This morning there was an earthquake swarm in SISZ. This earthquake swarm was located just south of Hveragerði and Selfoss town. The largest earthquake in this earthquake swarm had the magnitude of ML1.3. Most of the other earthquake where less the magnitude 1.0 in size. Focal depth for this earthquake swarm was 5 to 6 km. Total of 30 or so earthquakes where recorded in this earthquake swarm. This earthquake swarm is in continued activity in this area. But SISZ often has frequent smaller earthquake swarms.
The area of earthquake activity in SISZ this morning (31.07.2012). Copyright of this image belongs to Iceland Meteorological Office.
This doesn’t mean anything special. But SISZ (South Icelandic Seismic Zone) is always at risk having large earthquakes. But based on how short it was since last one took place (May 2008). It is unlikely that is going to happen now.