<SEC-DOCUMENT>0001449488-16-000145.txt : 20160914
<SEC-HEADER>0001449488-16-000145.hdr.sgml : 20160914
<ACCEPTANCE-DATETIME>20160914165853
ACCESSION NUMBER:		0001449488-16-000145
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160808
FILED AS OF DATE:		20160914
DATE AS OF CHANGE:		20160914

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSI Compressco LP
		CENTRAL INDEX KEY:			0001449488
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				943450907
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3809 S. FM 1788
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79706
		BUSINESS PHONE:		(432) 563-1170

	MAIL ADDRESS:	
		STREET 1:		3809 S. FM 1788
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79706

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Compressco Partners, L.P.
		DATE OF NAME CHANGE:	20081104

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			COMPRESSCO INC
		CENTRAL INDEX KEY:			0000904147
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35195
		FILM NUMBER:		161885582

	BUSINESS ADDRESS:	
		STREET 1:		220 CAMP ST
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70130
		BUSINESS PHONE:		5045241801

	MAIL ADDRESS:	
		STREET 1:		220 CAMP ST
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70130

	FORMER NAME:	
		FORMER CONFORMED NAME:	EMERGING ALPHA CORP
		DATE OF NAME CHANGE:	19930511

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Compressco Field Services Inc.
		CENTRAL INDEX KEY:			0001522703
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35195
		FILM NUMBER:		161885583

	BUSINESS ADDRESS:	
		STREET 1:		101 PARK AVENUE
		STREET 2:		SUITE 1200
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73102
		BUSINESS PHONE:		405-677-0221

	MAIL ADDRESS:	
		STREET 1:		101 PARK AVENUE
		STREET 2:		SUITE 1200
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CSI Compressco GP Inc
		CENTRAL INDEX KEY:			0001520660
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35195
		FILM NUMBER:		161885584

	BUSINESS ADDRESS:	
		STREET 1:		3809 S. FM 1788
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79706
		BUSINESS PHONE:		432-563-1170

	MAIL ADDRESS:	
		STREET 1:		3809 S. FM 1788
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79706

	FORMER NAME:	
		FORMER CONFORMED NAME:	Compressco Partners GP Inc
		DATE OF NAME CHANGE:	20110512

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TETRA TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0000844965
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35195
		FILM NUMBER:		161885585

	BUSINESS ADDRESS:	
		STREET 1:		24955 INTERSTATE 45 NORTH
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380
		BUSINESS PHONE:		2813671983

	MAIL ADDRESS:	
		STREET 1:		24955 INTERSTATE 45 NORTH
		CITY:			THE WOODLANDS
		STATE:			TX
		ZIP:			77380
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2016-08-08</periodOfReport>

