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Crude oil output up by 2.3% to reach 1.74mbpd, as Nigeria tops OPEC quota for second consecutive month

Nigeria’s average daily crude oil and condensate production rose by 2.3 per cent to 1.74 million barrels per day (mbpd) in June 2026 from 1.70mbpd recorded in May, while crude oil output climbed to 1.56mbpd, enabling the country to exceed its Organisation of the Petroleum Exporting Countries (OPEC) production quota for the second consecutive month.

Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday showed that average crude oil production, excluding condensates, increased to 1.56 million barrels per day in June from 1.53 million barrels per day in May.

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The output represents 104 per cent of Nigeria’s 1.5mbpd OPEC production quota and is the country’s highest crude oil production level since April 2020.

The commission said combined crude oil and condensate production averaged 1,735,398 barrels per day during the review period, extending Nigeria’s production growth streak to a fourth consecutive month.

According to the NUPRC, the country’s production has steadily improved from 1.483mbpd in February to 1.546mbpd in March, 1.663mbpd in April, 1.700mbpd in May and 1.735mbpd in June.

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The regulator attributed the improved performance to stable production operations across most producing assets and the absence of major pipeline outages, which enhanced production uptime and crude evacuation efficiency.

It noted that although a few producing assets experienced brief operational shutdowns, their impact on national output was minimal, and scheduled turnaround maintenance was completed without significant disruption to production.

The commission added that the sustained increase in output reflected the commitment of operators and other industry stakeholders to improving operational efficiency, maintaining asset integrity and enhancing production reliability across the upstream petroleum sector.

NUPRC further disclosed that Nigeria’s combined crude oil and condensate production peaked at 1.89mbpd in June, while the lowest daily production recorded that month was 1.57mbpd, indicating the country’s growing capacity to attain the two million barrels per day production target.

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