Riviera Resources Inc. operates exploration and production fields and pipeline infrastructure. Blue Mountain Midstream operates as a subsidiary of Riviera. Common shares are listed on the Pink (RVRA) exchange.
Linn Energy acquired BP's interests in the Hugoton field in 2012 and Pioneer's interests in 2014. Linn filed for Chapter 11 bankruptcy in 2016, emerging in 2017 to form Roan Resources. Riviera was spun off from Linn in 2018. In October 2020, the company sold Blue Mountain Midstream for $111 million, and the board approved a dissolution of the company.