At 22:41 UTC a magnitude 3,3 earthquake took place 6 km north of an area called Gjögurtá. This earthquake had a magnitude of 3,3 and was followed by several smaller earthquakes. Activity seems to be ongoing at the moment.
The earthquake 6 km north of Gjögurtá in Tjörnes Fracture Zone. Copyright of this image belongs to Icelandic Met Office.
Earthquake activity is common in this part of Iceland. There are no active volcanoes in this area and no known volcanism in this exact area.