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Nigeria’s crude oil production rose to an average of 1.56 million barrels per day (bpd) in June 2026, its highest monthly output in more than six years, as the country surpassed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC).
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed on Sunday that Nigeria produced an average of 1.735 million bpd of crude oil and condensates in June, comprising 1.56 million bpd of crude oil and about 180,000 bpd of condensates.
According to the commission, the crude oil output represents 104 per cent of Nigeria’s 1.5 million bpd OPEC quota and is the highest level recorded since April 2020, marking a 74-month production high.
The NUPRC said the latest performance also extended Nigeria’s production growth to the fourth consecutive month, with combined crude oil and condensate output rising from 1.70 million bpd in May to 1.735 million bpd in June, a 2.2 per cent month-on-month increase.
The commission noted that daily production peaked at 1.89 million bpd during the month, while the lowest daily output stood at 1.57 million bpd, bringing the country closer to the two million barrels per day mark.
“Nigeria meets 104% of OPEC quota as production soars. Crude oil production rises to a 74-month high,” the commission said, attributing the sustained increase to stable production operations across producing assets.
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It explained that the absence of major pipeline outages, improved operational stability, higher production uptime and more efficient crude evacuation helped boost output during the period.
Nigeria has struggled for years to meet its OPEC production target due to crude oil theft, pipeline vandalism, underinvestment and operational disruptions.
However, June marked the second consecutive month the country exceeded its OPEC quota after producing 1.53 million bpd in May. Before then, the last time Nigeria surpassed its quota was in July 2025, when production averaged 1.505 million bpd.
The improved production comes amid renewed government efforts to strengthen pipeline security, curb oil theft and attract fresh investment into the upstream sector.
Industry stakeholders believe output could rise further if current operational improvements are sustained. The Federal Government has set a 2.6 million bpd oil production target for 2026, although it retained a more conservative 1.8 million bpd benchmark for budget implementation.
Analysts say sustained increases in crude oil production would strengthen government revenue, improve foreign exchange earnings and support Nigeria’s broader economic recovery, provided investment and operational stability are maintained.
