Several additives have been shown to reduce enteric methane emissions from ruminants when supplied in feed. However, utilising this method to deliver such methane-reducing compounds (MRCs) in extensive grazing systems is challenging. Use of livestock drinking water presents a novel method to deliver MRCs to animals in those systems. This work evaluated 13 MRCs for suitability to be deployed in this manner. Compounds were analysed for solubility and stability in aqueous solution using Fourier transform infrared-attenuated total reflectance (FTIR-ATR) spectroscopy. Furthermore, aqueous solutions of MRCs were subjected to variations in temperature and starting pH of water used to assess solubility and stability of the MRCs in simulated water trough conditions, also using FTIR-ATR spectroscopy. In vitro batch culture fermentations were carried out using a medium-quality tropical grass feed substrate, to simulate pastures consumed by cattle in extensive grazing systems. Measurements were made of total gas and methane production, in vitro dry matter digestibility (IVDMD), and volatile fatty acid (VFA) concentration. Of the MRCs tested, 12 were found to be soluble and stable in water using the FTIR method employed, whilst the other could not be measured. Of the 12 soluble and stable MRCs, one containing synthetic tribromomethane (Rumin8 Investigational Veterinary Product) reduced methane production by 99% (p = 0.001) when delivered aqueously in vitro, without a reduction in IVDMD (p = 0.751), with a shift towards decreased acetate and increased propionate production and decreased total VFA production (p < 0.001). Other compounds investigated also appeared suitable, and the methods developed in this study could be used to guide future research in the area.