Talbot Dam, located in Sheridan, Nebraska, is a privately owned structure primarily used for fire protection, stock, and small fish pond purposes. Completed in 1960, this earth dam stands at a height of 24 feet with a length of 550 feet, providing storage of 124.7 acre-feet of water. Situated on TR-White Clay Creek, the dam serves as a vital resource for the surrounding area, with a drainage area of 4.05 square miles and a surface area of 11.3 acres.

Managed by the Nebraska Department of Natural Resources, Talbot Dam is regulated, inspected, and enforced by state authorities to ensure its safety and functionality. Despite being classified as low hazard potential, the dam's condition assessment remains unrated as of the last inspection in August 2019. With an inspection frequency of every five years, efforts are made to maintain and monitor the structure to mitigate any potential risks and ensure its reliability for the community.

While Talbot Dam does not have an Emergency Action Plan (EAP) in place, the structure meets state guidelines and is continuously assessed for any necessary risk management measures. As a crucial component of the area's water resource infrastructure, Talbot Dam plays a vital role in providing essential services for fire protection and livestock, highlighting the importance of proper maintenance and oversight to safeguard against potential hazards and ensure its continued effectiveness.