Blood & Oil Series Premiere Recap: Gossip Girl's Nate Archibald Is Back as Billy the Oil Tycoon!

Chace Crawford in ABC's Blood & Oil Credit: Fred Hayes/ABC via Getty Images

Ever wonder what happened to Nate Archibald (Chace Crawford) after he left Gossip Girl? Turns out he morphed into Billy, Blood & Oil's resident entrepreneur whose life takes a turn for the greasy when he moves to North Dakota and gets caught up in the high-rolling world of oil tycoons.

ABC's new show has all the makings of addictive TV, and we're getting you caught up on Sunday's premiere episode. Spoiler alert: There will be blood. And also oil, to be honest.

Meet the Cutest Couple on TV

Get ready to swoon! High school sweethearts Billy and Cody (Rebecca Rittenhouse) are TV's cutest new couple. These lovebirds moved to North Dakota to start a laundromat business, but their lives got majorly soapy when they wrecked their car and ended up in a small town full of gun-slinging cowboys. With tons of debt and nowhere to live, Billy did what anyone would do: became a casual oil tycoon.

Baby on Board!

It only took about five seconds for Cody to discover that she was pregnant, which made things slightly complicated in her marriage. Understandably, this mom-to-be wanted to book it back home, but she stood by her man and even forked over a family heirloom so he could put down collateral on a land investment. Let's just say it was a good call.

Who Wants to Be a Millionaire?

Fact: Rock Springs is ruled by a millionaire oil tycoon named Hap Briggs (Don Johnson) and his wife, Darla (Amber Valletta), and their latest scheme is to tap Four Bears Reservation for oil. The problem with said scheme? The reservation's oil needed to be accessed through an adjacent plot of land, which Billy bought out from under them thanks to a few well-timed loans. Thanks to Billy's genius investment, he was able to lease the land to Hap for a cool $1,000,000, which means he and Cody are officially Uncle Scrooge-level rich. There's just one issue: Hap's deadbeat son, Wick (Scott Michael Foster).

Ugh, #WickProblems

Thanks to Wick's major daddy issues, he decided to siphon oil from Hap. Not exactly a great plan considering that Hap, Darla, Cody, and Billy showed up on the night of said oil siphoning. In the final moments of the premiere, Wick held his dad at gunpoint, was attacked by Billy, and then –– after some hilarious oil puddle wrestling –– the entire place erupted in flames.

You'll have to wait until next week to find out who made it out alive, but it's times like this that we ask ourselves WWBWD? (What Would Blair Waldorf Do?).

Blood & Oil airs Sundays at 9 p.m. ET on ABC.

Tell Us: Will you keep tuning into Blood & Oil?

Want stories like these delivered straight to your inbox? Sign up now for the Us Weekly newsletter!