Maybe this is intentional diversion. But for what? I can only conceive of irrigation being the answer (but please call out other reasons). If it is just irrigation "intentionally" causing the river to run dry, that seems....really bad.
Given Cochiti Lake's low level, it won't be long before you can't irrigate those crops, so even the "use" of the water will be wasted. (Perhaps the worst outcome would be to intentionally divert the water to grow crops, but to run out of water before the crops grow fully. Then you've wasted the water and gotten nothing for it.)
[1] https://waterdata.usgs.gov/nm/nwis/uv?site_no=08330000 [2] https://waterdata.usgs.gov/nm/nwis/uv/?site_no=08317300&PARA... [3] https://waterdata.usgs.gov/usa/nwis/uv?08317400