Wednesday, August 5, 2026
New study blames some Permian Basin earthquakes on fracking - oil and gas 360

New study blames some Permian Basin earthquakes on fracking

Source: Houston Chronicle A new study from the University of Texas at Austin is blaming hydraulic fracturing activity on some earthquakes in the Permian Basin of West Texas. In a study released Tuesday afternoon, scientists with the TexNet Seismic Monitoring Program reported that some earthquakes in Reeves, Pecos and Culberson counties may be caused by hydraulic fracturing, a process of injecting water,

Mike Wood departs PetroShale - oil and gas 360

Mike Wood departs PetroShale

PetroShale Announces Management Change Mike Wood, President and CEO, has advised PetroShale’s Board of Directors that he will be leaving the Company effective immediately to pursue other opportunities. David Rain has been appointed interim CEO while the Company undertakes a search for a permanent replacement.   Mr. Rain is currently a Director of PetroShale and served as the Company’s Chief Financial Officer