Nigeria’s crude oil production rose by 0.4 per cent in August 2026 as the country met its Organisation of the Petroleum Exporting Countries (OPEC) production quota for the fourth consecutive month.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed that the country produced an average of 1,677,777 barrels of crude oil and condensate per day during the month under review, up from the July output.
Excluding condensates, Nigeria’s crude oil production stood at an average of 1,500,190 barrels per day in August, representing the fourth consecutive month in which the country met its OPEC quota.
According to the NUPRC, daily combined production of crude oil and condensate ranged between a low of 1.64 million barrels per day and a high of 1.71 million barrels per day during the month.
The regulator attributed the modest increase in production largely to the resolution of operational challenges associated with the Single Buoy Mooring (SBM) at the Erha field.
The challenges had adversely affected production performance in the preceding month.
NUPRC said the restoration of normal evacuation and production operations at the Erha asset contributed positively to the overall increase in output recorded in August.
Production activities across most other producing assets remained relatively stable, with operators sustaining measures aimed at improving production efficiency, maintaining asset integrity and reducing operational disruptions.
The regulator said routine production and crude evacuation operations were generally sustained across the industry, supporting the improvement in output.
A breakdown of crude oil and condensate production by terminals and streams showed that Bonny Terminal recorded the highest average output in August at 320.04 thousand barrels per day (kbpd).
Forcados Terminal followed with 317.40kbpd, while Qua Iboe Terminal recorded 171.72kbpd.
Escravos Oil Terminal accounted for an average daily production of 131.71kbpd, while Bonga ranked fifth with an average production of 92.50kbpd of crude oil.
Although the increase in production was modest, NUPRC said the performance reflected ongoing efforts by operators and other industry stakeholders to resolve operational bottlenecks and restore affected production capacity.
The commission stressed that sustained production growth would depend on improving asset reliability, strengthening operational resilience and advancing intervention programmes across producing fields.
The August performance, it added, underscored the importance of promptly addressing operational constraints and maintaining effective asset management practices to safeguard Nigeria’s crude oil production capacity.
Nigeria’s continued compliance with its OPEC quota comes amid efforts by the Federal Government and oil industry operators to increase crude production and strengthen the country’s position in the international oil market.
The NUPRC said continued collaboration among industry stakeholders would remain critical to sustaining production improvements in the coming months.
