Quote:
Originally Posted by Bigtime
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Quote:
Originally Posted by FLAMESRULE
That EOR project isn't in operation yet, the pipeline isn't finished. I think they got financing Q3 2018 and it shouldn't be finished until end of 2019.
Highly doubt it has anything to do with Enhance or their CO2 flood.
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Quote:
Originally Posted by Terradude
The GSC website has this at an approximate depth of 1 km. In that area, it would be well above the target injection site. I have an inkling that this may be an "induced seismic event" but that the injected fluids may have released a fault shallower than the targeted strata.
If true, this may be one of the larger "induced seismic events" in Canada, similar in magnitude one in NE BC in Aug. 17, 2015. A 4.6 earthquake is usually not very impactful but people certainly notice them. The relatively shallow depth of the epicentre would make this even more noticeable. I'm sure that there will be a lot of scrutiny of this for some time.
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Looks like it was centred SW or Red Deer, that Clive project is NE of the city if I am not mistaken so highly unlikely the two are related. I agree, the 1km depth is pretty shallow and most wells in this part of Alberta do target deeper formations. I agree with Terradude's initial assessment.