Nigeria produced an average of 1.505 million barrels of crude oil per day in July 2026, slightly above its Organisation of the Petroleum Exporting Countries quota for the third consecutive month.
Data from the Nigerian Upstream Petroleum Regulatory Commission showed that an additional 170,000 barrels per day of condensate lifted combined crude and condensate production to about 1.67 million barrels per day.
The result represented continued improvement in Nigeria’s ability to meet its OPEC commitment after several years of output shortfalls.
Overall production, however, fell by about four per cent compared with June, when combined output averaged approximately 1.735 million barrels per day.
The regulator attributed the decline mainly to operational challenges at the Erha and Akpo fields.
NUPRC said those disruptions constrained volumes during the month, although production at most other assets remained relatively stable.
Combined daily output ranged from a high of about 1.78 million barrels to a low of 1.57 million barrels during July.
The distinction between crude and condensate remains important because condensate is not counted toward the OPEC quota.
Nigeria’s crude production therefore exceeded the 1.5 million barrel daily allocation by about 5,000 barrels.
The Federal Government and industry regulators have been working to improve production through stronger security, new investment and better operating conditions.
Higher output remains important to government revenue and foreign exchange earnings, while sustained production could also strengthen Nigeria’s position in future OPEC quota negotiations.
The July decline nevertheless showed that production gains remain vulnerable to technical problems and operational disruptions at major fields.
