Odimmegwa Johnpeter/Abuja
Nigeria has for the third consecutive month met and exceeded its OPEC quota of 1.5mbpd. The latest statistics from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have revealed. This was contained in a statement signed by Eniola Akinkuotu, Head, Media, and Corporate Communications.
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 while the lowest daily production was 1.57mbpd.
Although Nigeria met its OPEC quota in the month of July, the statistics show that on a month on a month basis, production fell by 4%.
The NUPRC attributed the decline in production to operational challenges experienced at the Erha and Akpo fields, which impacted production output during the period under review.
These disruptions constrained production volumes and contributed significantly to the overall reduction in national crude oil output.
Despite the challenges, production operations across most other producing assets remained relatively stable, with operators implementing measures aimed at maintaining production efficiency and minimizing the impact of operational constraints.
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