BY EMMA PETER, ABUJA
Nigeria has maintained its compliance with the Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota for the sixth consecutive month, recording an average daily production of 1.51 million barrels per day (mbopd) in October 2026.
The latest production figures indicate that the country’s crude oil and condensate output averaged 1,687,710 barrels per day during the month under review, reflecting sustained production stability in the nation’s upstream petroleum sector.
According to a statement issued by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), through its Head of Media and Corporate Communications, Eniola Akinkuotu, on Tuesday, November 11, 2026, Nigeria’s daily production peaked at 1.79 million barrels, while the lowest output recorded during the period was 1.60 million barrels per day.
The Commission disclosed that when condensate is excluded, Nigeria’s crude oil production stood at an average of 1.51 million barrels per day, representing 101 per cent of the country’s OPEC-assigned production quota of 1.5 million barrels per day.
The October performance marks the sixth consecutive month Nigeria has met its OPEC production target, demonstrating consistency in the country’s efforts to sustain and improve crude oil production.
A review of production figures shows that Nigeria recorded 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 barrels per day in October.
Despite maintaining compliance with its OPEC allocation, the Commission noted that production experienced 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 greater efficiency in crude oil evacuation across the industry.
It stated that the sustained performance recorded in October reflected the commitment of operators and other industry stakeholders to improving operational efficiency, maintaining asset integrity and strengthening production reliability across Nigeria’s upstream petroleum sector.
A breakdown of the daily average crude oil and condensate production by terminals and streams showed that Forcados Terminal emerged as the highest-producing terminal, accounting for 318.49 thousand barrels per day (kbpd).
Bonny Terminal followed closely with an average production of 311.02 thousand barrels per day, while Qua Iboe Terminal recorded 173.97 thousand barrels per day.
Escravos Oil Terminal accounted for 134.67 thousand barrels per day, while Bonga ranked fifth among the leading producing terminals, recording an average output of 106.65 thousand barrels per day.
The latest figures highlight Nigeria’s continued efforts to strengthen production capacity, improve operational performance and consolidate its position within the global crude oil market.
