Nigeria Exceeds OPEC Oil Quota as Crude Production Hits 74-Month High in June

Nigeria’s oil production recorded its strongest performance in more than six years in June 2026, with crude oil output surpassing the country’s Organisation of the Petroleum Exporting Countries (OPEC) production quota as total crude and condensate production climbed to 1.735 million barrels per day (mbpd).

Latest industry production data showed that Nigeria produced an average of 1,735,398 barrels of crude oil and condensates daily during the month, marking the fourth consecutive month of production growth and underscoring the country’s gradual recovery in the upstream petroleum sector.

Of the total output, 1.56 million barrels per day came from crude oil, while condensate production averaged about 180,000 barrels per day. The crude oil output exceeded Nigeria’s 1.5 million barrels per day OPEC quota, meaning the country achieved 104 per cent of its assigned production target.

The June crude oil production level also represents Nigeria’s highest monthly crude output since April 2020, making it the country’s best performance in 74 months.

Production figures also revealed Nigeria’s growing capacity to approach the coveted two million barrels per day mark. During June, combined crude oil and condensate production peaked at 1.89 million barrels per day, while the lowest daily production recorded during the month stood at 1.57 million barrels per day.

The latest figures extend a steady upward trend witnessed over the past four months. Average daily production rose from 1.483 million barrels in February to 1.546 million barrels in March, increased further to 1.663 million barrels in April, climbed to 1.700 million barrels in May before reaching 1.735 million barrels in June, representing a 2.2 per cent month-on-month increase.

Industry data attributed the sustained improvement to stable production activities across most oil-producing assets and the absence of major pipeline outages during the review period.

The enhanced operational stability helped improve production uptime and crude evacuation efficiency, allowing operators to sustain higher output levels despite isolated operational disruptions.

Although a few production assets experienced brief shutdowns, the impact on national output remained minimal. Scheduled turnaround maintenance programmes were also completed without causing significant disruptions to overall production.

The sustained increase in production was credited to the continued efforts of operators and stakeholders to improve operational efficiency, strengthen asset integrity and enhance production reliability across Nigeria’s upstream petroleum industry.

A breakdown of production by export terminals showed that Bonny Terminal remained Nigeria’s highest-producing stream in June, recording an average output of 318,280 barrels per day, up from 293,880 barrels per day in May.

Forcados Terminal followed with an average daily production of 306,360 barrels, an increase from 289,900 barrels recorded the previous month.

Qua Iboe Terminal produced an average of 164,730 barrels per day, representing a slight decline from 173,360 barrels per day in May, while Escravos Oil Terminal improved its performance to 138,030 barrels per day, compared with 135,470 barrels per day recorded a month earlier.

Offshore producer Bonga ranked as the fifth-largest producing terminal during the month, posting an average daily output of 103,660 barrels, marginally higher than the 102,540 barrels per day achieved in May.

The latest production performance is expected to strengthen Nigeria’s position within OPEC, improve crude export earnings and support the Federal Government’s drive to increase oil production while sustaining operational stability across the country’s oil and gas sector.