Regarding the flowing waters in Louisiana, the legal question of who owns that water is pretty clear--the state does. What is less clear is where those flowing waters begin...how far into the head waters.
If you're interested in hearing more about the legal status of water you can listen to this interview with the Director of the Sabine River Authority, Jim Pratt, and a legal expert on water from the law firm of Wiener Weiss and Madison in Shreveport (Cliffe Laborde).
The Sabine River Authority has sold approximately 1000 acre-feet of water last year from the Toledo Bend Project for frac purposes. It intends to sell more as well as create a formal permitting process for the sale of water from the major streams and tributaries that flow throughout the Sabine watershed. I hope to do another teleconference on this evolving issue on the near future.
Jack Blake camps at Grand Bayou Resort in Coushatta. Jack was told by someone involved with Grand Bayou reservoir authority that they made 400k from selling water to the oil companies for frac jobs, but due to low level in the reservoir that they quit selling water to the oil companies.