Shell, Anadarko reportedly consider splitting Permian JV

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The Hague-based Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B) and The Woodlands-based Anadarko Petroleum Corp. (NYSE: APC) will soon have to decide what they’re going to do with their joint venture in the Permian Basin. Reuters reports that the two companies likely won’t renew the 10-year-old JV agreement, which is set to expire over the summer. Shell gained its stake in the JV through a 2012 deal with Oklahoma City-based Chesapeake Energy Corp. Greg Guidry, who oversees Shell’s shale business,…


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