We examined water level data at the Rongchang (RC) well in the Rongchang natural gas field in China's Sichuan Basin from November 2007 through 2019, where injection-induced seismicity with a magnitude of up to 5.2 has been reported. Coseismic water level changes caused by earthquakes from 3 km to 3500 km away, as well as changes in water temperature, provide a good opportunity to systematically study the mechanisms underlying the response of water level to earthquakes. Among 41 ML ≥ 3.0 local earthquakes, 20 events exceeded the magnitude-distance threshold for the water level to change. Eleven events caused water levels to rise, and only one earthquake led to a decrease in water level. For the 22 distant earthquakes with a seismic energy density greater than the threshold of 0.0017 J/m3, ten events caused rises in the water level and only the MW 7.9 Wenchuan Earthquake caused a temporary, but large, decrease in water level. In total, eight local events and 11 distant events, which were expected to cause coseismic water level changes, actually resulted in no changes. The findings imply that an earlier sizable earthquake may decrease the sensitivity of the well for a certain period of time (approximately two months). The dominant mechanisms of coseismic water level changes in response to near-, mid-, and far-field earthquakes are different. For near-field earthquakes, the drop in coseismic water level is governed by the combined effects of static strain changes and the release of trapped gas bubbles due to the strong vibration of seismic waves in the aquifer; however, only static strain changes are dominant after mid-field earthquakes. For far-field earthquakes, the dominant mechanism is aquifer softening due to growth of gas bubbles in the groundwater that is associated with weak and low frequency seismic shaking of passing surface waves.