the decline increased further following opec 's announcement in late november 2014 that it would not reduce its production targets . this decline continued into 2015 but has started to stabilize with the west texas intermediate ( wti ) benchmark generally ranging between $ 45- $ 50 per barrel throughout january and early february 2015. if wti remained at this level throughout 2015 , our realized crude price , excluding the effects of hedges , would decrease approximately 50 % compared to 2014. although natural gas prices improved in 2014 compared to 2013 , natural gas continues to be challenged due to an imbalance between supply and demand across north america . we expect most natural gas benchmark prices to be lower in 2015 , as supply continues to surpass demand . our industry will be challenged by lower commodity prices . however , we have strategically positioned our company so that we can prudently continue investing in our portfolio of assets . first , following our 2014 asset divestitures our portfolio is more focused , and we will concentrate our capital programs on the highest return assets in our portfolio . we exited 2014 with a production profile comprised of roughly 35 percent oil , 20 percent natural gas liquids and 45 percent natural gas . recognizing the relative value of crude oil , we are devoting the vast majority of our 2015 capital investment toward growing our oil production , particularly the sweet grades of oil found in the u.s. 27 second , we have hedged approximately 50 percent of our projected 2015 crude production at a floor price of $ 91 per barrel and approximately 40 percent of our natural gas production at $ 4.17 per mcf . these 2015 contracts had an approximate value of $ 2 billion at december 31 , 2014. additionally , costs for the services we use are declining in response to lower commodity prices . these factors will partially mitigate the effects of lower commodity prices . finally , enlink 's growth as a result of recent acquisitions and planned asset dropdowns from devon will generate additional cash resources that can be used for our capital investment . nevertheless , lower commodity prices create headwinds on our business . therefore , we are projecting a 20 percent decrease in capital spending in 2015. such spending will be focused on the oily assets in our portfolio currently generating the highest returns . with this focus on our highest return assets , we expect growth in oil production to be between 20 and 25 percent in 2015. results of operations all amounts in this document related to our international operations for the year ended december 31 , 2012 are presented as discontinued . therefore , all results from those operations are excluded in the results of operations section unless otherwise noted . 28 oil , gas and ngl production replace_table_token_15_th 29 oil , gas and ngl pricing replace_table_token_16_th ( 1 ) prices presented exclude any effects due to oil , gas and ngl derivatives . ( 2 ) the reported canadian gas volumes include 21 and 25 mmcf per day for the years ended 2014 and 2013 , respectively , that are produced from certain of our leases and then transported to our jackfish operations where the gas is used as fuel . however , the revenues and expenses related to this consumed gas are eliminated in our consolidated financial results . with the sale of the vast majority of the canadian gas business in the second quarter of 2014 , the impact of the eliminated gas revenues more significantly impacts our gas price . commodity sales the volume and price changes in the tables above caused the following changes to our oil , gas and ngl sales . replace_table_token_17_th volumes 2014 vs. 2013 oil , gas and ngl sales increased $ 985 million due to volumes . the primary driver of the increase resulted from a 74 percent increase in our u.s. oil production . such growth resulted from our recently acquired eagle ford properties and the continued development of our properties in the permian basin and mississippian-woodford trend properties . in addition , we continue to grow our ngl production from these plays , which resulted in $ 131 million of additional sales . bitumen sales increased $ 76 million due to 30 development of our jackfish thermal heavy oil projects in canada , including jackfish 3 which had first sales in 2014. these increases were partially offset by a 20 percent decrease in our 2014 gas production , which was impacted by our asset divestitures , resulting in a $ 533 million decline in sales . volumes 2013 vs. 2012 oil , gas and ngl sales increased $ 625 million due to a 15 percent increase in our liquids production , partially offset by a 7 percent decline in our gas production . oil production was the largest driver of the increase , accounting for 85 percent of the higher sales . largely due to continued development of our properties in the permian basin , the mississippian-woodford trend and the anadarko basin , our oil sales increased $ 531 million . bitumen sales increased $ 65 million due to development of our jackfish thermal heavy oil projects in canada . additionally , our ngl sales increased $ 181 million as a result of continued drilling in the liquids-rich gas portions of the barnett shale and the anadarko basin . these increases were partially offset by a 7 percent decrease in our 2013 gas production , resulting in a $ 152 million decline in sales . prices 2014 vs. 2013 oil , gas and ngl sales increased $ 403 million due to a 20 percent increase in our realized prices without hedges . our gas sales were the most significantly impacted with a $ 572 million increase in sales . story_separator_special_tag additionally , we are exposed to the credit risk of counterparties to our derivative financial contracts . we utilize a variety of mechanisms to limit our exposure to the credit risks of our customers , partners and counterparties . such mechanisms include , under certain conditions , requiring letters of credit , prepayments or collateral postings . 40 as recent years indicate , we have a history of investing more than 100 percent of our operating cash flow into capital development activities to grow our company and maximize value for our shareholders . therefore , negative movements in any of the variables discussed above would not only impact our operating cash flow but also would likely impact the amount of capital investment we could or would make . at the end of 2014 , we held approximately $ 1.5 billion of cash . included in this total was $ 1.2 billion of cash held by our foreign subsidiaries . if we were to repatriate a portion or all of the cash held by our foreign subsidiaries , we would recognize and pay current income taxes in accordance with current u. s. tax law . the payment of such additional income tax would decrease the amount of cash ultimately available to fund our business . credit availability we have a $ 3.0 billion syndicated , unsecured revolving line of credit ( the senior credit facility ) . the maturity date for $ 30 million of the senior credit facility is october 24 , 2017. the maturity date for $ 164 million of the senior credit facility is october 24 , 2018. the maturity date for the remaining $ 2.8 billion is october 24 , 2019. this credit facility supports our $ 3.0 billion commercial paper program . amounts borrowed under the senior credit facility may , at our election , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , we may elect to borrow at the prime rate . as of december 31 , 2014 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires us to maintain a ratio of total funded debt to total capitalization , as defined in the credit agreement , of no more than 65 percent . the credit agreement defines total funded debt as funds received through the issuance of debt securities such as debentures , bonds , notes payable , credit facility borrowings and short-term commercial paper borrowings . in addition , total funded debt includes all obligations with respect to payments received in consideration for oil , gas and ngl production yet to be acquired or produced at the time of payment . funded debt excludes our outstanding letters of credit and trade payables . the credit agreement defines total capitalization as the sum of funded debt and stockholders ' equity adjusted for noncash financial write-downs , such as full cost ceiling and goodwill impairments . as of december 31 , 2014 , we were in compliance with this covenant . our debt-to-capitalization ratio at december 31 , 2014 , as calculated pursuant to the terms of the agreement , was 20.9 percent . our access to funds from the senior credit facility is not restricted under any material adverse effect clauses . it is not uncommon for credit agreements to include such clauses . these clauses can remove the obligation of the banks to fund the credit line if any condition or event would reasonably be expected to have a material and adverse effect on the borrower 's financial condition , operations , properties or business considered as a whole , the borrower 's ability to make timely debt payments , or the enforceability of material terms of the credit agreement . while our credit facility includes covenants that require us to report a condition or event having a material adverse effect , the obligation of the banks to fund the credit facility is not conditioned on the absence of a material adverse effect . we also have access to $ 3.0 billion of short-term credit under our commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor or the money market rate as found in the commercial paper market . as of december 31 , 2014 , we had $ 932 million of borrowings under our commercial paper program . enlink has a $ 1.0 billion unsecured revolving credit facility . on february 5 , 2015 , the commitments under enlink 's credit facility were increased to $ 1.5 billion . the general partner also has a $ 250 million revolving credit facility . as of december 31 , 2014 , there were $ 14 million in outstanding letters of credit and $ 237 million borrowed under the $ 1.0 billion credit facility and no outstanding borrowings under the $ 250 million credit facility . all of enlink 's and the general partner 's debt is non-recourse to devon . 