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 - May 2026
Total Oil Production1,385,046 BBLs
Total Gas Production3,352,571 MCF
Recent Oil Production3,085 BBLs in May 2026
Recent Gas Production16,219 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Virgo 24 23 B2

ShaleAssessment™

Not Available

MarketMultiple™

$472,676 **

* 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 May 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, NM13,532 BBLs52,160 MCFMay 2026
Benson Shugart Waterflood UnitEddy County, NM469 BBLs0 MCFMay 2026
Canadian KenwoodEddy County, NM0 BBLs0 MCFNov 1999
Corona 25 26 Federal ComEddy County, NM27,988 BBLs111,727 MCFMay 2026
Creek Al FederalEddy County, NM338 BBLs23 MCFMay 2026
KenwoodEddy County, NM0 BBLs0 MCFApr 2020
Knox 13 14 B2Eddy County, NM11,568 BBLs51,854 MCFMay 2026
Local Legend 18 17Eddy County, NM13,885 BBLs38,268 MCFMay 2026
Long John 29 30 Federal ComEddy County, NM11,488 BBLs40,850 MCFMay 2026
Lucia BrookesEddy County, NM0 BBLs0 MCFDec 2023
Oxy XIca FederalEddy County, NM0 BBLs251 MCFMay 2026
Roche FederalEddy County, NM0 BBLs754 MCFMay 2026
Sand 7 FederalEddy County, NM187 BBLs2,163 MCFMay 2026
Sandbox 12 11 B2Eddy County, NM15,785 BBLs56,765 MCFMay 2026
Shaula 30 Federal ComEddy County, NM817 BBLs1,429 MCFMay 2026
ShugartEddy County, NM582 BBLs3,135 MCFMay 2026
Shugart 18 Queen UnitEddy County, NM0 BBLs0 MCFAug 1996
Shugart WestEddy County, NM427 BBLs905 MCFMay 2026
Silver 29 28 Federal ComEddy County, NM7,617 BBLs18,545 MCFMay 2026
West ShugartEddy County, NM2,766 BBLs4,847 MCFMay 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