Five Springs No. 2 is a privately owned earth dam located on Five Springs Creek in Big Horn, Wyoming. Built in 1970 for irrigation purposes, this dam stands at a height of 32 feet and has a storage capacity of 133 acre-feet. Despite its low hazard potential, the dam's condition assessment is rated as poor, indicating a need for maintenance and repairs to ensure its continued safety and functionality.

The dam features an uncontrolled spillway with a width of 10 feet and an outlet gate with a single valve. Although the risk assessment for this structure is moderate, with a rating of 3, there are no documented emergency action plans or inundation maps prepared for potential incidents. The last inspection in September 2020 highlighted the dam's poor condition, emphasizing the importance of regular maintenance and monitoring to prevent any safety concerns for downstream communities or the surrounding environment.

As a significant part of the local water resource infrastructure, Five Springs No. 2 serves as a vital component for agricultural irrigation in the area. With its location in the Omaha District and under the regulatory oversight of the Wyoming State Engineer's Office, continued attention and investment in the maintenance and safety of this dam are crucial to ensure its ability to support the water needs of the community while minimizing any potential risks associated with its operation.