Again, Nigeria exceeds OPEC quota as production hits 1.67mbpd in July

FOR the third consecutive month, Nigeria has met and exceeded its Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota, with total daily oil output reaching 1.67 million barrels per day (mbpd) in July 2026.

This was made known by the  latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The data showed that Nigeria produced an average of 1.505mbpd of crude oil during the month, while condensate production stood at 0.17mbpd.

The nation’s ability to sustain production above its OPEC quota for three consecutive months comes amid ongoing efforts by the Federal Government and industry regulators to boost crude oil production and maximise the country’s upstream petroleum potential.

The data showed  the crude oil and condensate production  in six months, starting from February (1.483. 940), March (1,564.100), April (1,663. 430), May (1,700.800), June (1,735, 398) and July(1.670. 890).

The combined output of crude oil and condensate in July ,according to the data, represented an increase above Nigeria’s OPEC crude production quota of 1.5mbpd.

The country’s highest daily production of crude oil and condensate during the month was 1.78mbpd, while the lowest was 1.57mbpd.

The data from the NUPRC showed that despite meeting the OPEC quota, Nigeria’s production declined by four per cent month-on-month.

NUPRC, attributed the decline to operational challenges at the Erha and Akpo oil fields, which affected production volumes during the period under review.

The disruptions, according to NUPRC, constrained output and contributed significantly to the overall reduction in national crude oil production.

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The  regulator said production operations across most other producing assets remained relatively stable, with operators implementing measures to sustain efficiency and minimise the impact of operational constraints.