Nigeria produced 1.5m barrels of crude oil in August
Nigeria produced 1, 677,777 barrels of crude oil and condensate per day in the month of August 2026, representing an increase of 0.4% when compared to the month of July. In strict crude oil terms (excluding condensate), Nigeria produced 1,500,190 barrels per day as the country met its OPEC quota for the 4th consecutive month. […]
In August 2026, Nigeria produced 1,677,777 barrels of crude oil and condensate daily, marking a slight increase of 0.4% compared to July. The country successfully met its OPEC quota for the fourth consecutive month, focusing solely on crude oil production, which averaged 1,500,190 barrels per day. The lowest single-day production was 1.64 million barrels of oil per day (mbopd), while the highest was 1.71 mbopd.
According to Eniola Akinkuotu, a spokesperson for the Nigerian Upstream Petroleum Regulatory Commission, the Bonny and Forcados terminals were the top producers, accounting for 320.04 kbpd and 317.40 kbpd, respectively. Qua Iboe and Escravos terminals also contributed significantly, recording 171.72 kbpd and 131.71 kbpd, respectively.
The modest production growth was primarily attributed to resolving Single Buoy Mooring (SBM) issues at the Erha field, which had negatively affected production in the previous month. Despite the small increase, industry stakeholders remain committed to improving asset reliability, operational resilience, and advancing programs to sustain production growth in the future.
Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
