Oil Output Surges: Nigeria Delivers 104% of OPEC Quota, Hits 74-Month High

Nigeria has exceeded its crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC) after recording its highest crude output in more than six years, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The Commission disclosed that Nigeria produced an average of 1,735,398 barrels of crude oil and condensates per day in June 2026, extending the country's production recovery for a fourth consecutive month.

In a statement issued on Sunday by its Head of Media and Corporate Communications, Eniola Akinkuotu, the NUPRC said average crude oil production stood at 1.56 million barrels per day (mbpd), while condensate production averaged 0.18mbpd during the month.

The crude oil figure represents 104 per cent of Nigeria's 1.5 million barrels per day production quota allocated by OPEC.

According to the Commission, the June crude oil output is Nigeria's highest monthly production since April 2020, making it a 74-month high and marking a significant milestone in the country's efforts to boost oil production.

The NUPRC also revealed that Nigeria's combined crude oil and condensate production peaked at 1.89 million barrels per day during the month, suggesting the country is steadily moving closer to its long-term target of producing 2 million barrels per day.

Production, however, fluctuated during the month, with the lowest combined daily output recorded at 1.57 million barrels per day.

The Commission attributed the improved performance largely to stable production operations across producing assets and the absence of any major pipeline outages, factors that have historically constrained Nigeria's oil output.

According to the regulator, improved operational stability enhanced production uptime and enabled more efficient evacuation of crude oil from production facilities.

The latest figures reinforce signs of a sustained recovery in Nigeria's upstream petroleum sector after years of output challenges linked to crude oil theft, pipeline vandalism, operational disruptions and underinvestment.

The improved production performance is also expected to strengthen government revenues and foreign exchange earnings, as crude oil remains Nigeria's largest source of export income.

The June production data comes as the Federal Government continues efforts to increase crude oil output through improved security around oil infrastructure, enhanced collaboration with industry operators and regulatory reforms aimed at attracting fresh investment into the sector.