BUDGET AREA...........     CARLSBAD BASIN, EDDY COUNTY, 2001.
FARM SIZE..................200 ACRES
IRRIGATION TYPE.......     FLOOD
NUMBER OF CROPS.......     6
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                                                 WATER USE
                                               --------------
                                    LAND USE  AC. IN.  TOTAL
ACREAGE SUMMARY:                    (ACRES)   PER ACRE AC. IN.
---------------------------------------------------------------
         ALFALFA ESTABLISHMENT *       25.00        8      200
         ALFALFA                      100.00       48    4,800
         BARLEY                         4.25       20       85
           ARP                          0.00
           FLEX IN PICKER COTTON        0.75       22       17
         PICKER COTTON                 51.00       22    1,122
           ARP                          0.00
           FLEX IN PICKER COTTON        9.00       22      198
         STRIPPER COTTON                0.00        0        0
           ARP                          0.00
           FLEX                         0.00                 0
         SUDAN                         10.00       24      240
         RED CHILE                      5.00       48      240
         ROADS, DITCHES, BORDERS,
         HOMESTEAD                     20.00
                                        ----              ----
                           TOTAL      200.00             6,902
 
         ACRE FEET PER ACRE OF WATER RIGHTS               2.88
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*  DOUBLE-CROPPED