Wash apricots under cold running water; drain. To peel apricots, blanch in boiling water 30-60 seconds. Immediately transfer to cold water. Cut off peel, cut apricot in half lengthwise and remove pits and fibrous flesh. Combine apricots and water in a large stainless steel saucepan. Bring to a boil over medium-high heat. Reduce heat and boil gently, stirring occasionally, until apricots are soft, about 20 minutes.