CARLSBAD, N.M. – With a scant agriculture water supply because of the prolonged drought, some farmers in Eddy County with supplemental wells are keeping bill collectors at bay by selling their water to the booming oil and gas industry. The industry needs the water for hydraulic fracturing, known as fracking, the drilling technique that has been used for decades to blast huge volumes of water, fine sands and chemicals into the ground to crack open valuable shale formations.
Read more...Farmers sell water to energy developers
Outlet: The Durango Herald
June 29, 2013