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 64 cautionary statement regarding forward-looking information this annual report on form 10-k for the year ended december 31 , 2016 ( 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 export and import terminals ( including those used to export liquefied petroleum gases , or “ lpg , ” and ethane ) ; crude oil gathering , transportation , storage , and export and import terminals ; petrochemical and refined products transportation , storage , export and import terminals , and related services ; and a marine transportation business that operates primarily on the u.s. inland and intracoastal waterway systems . our assets currently include approximately 49,300 miles of pipelines ; 260 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 ( the “ 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 . on july 24 , 2015 , we completed the sale of our gulf of mexico operations ( the “ offshore business , ” which primarily consisted of our offshore pipelines & services segment ) to genesis energy , l.p. ( “ genesis ” ) . our offshore business served drilling and development regions , including deepwater production fields , in the northern gulf of mexico offshore alabama , louisiana , mississippi and texas . these operations included approximately 2,350 miles of offshore natural gas and crude oil pipelines and six offshore hub platforms . our consolidated financial statements reflect ownership of the offshore business through july 24 , 2015. for additional information regarding sale of the offshore business , see note 5 of the notes to consolidated financial statements included under part ii , item 8 of this annual report . 65 each of our remaining business segments benefits from the supporting role of our related marketing activities . the main purpose of our marketing activities is to support the utilization and expansion of assets across our midstream energy asset network by increasing the volumes handled by such assets , which results in additional fee-based earnings for each business segment . story_separator_special_tag haynesville outlook the rig count in the haynesville shale region has increased recently as ownership of large parcels of producing acreage has changed hands . the rig count for february 2017 is 30 , which represents a 19 rig increase from the low of 11 rigs recorded in february 2016. drilling in the haynesville has benefitted from technological advances , which have improved natural gas recoveries per well and resulted in better returns on capital . with natural gas futures prices currently at approximately $ 3.00 per mmbtu , we believe haynesville natural gas production has reached its low point , and that volumes will begin to gradually increase in 2017. haynesville production peaked in november 2011 at approximately 7.8 bcf/d and is currently 3.9 bcf/d . until haynesville volumes return to near historical peak production , there is excess capacity of midstream infrastructure available in the region . rockies outlook rig counts have increased in both the piceance basin and the jonah and pinedale fields , although rig counts are still at depressed levels . drilling activity in the piceance basin increased from 2 rigs in may 2016 to 5 rigs in february 2017 , and in the jonah and pinedale fields increased from a combined 4 rigs in november 2016 to 8 rigs in february 2017. furthermore , drilling activity in the san juan basin declined from 2 rigs in november 2015 to 1 rig in february 2017. current rig counts in these producing regions will not be enough to offset natural production declines ; however , since the natural gas produced from these areas is often rich in ngl content , the recent increase in ngl prices may spur increased drilling activity in these regions . in addition , drilling economics in these regions should benefit as enhanced completion technologies now being employed in the gulf coast and midcontinent areas become more widespread in the western rockies , thus increasing returns on incremental capital invested . the rockies benefit from adequate natural gas and ngl pipeline infrastructure , resulting in favorable netback prices , which help the region compete with other north american plays where takeaway capacity may be constrained . like in other areas , higher energy prices could encourage changes in ownership by producers , which could also improve rig counts . as a result of higher energy commodity prices in the past few months and continued positive sentiment towards price stability , we expect an increase in producer investment and drilling activity in and around our assets in the permian , eagle ford , haynesville and rockies regions . furthermore , we expect that our assets in these areas are going to be very competitive in supplying services for the resulting new production . we also believe that basins located closest to prime markets on the u.s. gulf coast will be preferred by producers due to more favorable economics as compared to other more distant areas ( mostly due to lower transportation costs ) . demand side observations overall demand for petroleum products continues to increase at rates that have generally exceeded economists ' expectations . we believe the u.s. is very well situated to meet growing global petroleum demand . with the recent improvement in crude oil prices , the u.s energy information administration reports that u.s. crude oil production has started to increase . as u.s. crude oil production recovers , we expect that some of these new domestic barrels will supplant more of the country 's crude oil imports . we also expect u.s. refineries to operate at higher utilization rates as a result of strong u.s. motor fuels demand and growing global demand . in addition , as u.s. crude oil supplies increase , we also expect crude oil exports to grow , with likely markets being central and south america , asia and western europe where the lighter u.s. crudes make good feedstocks for their refining facilities . 