 49,000 miles of pipelines ; 250 mmbbls of storage capacity for ngls , crude oil , petrochemicals and refined products ; and 14 bcf of natural gas storage capacity . we conduct substantially all of our business through epo and are owned 100 % by our limited partners from an economic perspective . enterprise gp manages our partnership and owns a non-economic general partner interest in us . like many publicly traded partnerships , we have no employees . all of our management , administrative and operating functions are performed by employees of epco pursuant to an administrative services agreement ( `` asa `` ) or by other service providers . our historical operations are reported under five business segments : ( i ) ngl pipelines & services , ( ii ) crude oil pipelines & services , ( iii ) natural gas pipelines & services , ( iv ) petrochemical & refined products services and ( v ) offshore pipelines & services . our business segments are generally organized and managed according to the types of services rendered ( or technologies employed ) and products produced and or sold . story_separator_special_tag in early february 2016 , the international energy agency ( `` iea `` ) reported that crude oil inventories in developed nations increased counter-seasonally in december 2015 by 7.6 mmbbls to 3 billion barrels , which is approximately 350 mmbbls above average . the iea recently estimated that global crude oil supplies for the first half of 2016 may exceed demand by approximately 1.5 mmbpd . in reaction to this period of low energy prices and high inventories , the debt ratings agencies moody 's investor service ( `` moody 's `` ) and standard & poor 's ( `` standard & poor 's ) announced downgrades and or negative credit outlooks for many oil and gas producers , oilfield service companies and midstream companies . in january 2016 , moody 's placed 120 energy companies on review for a possible downgrade as moody 's saw substantial risk that crude oil prices may recover much more slowly over the medium term than many companies expect , as well as a risk that prices might fall further . we have not been included in any of these actions and changes in outlooks . 68 many producers have announced additional reductions in drilling activity in 2016 to preserve their cash flow , financial position and liquidity . at the beginning of february 2016 , the u.s. oil and gas rig count as measured by baker hughes dropped to 571 rigs , the lowest level since june 1999. per baker hughes , rig counts in substantially all of the major shale and non-conventional basins are either at new near term lows or matching previous lows . while the rate of hydrocarbon production growth has slowed due to low prices , the domestic crude oil and natural gas industry has been able to significantly reduce drilling and completion costs through continued improvements in technology and more efficient processes , including focusing on only the best drilling locations . most forecasters predict that production of oil and gas in the u.s. could decline in the range of 5 % to 10 % during 2016 , but , in general , we do not expect drastic reductions in overall u.s production levels in 2016 in spite of the low price environment . however , certain regions such as the eagle ford , bakken and mid-continent areas may see crude oil and condensate production declines of 10 % to 20 % in 2016. with respect to natural gas , certain regions such as the barnett , fayetteville , mid-continent , haynesville , rockies and eagle ford areas may experience production declines from 5 % to 15 % . as a result , we expect certain of our assets in the eagle ford , rockies and haynesville areas to be impacted by lower volumes in 2016. due to lower global energy prices , indications are that plans for longer lead time , capital intensive projects are being delayed or in many instances cancelled as exploration and production companies shift their focus to shorter lead time and less risky projects . we believe that u.s. shale resource basins favor this low risk , short lead time production profile , and that u.s. shale producers will continue to play an increasing role in both domestic and global markets as markets begin to stabilize because of their cost competitiveness , lower capital commitments before production and flexibility . these attributes lead certain energy experts to believe u.s. shale production is now the world 's swing crude oil supply that would influence global crude oil prices at the margin and keep prices range bound . long-term , we believe that production basins located closest to prime markets such as the u.s. gulf coast petrochemical and refining complex ( e.g . , the eagle ford shale and permian basin regions ) will continue to be preferred by producers due to more favorable economics as compared to other more distant areas ( mostly due to reduced transportation costs ) . in contrast to the negative impacts on energy producers , lower energy commodity prices have led to an increase in energy consumption by individual consumers , particularly for gasoline , and by energy intensive industries ( e.g . , steel manufacturing and petrochemicals ) as lower energy and feedstock costs reduce the operating costs for such businesses and in some instances make them more globally competitive . we believe that an increase in demand for crude oil , natural gas and ngls from