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 - Mar 2026
Total Oil Production1,380,910 BBLs
Total Gas Production3,333,458 MCF
Recent Oil Production3,615 BBLs in Mar 2026
Recent Gas Production12,430 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Virgo 24 23 B2

ShaleAssessment™

Not Available

MarketMultiple™

$489,634 **

* 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 Mar 2026

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, NM14,681 BBLs57,351 MCFMar 2026
Benson Shugart Waterflood UnitEddy County, NM524 BBLs57 MCFMar 2026
Canadian KenwoodEddy County, NM0 BBLs0 MCFNov 1999
Corona 25 26 Federal ComEddy County, NM27,402 BBLs117,540 MCFMar 2026
Creek Al FederalEddy County, NM115 BBLs0 MCFMar 2026
Flying Squirrel FederalEddy County, NM1,464 BBLs1,410 MCFMar 2026
KenwoodEddy County, NM0 BBLs0 MCFApr 2020
Knox 13 14 B2Eddy County, NM11,939 BBLs48,345 MCFMar 2026
Local Legend 18 17Eddy County, NM17,439 BBLs49,659 MCFMar 2026
Long John 29 30 Federal ComEddy County, NM13,408 BBLs43,843 MCFMar 2026
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
Oxy XIca FederalEddy County, NM0 BBLs166 MCFMar 2026
Roche FederalEddy County, NM0 BBLs227 MCFMar 2026
Sandbox 12 11 B2Eddy County, NM18,044 BBLs63,479 MCFMar 2026
Shaula 30 Federal ComEddy County, NM592 BBLs1,857 MCFMar 2026
ShugartEddy County, NM448 BBLs3,489 MCFMar 2026
Shugart 18 Queen UnitEddy County, NM0 BBLs0 MCFAug 1996
Shugart WestEddy County, NM515 BBLs1,468 MCFMar 2026
Silver 29 28 Federal ComEddy County, NM8,353 BBLs18,071 MCFMar 2026
West ShugartEddy County, NM1,777 BBLs3,310 MCFMar 2026

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
Coterra Energy Operating Co.
Devon Energy Production Co
Devon Energy Production Company, L.P.
EOG Resources Inc
EOG Y Resources Inc
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
NSP Resources, LLC
Oso Perdido Services 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