Nigeria’s oil output dropped to 1.486m bpd in November – OPEC

The Organisation of Petroleum Exporting Countries has disclosed that Nigeria’s crude oil production, excluding condensate, declined by 0.7 percent to 1.486 million barrels per day in November 2025, down from 1.496 million barrels per day recorded in October.Entertainment center

 

 

 

OPEC does not include condensate in its production quota calculations. Nigeria currently produces about 196,028 barrels per day of condensate, according to figures from the Nigerian Upstream Petroleum Regulatory Commission.

 

 

 

 

The organisation made the disclosure in its December 2025 Monthly Oil Market Report, stating that the November figures were based on data obtained from secondary sources. The data showed that Nigeria failed to meet its assigned OPEC production quota of 1.5 million barrels per day during the period.

 

 

 

However, using data obtained from direct communication, OPEC said Nigeria’s crude oil production stood at 1.436 million barrels per day in November 2025, an increase from 1.401 million barrels per day recorded in October 2025.

 

 

The reported output of 1.486 million barrels per day also represented a slight improvement compared to the 1.417 million barrels per day recorded in the corresponding period of 2024.

 

 

Commenting on the figures, petroleum economics expert Wumi Iledare said Nigeria’s inability to meet its OPEC quota was not surprising. He attributed the situation to persistent insecurity, an ageing oil basin with no major new discoveries, and the failure to offer new hydrocarbon blocks for bidding.

 

 

 

He also pointed to governance gaps and policy uncertainty, noting that these factors continue to weaken investor confidence in the sector. According to him, selective implementation of the Petroleum Industry Act has compounded the problem, stressing that Nigeria urgently needs a clearly designated leader with the institutional authority to drive the oil and gas industry.

 

 

 

He added that relying on multiple proxy drivers would not deliver results, noting that he could not recall the last time Nigeria consistently met its OPEC production quota.

 

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