A magnitude 8.2 earthquake struck off Chile on April 1, 2014 at 23:46:46 UTC, according to the U.S. Geological Survey.
The following is information from the USGS event page on this earthquake.
The April 1 earthquake occurred in a region of historic seismic quiescence — termed the northern Chile or Iquique seismic gap. Historical records indicate a M 8.8 earthquake occurred within the Iquique gap in 1877, which was preceded immediately to the north by an M 8.8 earthquake in 1868.
A recent increase in seismicity rates has occurred in the vicinity of the April 1 earthquake. An M6.7 earthquake with similar faulting mechanism occurred on March 16, 2014 and was followed by 60+ earthquake of M4+, and 26 earthquakes of M5+. The March 16 earthquake was also followed by three M6.2 events on March 17, March 22, and March 23. The spatial distribution of seismicity following the March 16 event migrated spatially to the north through time, starting near 20oS and moving to ~19.5oS. The initial location of the April 1 earthquake places the event near the northern end of this seismic sequence. Other recent large plate boundary ruptures bound the possible rupture area of the April 1 event, including the 2001 M 8.4 Peru earthquake adjacent to the south coast of Peru to the north, and the 2007 M 7.7 Tocopilla, Chile and 1995 M 8.1 Antofagasta, Chile earthquakes to the south. Other nearby events along the plate boundary interface include an M 7.4 in 1967 as well as an M 7.7 in 2005 in the deeper portion of the subduction zone beneath inland Chile.
Seismotectonics of South America (Nazca Plate Region)
Large intermediate-depth earthquakes (those occurring between depths of approximately 70 and 300 km) are relatively limited in size and spatial extent in South America, and occur within the Nazca plate as a result of internal deformation within the subducting plate. These earthquakes generally cluster beneath northern Chile and southwestern Bolivia, and to a lesser extent beneath northern Peru and southern Ecuador, with depths between 110 and 130 km. Most of these earthquakes occur adjacent to the bend in the coastline between Peru and Chile. The most recent large intermediate-depth earthquake in this region was the 2005 M7.8 Tarapaca, Chile earthquake.
Earthquakes can also be generated to depths greater than 600 km as a result of continued internal deformation of the subducting Nazca plate. Deep-focus earthquakes in South America are not observed from a depth range of approximately 300 to 500 km. Instead, deep earthquakes in this region occur at depths of 500 to 650 km and are concentrated into two zones: one that runs beneath the Peru-Brazil border and another that extends from central Bolivia to central Argentina. These earthquakes generally do not exhibit large magnitudes. An exception to this was the 1994 Bolivian earthquake in northwestern Bolivia. This M8.2 earthquake occurred at a depth of 631 km, which was until recently the largest deep-focus earthquake instrumentally recorded (superseded in May 2013 by a M8.3 earthquake 610 km beneath the Sea of Okhotsk, Russia), and was felt widely throughout South and North America.
Subduction of the Nazca plate is geometrically complex and impacts the geology and seismicity of the western edge of South America. The intermediate-depth regions of the subducting Nazca plate can be segmented into five sections based on their angle of subduction beneath the South America plate. Three segments are characterized by steeply dipping subduction; the other two by near-horizontal subduction. The Nazca plate beneath northern Ecuador, southern Peru to northern Chile, and southern Chile descend into the mantle at angles of 25° to 30°. In contrast, the slab beneath southern Ecuador to central Peru, and under central Chile, is subducting at a shallow angle of approximately 10° or less. In these regions of “flat-slab” subduction, the Nazca plate moves horizontally for several hundred kilometers before continuing its descent into the mantle, and is shadowed by an extended zone of crustal seismicity in the overlying South America plate. Although the South America plate exhibits a chain of active volcanism resulting from the subduction and partial melting of the Nazca oceanic lithosphere along most of the arc, these regions of inferred shallow subduction correlate with an absence of volcanic activity.
Note : The above story is based on materials provided by U.S. Geological Survey.