On 25 February IMO reported that seismic activity at Reykjanes, in an area N of the town of Grindavík, had significantly decreased during the previous few days, and inflation was not detected in GPS and InSAR data. The Aviation Color Code was lowered to Green. Preliminary data suggested a small deflation signal beginning mid-February, though further analysis was needed for confirmation. The report warned the public not to explore lava tubes in the Eldvörp area as gas measurements showed a dangerous level of oxygen depletion; there are no pre-unrest measurements existing for comparison.

Geological Summary. The Reykjanes volcanic system at the SW tip of the Reykjanes Peninsula, where the Mid-Atlantic Ridge rises above sea level, comprises a broad area of postglacial basaltic crater rows and small shield volcanoes. The submarine Reykjaneshryggur volcanic system is contiguous with and is considered part of the Reykjanes volcanic system, which is the westernmost of a series of four closely-spaced en-echelon fissure systems that extend diagonally across the Reykjanes Peninsula. Most of the subaerial part of the system (also known as the Reykjanes/Svartsengi volcanic system) is covered by Holocene lavas. Subaerial eruptions have occurred in historical time during the 13th century at several locations on the NE-SW-trending fissure system, and numerous submarine eruptions dating back to the 12th century have been observed during historical time, some of which have formed ephemeral islands. Basaltic rocks of probable Holocene age have been recovered during dredging operations, and tephra deposits from earlier Holocene eruptions are preserved on the nearby Reykjanes Peninsula.

Source: Icelandic Meteorological Office (IMO)