Virgo 24 23 B2

Oil & Gas Property in Eddy County, NM

  2. New Mexico
  3. Eddy County, NM
  4. Oil & Gas Properties in Eddy County, NM
  5. Virgo 24 23 B2 Oil & Gas Property

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Property Summary

Key data points for Virgo 24 23 B2

CountyEddy County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesOct 2018 - Jul 2025
Total Oil Production1,351,973 BBLs
Total Gas Production3,207,935 MCF
Recent Oil Production4,252 BBLs in Jul 2025
Recent Gas Production20,856 MCF in Jul 2025
Wells on Property3

Our Valuation Estimates for Virgo 24 23 B2

ShaleAssessment™

Not Available

MarketMultiple™

$452,633 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Virgo 24 23 B2 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Virgo 24 23 B2
from Oct 2018 to Jul 2025

Wells on Virgo 24 23 B2

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-44579VIRGO 24 23 B2AD FEDERAL COM 001HMEWBOURNE OIL COActiveEddy County, NM32.738922-103.917490
30-015-44655VIRGO 24 23 B2HE FEDERAL COM 001HMEWBOURNE OIL COActiveEddy County, NM32.735075-103.917493
30-015-45170VIRGO 24 23 B2IL FEDERAL COM 001HMEWBOURNE OIL CONewEddy County, NM32.734663-103.917558

Leases included in Virgo 24 23 B2

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320081VIRGO 24 23 B2AD FEDERAL COMMEWBOURNE OIL COEddy County, NM
320691VIRGO 24 23 B2HE FEDERAL COMMEWBOURNE OIL COEddy County, NM
322244VIRGO 24 23 B2IL FEDERAL COMMEWBOURNE OIL COEddy County, NM

Nearby Properties

These are the closest 20 properties to the Virgo 24 23 B2 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barrel Crusher 19 20Eddy County, NM19,155 BBLs3,710 MCFJul 2025
Benson Shugart Waterflood UnitEddy County, NM362 BBLs0 MCFJul 2025
Canadian KenwoodEddy County, NM0 BBLs0 MCFNov 1999
Corona 25 26 Federal ComEddy County, NM46,714 BBLs25,490 MCFJul 2025
Creek Al FederalEddy County, NM271 BBLs37 MCFJul 2025
KenwoodEddy County, NM0 BBLs0 MCFApr 2020
Knox 13 14 B2Eddy County, NM13,120 BBLs47,075 MCFJul 2025
Local Legend 18 17Eddy County, NM23,749 BBLs26,510 MCFJul 2025
Long John 29 30 Federal ComEddy County, NM23,893 BBLs56,683 MCFJul 2025
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
Oxy XIca FederalEddy County, NM0 BBLs236 MCFJul 2025
Roche FederalEddy County, NM218 BBLs1,988 MCFAug 2025
Sand 7 FederalEddy County, NM96 BBLs1,195 MCFAug 2025
Sandbox 12 11 B2Eddy County, NM33,486 BBLs29,144 MCFJul 2025
Shaula 30 Federal ComEddy County, NM941 BBLs1,819 MCFAug 2025
ShugartEddy County, NM20 BBLs1,006 MCFJul 2025
Shugart 18 Queen UnitEddy County, NM0 BBLs0 MCFAug 1996
Shugart WestEddy County, NM232 BBLs484 MCFJul 2025
Silver 29 28 Federal ComEddy County, NM16,406 BBLs25,679 MCFJul 2025
West ShugartEddy County, NM1,563 BBLs2,757 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Virgo 24 23 B2 property.

Company Name
Chesapeake Operating, Inc.
Chevron USA Inc
Chi Operating, Inc.
Cimarex Energy Co. Of Colorado
Colgate Operating, LLC
Devon Energy Production Co
Devon Energy Production Company LP
EOG Resources, Inc.
EOG Y Resources Inc
Jack D Knox
JKM Energy, LLC
KCS Resources LLC
LLJ Ventures, LLC Dba Marker Oil & Gas
Mack Energy Corporation
Manzano Oil Corporation
Marathon Oil Permian LLC
Mewbourne Oil Company
Oso Perdido Services LLC
Permian Resources Operating, LLC
Xeric Oil & Gas Corporation

Frac'ing activity on Virgo 24 23 B2

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
30-015-44579Virgo 24-23 B2AD Fed Com 1H
30-015-44655VIRGO 24/23 B2HE FED COM 1H