Nigeria Exceeds OPEC Oil Quota Third Consecutive Month July 2026

Nigeria has exceeded its Organisation of Petroleum Exporting Countries crude oil production quota for the third consecutive month, according to official data released by the Nigerian Upstream Petroleum Regulatory Commission.

The commission’s July production statistics show the country pumped 1.505 million barrels of crude oil daily alongside 170,000 barrels of condensate, bringing combined daily output to 1.67 million barrels. That figure surpasses Nigeria’s OPEC allocation of 1.5 million barrels per day.

Peak daily production during the month reached 1.78 million barrels, while the lowest recorded level stood at 1.57 million barrels.

Forcados Terminal led output with 322,340 barrels per day, followed by Bonny Terminal at 303,720 barrels. Qua Iboe Terminal contributed 158,020 barrels daily, Escravos Oil Terminal added 131,410 barrels, and Bonga rounded out the top five producers at 100,230 barrels per day.

Despite meeting its OPEC target, overall production declined four percent month-on-month. The commission attributed the drop to operational challenges at the Erha and Akpo oil fields, which constrained volumes and significantly affected national output. Production across other assets remained relatively stable.

Operators have implemented measures to sustain efficiency and reduce the impact of operational constraints, with routine production activities and crude evacuation operations largely sustained across the sector. Industry stakeholders are working to resolve the identified issues and restore affected capacity, while also focusing on strengthening asset reliability to support improved performance in coming months.

The commission said the July performance underscores the importance of proactive asset management and operational resilience, noting that timely interventions remain critical to mitigating disruptions and sustaining growth in Nigeria’s upstream petroleum industry.