Nigeria’s upstream oil sector has witnessed a notable increase in output, with an average production of 1.63 million barrels per day (bopd) of crude oil and condensates in August 2025. This represents a rise from 1.58 million bopd in the same period in 2024, according to the Crude Oil and Condensate Production for August 2025 report released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The report, signed by Eniola Akinkuotu, Head of Media and Strategic Communications, highlights that Nigeria’s crude oil output in August met 96% of its Organisation of the Petroleum Exporting Countries (OPEC) quota, set at 1.5 million barrels per day (mbpd). This achievement demonstrates the country’s capacity to meet its production targets under the OPEC agreement.

A breakdown of August 2025 production shows that crude oil output averaged 1.43 million bopd, which marks a 5.47% increase compared to August 2024, when daily crude oil production averaged 1.36 million bopd. This steady recovery reflects improved operational performance across the industry.

In contrast, daily condensate production in August stood at 197,229 barrels per day (bpd), indicating a slight decline from 220,435 bpd in August 2024. On a month-on-month basis, combined crude oil and condensate production declined by 4.7% from 1.71 million bopd in July, primarily due to a single day of unscheduled maintenance at an oil facility.

The report also notes that Forcados Terminal led production, delivering a total of 8.99 million barrels, including 8.08 million barrels of crude oil and 915,200 barrels of condensates. Bonny Terminal followed closely, producing a combined 6.26 million barrels, consisting of 5.8 million barrels of crude oil and 418,270 barrels of condensates.

The increased production output in Nigeria’s upstream oil sector signals a positive trend, with the country demonstrating its ability to meet OPEC production targets. As the sector continues to recover and improve operationally, stakeholders will be watching for sustained growth and stability in the industry.