Nigeria has met its Organisation of the Petroleum Exporting Countries, OPEC, crude oil production quota for the sixth consecutive month, recording an average output of 1.51 million barrels per day, mbpd, in October 2026.
Figures released by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showed that the country’s combined crude oil and condensate production averaged 1.688 million barrels per day during the month, representing 101 per cent of its 1.5 million barrels per day OPEC crude oil quota.
The Commission’s Head of Media and Corporate Communications, Eniola Akinkuotu, disclosed this in a statement on Wednesday, November 11, 2026, adding that daily production peaked at 1.79 million barrels, while the lowest output recorded during the period was 1.60 million barrels per day.
The latest figures extend Nigeria’s six-month streak of meeting its OPEC production target, with crude oil output, excluding condensates, averaging 1.53 million barrels per day in May, 1.55 million in June, 1.51 million in July, 1.50 million in August, 1.53 million in September and 1.51 million in October.
Despite sustaining production above its OPEC allocation, the country’s output recorded a marginal month-on-month decline of 1.7 per cent in October.
The NUPRC attributed the relatively stable production performance in recent months to improved operational stability, increased production uptime and enhanced crude oil evacuation efficiency.
It said the October performance reflected the continued commitment of operators and other industry stakeholders to improving operational efficiency, maintaining asset integrity and strengthening production reliability across the upstream petroleum sector.
A breakdown of production by terminals and streams showed that Forcados Terminal led the country’s output in October, recording an average of 318.49 thousand barrels per day (kbpd) of crude oil and condensates.
Bonny Terminal followed with 311.02 kbpd, while Qua Iboe recorded 173.97 kbpd and Escravos Oil Terminal accounted for 134.67 kbpd.
Bonga ranked fifth among the highest-producing terminals and streams, with an average daily output of 106.65 thousand barrels of crude oil and condensates.
