• 4 minutes Tariffs to derail $83.7 Billion Chinese Investment in West Virginia
  • 9 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 17 minutes Kaplan Says Rising Oil Prices Won't Hurt US Economy
  • 1 hour Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 12 hours Corruption On The Top: Netanyahu's Wife Charged With Misuse of Public Funds for Meals
  • 1 hour Saudi Arabia turns to solar
  • 29 mins Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 5 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
  • 1 hour Why is permian oil "locked in" when refineries abound?
  • 50 mins Teapots Cut U.S. Oil Shipments
  • 18 hours Gazprom Exports to EU Hit Record
  • 18 hours OPEC Meeting Could End Without Decision - Irony Note Added from OPEC Children's Book
  • 18 hours Could oil demand collapse rapidly? Yup, sure could.
  • 26 mins Oil prices going down
  • 14 hours U.S. Withdraws From U.N. Human Rights Council
  • 2 hours Hot line, Macron: Phone Calls With Trump Are Like Sausages Best Not To Know What Is Inside
  • 2 hours Putin Says 'Fierce' U.S. Politics Hindering Summit With Trump
  • 11 hours EU Confirms Trade Retaliation Measures vs. U.S. To Take Effect on June 22
  • 17 hours Sell out now or hold on?
Alt Text

Can Oil Pull Greece Out Of Poverty?

Greece’s withering economy could use…

Alt Text

China’s Oil Demand Could Take A Big Hit

In the last three years…

Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

More Info

Trending Discussions

Concerns Over Earthquakes Spread To Texas

Concerns Over Earthquakes Spread To Texas

The connection between wastewater injection wells and an alarming increase in the frequency of earthquakes is getting a lot more scrutiny these days.

First was Oklahoma, which has suddenly become the earthquake capital of the United States. The number of earthquakes with a magnitude of 3.0 or higher more than quadrupled between 2013 and 2014 in the state. The culprit? Scientists are becoming more confident that the injection of wastewater into disposal wells causes fault lines to “slip,” contributing to the likelihood of an earthquake. Related: Forget The Noise: Oil Prices Won’t Crash Again

The issue has become highly contentious in Oklahoma. But now the controversy has spread to Texas, where a subsidiary of ExxonMobil is under the microscope. After a series of earthquakes struck near Dallas, Texas regulators are demanding answers. The regulators will hold a set of hearings beginning on June 10 in which they will look into a set of earthquakes that have been linked to disposal wells operated by XTO Energy, a shale gas company purchased by ExxonMobil back in 2010.

Research from Southern Methodist University, based in Dallas, may have found a link between nearby injection wells and the earthquakes. What is worrying state regulators is the fact that the fault line that was triggered had been dormant for a long time, but sprung to life after the disturbance from the disposal wells. Related: Bursting The Solar Leasing Bubble

In response to all the seismic activity, regulators sent requests to four energy companies, asking them to shut down their wells and look into the matter. Those companies were EOG Resources, Bosque Disposal Systems LLC, Metro Saltwater Disposal Inc., and Pinnergy Ltd.

While the industry had urged against a rush to judgement in terms of making the link between disposal wells and earthquakes, arguing that more research was needed, the data has become much harder to ignore. The frequency of earthquakes has spiked and seismologists are now confident in the link. Even the CEO of ConocoPhillips Ryan Lance has come out and admitted that there is a connection. “We’ve followed all the data and the evidence and it does appear that in some areas water disposal is creating seismic events,” he said in May. “We’re trying to understand how widespread it is.” Related: This Dutch Innovation May Solve The Energy Storage Problem

The big question is whether or not regulators are going to crackdown on the industry moving forward. That remains to be seen.

By Charles Kennedy of Oilprice.com

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment
  • mikeb on June 08 2015 said:
    Do aquifers cause earthquakes?

    Does underground oil cause earth quakes?

    Does the removal of underground oil cause earthquakes?

    Does the removal of underground water cause earthquakes?

    Does pouring water back down a hole where there once was oil cause earthquakes?

    If you have a sufficient number of media reports about fracking, does this cause earthquakes?
  • George Taylor on June 08 2015 said:
    It's not the injection causing the increase, it's global warming causing it.
  • Monroe Brown on June 09 2015 said:
    Does causing a 3.0 earthquake today prevent a 6.0 in the future?

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News