A transformer ratio bridge might do the job for you.
Take a transformer which has a single winding and an accurately centre tapped winding.
The single winding goes to the detector amplifier.
The centre tap of the other winding goes to the output of an oscillator (say 1000 Hz). Each end of that winding is connected to an admittance to ground. the capacitive part of the admittance is formed by a capacitor to a water bath. The water is connected to ground and also the other output of the oscillator is ground. The capacitor can be formed for example by a piece of single insulated wire of the underground telephone cable type. For your BPO stuff, this is about 350 to 450 pF per meter from memory.
The real part of the admittance is a simple pot with its centre connected to the centre tap, and each end connected to each end of the winding. With the admittances balanced, the nett current in the detector winding is zero. Ideally the detector is phase sensitive and responds only to capacitance unbalance at each side of the winding. As the water level rises and falls, the bridge will move out of balance; the output voltage can be calibrated, or, you decide the capacitance value at the 'out of water' point. Use a chemists measuring cylinder for example and suspend the insulated wire as a loop from top to bottom.
These kind of capacitance bridges are used extensively in the manufacture of single insulated conductor for making multi-pair telephone cable. Generally, the measuring tube is guarded and the active element is 10 to 50 cm long.
You can guard the bridge by using coaxial cable to connect to the known and unknown admittances. The outer conductor of the coaxial cable is connected the output of the oscillator.
Hope this helps.
pr.