So this morning marked the 16th earthquake this month

[Trip McNeely]

Earthquakes have nothing to do with the actual frac'ing process. These anti people are ignorant, and don't understand anything of the process. They got guys like Josh Fox telling them lies and bullshit. However, recycling of frac and production water is the sign of the times. Texas doesn't do it because the TRRC doesn't mandate it...yet. Injection wells is most likely what is causing them, and there are a lot of them in the Barnett, I know from personal experience. We've never had an earthquake in PA because they either truck the water to OH, or recycle it. Injection Wells are banned here.

Watch the movie Frack Nation, I highly recommend it.

[stevo]

"You might think you were in Iraq or Afghanistan," said Greg Morrison, of Reno. "It feels like a semi truck hitting your house with a bomb going off."

Another resident said the most powerful earthquake so far, a 3.6, had opened up a crack in her ceiling some four feet long. Yet another claimed that every toilet in her home had developed fine cracks. Tracy Sutton, a realtor in Azle, feared the quakes may depress home prices in the area. "I've had two people tell me they want to go elsewhere because of what they've heard."

for fucks sake...

Stevo

[Trip McNeely]

I hope to know more details next week, but I know some of the names would be:

Kodiak
Continental
Whiting
Triangle

I know it would involve some private companies as well ... which I have no idea how I'd dig into at this point - I'll have to get creative.

Might want to watch this closely. Heads up.

Shares Of Bakken Oil Producers Plunge After US Warning
by Reuters
|
Thursday, January 02, 2013

NEW YORK, Jan 2 (Reuters) - Shares of Whiting Petroleum Corp , Continental Resources Inc and other top crude oil producers in the Bakken shale formation plunged on Thursday after the U.S. government said oil produced there may be extra flammable.

The warning came three days after a BNSF train carrying crude oil collided in eastern North Dakota with another train carrying grain. The resulting explosion led to the temporary evacuation of a nearby town and added to the growing concern about the safety of oil-by-rail shipments.

Last July a runaway oil train, which originated in North Dakota, derailed and exploded in a small Quebec town, killing 47 people.

Oil extracted from the Bakken, a vast rock formation underneath North Dakota and Montana, "may be more flammable than traditional heavy crude oil," the Pipeline and Hazardous Materials Safety Administration, part of the U.S. Department of Transportation, said on Thursday.

Whiting & Continental, the largest Bakken producers, saw their shares fall more than 3.5 percent after the announcement. Shares of Oasis Petroleum Inc, Kodiak Oil & Gas Corp and Northern Oil & Gas Inc saw similar drops.

Crude oil prices also fell, contributing to the decline.

The U.S. government's warning should come as no surprise considering refineries and other oil buyers value the high energy content of Bakken crude oil, said Ron Ness, the head of the North Dakota Petroleum Council, a trade group for oil producers.

"I don't think there's any surprise that Bakken crude oil is the highest quality crude oil available and it has more of those high-end components that you're looking for in a top-shelf crude oil," Ness said.

Ness said Whiting and other producers he represents follow current federal standards for oil-by-rail shipment. He said the U.S. government should consider updating transportation regulations that currently put crude oil in the same category as ammonia and other chemicals for safety standards.

Oil producers are not responsible for their product once it is loaded onto railcars, a process that typically comes as sale of the oil is finalized. Logistics companies often buy oil from producers and arrange to have it shipped via rail or other means, before selling it to the end user.

The oil involved in the Monday crash was loaded onto the train in Fryburg, North Dakota, and was headed nearly 1,300 miles (2,092 km) to Hayti, Missouri.

Sources familiar with the loading operations told Reuters on Tuesday that Houston-based logistics company Great Northern Midstream loaded the crude at Fryburg, and it was to be unloaded at Marquis Energy's storage terminal and barge loading facility at Hayti, along the Mississippi River.

"When the train leaves the station, (the oil) is in someone else's hands," Ness said.

The American Association of Railroads (AAR), an industry trade group for BNSF and others, said it has worked with federal regulators to try and increase railcar design standards and other regulations. Railways do not inspect material they ship, and simply transport it from one location to another.

A member of the National Transportation Safety Board said on Tuesday that railcars involved in the crash were all older types that do not meet the latest industry safety standards.
- See more at: http://www.rigzone.com/news/oil_gas/....AhnhX825.dpuf

[SBFORDTECH]

The dumbasses on WBAP were calling in and saying it is because of fracing. Do they not realize tht the earth's crust is a lot deeper than the oil and gas companies go? We're not causing shit. The fucking plates move. Get over it!

True Vertical Depth on most of the wells in North Texas is around 2 miles up from where these quakes are originating from. Thats all i got.

[slow99]

Might want to watch this closely. Heads up.

Yep. All I do is follow news all day, I saw it when it broke. Thank you though.

[Strychnine]

Relevant map:

[Country cracker]

Interesting

[juiceweezl]

Probably some dog with bad gas...

[Country cracker]

3.1

[Rick Modena]

Here's to hoping the earth opens up and swallows everybody in that general area. Only then will the bitching stop...

[Ruffdaddy]

Damn, I didn't realize an airport could cause all that.

And lmao at Modena.

[1carcrazyguy]

We almost bought a house (on Arbor Mill) in the area where they are happening. We got 2 weeks from closing and the only thing we were waiting on was the appraisal. The appraisal came back 50k low. The house had a 60x80 shop and the appraiser gave the shop a $20k value. Seller would not come down and we would not go up from appraisal so we walked. We said at the time. "Some things happen for a reason". Now we are glad it did not work out! I just hate it for all those that are affected. It is probably going to take a toll on the homes and property values.

[Country cracker]

Here's to hoping the earth opens up and swallows everybody in that general area. Only then will the bitching stop...

Let's see if you would bitch a little bit if you had 30+ earthquakes in under 3 months time in your town.

[Jewrrick]

I live in Azle and it isn't that big of a deal, it will subside in due time.

This too, shall pass.

[Juiced4v]

I heard Puerto Rico had a 6.4 earthquake this morning...sucks they are happening here locally.