41 debt ratings we and enlink receive debt ratings from the major ratings agencies in the u.s. however , the general partner does not receive debt ratings . in determining those debt ratings , the agencies consider a number of qualitative and quantitative items including , but not limited to , commodity pricing levels , liquidity , asset quality , reserve mix , debt levels , cost structure , planned asset sales , near-term and long-term growth opportunities and capital allocation challenges . there are no rating triggers in any of our or enlink 's debt

sources and uses of cash the following table presents the major source and use categories of our cash and cash equivalents . replace_table_token_29_th operating cash flow  continuing operations net cash provided by operating activities continued to be a significant source of capital and liquidity in 2014. our operating cash flow increased 10 percent during 2014 primarily due to higher realized prices and 37 liquids production growth , partially offset by higher expenses . our operating cash flow increased 10 percent during 2013 primarily due to higher commodity prices and production growth , partially offset by higher expenses . excluding the $ 6.5 billion attributable to the geosouthern and other acquisitions , our operating cash flow funded approximately 86 percent of our cash payments for capital expenditures during 2014. leveraging our liquidity , we used cash balances , short-term debt and divestiture proceeds to fund the remainder of our cash-based capital expenditures . divestitures of property and equipment during 2014 , we completed our canadian asset divestiture program and received proceeds of approximately $ 2.9 billion . additionally , we completed the divestment of certain of our u.s. assets and received proceeds of approximately $ 2.2 billion . in 2013 , we sold our thunder creek operations in wyoming for approximately $ 148 million and our bear paw basin assets in havre , montana for approximately $ 73 million . we also sold other minor oil and gas assets . during 2012 , we closed two key joint venture transactions . under one of these arrangements , our joint venture partner paid approximately $ 900 million in cash and received a 33.3 percent interest in five of our exploration plays in the u.s. our joint venture partner is also funding approximately $ 1.6 billion of our share of future exploration , development and drilling costs associated with these plays .


 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.
     ```sources and uses of cash the following table presents the major source and use categories of our cash and cash equivalents . replace_table_token_29_th operating cash flow  continuing operations net cash provided by operating activities continued to be a significant source of capital and liquidity in 2014. our operating cash flow increased 10 percent during 2014 primarily due to higher realized prices and 37 liquids production growth , partially offset by higher expenses . our operating cash flow increased 10 percent during 2013 primarily due to higher commodity prices and production growth , partially offset by higher expenses . excluding the $ 6.5 billion attributable to the geosouthern and other acquisitions , our operating cash flow funded approximately 86 percent of our cash payments for capital expenditures during 2014. leveraging our liquidity , we used cash balances , short-term debt and divestiture proceeds to fund the remainder of our cash-based capital expenditures . divestitures of property and equipment during 2014 , we completed our canadian asset divestiture program and received proceeds of approximately $ 2.9 billion . additionally , we completed the divestment of certain of our u.s. assets and received proceeds of approximately $ 2.2 billion . in 2013 , we sold our thunder creek operations in wyoming for approximately $ 148 million and our bear paw basin assets in havre , montana for approximately $ 73 million . we also sold other minor oil and gas assets . during 2012 , we closed two key joint venture transactions . under one of these arrangements , our joint venture partner paid approximately $ 900 million in cash and received a 33.3 percent interest in five of our exploration plays in the u.s. our joint venture partner is also funding approximately $ 1.6 billion of our share of future exploration , development and drilling costs associated with these plays .
