Herd Company Lagoon 1 Dam, located in Wheeler, Nebraska, is a privately owned earth dam constructed in 2007 on TR-Beaver Creek. With a height of 16.9 feet and a storage capacity of 129.9 acre-feet, this dam serves a primary purpose of "Other" and is regulated by the Nebraska Department of Natural Resources. The dam's condition is assessed as satisfactory, with a low hazard potential, making it a stable structure for water management in the area.

The dam's design includes a stone core and a soil foundation, contributing to its overall structural integrity. The dam's normal storage capacity is 52.4 acre-feet, with a surface area of 7.5 acres. It is inspected every 10 years, with the last assessment conducted in June 2017. Despite its low hazard potential, the dam is well-maintained and meets regulatory guidelines, ensuring the safety of the surrounding community and environment.

Herd Company Lagoon 1 Dam plays a crucial role in water resource management in Nebraska, providing storage and regulation of water flow in the area. With its satisfactory condition and low hazard potential, this dam exemplifies responsible dam construction and maintenance practices, essential for sustainable water management in the face of changing climate conditions.