I agree with that method but I don't think there's going to be enough depth available for a pipe thread tap so I would probably stick with straight threads... the problem with there being a few in the same spot is there's likely a pocket that is about to pop out... dumb thing about fine thread fasteners is they're usually hard which you might not want... considering the material of the block is likely 1/4" or less I would be tempted to just go 1/4-20 with the cheapest bolts or screws you find (IE soft, even brass...) and tap shallow so it would act like a pipe plug, could even use JB weld as thread sealant or just get proper pipe dope/thread sealant (not thread tape, avoid that...)
I've been to that area of Nebraska, I know for a FACT there's bound to be some farmer that can help

. Unfortunately my days of being familiar with that area were 10 years ago so am not as friendly with the irrigation guys in Hastings or Karney as I was...