Nigeria has exceeded its OPEC crude oil production quota for the third consecutive month, despite a four per cent decline in output in July 2026, according to the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The country produced an average of 1.505 million barrels per day (mbpd) of crude oil in July, surpassing its OPEC quota of 1.5mbpd. An additional 0.17mbpd of condensate was produced during the month, bringing total daily liquids production to 1.67mbpd.
NUPRC data showed that Nigeria’s combined crude oil and condensate production reached a daily peak of 1.78mbpd in July, while the lowest daily output stood at 1.57mbpd.
Despite meeting its OPEC target, crude oil production declined by four per cent compared with the previous month. The upstream regulator attributed the drop to operational challenges at the Erha and Akpo fields, which disrupted production during the period and affected overall national output.
The NUPRC said production difficulties at the two fields contributed significantly to the decline, although operations across most other producing assets remained relatively stable.
Operators, it added, implemented measures to sustain production efficiency and limit the impact of the disruptions. The July performance came after Nigeria recorded another strong month in June, when crude oil and condensate production averaged 1,735,398 barrels per day.
NUPRC data showed that crude oil production alone reached 1.56mbpd in June, while condensate production stood at 0.18mbpd. The crude oil figure represented 104 per cent of Nigeria’s 1.5mbpd OPEC quota.
The June performance also marked the fourth consecutive month of production growth and represented the country’s highest monthly average crude oil output since April 2020.
At 1.56mbpd, June’s crude production marked a 74-month high for Nigeria, excluding condensates.
The NUPRC said the latest figures reflect continued efforts by operators and regulators to improve production despite operational challenges affecting some major oil fields.
Nigeria’s ability to sustain production above its OPEC quota is expected to remain important to government efforts to increase crude oil output, boost export earnings and strengthen revenue from the petroleum sector.
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