Over the past decade, Shell and Anadarko Petroleum Corporation have worked together in a joint venture in the Permian Basin in Texas, USA. But that could soon be over, as the two companies are considering allowing the venture to expire and divvying up the properties in the hope that development will go faster, reports Reuters.
The current partnership expires in the summer, and a split would enable the two companies to drill and develop new wells at their own pace.
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