70 in december 2015 , the u.s. government lifted its ban on exporting domestically produced crude oil . we believe that this should be beneficial to the domestic energy industry in general and to enterprise in particular . our marine terminal assets and related infrastructure are strategically located on the u.s. gulf coast . these assets could benefit from concurrent imports and exports of various grades of crude oil as ( i ) refineries optimize their crude oil input slate , ( ii ) trading companies import and export different grades of crude oil depending on global and regional supply-demand factors , and ( iii ) producers optimize their production depending on market price signals . with significant crude oil export capabilities at freeport , texas city , on the houston ship channel and at beaumont , texas , lifting of the export ban should have a beneficial impact on our crude oil pipeline , storage and marine terminal assets ( without any significant capital expenditure ) . however , this outlook could be muted if there is a prolonged decline in domestic crude oil drilling and production , or if overseas crude markets become oversupplied for an extended period and thus discounted from a price standpoint when compared to the u.s. gulf coast . furthermore , as several new world scale ethylene plants begin operations in the u.s. through the early 2020s , we expect growing domestic demand for ethane , which could in turn drive upstream ngl production increases supported by producer investment and higher rig counts . we also expect that global demand for heavier ngls ( butanes and natural gasoline ) will continue to increase supported by rising global economic activity . with respect to natural gas demand , we expect it to continue to increase in the form of u.s. power generation demand , growing industrial demand , exports to mexico and as liquefied natural gas , or lng . we believe u.s. producers can provide ample supplies of natural gas at very competitive prices to

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 ) 2,722.7 3,540.0 2,502.8 sustaining capital projects ( 2 ) 261.4 271.6 361.2 investments in unconsolidated affiliates 138.8 162.6 722.4 other investing activities 0.4 5.3 5.8 total capital spending $ 4,123.3 $ 6,444.7 $ 8,180.5 ( 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 , 2016 involved projects at our 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 2016 with 2015. we acquired efs midstream in july 2015 for approximately $ 2.1 billion in cash , which was payable in two installments . the initial payment of $ 1.1 billion was paid at closing in july 2015. the second and final installment of $ 1.0 billion was paid in july 2016 using a combination of cash on hand and proceeds from the issuance of short-term notes under epo 's commercial paper program .


 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 ) 2,722.7 3,540.0 2,502.8 sustaining capital projects ( 2 ) 261.4 271.6 361.2 investments in unconsolidated affiliates 138.8 162.6 722.4 other investing activities 0.4 5.3 5.8 total capital spending $ 4,123.3 $ 6,444.7 $ 8,180.5 ( 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 , 2016 involved projects at our 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 2016 with 2015. we acquired efs midstream in july 2015 for approximately $ 2.1 billion in cash , which was payable in two installments . the initial payment of $ 1.1 billion was paid at closing in july 2015. the second and final installment of $ 1.0 billion was paid in july 2016 using a combination of cash on hand and proceeds from the issuance of short-term notes under epo 's commercial paper program .
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 Suspicious Activity Report : 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 64 cautionary statement regarding forward-looking information this annual report on form 10-k for the year ended december 31 , 2016 ( 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 export and import terminals ( including those used to export liquefied petroleum gases , or “ lpg , ” and ethane ) ; crude oil gathering , transportation , storage , and export and import terminals ; petrochemical and refined products transportation , storage , export and import terminals , and related services ; and a marine transportation business that operates primarily on the u.s. inland and intracoastal waterway systems . our assets currently include approximately 49,300 miles of pipelines ; 260 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 ( the “ 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 . on july 24 , 2015 , we completed the sale of our gulf of mexico operations ( the “ offshore business , ” which primarily consisted of our offshore pipelines & services segment ) to genesis energy , l.p. ( “ genesis ” ) . our offshore business served drilling and development regions , including deepwater production fields , in the northern gulf of mexico offshore alabama , louisiana , mississippi and texas . these operations included approximately 2,350 miles of offshore natural gas and crude oil pipelines and six offshore hub platforms . our consolidated financial statements reflect ownership of the offshore business through july 24 , 2015. for additional information regarding sale of the offshore business , see note 5 of the notes to consolidated financial statements included under part ii , item 8 of this annual report . 