these types of industries , along with other positive consumer-driven demand responses to the lower prices , may begin to balance crude oil supply and demand fundamentals by the end of 2016. regardless of such market dynamics , almost all of the major assets we have under construction or have recently completed , whether supply or demand oriented , are supported by long-term fee-based commitments from producers , shippers and or end-use customers . for additional information regarding our recent significant projects , see `` significant recent developments `` within this part ii , item 7. demand side opportunities in recent years , natural gas and ngls developed a feedstock price advantage over more costly crude oil derivatives ( such as naphtha ) . in general , we expect this trend to continue due to : ( i ) ongoing production from domestic shale resource plays and efforts by producers to lower associated drilling costs ; ( ii ) anticipated long-term increases in demand for crude oil by developing economies ; and ( iii ) geopolitical risks in many areas of the world that are major exporters of crude oil , which may cause unexpected crude oil price increases . this price advantage lends itself to a variety of demand-side opportunities , including higher demand from the u.s. petrochemical industry and increased exports of various hydrocarbons ( e.g . , lpg , ethane and crude oil ) . 69 energy consumers in the industrial manufacturing and power generation sectors are continuing

cash consideration $ 2,416.8 equity consideration 1,408.7 2,171.5 capital spending for property , plant and equipment , net : growth capital projects ( 1 ) 3,540.0 2,502.8 $ 3,088.0 sustaining capital projects ( 2 ) 271.6 361.2 294.2 investments in unconsolidated affiliates 162.6 722.4 1,094.1 other investing activities 5.3 5.8 1.0 total capital spending $ 6,444.7 $ 8,180.5 $ 4,477.3 ( 1 ) growth capital projects either ( a ) result in new sources of cash flow due to enhancements of or additions to existing assets ( e.g. , additional revenue streams , cost savings resulting from debottlenecking of a facility , etc . ) or ( b ) expand our asset base through construction of new facilities that will generate additional revenue streams and cash flows . ( 2 ) sustaining capital expenditures are capital expenditures ( as defined by gaap ) resulting from improvements to existing assets . such expenditures serve to maintain existing operations but do not generate additional revenues or result in significant cost savings . fluctuations in our spending for growth capital projects and investments in unconsolidated affiliates are explained in large part by increases or decreases in spending on major expansion projects . our most significant growth capital expenditures for the year ended december 31 , 2015 involved projects at our houston lpg and ethane export terminals and mont belvieu complex . fluctuations in spending for sustaining capital projects are explained in large part by the timing and cost of pipeline integrity and similar projects . comparison of 2015 with 2014 we acquired efs midstream in july 2015 for approximately $ 2.1 billion in cash , excluding $ 125 million of efs midstream debt that was extinguished immediately after closing of the transaction . of the $ 2.1 billion purchase price , $ 1.0 billion was deferred and will be paid no later than the first anniversary of the closing date .


 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.
     ```cash consideration $ 2,416.8 equity consideration 1,408.7 2,171.5 capital spending for property , plant and equipment , net : growth capital projects ( 1 ) 3,540.0 2,502.8 $ 3,088.0 sustaining capital projects ( 2 ) 271.6 361.2 294.2 investments in unconsolidated affiliates 162.6 722.4 1,094.1 other investing activities 5.3 5.8 1.0 total capital spending $ 6,444.7 $ 8,180.5 $ 4,477.3 ( 1 ) growth capital projects either ( a ) result in new sources of cash flow due to enhancements of or additions to existing assets ( e.g. , additional revenue streams , cost savings resulting from debottlenecking of a facility , etc . ) or ( b ) expand our asset base through construction of new facilities that will generate additional revenue streams and cash flows . ( 2 ) sustaining capital expenditures are capital expenditures ( as defined by gaap ) resulting from improvements to existing assets . such expenditures serve to maintain existing operations but do not generate additional revenues or result in significant cost savings . fluctuations in our spending for growth capital projects and investments in unconsolidated affiliates are explained in large part by increases or decreases in spending on major expansion projects . our most significant growth capital expenditures for the year ended december 31 , 2015 involved projects at our houston lpg and ethane export terminals and mont belvieu complex . fluctuations in spending for sustaining capital projects are explained in large part by the timing and cost of pipeline integrity and similar projects . comparison of 2015 with 2014 we acquired efs midstream in july 2015 for approximately $ 2.1 billion in cash , excluding $ 125 million of efs midstream debt that was extinguished immediately after closing of the transaction . of the $ 2.1 billion purchase price , $ 1.0 billion was deferred and will be paid no later than the first anniversary of the closing date .
