Probably from pegnumi (through the idea of gushing plumply); a fount (literally or figuratively), i.e. Source or supply (of water, blood, enjoyment) (not necessarily the original spring) -- fountain, well.
see GREEK pegnumi
πηγαὶ (pēgai) − 1 Occurrence
πηγὰς (pēgas) − 4 Occurrences
πηγὴ (pēgē) − 5 Occurrences
πηγῆς (pēgēs) − 1 Occurrence