Pickens wants Texas agency to nix water plan - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Pickens wants Texas agency to nix water plan

By BETSY BLANEY  / Associated Press

Billionaire oilman T. Boone Pickens wants a state agency to derail a water management plan he claims would take $10 million off the value of his groundwater rights in the Texas Panhandle.

Pickens attorney Marty Jones said Tuesday his client filed a lawsuit last month after the Texas Water Development Board endorsed a plan that the suit claims will take as many as 18,000 acre feet of water annually from the Ogallala Aquifer.

The lawsuit says the combined plans of three groundwater districts in the management area will devalue Mesa Water L.P.'s rights and those of a nearby rancher.

Pickens wants the water board to declare the plan unreasonable, which would force groundwater districts to revise their proposals.

Powered by Frankly