HomeEnergyNigeria Exceeds OPEC Quota, Hits 74-Month Oil Output High

Nigeria Exceeds OPEC Quota, Hits 74-Month Oil Output High

ABUJA — Nigeria’s crude oil production has exceeded its Organisation of the Petroleum Exporting Countries (OPEC) quota, reaching 104 per cent compliance as output climbed to a 74-month high in June 2026.

Latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows that the country recorded an average daily production of 1,735,398 barrels per day (bpd) of crude oil and condensates in June, marking the fourth consecutive month of growth.

According to a statement signed by the Head of Media and Corporate Communications, Eniola Akinkuotu, crude oil production stood at 1.56 million bpd, exceeding OPEC’s 1.5 million bpd quota, while condensate output contributed 0.18 million bpd to the total.

“The average crude oil production represents 104 per cent of OPEC quota,” the statement noted, highlighting Nigeria’s improved output performance.

In strict crude oil terms, the 1.56 million bpd recorded in June is the highest since April 2020, underscoring a significant recovery in the country’s upstream petroleum sector.

The report further showed that combined crude and condensate production peaked at 1.89 million bpd, with a low of 1.57 million bpd, signaling Nigeria’s growing potential to reach the 2 million bpd mark.

Monthly Production Figures (Combined Crude Oil + Condensate)

| Month | Production (bpd) |

| January | 1,627,460 |

| February | 1,483,940 |

| March | 1,564,100 |

| April | 1,663,430 |

| May | 1,700,800 |

| June | 1,735,398 (highest) |

A month-on-month analysis indicates steady growth, rising from 1.483 million bpd in February to 1.546 million bpd in March, 1.663 million bpd in April, 1.700 million bpd in May, and 1.735 million bpd in June.

The sustained increase was attributed to improved operational stability, minimal pipeline disruptions, and efficient management of maintenance activities across major producing assets.

Terminal data showed Bonny Terminal leading with 318.28 kbpd, followed by Forcados (306.36 kbpd), Qua Iboe (164.73 kbpd), Escravos (138.03 kbpd), and Bonga (103.66 kbpd).

The development reflects ongoing efforts by industry stakeholders to enhance production efficiency, maintain asset integrity, and ensure reliable output across Nigeria’s oil sector.

Akeem Adebayo
Akeem Adebayo
Akeem Olalekan Adebayo is an Editor at newsfocusng.com, covering Business, Energy, Foreign Affairs, and Defence, with a focus on clear, balanced analysis of issues shaping Nigeria and the global economy.
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