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 Suspicious Activity Report : the decline increased further following opec 's announcement in late november 2014 that it would not reduce its production targets . this decline continued into 2015 but has started to stabilize with the west texas intermediate ( wti ) benchmark generally ranging between $ 45- $ 50 per barrel throughout january and early february 2015. if wti remained at this level throughout 2015 , our realized crude price , excluding the effects of hedges , would decrease approximately 50 % compared to 2014. although natural gas prices improved in 2014 compared to 2013 , natural gas continues to be challenged due to an imbalance between supply and demand across north america . we expect most natural gas benchmark prices to be lower in 2015 , as supply continues to surpass demand . our industry will be challenged by lower commodity prices . however , we have strategically positioned our company so that we can prudently continue investing in our portfolio of assets . first , following our 2014 asset divestitures our portfolio is more focused , and we will concentrate our capital programs on the highest return assets in our portfolio . we exited 2014 with a production profile comprised of roughly 35 percent oil , 20 percent natural gas liquids and 45 percent natural gas . recognizing the relative value of crude oil , we are devoting the vast majority of our 2015 capital investment toward growing our oil production , particularly the sweet grades of oil found in the u.s. 27 second , we have hedged approximately 50 percent of our projected 2015 crude production at a floor price of $ 91 per barrel and approximately 40 percent of our natural gas production at $ 4.17 per mcf . these 2015 contracts had an approximate value of $ 2 billion at december 31 , 2014. additionally , costs for the services we use are declining in response to lower commodity prices . these factors will partially mitigate the effects of lower commodity prices . finally , enlink 's growth as a result of recent acquisitions and planned asset dropdowns from devon will generate additional cash resources that can be used for our capital investment . nevertheless , lower commodity prices create headwinds on our business . therefore , we are projecting a 20 percent decrease in capital spending in 2015. such spending will be focused on the oily assets in our portfolio currently generating the highest returns . with this focus on our highest return assets , we expect growth in oil production to be between 20 and 25 percent in 2015. results of operations all amounts in this document related to our international operations for the year ended december 31 , 2012 are presented as discontinued . therefore , all results from those operations are excluded in the results of operations section unless otherwise noted . 28 oil , gas and ngl production replace_table_token_15_th 29 oil , gas and ngl pricing replace_table_token_16_th ( 1 ) prices presented exclude any effects due to oil , gas and ngl derivatives . ( 2 ) the reported canadian gas volumes include 21 and 25 mmcf per day for the years ended 2014 and 2013 , respectively , that are produced from certain of our leases and then transported to our jackfish operations where the gas is used as fuel . however , the revenues and expenses related to this consumed gas are eliminated in our consolidated financial results . with the sale of the vast majority of the canadian gas business in the second quarter of 2014 , the impact of the eliminated gas revenues more significantly impacts our gas price . commodity sales the volume and price changes in the tables above caused the following changes to our oil , gas and ngl sales . replace_table_token_17_th volumes 2014 vs. 2013 oil , gas and ngl sales increased $ 985 million due to volumes . the primary driver of the increase resulted from a 74 percent increase in our u.s. oil production . such growth resulted from our recently acquired eagle ford properties and the continued development of our properties in the permian basin and mississippian-woodford trend properties . in addition , we continue to grow our ngl production from these plays , which resulted in $ 131 million of additional sales . bitumen sales increased $ 76 million due to 30 development of our jackfish thermal heavy oil projects in canada , including jackfish 3 which had first sales in 2014. these increases were partially offset by a 20 percent decrease in our 2014 gas production , which was impacted by our asset divestitures , resulting in a $ 533 million decline in sales . volumes 2013 vs. 2012 oil , gas and ngl sales increased $ 625 million due to a 15 percent increase in our liquids production , partially offset by a 7 percent decline in our gas production . oil production was the largest driver of the increase , accounting for 85 percent of the higher sales . largely due to continued development of our properties in the permian basin , the mississippian-woodford trend and the anadarko basin , our oil sales increased $ 531 million . bitumen sales increased $ 65 million due to development of our jackfish thermal heavy oil projects in canada . additionally , our ngl sales increased $ 181 million as a result of continued drilling in the liquids-rich gas portions of the barnett shale and the anadarko basin . these increases were partially offset by a 7 percent decrease in our 2013 gas production , resulting in a $ 152 million decline in sales . prices 2014 vs. 2013 oil , gas and ngl sales increased $ 403 million due to a 20 percent increase in our realized prices without hedges . our gas sales were the most significantly impacted with a $ 572 million increase in sales . story_separator_special_tag additionally , we are exposed to the credit risk of counterparties to our derivative financial contracts . we utilize a variety of mechanisms to limit our exposure to the credit risks of our customers , partners and counterparties . such mechanisms include , under certain conditions , requiring letters of credit , prepayments or collateral postings . 