    <issuer>
        <issuerCik>0001449488</issuerCik>
        <issuerName>CSI Compressco LP</issuerName>
        <issuerTradingSymbol>CCLP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000844965</rptOwnerCik>
            <rptOwnerName>TETRA TECHNOLOGIES INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>24955 INTERSTATE 45 NORTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>THE WOODLANDS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77380</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Director by Deputization (1)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001520660</rptOwnerCik>
            <rptOwnerName>CSI Compressco GP Inc</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3809 S. FM 1788</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MIDLAND</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>79706</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Director by Deputization (1)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001522703</rptOwnerCik>
            <rptOwnerName>Compressco Field Services Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3809 S. FM 1788</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MIDLAND</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>79706</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Director by Deputization (1)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000904147</rptOwnerCik>
            <rptOwnerName>COMPRESSCO INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3809 S. FM 1788</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MIDLAND</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>79706</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Director by Deputization (1)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series A Convertible Preferred Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2016-08-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>874891</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>11.43</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
                <footnoteId id="F4"/>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F6"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Units representing limited partner interests</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>874891</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F7"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>see footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F7"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each of the reporting persons may be deemed a &quot;director by deputization&quot; of CSI Compressco LP (the &quot;Issuer&quot;) by reason of the fact that all directors of the general partner of the Issuer are designated by TETRA Technologies, Inc. (&quot;TTI&quot;).</footnote>
        <footnote id="F2">On August 8, 2016, the Issuer entered into a Series A Preferred Unit Purchase Agreement with CSI Compressco Investment LLC (&quot;CSI Investment&quot;) and the other purchasers party thereto (the &quot;Purchasers&quot;), whereby the Purchasers purchased Series A Convertible Preferred Units representing limited partner interests in the Issuer (the &quot;Preferred Units&quot;). The Preferred Units were issued and sold to the Purchasers on August 8, 2016 (the &quot;Closing&quot;). A ratable portion of the Preferred Units will be converted each month over a period of thirty months beginning in the seventh calendar month following the Closing (each, a &quot;Conversion Date&quot;), subject to certain provisions that may delay or accelerate all or a portion of such monthly conversions.  [cont. in footnote 3]</footnote>
        <footnote id="F3">On each Conversion Date, the Preferred Units will convert into common units representing limited partner interests in the Partnership (&quot;Common Units&quot;) in an amount equal to, with respect to each holder of Preferred Units (each, a &quot;Preferred Unitholder&quot;), the number of Preferred Units held by such Preferred Unitholder divided by the number of Conversion Dates remaining, subject to certain adjustments. The conversion price (the &quot;Conversion Price&quot;) on any Conversion Date shall equal the least of (i) $12.00, subject to certain adjustments, (ii) 93.5% of the arithmetic average of the volume-weighted average trading price (the &quot;VWAP&quot;) on each trading day during the twenty (20) trading day period immediately prior to such Conversion Date (subject to certain adjustments), and (iii) the arithmetic average of the VWAPs on each trading day during the three (3) trading day period immediately prior to such Conversion Date (subject to certain adjustments); [cont. in footnote 4]</footnote>
        <footnote id="F4">provided, however, that the Conversion Price shall not be less than $2.00. In addition, the Preferred Units are convertible on a one-for-one basis (subject to customary anti-dilution adjustments) by the holders of such Preferred Units at any time following May 31, 2017 so long as any conversion is not for less than $250,000 or such lesser amount, if such conversion relates to all of such Purchaser's remaining Preferred Units. In addition, upon certain events involving a change of control, each holder of the Preferred Units may elect to (a) convert its Preferred Units to Common Units at the then-applicable conversion rate, (b) if the Partnership is not the surviving entity (or if the Partnership is the surviving entity, but its Common Units will cease to be listed on a National Securities Exchange), require the Partnership or the acquiring entity, as applicable, to either [cont. in footnote 5]</footnote>
        <footnote id="F5">(i) deliver a security in the surviving entity that has substantially similar rights, preferences and privileges as the Preferred Units or (ii) redeem each Preferred Unit held by such Preferred Unitholder at a redemption price per Preferred Unit equal to 120% of the greater of (A) $11.43 and (B) the intrinsic value of the Preferred Units determined as of the applicable date of determination or (c) if the Partnership is the surviving entity and its Common Units continue to be listed or admitted to trading on a National Securities Exchange, continue to hold the Preferred Units.</footnote>
        <footnote id="F6">The Preferred Units are perpetual in nature and have no expiration date.</footnote>
        <footnote id="F7">All of the reported Preferred Units are owned directly by CSI Investment, a direct, wholly owned subsidiary of CSI Compressco GP Inc. (&quot;CCGP&quot;), the general partner of the Issuer, and may be deemed to be beneficially owned by (i) CCGP, a direct, wholly owned subsidiary of Compressco Field Services, L.L.C. (&quot;CFS&quot;), (ii) CFS, a direct, wholly owned subsidiary of Compressco, Inc. (&quot;CI&quot;), (iii) CI, a direct, wholly owned subsidiary of TTI and (iv) TTI.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Bass C. Wallace, Jr., Sr. Vice President and General Counsel of TETRA Technologies, Inc., a Delaware corporation</signatureName>
        <signatureDate>2016-09-14</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Bass C. Wallace, Jr., Attorney-in-fact for Compressco, Inc., a Delaware corporation</signatureName>
        <signatureDate>2016-09-14</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Bass C. Wallace, Jr., Attorney-in-fact for Compressco Field Services, L.L.C., an Oklahoma limited liability company</signatureName>
        <signatureDate>2016-09-14</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Bass C. Wallace, Jr., General Counsel, Assistant Secretary, Assistant Treasurer of CSI Compressco GP Inc., a Delaware corporation</signatureName>
        <signatureDate>2016-09-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
