ABUJA — Nigeria has met and exceeded its OPEC production quota for the third consecutive month, with crude 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 figures show that Nigeria produced an average of 1.505mbpd of crude oil and 0.17mbpd of condensate during the month, putting combined daily production above the country’s 1.5mbpd OPEC quota.
The latest performance extends Nigeria’s recent run of meeting its OPEC production allocation, despite a month-on-month decline in output.
NUPRC data showed that combined crude and condensate production peaked at 1.78mbpd during July, while the lowest daily output was 1.57mbpd.
However, production declined by 4 per cent compared with the previous month, reflecting operational challenges at some major producing assets.
The Commission attributed the decline principally to disruptions at the Erha and Akpo fields, which affected production volumes during the period.
According to the NUPRC, the operational challenges at the two fields constrained overall national output and accounted significantly for the month-on-month reduction.
Despite the disruptions, production across most other producing assets remained relatively stable, with operators implementing measures to maintain production efficiency and limit the impact of operational constraints.
The latest figures reinforce the improvement in Nigeria’s crude oil production performance after years of output shortfalls that frequently left the country below its OPEC allocation.
The ability to consistently meet the quota is significant for government revenues, crude exports and the availability of feedstock for Nigeria’s expanding domestic refining industry.
Higher and more stable crude production could also strengthen Nigeria’s position in the regional petroleum market as domestic refining capacity expands and the country seeks to increase the supply of refined products to neighbouring markets.
However, the July decline highlights the continuing vulnerability of national output to operational disruptions at individual oil fields.
The NUPRC’s latest figures therefore point to both progress and remaining challenges: Nigeria is sustaining production above its OPEC quota, but maintaining that performance will depend on resolving operational constraints and keeping producing assets stable.
