Nigeria produced approximately 307 million barrels of crude oil and condensate between March and August 2026, with daily output rising to a six-month peak of 1.74 million barrels per day (bpd) in June.
Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that combined crude oil and condensate production averaged about 1.67 million bpd during the six-month period.
The figures indicated a steady recovery in production between March and June before output moderated slightly in July and August.
Nigeria recorded its lowest daily production during the period in March, when output stood at 1.56 million bpd, translating to approximately 48.49 million barrels for the month.
Production increased to 1.66 million bpd in April, resulting in about 49.90 million barrels, while May recorded 1.70 million bpd, equivalent to approximately 52.72 million barrels.
The country reached its highest daily production rate in June at 1.74 million bpd, translating to about 52.06 million barrels based on 30 days of production.
However, output declined to 1.67 million bpd in July, representing approximately 51.80 million barrels.
Production recovered marginally in August to 1.68 million bpd, with monthly output estimated at about 52.01 million barrels.
Overall, the monthly figures put Nigeria’s combined crude oil and condensate production at approximately 306.99 million barrels between March and August.
The NUPRC figures showed that production increased by about 171,298 barrels per day between March and June, representing a significant recovery before the subsequent moderation.
Although output declined from the June peak, production in July and August remained above the March level.
Crude oil accounted for approximately 1.50 million bpd of the average production during the period, while condensate contributed about 180,000 bpd.
If the six-month average production rate of 1.67 million bpd were sustained for a full year, Nigeria’s annual output would exceed 600 million barrels.
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The increase in oil production is significant for Nigeria, given the sector’s contribution to government revenue and foreign exchange earnings.
Higher crude output could provide additional volumes for export and domestic refining, potentially supporting government revenues and foreign exchange supply, depending on international oil prices and other market conditions.
The production improvement also comes amid ongoing efforts by the government and industry regulators to tackle crude oil theft, pipeline vandalism, operational disruptions and other challenges affecting upstream production.
The NUPRC continues to monitor production activities across oil fields and operators as Nigeria seeks to increase output and maximise revenue from its petroleum resources.
