Nigeria's Crude Oil Production Down 4 Percent in July
NUPRC said average crude output reached 1.505 million barrels per day, 4% below June levels and above OPEC’s 1.5 million-barrel quota.
- Nigeria's crude oil production fell four per cent in July 2026, yet the country produced 1.505 million barrels per day, exceeding its 1.5 million barrel OPEC quota for a third consecutive month, the Nigerian Upstream Petroleum Regulatory Commission reported Wednesday.
- NUPRC attributed the decline to operational challenges at Erha and Akpo fields during the period. The commission said, "These disruptions constrained production volumes and contributed significantly to the overall reduction in national crude oil output."
- Total daily output including condensate production of 170,446 barrels remained significant, compared to June's total hydrocarbon output of 1.7 million barrels per day, which included 1.53 million barrels of crude.
- Forcados Terminal recorded the highest output at 322.34 thousand barrels per day, while Bonny Terminal, Qua Iboe Terminal, Escravos Oil Terminal, and Bonga sustained production across the sector.
- Industry stakeholders remain focused on resolving operational constraints, as NUPRC emphasized the need for proactive asset management and operational resilience to minimize future disruptions in Nigeria's upstream petroleum sector.
11 Articles
11 Articles
Nigeria's Crude Oil Production Down 4 Percent in July
Nigeria's crude oil production fell by four per cent month-on-month in July 2026, despite the country maintaining production above its OPEC quota for the third consecutive month, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
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Nigeria Meets OPEC Quota For Third Consecutive Month, Production Hits 1.67mbpd In July - OGUN STATE TELEVISION
Nigeria has for the third consecutive month met and exceeded its OPEC quota of 1.5 million barrels per day, latest statistics from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have revealed. In the month of July 2026, Nigeria produced 1.505mbpd of crude oil and 0.17mbpd of condensate, bringing the combined daily production to 1.67mbpd. In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd …
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