According to United States Geological Survey (USGS), Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin part of Texas and New Mexico's Permian Basin province contain a vast quantity of continuous oil and natural gas resources.
The state of Oklahoma’s energy and environment cabinet unveiled a new website this week that hosts scholarly articles and an interactive map of earthquake and injection well locations. The conclusion: the frequent earthquakes that have been hitting the state are mostly due to the underground disposal of billions of barrels of wastewater from oil and gas wells according to scientific consensus. This is a departure from years of official skepticism from the state government.
In total, 30 million barrels are planned to be exported via 15 wells. It is starting from the podium Alpha Prinos, which is connected to the rig Energean Force and from where will be held a total of four wells.
A series of earthquakes between 2008 and 2010 in the Raton Basin - along the southern Colorado and northern New Mexico border – was likely due to fluids pumped underground during oil and gas wastewater disposal, according to a new study by the University of Colorado Boulder.
According to the U.S. Geological Survey annual forecast on natural and human–induced seismic risk, Oklahoma and Kansas may experience serious ground shaking during 2017 due to the drilling activity of the oil and gas industry.