Big West Texas earthquake highlights new seismicity rules

What kind of impact might this ultimately wind up having on the local oil and gas industry? I mean, are we looking at the probability, possibility of new regulations on fracking activities or what?

Well, that’s an interesting question. So per the stipulations of this seismic response program, actually, there’s no specific action that anybody needs to take as a result of this earthquake, because there are none of these deep injection wells that are close enough to the epicenter of the earthquake. So it’s going to be interesting to see if maybe we do need to have some more regulations that come out of this.

Do I understand you to say that it didn’t appear that the fracking water, the wastewater, caused this earthquake or seemed to be directly related to it? Well, you know, it’s really difficult to establish causality in this type of situation. And I’m sure in the coming months and years, we’ll see some detailed studies to try to figure out what really happened. The depth of the earthquake is certainly consistent with being triggered by some of these deep injection wells. The closest one is about 9 to 10 miles away from the epicenter, and it’s not inconceivable that the pressure could have propagated that far.

TexasStandard This is what deregulation looks like--at least no one died this time

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