The City of Pecos could make a big splash in revenue by selling billions of gallons of water out in Ward County.
“It’s a lot of water, it’s a firm yield of 2 and a half billion gallons a day, a huge amount, huge quantity, more than we could ever use,” Pecos City Manager Eric Honeyfield said.
It’s a water well that sits in Ward County, but is owned by the City of Pecos.
“It is right now a backup well field that we use, the pumps are all in good shape, we use it on a daily basis, just not very much,” Honeyfield said.
The well is about 25 miles southeast of town and Pecos City Manager Eric Honeyfield says it hasn’t been used much in the past decade. That’s why he’s putting a proposal on the table.
Honeyfield suggests selling the water for 25 cents a barrel, and using the money to develop and expand the city’s current well field.
“We’d be kind of trading money, using the revenue from a resource that’s underutilized and plow it into something we should be using more of,” Honeyfield said.
With the extra dough, they plan to drill four new wells at $2 million.
The current well is in a remote area about 10 miles outside of the city, but much closer to town.
You’ll find huge blending tanks with a capacity of more than three million gallons a day. The well also has great tasting water and a new pipeline, compared to the older well in Ward County.
Honeyfield tells me it’s still marketable and something that could benefit the city.
“It’s got firm yield, an established track record,” Honeyfield said.
Council plans to vote on the proposal on Thursday.
(Information from YourBasin.com)
