Parsons, also known as Carter Creek Reservoir, is a privately owned water resource located in Grand County, Colorado. Built in 1952, this earth dam stands at 30 feet high and serves primarily for irrigation purposes, with a storage capacity of 140 acre-feet. The reservoir covers an area of 8 acres and has a drainage area of 4 square miles, with a maximum discharge of 203 cubic feet per second.

Managed by the Colorado Department of Water Resources, Parsons has been deemed to have a low hazard potential and fair condition assessment. With regular inspections every 6 years, the dam has a moderate risk assessment rating. Situated in the town of Kremmling along the Carter Creek, Parsons plays a crucial role in providing water for irrigation, fire protection, stock, and small fish ponds in the area. Despite its age, Parsons continues to be an important asset for water management in the region, contributing to the overall sustainability of water resources in Colorado.