Nigeria’s Crude Oil Output Hits 74-Month High, Exceeds OPEC Quota

July 13, () — Nigeria’s crude oil production rose to a 74-month high in June 2026, surpassing the Organisation of the Petroleum Exporting Countries’ production quota for the fourth consecutive month as improved operational stability boosted output.

Data released by the Nigerian Upstream Petroleum Regulatory Commission on Sunday showed that average crude oil production increased to 1.56 million barrels per day in June, while condensate output stood at 0.18 million barrels per day. Combined production reached 1.735 million barrels per day, exceeding Nigeria’s OPEC quota of 1.5 million barrels per day by four percent.

The commission said the June performance was the highest crude oil output recorded since April 2020 and marked the fourth straight month of production growth, reflecting a sustained recovery in the upstream sector.

According to the NUPRC, total crude oil and condensate production rose by 2.2 percent from 1.700 million barrels per day in May to 1.735 million barrels per day in June. Production had climbed steadily from 1.483 million barrels per day in February to 1.564 million in March and 1.663 million in April.

The regulator attributed the improved performance to stable operations across producing assets, the absence of major pipeline outages, and the successful completion of scheduled maintenance activities. It added that although a few facilities experienced brief shutdowns, the disruptions had little impact on national output.

The commission also disclosed that Nigeria’s highest daily crude oil and condensate production during the month reached 1.89 million barrels, while the lowest stood at 1.57 million barrels.

It said the sustained increase in production could strengthen oil export earnings, boost foreign exchange inflows and raise government revenue. The performance also brings Nigeria closer to its long-standing target of producing two million barrels of oil per day, following years of setbacks caused by crude theft, pipeline vandalism, underinvestment and ageing infrastructure.