pt5 Augustin Plains Ranch (water prices triple)

e: ... water prices triple ... selling by the barrel ... wanting a pipeline ...
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[local story]
New Mexico's oil and gas boom driving water sales amid drought
jun 19 2013

... a water-right holder with a supplemental well ...
... change the purpose of use from agriculture [or ranching] to commercial...
... transferring the right from one location [san augustin plains] to another [rio grande; or Interstate Stream Commission].

... when he [local farmer from Black River] started selling water commercially seven years ago, the going rate was 25 cents a barrel ... A barrel of water equals 42 gallons.

"The city of Carlsbad ... raised its commercial rate [from $1]  to $3 a barrel ...

"They can do a temporary or permanent move [transferring the water rights].But they have to go through the process with the State Engineer's Office," he said [New Mexico Interstate Stream Commissioner Jim Wilcox].

[Jim] Davis [local farmer from Black River] alleges that some well owners are finding ways to apply for a commercial permit that allows them to pump up to 9 acre-feet for the year ...

... more than a dozen water well owners are seeking compensation from the state after their wells dried up. They claim that the New Mexico Interstate Stream Commission's augmentation wells nearby are the cause of the dry wells.

The state built the augmentation wells under a settlement agreement ...which pump into the Pecos River ...

http://www.currentargus.com/ci_23488528/new-mexicos-oil-and-gas-boom-driving-water?source=most_viewed
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e: ... the ranchers of the san augustin plains are each permitted 3 acre-feet of water per year ... (they don't have true water rights unless their wells have been adjudicated) ... their value is ...

... one acre foot ~ 326,000 gallons ... 3 acre feet ~ 1 million gallons ~ 24,000 barrels
... $3 x 24,000 barrels = $72,000/yr ...

... 20 year contract for 3 acre feet at $3/barrel? ... $1.5 million ...
... 300 yr contract for 3 acre feet at $3/barrel? ... $22 million ...
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e:  ... i heard that the augustin plains ranch water project has a proposed water pipeline route through the heart of Magdalena ... and that no strucutres are allowed to be within 300 ft of the pipleline ...

... "a certificate of occupancy is necessary to be able to occupy the structure for everyday use, as well as to be able to sign a contract to sell the space and close on a mortgage for the space" ...

... who in Magdalena wants to cut a deal at a nickle on the dollar? ... there can be only one buyer ...
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[local story]
Town Hall Meeting, Magdalena Senior Center
nov 29, 2012

Augustin Plains Ranch has put forward a proposal for a water project to withdraw 54,000 acre feet per year from under the Augustin Plains, transport it to Socorro by pipeline ...

Mountain Mail Thursday November 29, 2012 Vol. 32, No. 11. (pg 16)
Town Hall Meeting, Magdalena Senior Center (tuesday, 11dec12, 6pm-8pm)
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e: ... 54,000 acre feet ~ 18 billion gallons ~ 429 million barrels ...

... (current price) $3 barrel ~ $1.3 billion/yr in revenue ...

... ain't no way Magdalena is going to stand in the way of that kind of money ...
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see also:

pt3 Magdalena (certificate of occupancy)
http://adventuresofagreenhorn.blogspot.com/2013/06/pt3-magdalena-certificate-of-occupancy.html

pt2 Magdalena (fines)
http://adventuresofagreenhorn.blogspot.com/2013/06/pt2-magdalena-fines.html

pt1 could Magdalena face Mandatory Evacuation?
http://adventuresofagreenhorn.blogspot.com/2013/06/pt1-could-magdalena-face-mandatory.html

pt4 Augustin Plains Ranch (Magdalena dry)
http://adventuresofagreenhorn.blogspot.com/2013/06/pt4-augustin-plains-ranch-magdalena-dry.html

pt3 Augustin Plains Ranch (Interstate Stream Commission)
http://adventuresofagreenhorn.blogspot.com/2013/05/pt3-augustin-plains-ranch-interstate.html

pt2 san augustin plains (endangered cultural property)
http://adventuresofagreenhorn.blogspot.com/2013/04/pt2-san-augustin-plains-endangered.html

Augustin Plains Ranch (public-private partnership)
http://adventuresofagreenhorn.blogspot.com/2012/12/augustin-plains-ranch-public-private.html