In October 2014 two moderate‐sized earthquakes (Mw 4.0 and 4.3) struck south of Cushing, Oklahoma, below the largest crude oil storage facility in the world. Combined analysis of the spatial distribution of earthquakes and regional moment tensor focal mechanisms indicate reactivation of a subsurface unnamed and unmapped left‐lateral strike‐slip fault. Coulomb failure stress change calculations using the relocated seismicity and slip distribution determined from regional moment tensors, allow for the possibility that the Wilzetta‐Whitetail fault zone south of Cushing, Oklahoma, could produce a large, damaging earthquake comparable to the 2011 Prague event. Resultant very strong shaking levels (MMI VII) in the epicentral region present the possibility of this potential earthquake causing moderate to heavy damage to national strategic infrastructure and local communities.

The 6 November 2011 Mw 5.7 earthquake near Prague, Oklahoma, is the second largest earthquake ever recorded in the state. A Mw 4.8 foreshock and the Mw 5.7 mainshock triggered a prolific aftershock sequence. Utilizing a subspace detection method, we increase by fivefold the number of precisely located events between 4 November and 5 December 2011. We find that while most aftershock energy is released in the crystalline basement, a significant number of the events occur in the overlying Arbuckle Group, indicating that active Meeker‐Prague faulting extends into the sedimentary zone of wastewater disposal. Although the number of aftershocks in the Arbuckle Group is large, comprising ~40% of the aftershock catalog, the moment contribution of Arbuckle Group earthquakes is much less than 1% of the total aftershock moment budget. Aftershock locations are sparse in patches that experienced large slip during the mainshock.

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The sharp increase in seismicity over a broad region of central Oklahoma has raised concerns regarding the source of the activity and its potential hazard to local communities and energy-industry infrastructure. Efforts to monitor and characterize the earthquake sequences in central Oklahoma are reviewed. Since early 2010, numerous organizations have deployed temporary portable seismic stations in central Oklahoma to record the evolving seismicity. A multiple-event relocation method is applied to produce a catalog of central Oklahoma earthquakes from late 2009 into early 2015. Regional moment tensor (RMT) source parameters were determined for the largest and best-recorded earthquakes. Combining RMT results with relocated seismicity enabled determination of the length, depth, and style of faulting occurring on reactivated subsurface fault systems. It was found that the majority of earthquakes occur on near-vertical, optimally oriented (northeast-southwest and northwest-southeast) strike-slip faults in the shallow crystalline basement. In 2014, 17 earthquakes occurred with magnitudes of 4 or larger. It is suggested that these recently reactivated fault systems pose the greatest potential hazard to the region.