40 as recent years indicate , we have a history of investing more than 100 percent of our operating cash flow into capital development activities to grow our company and maximize value for our shareholders . therefore , negative movements in any of the variables discussed above would not only impact our operating cash flow but also would likely impact the amount of capital investment we could or would make . at the end of 2014 , we held approximately $ 1.5 billion of cash . included in this total was $ 1.2 billion of cash held by our foreign subsidiaries . if we were to repatriate a portion or all of the cash held by our foreign subsidiaries , we would recognize and pay current income taxes in accordance with current u. s. tax law . the payment of such additional income tax would decrease the amount of cash ultimately available to fund our business . credit availability we have a $ 3.0 billion syndicated , unsecured revolving line of credit ( the senior credit facility ) . the maturity date for $ 30 million of the senior credit facility is october 24 , 2017. the maturity date for $ 164 million of the senior credit facility is october 24 , 2018. the maturity date for the remaining $ 2.8 billion is october 24 , 2019. this credit facility supports our $ 3.0 billion commercial paper program . amounts borrowed under the senior credit facility may , at our election , bear interest at various fixed rate options for periods of up to twelve months . such rates are generally less than the prime rate . however , we may elect to borrow at the prime rate . as of december 31 , 2014 , there were no borrowings under the senior credit facility . the senior credit facility contains only one material financial covenant . this covenant requires us to maintain a ratio of total funded debt to total capitalization , as defined in the credit agreement , of no more than 65 percent . the credit agreement defines total funded debt as funds received through the issuance of debt securities such as debentures , bonds , notes payable , credit facility borrowings and short-term commercial paper borrowings . in addition , total funded debt includes all obligations with respect to payments received in consideration for oil , gas and ngl production yet to be acquired or produced at the time of payment . funded debt excludes our outstanding letters of credit and trade payables . the credit agreement defines total capitalization as the sum of funded debt and stockholders ' equity adjusted for noncash financial write-downs , such as full cost ceiling and goodwill impairments . as of december 31 , 2014 , we were in compliance with this covenant . our debt-to-capitalization ratio at december 31 , 2014 , as calculated pursuant to the terms of the agreement , was 20.9 percent . our access to funds from the senior credit facility is not restricted under any material adverse effect clauses . it is not uncommon for credit agreements to include such clauses . these clauses can remove the obligation of the banks to fund the credit line if any condition or event would reasonably be expected to have a material and adverse effect on the borrower 's financial condition , operations , properties or business considered as a whole , the borrower 's ability to make timely debt payments , or the enforceability of material terms of the credit agreement . while our credit facility includes covenants that require us to report a condition or event having a material adverse effect , the obligation of the banks to fund the credit facility is not conditioned on the absence of a material adverse effect . we also have access to $ 3.0 billion of short-term credit under our commercial paper program . commercial paper debt generally has a maturity of between 1 and 90 days , although it can have a maturity of up to 365 days , and bears interest at rates agreed to at the time of the borrowing . the interest rate is generally based on a standard index such as the federal funds rate , libor or the money market rate as found in the commercial paper market . as of december 31 , 2014 , we had $ 932 million of borrowings under our commercial paper program . enlink has a $ 1.0 billion unsecured revolving credit facility . on february 5 , 2015 , the commitments under enlink 's credit facility were increased to $ 1.5 billion . the general partner also has a $ 250 million revolving credit facility . as of december 31 , 2014 , there were $ 14 million in outstanding letters of credit and $ 237 million borrowed under the $ 1.0 billion credit facility and no outstanding borrowings under the $ 250 million credit facility . all of enlink 's and the general partner 's debt is non-recourse to devon . 41 debt ratings we and enlink receive debt ratings from the major ratings agencies in the u.s. however , the general partner does not receive debt ratings . in determining those debt ratings , the agencies consider a number of qualitative and quantitative items including , but not limited to , commodity pricing levels , liquidity , asset quality , reserve mix , debt levels , cost structure , planned asset sales , near-term and long-term growth opportunities and capital allocation challenges . there are no rating triggers in any of our or enlink 's debt

