Monday, September 14, 2026 - Nigeria produced 1, 677,777 barrels of crude oil and condensate per day in the month of August 2026, representing an increase of 0.4% when compared to the month of July.
In strict crude oil terms (excluding condensate), Nigeria produced
1,500,190 barrels per day as the country met its OPEC quota for the 4th
consecutive month.
In the month under review, the lowest daily crude oil and
condensate production was 1.64mmbopd while the highest daily combined
production was 1.71mmbopd.
A statement by Head, Media and Corporate Communications of the
Nigerian Upstream Petroleum Regulatory Commission, Eniola Akinkuotu, said a
breakdown of the daily average crude oil and condensate production by
terminals/streams during the review month shows that Bonny Terminal accounted
for 320.04kbpd while Forcados Terminal followed with 317.40kbpd.
Qua Iboe Terminal recorded an average production of 171.72kbpd of
crude oil and condensates while Escravos Oil Terminal posted a daily average of
131.71kbpd.
Bonga ranked as the fifth highest producing terminal, recording an
average of 92.50kbpd of crude oil.
The NUPRC attributed the modest improvement in August production
largely to the resolution of the Single Buoy Mooring (SBM) operational
challenges at the Erha field, which had adversely impacted production
performance in the preceding month.
“The restoration of normal evacuation and production operations at
the asset contributed positively to overall production volumes during the
period under review.”
It added that production activities across most other producing
assets remained relatively stable, with operators sustaining implementation
measures aimed at optimising production efficiency, maintaining asset
integrity, and minimising operational disruptions.
“Routine production and crude evacuation operations were generally
sustained across the industry, supporting the observed improvement in output.
While the increase recorded in August was modest, it reflects the industry’s
continued efforts to address operational bottlenecks and restore affected
production capacity.
Stakeholders remain focused on enhancing asset reliability,
improving operational resilience and advancing intervention programs to support
sustained production growth in the coming months.
“The August performance highlights the importance of timely resolution of operational constraints, effective asset management practices, and continued collaboration among industry stakeholders in safeguarding and improving Nigeria’s crude oil production capacity.”
0 Comments