What is this part?

ben's plumbing

some of those regulators can be rebuild ..take off the top there is a diafram ,spring.gasket nut, bolt..looks like its spraying from adjuster nut..may be able to repair it...imo ben sr

VIPlumber

As a side note ,you may want to consider either boxing it in box below grade like one of these,

or bring inside in the crawl space/basement where the water enters the house.

TheEplumber

Minor league- the best kind! We played our rivals tonight. Game ended with a 5 on 5 fight after an empty net goal

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crankycowboy

Thank's VIP and Bens.....and of course eplumber. You guys have all been very helpful. Those valve were actually in a box (actually two separate round ones), I just removed them for access. I will replace after the repair. There are actually two pin holes and they are actually in the body and not the adjustment nut. Any suggestions of where I may find a pressure regulator on a Sunday? I found one at home depot, but the reviews were awful. Thanks again guys!

TheEplumber

I'm afraid you're stuck with stores like HD on the weekend.
Have you operated your shut off valve? Make sure it functions OK. They can fail over time.

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