Nigeria Surpasses OPEC Production Limits for Second Consecutive Month
Nigeria has once again exceeded its OPEC-mandated production caps, achieving a significant milestone with an average crude oil output of 1.56 million barrels per day (mbpd) in June. This figure represents 104 percent of the country’s OPEC quota, set at 1.5 million barrels per day, marking Nigeria’s highest production level in over six years.
Production Data Highlights Sustained Growth
According to the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s total production, which includes 1.56 million barrels per day of crude oil and an additional 180,000 barrels per day of condensate, reached an impressive average of 1.74 million barrels per day. The production range for the month fluctuated between a low of 1.57 million barrels per day and a high of 1.89 million barrels per day, highlighting the country’s volatility in oil output.
Consistent Month-on-Month Increases
The statistics reveal a steady upward trend in production, increasing from 14.83 million barrels per day in February to 15.46 million in March, followed by 16.63 million in April, 17.0 million in May, and culminating at 17.35 million in June. This represents a month-on-month growth rate of 2.2%, indicative of a recovering oil sector.
Production Performance Overview
Nigeria’s oil and condensate production averaged 1,735,398 barrels per day in June 2026, marking the fourth consecutive month of positive growth. The breakdown for the month indicates crude oil production reached 1.56 million barrels per day and condensate production reached 180,000 barrels per day, successfully surpassing the OPEC quota.
Enhancements in Operational Stability
The noticeable improvement in Nigeria’s oil production is attributed to stable operations across most production assets and the absence of significant pipeline disruptions during this period. According to NUPRC, the increase in operational stability led to enhanced production uptime and oil evacuation efficiency, despite some short-term outages in a limited number of assets. Furthermore, maintenance activities were conducted effectively without causing major disruptions.
Commitment to Efficiency and Reliability
The sustained growth observed in June underscores the commitment of operators and industry stakeholders to enhance operational efficiency, ensure asset integrity, and improve production reliability across Nigeria’s upstream oil sector. NUPRC noted that this collaborative effort is essential for the continued success of the industry.
Production Breakdown by Terminal
An analysis of average daily crude oil and condensate production by terminal reveals that Bonny Terminal led the output with 318.28 kb/d, a notable increase from the 293.88 kb/d reported in May. This was closely followed by Forcados Terminal, which recorded 306.36 kb/d, up from 289.90 kb/d in the previous month.
The Kua Iboe terminal, however, experienced a decline, registering an average production of 164.73 kb/d, down from 173.36 kb/d in May. Conversely, the Escravos oil terminal saw an increase, with an average production of 138.03 kb/d compared to 135.47 kb/d in the preceding month. Bonga also contributed significantly, ranking as the fifth highest producing terminal with an average output of 103.66 kb/d, up from 102.54 kb/d in May.
