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  • Nigeria Meets OPEC Quota for Third Consecutive Month as July Production Hits 1.67mbpd
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Nigeria Meets OPEC Quota for Third Consecutive Month as July Production Hits 1.67mbpd

Nigeria has met and exceeded its OPEC crude oil production quota for the third consecutive month, with total oil and condensate output reaching 1.67 million barrels per day (mbpd) in July 2026, according to the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The country produced an average of 1.505mbpd of crude oil […]

Nigeria has met and exceeded its OPEC crude oil production quota for the third consecutive month, with total oil and condensate output reaching 1.67 million barrels per day (mbpd) in July 2026, according to the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The country produced an average of 1.505mbpd of crude oil and 0.17mbpd of condensates during the month, bringing combined daily production to 1.67mbpd. Daily output peaked at 1.78mbpd and fell to a low of 1.57mbpd.

Despite exceeding OPEC’s 1.5mbpd crude oil production quota, Nigeria’s output declined by four per cent month-on-month in July. The NUPRC attributed the drop to operational challenges at the Erha and Akpo fields, which disrupted production during the period.

According to the commission, the disruptions constrained production volumes and contributed significantly to the decline in national output. However, production across most other assets remained relatively stable, with operators implementing measures to sustain efficiency and limit the impact of operational constraints.

The July figures followed another strong performance in June, when Nigeria’s crude oil and condensate production averaged 1,735,398 barrels per day, marking the fourth consecutive month of production growth.

Data released by the NUPRC and signed by its Head of Media and Corporate Communications, Eniola Akinkuotu, showed that crude oil production stood at 1.56mbpd in June, while condensate output reached 0.18mbpd.

The June crude oil output represented 104 per cent of Nigeria’s 1.5mbpd OPEC quota. Excluding condensates, the 1.56mbpd crude oil production was Nigeria’s highest monthly average since April 2020, representing a 74-month high for Africa’s largest oil producer.

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