On August
3, 2015, the Oklahoma Corporation Commission released
an Oil and Gas Disposal Well Volume Reduction plan in response to earthquake
activities that occurred on July 27-28 in Northern Oklahoma. The
Commission’s plan imposes a 60 day-period within which oil and gas companies must
reduce the volume of their wastewater that is injected into subsurface wells.
The Commission expects a total volume reduction of 38% or about 3.4 million
barrels of the daily average of the total volume based upon the data in the 2014 Annual
Fluid Injection Report.
On July
28, 2015, the Commission announced that,
following the seismic activity in the Crescent area, two companies operating
located near the reported area each closed one of their wells on a voluntary
basis. The volume of wastewater injected into a third well was reduced by 50%.
The Commission recently updated its induced seismicity directives aimed to mitigate the risk of induced seismicity in Oklahoma. The scope of these directives was extended to 211 more disposal wells located in the Arbuckle formation.
The Commission recently updated its induced seismicity directives aimed to mitigate the risk of induced seismicity in Oklahoma. The scope of these directives was extended to 211 more disposal wells located in the Arbuckle formation.
Written by Chloe Marie - Research Fellow
08/06/2015
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