Frost No. 2 is a privately owned irrigation dam located in Cody, Wyoming, along the Green Creek. Built in 1956, this earth dam stands at 14 feet high and has a storage capacity of 104 acre-feet. Despite its low hazard potential, the dam is currently in poor condition as of the last inspection in June 2019.

The dam features a valve outlet gate and an uncontrolled spillway with a width of 30 feet. Its primary purpose is irrigation, serving the agricultural needs of the surrounding area. The dam is regulated by the Wyoming State Engineer's Office and undergoes regular inspections, with a 5-year inspection frequency.

Although Frost No. 2 poses a moderate risk due to its poor condition, there are no emergency action plans in place as of the latest data update in March 2022. Water resource and climate enthusiasts may find interest in monitoring the maintenance and management of this dam to ensure its continued safety and functionality for irrigation purposes in the region.