Parts of the shale basin in oil-rich Texas will be left behind in order to focus more on deepwater and other assets, Anadarko Petroleum announced. The company said it agreed to sell off its assets in the Eagle Ford shale basin in Texas to Sanchez Energy Corp. and Blackstone Group for $2.3 billion. Al Walker, the top executive at Anadarko, said Eagle Ford will remain a central component of the U.S. energy picture. “The ongoing success of our portfolio-management activities provides us with the flexibility to further accelerate capital investments in our higher-return oil opportunities in the Delaware Basin, the DJ Basin, and the deepwater Gulf of Mexico, which drive our ability to deliver a 12- to 14-percent five-year compounded annual oil growth rate,” he […]