Terry Ranch Project – Critical Water Supply and Storage Solution
Project Highlights
- A natural 1.2M acre-foot reservoir located in close proximity to Front Range communities (see map below)
- Utilization of Aquifer Storage and Recovery technology, saving costly evaporative losses of water supplies
- Approximately $300 million in evaporative loss savings when compared to planned surface reservoir projects
- Fraction of the investment required for large scale surface reservoir projects
- Long term drought supplies – Represents 100 years of reliable drought supplies
- Straightforward and timely permitting – surface reservoir projects often take years or decades to obtain the environmental and construction permits required and can be denied after many years and great expense
- Helps fund Colorado public schools through a partnership with the Colorado State Land Board, an agency that provides funding for public schools. The Terry Ranch project represents an opportunity to provide substantial financial resources that will benefit public schools
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Project History
- 2013 – Original Non-Tributary Water Decree issued
- 2017 – Wingfoot Water Resources initiates a drilling program for six exploratory boreholes to further characterize the ground water resource and provide scientific evidence for expansion of the original decree
- 2018 – Final Determination of Water Right issued, accompanied by a 77% increase in available ground water
- 2019 – Wingfoot Water Resources initiates a second drilling program for five full production wells, confirming and expanding upon the 2017 aquifer characterization. Full suite of water quality samples are taken from each well, along with step-rate and long term pump tests. CSU partners with Wingfoot to analyze aquifer storage and recovery (ASR) feasibility.
- 2020 – City of Greeley initiates a drilling program with two additional boreholes and an exhaustive due diligence program, the results of which can be found here.
- 2021 – City of Greeley City Council unanimously votes in favor of acquiring the Terry Ranch Project