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 - Dec 2025
Total Oil Production1,373,155 BBLs
Total Gas Production3,299,361 MCF
Recent Oil Production3,351 BBLs in Dec 2025
Recent Gas Production16,167 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Virgo 24 23 B2

ShaleAssessment™

Not Available

MarketMultiple™

$567,794 **

* 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 Dec 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, NM15,390 BBLs52,508 MCFDec 2025
Benson Shugart Waterflood UnitEddy County, NM752 BBLs0 MCFDec 2025
Canadian KenwoodEddy County, NM0 BBLs0 MCFNov 1999
Corona 25 26 Federal ComEddy County, NM33,190 BBLs134,854 MCFDec 2025
Creek Al FederalEddy County, NM274 BBLs12 MCFDec 2025
KenwoodEddy County, NM0 BBLs0 MCFApr 2020
Knox 13 14 B2Eddy County, NM12,613 BBLs45,530 MCFDec 2025
Local Legend 18 17Eddy County, NM17,446 BBLs56,224 MCFDec 2025
Long John 29 30 Federal ComEddy County, NM15,925 BBLs46,050 MCFDec 2025
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
Oxy XIca FederalEddy County, NM0 BBLs0 MCFAug 2025
Roche FederalEddy County, NM0 BBLs786 MCFDec 2025
Sand 7 FederalEddy County, NM112 BBLs1,619 MCFDec 2025
Sandbox 12 11 B2Eddy County, NM21,324 BBLs66,047 MCFDec 2025
Shaula 30 Federal ComEddy County, NM894 BBLs1,844 MCFDec 2025
ShugartEddy County, NM467 BBLs3,629 MCFDec 2025
Shugart 18 Queen UnitEddy County, NM0 BBLs0 MCFAug 1996
Shugart WestEddy County, NM342 BBLs1,991 MCFDec 2025
Silver 29 28 Federal ComEddy County, NM10,303 BBLs20,586 MCFDec 2025
West ShugartEddy County, NM1,838 BBLs3,252 MCFDec 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
Coterra Energy Operating Co.
Devon Energy Production Co
Devon Energy Production Company, L.P.
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
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