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 - Jun 2025
Total Oil Production1,347,721 BBLs
Total Gas Production3,187,079 MCF
Recent Oil Production5,072 BBLs in Jun 2025
Recent Gas Production20,822 MCF in Jun 2025
Wells on Property3

Our Valuation Estimates for Virgo 24 23 B2

ShaleAssessment™

Not Available

MarketMultiple™

$425,527 **

* 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 Jun 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, NM23,095 BBLs79,406 MCFJun 2025
Benson Shugart Waterflood UnitEddy County, NM414 BBLs0 MCFJun 2025
Canadian KenwoodEddy County, NM0 BBLs0 MCFNov 1999
Corona 25 26 Federal ComEddy County, NM47,567 BBLs146,023 MCFJun 2025
Creek Al FederalEddy County, NM250 BBLs88 MCFJun 2025
KenwoodEddy County, NM0 BBLs0 MCFApr 2020
Knox 13 14 B2Eddy County, NM11,041 BBLs37,444 MCFJun 2025
Local Legend 18 17Eddy County, NM23,002 BBLs64,417 MCFJun 2025
Long John 29 30 Federal ComEddy County, NM32,237 BBLs74,741 MCFJun 2025
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
Oxy XIca FederalEddy County, NM0 BBLs235 MCFJun 2025
Roche FederalEddy County, NM185 BBLs1,529 MCFJun 2025
Sand 7 FederalEddy County, NM178 BBLs1,235 MCFJun 2025
Sandbox 12 11 B2Eddy County, NM37,262 BBLs76,617 MCFJun 2025
Shaula 30 Federal ComEddy County, NM267 BBLs665 MCFJun 2025
ShugartEddy County, NM5 BBLs1,280 MCFJun 2025
Shugart 18 Queen UnitEddy County, NM0 BBLs0 MCFAug 1996
Shugart WestEddy County, NM215 BBLs562 MCFJun 2025
Silver 29 28 Federal ComEddy County, NM20,630 BBLs33,452 MCFJun 2025
West ShugartEddy County, NM1,371 BBLs2,421 MCFJun 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