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Nigeria Produces 450.17 Million Barrels of Oil in Nine Months

Nigeria produced 450.17 million barrels of crude oil and condensate between January and September 2026, down from 457.65 million barrels recorded during the same period in 2025.

Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that total output fell by 7.48 million barrels, representing a decline of 1.63 per cent year-on-year.

Despite the drop in cumulative production, output improved in September, with crude oil and condensate production averaging 1.717 million barrels per day, up 2.34 per cent from August.

Daily production during the month ranged from 1.68 million barrels to a peak of 1.84 million barrels.

The commission’s Head of Media and Corporate Communications, Eniola Akinkuotu, said Nigeria’s crude oil production, excluding condensates, averaged 1.53 million barrels per day in September.

This was equivalent to 102 per cent of Nigeria’s Organisation of Petroleum Exporting Countries (OPEC) quota of 1.5 million barrels per day. The performance marked the fifth consecutive month the country met or exceeded its assigned target.

Nigeria recorded average crude oil production of 1.53 million barrels per day in May, 1.55 million in June, 1.51 million in July and 1.50 million in August.

According to the NUPRC, improved operational stability across producing fields and the absence of major pipeline disruptions helped raise September output.

The commission said more reliable production facilities and smoother crude evacuation also contributed to the increase.

It added that operators and other industry stakeholders were continuing efforts to improve efficiency, protect oil assets and sustain production reliability across the upstream sector.

However, the decline in total output for the first nine months indicates that maintaining higher production levels remains a challenge despite the recent improvement and Nigeria’s continued compliance with its OPEC quota.