Earthquakes bumfuzzle officials
Jun. 25—"Shake, Rattle and Roll" was a fun record by
Apparently caused by the multitude of wells that are used either to enhance oil recovery with the injection of saltwater or to dispose of the brine produced with oil and gas, the quakes have become particularly vexatious along
The responsible regulatory agency, the
Railroad Commissioners
"Protection of public safety and the environment are critical to the railroad commission's mission," Keese said. "RRC staff, including the agency's seismologist, have been actively examining seismicity between
"The agency requested and has been receiving monthly reports containing daily injection volumes and pressures from a number of disposal wells in that area. New disposal well applications in the area are subject to seismic review guidelines and permitting restrictions.
"This area is also being actively studied by scientists at the
State Sen.
"If there are findings that the wells have caused seismic activity, then yes, the commission should immediately look at those findings and take such action as it is legally entitled to take."
State Rep.
"I'm not privy to that information and I don't have any control over their decision-making process."
"We are not concluded on any results considering the causes, but they are mostly likely not natural," Savvaidis said. "We are analyzing the underground locations and depths of the earthquakes. We work with the RRC and have quarterly meetings."
"We're developing information and logs of the most recent events that can be useful to the RRC to help determine where the issues are and what they might want to do to alleviate those issues," Robertson said. "It's an area of concern for the PBPA because we want to be good stewards."
The
The
A recent report by the
"Tremors of above the magnitude of 2 on the Richter Scale quadrupled in 2020 and are on track to increase even further in frequency in 2021 if oil and gas activity sticks to its current drilling methods at the same pace," said the company, an independent energy research and business intelligence firm that provides data, tools, analytics and consultancy services to the global energy industry," according to its website.
Rystad also has offices in
"Data from
"The trend appears to be moving not only to more frequent but also larger events. So far this year, there have already been 11 individual seismic events of magnitude 3.5 or greater, which can certainly be felt but may not cause any damage — a worrying sign compared to just six such events annually in 2018 and 2019 and 14 events in 2020.
"The biggest oil and gas industry contributor to seismic activity is by far the saltwater disposal through underground injection, and the volume of disposed water climbed sharply from 2011 through 2019 before tapering off a little in 2020 due to lower activity caused by the COVID-19 pandemic.
"While the
"To maintain water disposal at 2020 levels and offset its coming growth, the amount of water that is treated and recycled must instead grow going forward and the cost of doing that could accumulate to above
"To offset the yearly growth of disposed water that Rystad Energy is forecasting due to the coming boom in the
"Earthquakes are not the only environmental issue caused by water disposal. Fresh water sourcing in arid regions of
"Rystad Energy estimates that by the end of 2022, the
___
(c)2021 the Odessa American (Odessa, Texas)
Visit the Odessa American (Odessa, Texas) at www.oaoa.com
Distributed by Tribune Content Agency, LLC.



The Spin: City Council approves renaming Lake Shore Drive for DuSable | Will Pritzker sign legislation that could trigger regular property tax hikes? | Preckwinkle administration wants more authority over COVID-19 relief funds
South Orange County gears up for future droughts, water emergencies
Advisor News
- Women say their advisors respect them, but talk down to them
- How PEPs compare with traditional 401(k)s
- Allianz studies why 42% of Americans retire sooner than expected
- Why advisors should be talking about life settlements
- Millennials are ready to bring their advisor to the family table
More Advisor NewsAnnuity News
- NAIC regulators continue pushing for annuity illustration updates
- Wink: Flat first-quarter annuity sales fall just short of $100B
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
More Annuity NewsHealth/Employee Benefits News
- Salem council shows support for single-payer health insurance program
- Researchers at Creighton University School of Medicine Release New Data on Managed Care (Barriers Beyond Medicaid: A Midwest Study on Pancreatic Surgery Access Post-ACA): Managed Care
- Presbyterian announces layoffs, ending Medicare Advantage plans
- Franklin County Hiring Tax Assessment Specialist I
- New Findings on Soft Tissue Sarcomas from National Cancer Center Research Institute Summarized (Differences Among Genomic Profiling Tests for Bone and Soft-Tissue Sarcomas in a Universal Health Insurance System): Oncology – Soft Tissue Sarcomas
More Health/Employee Benefits NewsLife Insurance News
- Prudential announces more layoffs as insurer continues to restructure
- Pradip Patiath Joins Securian Financial Board of Directors
- Over $107 million in life insurance benefits located for Tennesseans in 2025
- Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Life Insurance News