With an eye on increased development activity in Wyoming’s Wamsutter field, Williams is teaming with Denver-based Crowheart Energy in a joint venture (JV) that consolidates more than 1.2 million net acres across the tight natural gas reservoir.

Bluestem Pipeline

The tie-up combines the legacy Crowheart, BP plc and Southland Royalty Co. LLC upstream assets into one contiguous footprint in the Greater Green River Basin to unlock long lateral development. The assets consist of more than 3,500 operating wells and 3,000-plus potential development locations.

Crowheart, founded in 2017 in partnership with The Madava Group, is to operate the parties’ consolidated upstream position under the JV agreement. Tulsa-based Williams would continue to operate and retain full ownership of its midstream assets....