Nigeria’s oil production hits 74-month high, exceeds OPEC quota in June

Nigeria’s crude oil and condensate production climbed to an average of 1,735,398 barrels per day (bpd) in June 2026, marking a fourth consecutive month of positive growth.

Latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) shows that pure crude oil production reached 1.56 million barrels per day (mbpd), while condensate production accounted for 0.18 mbpd.

According to Eniola Akinkuotu, the NUPRC’s Head of Media and Corporate Communications, this performance means Nigeria successfully met 104% of its 1.5 mbpd OPEC production quota.

Excluding condensates, the 1.56 mbpd crude average represents the highest output Africa’s largest oil producer has recorded since April 2020.

During the month, combined peak production reached 1.89 mbpd, signaling strong potential to hit the 2 mbpd mark in the near future, while the lowest production floor stood at 1.57 mbpd.

This upward trajectory is highlighted by steady month-on-month growth throughout the year. National output rose from 1.483 mbpd in February to 1.546 mbpd in March, 1.663 mbpd in April, 1.700 mbpd in May, and finally 1.735 mbpd in June, reflecting a 2.2% monthly increase.

The NUPRC attributed this steady progress to stable operations across most producing assets and the complete absence of major pipeline outages, which significantly boosted uptime and evacuation efficiency. Although a few assets experienced brief, short-duration shutdowns, their impact on national output remained minimal.

Additionally, technical teams effectively managed scheduled turnaround maintenance without disrupting ongoing operations. The commission credited this sustained growth to the collective commitment of operators and industry stakeholders toward improving efficiency, maintaining asset integrity, and enhancing reliability across the upstream sector.

A terminal breakdown reveals that the Bonny Terminal led production by jumping to 318.28 kbpd from May’s 293.88 kbpd. The Forcados Terminal followed closely, increasing its daily output to 306.36 kbpd from 289.90 kbpd the previous month.

Conversely, the Qua Iboe Terminal saw a slight dip, dropping to 164.73 kbpd from May’s 173.36 kbpd. Meanwhile, the Escravos Terminal grew its daily average to 138.03 kbpd from 135.47 kbpd, and the Bonga Terminal rounded out the top five by rising slightly to 103.66 kbpd from 102.54 kbpd.