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Oklahoma Corporation  Form

Oklahoma Corporation Form

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THAT MEANS GOING FORWARD. OBVIOUSLY, WE'VE HAD WORSE QUAKES THAN THAT, BUT AT 4.0, WE CERTAINLY PLAN TO TAKE SOME KIND OF ACTION. THE OKLAHOMA CORPORATION COMMISSION CRACKING DOWN ON OIL AND GAS WASTEWATER DISPOSAL FOR COMPANIES DRILLING NEAR THE TOWN OF CARNEY. THIS COMES AFTER A 4.0 MAGNITUDE QUAKE WAS FELT NEAR THE TOWN THURSDAY. IN TERMS OF THE SHUT INS OF THE WELLS THAT ARE SIX MILES WITHIN THE SIX MILE AREA. ALL THOSE DISPOSAL WELLS HAVE TO STOP OPERATION. AND ALL WE CAN SAY ON THAT IS THAT IT'S INDEFINITE. THE SEC SAYS THIS NEW DIRECTIVE APPLIES TO 23 DIFFERENT WELLS. THE KEY IS TO REDUCE THE VOLUME OF WASTEWATER INTO THE ARBUCKLE FORMATION, WHICH IS THE STATE'S DEEPEST FORMATION. AND I'M TOLD THIS APPROACH TO WASTEWATER REDUCTION HAS MADE EARTHQUAKES LESS COMMON AROUND THE STATE. WE HAVE USED THIS APPROACH AND IT'S LARGE. IT'S CREDITED BY THE SCIENTIFIC COMMUNITY WITH BRINGING THE 3.0 MAGNUM MAGNITUDE EARTHQUAKE RATE AND HIGHER DO

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