FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Luxor Capital Group, LP 		2. Issuer Name and Ticker or Trading Symbol

Teekay Offshore Partners L.P. [ TOO ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

767 FIFTH AVENUE, 19TH FLOOR 		3. Date of Earliest Transaction (MM/DD/YYYY)

12/11/2007
(Street)

NEW YORK, NY 10153
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   12/11/2007     P    9921   A $25.2481   239142   D   (1) (6) (7)  
Common Stock   12/11/2007     P    23782   A $25.2481   354569   D   (2) (6) (7)  
Common Stock   12/11/2007     P    2647   A $25.2481   69325   D   (3) (6) (7)  
Common Stock   12/11/2007     P    2955   A $25.2481   344902   D   (4) (6) (7)  
Common Stock   12/11/2007     P    1052   A $25.2481   90244   I   See   (5) (6) (7)
Common Stock   12/12/2007     P    5671   A $25.9728   244813   D   (1) (6) (7)  
Common Stock   12/12/2007     P    8267   A $25.9728   362836   D   (2) (6) (7)  
Common Stock   12/12/2007     P    1534   A $25.9728   70589   D   (3) (6) (7)  
Common Stock   12/12/2007     P    7675   A $25.9728   352577   D   (4) (6) (7)  
Common Stock   12/12/2007     P    1853   A $25.9728   92097   I   See   (5) (6) (7)
Common Stock   12/12/2007     P    7939   A $25.8822   252752   D   (1) (6) (7)  
Common Stock   12/12/2007     P    11574   A $25.8822   374410   D   (2) (6) (7)  
Common Stock   12/12/2007     P    2147   A $25.8822   73006   D   (3) (6) (7)  
Common Stock   12/12/2007     P    10746   A $25.8822   363323   D   (4) (6) (7)  
Common Stock   12/12/2007     P    2594   A $25.8822   94691   I   See   (5) (6) (7)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Reflects the securities of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund").
( 2)  Reflects the securities of the issuer owned directly by Luxor Capital Partners Offshore, Ltd. (the "Offshore Fund").
( 3)  Reflects the securities of the issuer owned directly by LCG Select, LLC (the "Select Onshore Fund").
( 4)  Reflects the securities of the issuer owned directly by LCG Select Offshore, Ltd. (the "Select Offshore Fund").
( 5)  Reflects the securities of the issuer held in accounts managed separately ("Separately Managed Accounts") by Luxor Capital Group, LP ("Luxor Capital Group").
( 6)  Luxor Capital Group acts as the investment manager of the Onshore Fund, the Offshore Fund, the Select Onshore Fund and the Select Offshore Fund (collectively, the "Luxor Funds") and the Separately Managed Accounts. Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Onshore Fund and the Select Onshore Fund. Mr. Leone is the managing member of LCG Holdings.
( 7)  Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the shares of common stock held by the Luxor Funds and the Separately Managed Accounts. LCG Holdings may be deemed to indirectly beneficially own the shares of common stock held by the Onshore Fund and the Select Onshore Fund. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims ownership of the shares of common stock owned by the Luxor Funds and the Separately Managed Accounts, except to the extent of their pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Luxor Capital Group, LP
767 FIFTH AVENUE
19TH FLOOR
NEW YORK, NY 10153
X

LUXOR CAPITAL PARTNERS OFFSHORE LTD
C/O M&C CORPORATE SVCS LTD
PO BOX 309 GT UGLAND HOUSE
GEORGE TOWN, E9 00000
X

Luxor Capital Partners, LP
767 FIFTH AVENUE, 19TH FLOOR
NEW YORK, NY 10153
X

LCG SELECT OFFSHORE LTD
PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S
GEORGE TOWN
GRAND CAYAMAN CAYMAN ISLANDS, E9 00000
X

LCG SELECT LLC
767 FIFTH AVENUE
19TH FLOOR
NEW YORK, NY 10153
X


Signatures
Norris Nissim, as General Counsel of Luxor Management, LLC, General Partner of Luxor Capital Group, LP 12/13/2007
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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