Nigeria’s Oil Production Drops 4% in July

Nigeria’s oil production fell by four percent in July 2026, but the country still surpassed its OPEC production limit for the third month in a row, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

In a statement on Wednesday, the commission said Nigeria produced an average of 1.505 million barrels per day (mbpd) of crude oil in July. This was above its OPEC quota of 1.5mbpd.

In addition, the country produced 0.17mbpd of condensate that month. This brought total average daily production of crude oil and condensate to 1.67mbpd.

However, the July oil output was a four percent drop from the month before.

In June, Nigeria produced an average of 1.53 million barrels of crude oil per day. When adding the condensate production of 170,446 bpd, the total oil output for June was 1.7 million bpd.

On Wednesday, NUPRC said the drop in July’s production was due to operational challenges at the Erha and Akpo fields. These issues affected production volumes during the month.

“These disruptions constrained production volumes and contributed significantly to the overall reduction in national crude oil output,” the commission stated.

Despite these disruptions, the combined daily production of crude oil and condensate reached a peak of 1.78mbpd in July. The lowest daily output recorded was 1.57mbpd.

When looking at average daily production by terminals, Forcados Terminal had the highest output at 322.34 thousand barrels per day (kbpd).

Bonny Terminal followed with 303.72kbpd, while Qua Iboe Terminal produced an average of 158.02kbpd.

Escravos Oil Terminal recorded an average of 131.41kbpd, and Bonga was fifth with 100.23kbpd of crude oil production.

NUPRC mentioned that production operations at other sites remained stable despite the problems at the affected fields.

The commission said operators took steps to keep production efficient and lessen the impact of the operational challenges. Routine production and crude evacuation activities were largely maintained across the sector.

The commission added that industry stakeholders are focused on fixing the identified issues, restoring production capacity, and improving asset reliability.

NUPRC noted that the July production performance highlighted the need for better asset management, operational strength, and timely action to reduce disruptions in Nigeria’s oil sector.