Water | Aquifers
Recognizing the Benefits of Aquifers
A comprehensive Texas water supply strategy needs to include the long-term use of groundwater.
Today, groundwater is available from existing underground aquifers that are continually being replenished from rain, and unlike surface water, aquifers do not run off or evaporate. Groundwater can be withdrawn on a long-term basis, and utilizing water from nearby aquifers is an efficient and cost-effective water supply solution. The use of groundwater, when combined with surface water sources, optimizes yield and enhances the value of existing supplies, diversifies a region's water supply, and helps to preserve the environment. Extensive study demonstrates that this is a sustainable and balanced approach that benefits water providers, residents and businesses, and the local community.
Forestar has an interest in nearly 1.5 million acres of groundwater rights, including a 45% royalty interest in commercial production from nearly 1.4 million acres of groundwater, principally located in East Texas over the Carrizo-Wilcox and Gulf Coast aquifers. In addition, we own approximately 20,000 acres of groundwater leases in Central Texas principally over the Simsboro aquifer.
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Our Water Interests
Forestar holds approximately 20,000 acres of groundwater leases in Central Texas and has an interest in nearly 1.5 million acres of groundwater rights, including a 45% royalty interest in commercial production from nearly 1.4 million acres of groundwater in East Texas.
Central Texas Aquifers
Forestar holds approximately 20,000 acres of groundwater leases in Lee County, Texas. The groundwater is located within the Simsboro aquifer. The Simsboro aquifer is prolific and can provide a long-term supply of high-quality water.
East Texas Aquifers
Forestar has royalty interests in commercial production from over 1,000,000 acres of groundwater in East Texas, principally through a 45% non-participating royalty interest. The groundwater is located in the Carrizo-Wilcox aquifer and in the Gulf Coast. Both aquifers can provide a long-term, high quality water resource.
