As water is removed from an aquifer, the pressure that water exerts to help hold up the aquifer skeleton is reduced. The reduction in water pressure can cause deformation in the aquifer. Some component of this deformation is recoverable (elastic). However, if the stresses on the aquifer exceed that of what the dewatered material can handle, then the dewatered aquifer/confining layers could undergo permanent compaction, leading to a decreased ability of the aquifer to store water. See USGS Circular 1182 for more information on these concepts.
While the technology exists to implement artificial recharge, either via injection well or infiltration ponds/galleries, this technique requires adequate geochemical conditions and an appropriate recharge source. Once an aquifer system is stressed to the point of compaction, its storage is permanently decreases, reducing its value as a candidate for artificial recharge. For more information on artificial recharge, see the USGS website.