NUPRC figures show that crude oil production remained above Nigeria’s 1.5 million bpd allocation for a sixth consecutive month, despite a decline in October.
Nigeria’s crude oil production declined to an average of 1.51 million barrels per day (bpd) in October 2026 but remained above its Organisation of the Petroleum Exporting Countries (OPEC) quota for the sixth consecutive month.
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that crude oil output, excluding condensates, stood at 1.51 million bpd, representing about 101 per cent of Nigeria’s 1.5 million bpd OPEC production allocation.
The October figure was slightly below the 1.53 million bpd recorded in September.
When condensates are included, Nigeria’s average daily production stood at 1,687,710 barrels in October, compared with about 1.72 million bpd in September. This represents a month-on-month decline of approximately 1.7 per cent.
Nigeria sustains six-month OPEC quota streak
The October performance extended Nigeria’s run of meeting its OPEC crude oil production quota to six consecutive months.
NUPRC figures show that the country produced 1.53 million bpd in May, 1.55 million bpd in June, 1.51 million bpd in July, 1.50 million bpd in August and 1.53 million bpd in September.
The October average of 1.51 million bpd placed production about 10,000 barrels above the country’s monthly allocation.
The commission also reported that combined crude oil and condensate production peaked at 1.79 million barrels per day during the month, while the lowest daily output was 1.60 million barrels.
The commission attributed the relatively stable production levels in recent months to improved operational stability, higher production uptime and more efficient crude evacuation.
“The sustained growth recorded in October reflects the continued commitment of operators and industry stakeholders towards improving operational efficiency, maintaining asset integrity, and enhancing production reliability across the Nigerian upstream petroleum sector,” the NUPRC said.
A breakdown of average daily crude oil and condensate production by terminals and streams showed that Forcados recorded the highest output in October.
Forcados Terminal produced an average of 318,490 bpd, followed by Bonny Terminal with 311,020 bpd.
Qua Iboe recorded 173,970 bpd, while Escravos posted an average of 134,670 bpd.
Bonga ranked fifth, with an average production of 106,650 bpd of crude oil and condensate.
The figures show that Nigeria maintained crude production above its OPEC allocation despite the October decline. However, the quota measures crude oil output alone and excludes condensates.