```    
 Suspicious Activity Report : ms. duncan williams and mr. bachmann also currently serve as directors of epco along with mr. fowler , who is also the executive vice president and chief administrative officer of epco . epco , together with its privately held affiliates , owned approximately 33.6 % of our limited partner interests at december 31 , 2015. references to `` oiltanking `` and `` oiltanking gp `` mean oiltanking partners , l.p. and otlp gp , llc , the general partner of oiltanking , respectively . in october 2014 , we acquired approximately 65.9 % of the limited partner interests of oiltanking , all of the member interests of oiltanking gp and the incentive distribution rights ( `` idrs `` ) held by oiltanking gp from oiltanking holding americas , inc. ( `` ota `` ) as the first step of a two-step acquisition of oiltanking . in february 2015 , we completed the second step of this transaction consisting of the acquisition of the noncontrolling interests in oiltanking . references to `` offshore business `` refer to the gulf of mexico operations we sold to genesis energy , l.p. ( `` genesis `` ) in july 2015. references to `` efs midstream `` mean efs midstream llc , which we acquired in july 2015 from affiliates of pioneer natural resources company ( `` pioneer `` ) and reliance industries limited ( `` reliance `` ) . as generally used in the energy industry and in this annual report , the acronyms below have the following meanings : /d = per day mmbbls = million barrels bbtus = billion british thermal units mmbpd = million barrels per day bcf = billion cubic feet mmbtus = million british thermal units bpd = barrels per day mmcf = million cubic feet mbpd = thousand barrels per day tbtus = trillion british thermal units 63 cautionary statement regarding forward-looking information this annual report on form 10-k for the year ended december 31 , 2015 ( our `` annual report `` ) contains various forward-looking statements and information that are based on our beliefs and those of our general partner , as well as assumptions made by us and information currently available to us . when used in this document , words such as `` anticipate , `` `` project , `` `` expect , `` `` plan , `` `` seek , `` `` goal , `` `` estimate , `` `` forecast , `` `` intend , `` `` could , `` `` should , `` `` would , `` `` will , `` `` believe , `` `` may , `` `` potential `` and similar expressions and statements regarding our plans and objectives for future operations are intended to identify forward-looking statements . although we and our general partner believe that our expectations reflected in such forward-looking statements are reasonable , neither we nor our general partner can give any assurances that such expectations will prove to be correct . forward-looking statements are subject to a variety of risks , uncertainties and assumptions as described in more detail under part i , item 1a of this annual report . if one or more of these risks or uncertainties materialize , or if underlying assumptions prove incorrect , our actual results may vary materially from those anticipated , estimated , projected or expected . you should not put undue reliance on any forward-looking statements . the forward-looking statements in this annual report speak only as of the date hereof . except as required by federal and state securities laws , we undertake no obligation to publicly update or revise any forward-looking statements , whether as a result of new information , future events or any other reason . overview of business we are a publicly traded delaware limited partnership , the common units of which are listed on the new york stock exchange ( `` nyse `` ) under the ticker symbol `` epd . `` we were formed in april 1998 to own and operate certain natural gas liquids ( `` ngls `` ) related businesses of epco and are a leading north american provider of midstream energy services to producers and consumers of natural gas , ngls , crude oil , petrochemicals and refined products . our midstream energy operations currently include : natural gas gathering , treating , processing , transportation and storage ; ngl transportation , fractionation , storage , and import and export terminals ( including liquefied petroleum gas or `` lpg `` ) ; crude oil gathering , transportation , storage and terminals ; petrochemical and refined products transportation , storage and terminals , and related services ; and a marine transportation business that operates primarily on the u.s. inland and intracoastal waterway systems and in the gulf of mexico . our assets currently include approximately 49,000 miles of pipelines ; 250 mmbbls of storage capacity for ngls , crude oil , petrochemicals and refined products ; and 14 bcf of natural gas storage capacity . we conduct substantially all of our business through epo and are owned 100 % by our limited partners from an economic perspective . enterprise gp manages our partnership and owns a non-economic general partner interest in us . like many publicly traded partnerships , we have no employees . all of our management , administrative and operating functions are performed by employees of epco pursuant to an administrative services agreement ( `` asa `` ) or by other service providers . our historical operations are reported under five business segments : ( i ) ngl pipelines & services , ( ii ) crude oil pipelines & services , ( iii ) natural gas pipelines & services , ( iv ) petrochemical & refined products services and ( v ) offshore pipelines & services . our business segments are generally organized and managed according to the types of services rendered ( or technologies employed ) and products produced and or sold . story_separator_special_tag in early february 