The business is registered as a TETRA Technologies Company and continues to lead the race in providing the world with Production Enhanacemnt Solutions for Marginal and Low Pressure Oil and Gas Wells. These marginal wells continue to represent roughly 64% of the oil and natural gas wells. Though these wells comprise a substantial amount of the country’s reserves, only 10% of these wells are in production. Through the high end compressor technology offered by the company, energy companies are looking at the possibility of increasing their production rate and bolstering their cash flows.
In addition to the operations of the company in the United States, they also have a strong presence in Canada, Mexico and in Argentina. Together with their ties with third party suppliers, CSI Compressco continues to provide compressor packages and oilfield fluid pump systems. These products are mostly custom-designed and are tailored to the unique needs of their business partners. The offerings of the company are marketed to natural gas and oil exploration companies, transmission companies, midstream businesses and those companies that are engaged in onshore production of oil and natural gas.
As a publicly traded company, the common stocks of the business are marketed on the NASDAQ, using the ticker symbol CCLP. The business is now a multi-million dollar venture that is capable of generating more than $31.3 million in just one quarter. It continues to be listed as one of the integral components of the Wilshire 5000 Index.