Smith Reservoir, located in Bonanza, Oregon, is a privately owned water resource managed primarily for irrigation purposes. The reservoir, completed in 1970, has a dam height of 19 feet and a storage capacity of 920 acre-feet. Fed by multiple rivers and streams including Dobe, Pine, L. Pine, and Rat Creek, Smith Reservoir covers a surface area of 99.4 acres and serves as a vital water source for agricultural activities in the Klamath County area.

Despite its low hazard potential and not being rated for condition assessment, Smith Reservoir is regulated by the Oregon Water Resources Department, with regular inspections conducted to ensure its structural integrity and compliance with state regulations. The reservoir's outlet gates consist of a slide (sluice gate) for water release, and it is situated within the San Francisco District of the US Army Corps of Engineers. The surrounding area, represented by Congressman Greg Walden, benefits from the reliable water supply provided by Smith Reservoir for irrigation needs.

Enthusiasts interested in water resource management and climate resilience in the Klamath, Oregon region can appreciate the significance of Smith Reservoir as a vital component of the local water infrastructure. With its strategic location and capacity to store and release water for irrigation purposes, Smith Reservoir plays a crucial role in supporting agricultural activities and ensuring water security in the area. As climate change impacts water availability, reservoirs like Smith will be essential for managing and optimizing water resources for sustainable development and resilience in the face of environmental challenges.