Nigeria maintained compliance with its Organization of the Petroleum Exporting Countries (OPEC) production quota for the fourth consecutive month in August 2026, as crude oil output recorded a modest increase compared to the previous month.
According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country produced an average of 1,677,777 barrels of crude oil and condensates per day in August, representing a 0.4% increase from July’s production level.
Excluding condensates, Nigeria’s average crude oil production stood at 1,500,190 barrels per day, meeting the country’s OPEC quota benchmark.
The regulator disclosed the figures in a statement issued on Sunday by its Head of Media and Corporate Communications, Eniola Akinkuotu, noting that the performance underscores the industry’s ongoing efforts to improve operational efficiency and restore lost production capacity.
NUPRC stated that Nigeria’s daily crude oil and condensate production ranged between 1.64 million barrels per day and 1.71 million barrels per day during the review period.
According to the regulator, the restoration of normal production and evacuation activities at the asset helped support overall output growth in August.
NUPRC added that production activities across most oil assets remained stable during the period, supported by measures aimed at improving operational efficiency, maintaining infrastructure integrity and minimizing disruptions to crude evacuation.
The commission noted that the August performance highlights the importance of timely intervention, effective asset management and collaboration among industry stakeholders in sustaining and growing Nigeria’s oil production capacity.
August marks the fourth consecutive month that Nigeria has met its OPEC production quota, reinforcing a recovery trend that began earlier in the year.
The country also outperformed several African peers, including Libya, which produced 1.391 million barrels per day in July, and Algeria, which recorded 995,000 barrels per day.
While Nigeria has consistently met its OPEC quota in recent months, production remains below the assumptions underpinning the Federal Government’s 2026 budget.
Industry stakeholders believe that resolving operational constraints, curbing crude oil theft and accelerating investment in upstream assets will be critical to closing this gap and improving government oil revenues in the months ahead.
