Nigeria’s crude oil production fell by four per cent month-on-month in July 2026, but remained above its OPEC quota for the third consecutive month, according to the Nigerian Upstream Petroleum Regulatory Commission.
The commission said Nigeria produced an average of 1.505 million barrels per day of crude oil in July, slightly above its OPEC quota of 1.5 million barrels per day.
An additional 0.17 million barrels per day of condensate brought average daily crude oil and condensate production to 1.67 million barrels per day.
The July crude oil figure was down from an average of 1.53 million barrels per day in June. Including 170,446 barrels per day of condensate, Nigeria’s total average hydrocarbon output stood at 1.7 million barrels per day in June.
The NUPRC attributed the July decline to operational challenges at the Erha and Akpo fields.
“These disruptions constrained production volumes and contributed significantly to the overall reduction in national crude oil output,” the commission said.
Despite the disruptions, combined crude oil and condensate production reached a daily high of 1.78 million barrels in July and a low of 1.57 million barrels.
Forcados Terminal recorded the highest average daily output at 322.34 thousand barrels per day. Bonny Terminal followed with 303.72 thousand barrels per day, while Qua Iboe Terminal produced an average of 158.02 thousand barrels per day.
Escravos Oil Terminal recorded 131.41 thousand barrels per day, while Bonga produced 100.23 thousand barrels per day.
The commission said production across other assets remained relatively stable. It added that operators were taking measures to maintain efficiency, minimise the impact of constraints and restore affected production capacity.
