Nigeria maintained its compliance with its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the sixth consecutive month in October 2026, despite a 1.7 per cent month-on-month decline in output.
Figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) show that the country produced an average of 1.51 million barrels per day (mbpd) of crude oil in October, representing 101 per cent of its OPEC production target of 1.5mbpd.
The performance extends Nigeria’s run of meeting its assigned quota, which began in May 2026.
The commission’s data showed that crude oil and condensate production combined averaged 1,687,710 barrels per day during the month.
Daily combined production reached a peak of 1.79 million barrels, while the lowest recorded output was 1.60 million barrels per day.
Although Nigeria maintained its quota compliance, October’s crude oil output declined from 1.53mbpd recorded in September.
Nigeria sustains six-month OPEC quota compliance
The NUPRC data showed that Nigeria’s crude oil production, excluding condensates, remained around or above its OPEC target throughout the six-month period.
Production figures were:
- May: 1.53mbpd
- June: 1.55mbpd
- July: 1.51mbpd
- August: 1.50mbpd
- September: 1.53mbpd
- October: 1.51mbpd
The figures indicate that Nigeria maintained production at or above its 1.5mbpd quota throughout the period.
The NUPRC attributed the relatively stable performance to improved operational stability, increased production uptime and more efficient crude oil evacuation.
The commission said the October performance reflected the continued efforts of operators and industry stakeholders to improve operational efficiency, maintain asset integrity and strengthen production reliability across the upstream petroleum sector.
Forcados leads October production by terminal
A breakdown of October’s average daily crude oil and condensate production showed that Forcados Terminal recorded the highest output among the listed terminals, with 318.49 thousand barrels per day (kbpd).
Bonny Terminal followed with 311.02kbpd, while Qua Iboe Terminal recorded 173.97kbpd.
Escravos Oil Terminal produced an average of 134.67kbpd, while Bonga ranked fifth with 106.65kbpd.
The October figures highlight Nigeria’s continued effort to sustain crude oil production and meet its OPEC commitment, although the monthly decline shows that maintaining output growth remains a challenge for the country’s upstream petroleum industry.
The data was released by the NUPRC and signed by its Head of Media and Corporate Communications, Eniola Akinkuotu, on November 11, 2026.
