Nigeria’s crude oil and condensate production rose to an average of 1.735 million barrels per day in June 2026, marking the fourth consecutive month of production growth and surpassing the country’s OPEC production quota.

According to the Nigerian Upstream Petroleum Regulatory Commission, crude oil production averaged 1.56 million barrels per day, while condensate output stood at 180,000 barrels per day. This enabled Nigeria to achieve 104 per cent of its 1.5 million barrels per day production quota set by the Organization of the Petroleum Exporting Countries.

The commission noted that the 1.56 million barrels of daily crude production, excluding condensates, is Nigeria’s highest output since April 2020, representing a 74-month high.

Combined crude oil and condensate production peaked at 1.89 million barrels per day during the month, highlighting the country’s potential to reach the two million barrels per day target.

The steady increase in production has been attributed to stable operations across producing assets, the absence of major pipeline disruptions, improved operational efficiency, and effective maintenance activities.

Among the country’s producing terminals, Bonny recorded the highest daily average output with 318,280 barrels per day, followed by Forcados with 306,360 barrels. Qua Iboe, Escravos, and Bonga also ranked among the top-performing terminals during the period under review.