65 each of our remaining business segments benefits from the supporting role of our related marketing activities . the main purpose of our marketing activities is to support the utilization and expansion of assets across our midstream energy asset network by increasing the volumes handled by such assets , which results in additional fee-based earnings for each business segment . story_separator_special_tag haynesville outlook the rig count in the haynesville shale region has increased recently as ownership of large parcels of producing acreage has changed hands . the rig count for february 2017 is 30 , which represents a 19 rig increase from the low of 11 rigs recorded in february 2016. drilling in the haynesville has benefitted from technological advances , which have improved natural gas recoveries per well and resulted in better returns on capital . with natural gas futures prices currently at approximately $ 3.00 per mmbtu , we believe haynesville natural gas production has reached its low point , and that volumes will begin to gradually increase in 2017. haynesville production peaked in november 2011 at approximately 7.8 bcf/d and is currently 3.9 bcf/d . until haynesville volumes return to near historical peak production , there is excess capacity of midstream infrastructure available in the region . rockies outlook rig counts have increased in both the piceance basin and the jonah and pinedale fields , although rig counts are still at depressed levels . drilling activity in the piceance basin increased from 2 rigs in may 2016 to 5 rigs in february 2017 , and in the jonah and pinedale fields increased from a combined 4 rigs in november 2016 to 8 rigs in february 2017. furthermore , drilling activity in the san juan basin declined from 2 rigs in november 2015 to 1 rig in february 2017. current rig counts in these producing regions will not be enough to offset natural production declines ; however , since the natural gas produced from these areas is often rich in ngl content , the recent increase in ngl prices may spur increased drilling activity in these regions . in addition , drilling economics in these regions should benefit as enhanced completion technologies now being employed in the gulf coast and midcontinent areas become more widespread in the western rockies , thus increasing returns on incremental capital invested . the rockies benefit from adequate natural gas and ngl pipeline infrastructure , resulting in favorable netback prices , which help the region compete with other north american plays where takeaway capacity may be constrained . like in other areas , higher energy prices could encourage changes in ownership by producers , which could also improve rig counts . as a result of higher energy commodity prices in the past few months and continued positive sentiment towards price stability , we expect an increase in producer investment and drilling activity in and around our assets in the permian , eagle ford , haynesville and rockies regions . furthermore , we expect that our assets in these areas are going to be very competitive in supplying services for the resulting new production . we also believe that basins located closest to prime markets on the u.s. gulf coast will be preferred by producers due to more favorable economics as compared to other more distant areas ( mostly due to lower transportation costs ) . demand side observations overall demand for petroleum products continues to increase at rates that have generally exceeded economists ' expectations . we believe the u.s. is very well situated to meet growing global petroleum demand . with the recent improvement in crude oil prices , the u.s energy information administration reports that u.s. crude oil production has started to increase . as u.s. crude oil production recovers , we expect that some of these new domestic barrels will supplant more of the country 's crude oil imports . we also expect u.s. refineries to operate at higher utilization rates as a result of strong u.s. motor fuels demand and growing global demand . in addition , as u.s. crude oil supplies increase , we also expect crude oil exports to grow , with likely markets being central and south america , asia and western europe where the lighter u.s. crudes make good feedstocks for their refining facilities . 70 in december 2015 , the u.s. government lifted its ban on exporting domestically produced crude oil . we believe that this should be beneficial to the domestic energy industry in general and to enterprise in particular . our marine terminal assets and related infrastructure are strategically located on the u.s. gulf coast . these assets could benefit from concurrent imports and exports of various grades of crude oil as ( i ) refineries optimize their crude oil input slate , ( ii ) trading companies import and export different grades of crude oil depending on global and regional supply-demand factors , and ( iii ) producers optimize their production depending on market price signals . with significant crude oil export capabilities at freeport , texas city , on the houston ship channel and at beaumont , texas , lifting of the export ban should have a beneficial impact on our crude oil pipeline , storage and marine terminal assets ( without any significant capital expenditure ) . however , this outlook could be muted if there is a prolonged decline in domestic crude oil drilling and production , or if overseas crude markets become oversupplied for an extended period and thus discounted from a price standpoint when compared to the u.s. gulf coast . furthermore , as several new world scale ethylene plants begin operations in the u.s. through the early 2020s , we expect growing domestic demand for ethane , which could in turn drive upstream ngl production increases supported by producer investment and higher rig counts . we also expect that global demand for heavier ngls ( butanes and natural gasoline ) will continue to increase supported by rising global economic activity . with respect to natural gas demand , we expect it to continue to increase in the form of u.s. power generation demand , growing industrial demand , exports to mexico and as liquefied natural gas , or lng . we believe u.s. producers can provide ample supplies of natural gas at very competitive prices to