2016 , the international energy agency ( `` iea `` ) reported that crude oil inventories in developed nations increased counter-seasonally in december 2015 by 7.6 mmbbls to 3 billion barrels , which is approximately 350 mmbbls above average . the iea recently estimated that global crude oil supplies for the first half of 2016 may exceed demand by approximately 1.5 mmbpd . in reaction to this period of low energy prices and high inventories , the debt ratings agencies moody 's investor service ( `` moody 's `` ) and standard & poor 's ( `` standard & poor 's ) announced downgrades and or negative credit outlooks for many oil and gas producers , oilfield service companies and midstream companies . in january 2016 , moody 's placed 120 energy companies on review for a possible downgrade as moody 's saw substantial risk that crude oil prices may recover much more slowly over the medium term than many companies expect , as well as a risk that prices might fall further . we have not been included in any of these actions and changes in outlooks . 68 many producers have announced additional reductions in drilling activity in 2016 to preserve their cash flow , financial position and liquidity . at the beginning of february 2016 , the u.s. oil and gas rig count as measured by baker hughes dropped to 571 rigs , the lowest level since june 1999. per baker hughes , rig counts in substantially all of the major shale and non-conventional basins are either at new near term lows or matching previous lows . while the rate of hydrocarbon production growth has slowed due to low prices , the domestic crude oil and natural gas industry has been able to significantly reduce drilling and completion costs through continued improvements in technology and more efficient processes , including focusing on only the best drilling locations . most forecasters predict that production of oil and gas in the u.s. could decline in the range of 5 % to 10 % during 2016 , but , in general , we do not expect drastic reductions in overall u.s production levels in 2016 in spite of the low price environment . however , certain regions such as the eagle ford , bakken and mid-continent areas may see crude oil and condensate production declines of 10 % to 20 % in 2016. with respect to natural gas , certain regions such as the barnett , fayetteville , mid-continent , haynesville , rockies and eagle ford areas may experience production declines from 5 % to 15 % . as a result , we expect certain of our assets in the eagle ford , rockies and haynesville areas to be impacted by lower volumes in 2016. due to lower global energy prices , indications are that plans for longer lead time , capital intensive projects are being delayed or in many instances cancelled as exploration and production companies shift their focus to shorter lead time and less risky projects . we believe that u.s. shale resource basins favor this low risk , short lead time production profile , and that u.s. shale producers will continue to play an increasing role in both domestic and global markets as markets begin to stabilize because of their cost competitiveness , lower capital commitments before production and flexibility . these attributes lead certain energy experts to believe u.s. shale production is now the world 's swing crude oil supply that would influence global crude oil prices at the margin and keep prices range bound . long-term , we believe that production basins located closest to prime markets such as the u.s. gulf coast petrochemical and refining complex ( e.g . , the eagle ford shale and permian basin regions ) will continue to be preferred by producers due to more favorable economics as compared to other more distant areas ( mostly due to reduced transportation costs ) . in contrast to the negative impacts on energy producers , lower energy commodity prices have led to an increase in energy consumption by individual consumers , particularly for gasoline , and by energy intensive industries ( e.g . , steel manufacturing and petrochemicals ) as lower energy and feedstock costs reduce the operating costs for such businesses and in some instances make them more globally competitive . we believe that an increase in demand for crude oil , natural gas and ngls from these types of industries , along with other positive consumer-driven demand responses to the lower prices , may begin to balance crude oil supply and demand fundamentals by the end of 2016. regardless of such market dynamics , almost all of the major assets we have under construction or have recently completed , whether supply or demand oriented , are supported by long-term fee-based commitments from producers , shippers and or end-use customers . for additional information regarding our recent significant projects , see `` significant recent developments `` within this part ii , item 7. demand side opportunities in recent years , natural gas and ngls developed a feedstock price advantage over more costly crude oil derivatives ( such as naphtha ) . in general , we expect this trend to continue due to : ( i ) ongoing production from domestic shale resource plays and efforts by producers to lower associated drilling costs ; ( ii ) anticipated long-term increases in demand for crude oil by developing economies ; and ( iii ) geopolitical risks in many areas of the world that are major exporters of crude oil , which may cause unexpected crude oil price increases . this price advantage lends itself to a variety of demand-side opportunities , including higher demand from the u.s. petrochemical industry and increased exports of various hydrocarbons ( e.g . , lpg , ethane and crude oil ) . 69 energy consumers in the industrial manufacturing and power generation sectors are continuing

