We advised Williams on the transaction

Davis Polk advised The Williams Companies, Inc. on the $325 million acquisition of Rimrock Energy Partners, LLC’s gathering and processing system, expanding Williams’s asset base in the DJ Basin.

Williams is a trusted leader in the energy industry, dedicated to safely, reliably and responsibly meeting growing energy demand. With a 33,000-mile pipeline infrastructure, the company transports a third of the nation’s natural gas, delivering the energy needed to heat homes, cook food and generate low-carbon electricity.

Rimrock Energy Partners, formed in 2015 out of Rimrock Midstream, LLC, is a strategic, growth-oriented company focused on the acquisition, development and management of midstream energy assets across multiple commodities, including crude oil, natural gas and natural gas liquids.

The Davis Polk corporate team included partner Oliver Smith and associate Tully Moyer. Partner Pritesh P. Shah and associate Adrian Rabin provided intellectual property advice. Partner William A. Curran and associate Alanna Phillips provided tax advice. Partner Howard Shelanski and associates Benjamin J. Hartman and Sarah M. Bazir provided antitrust and competition advice. Partner Kyoko Takahashi Lin provided executive compensation advice. Members of the Davis Polk team are based in the New York and Washington DC offices.