Nigeria’s oil production dropped 4% in July - NUPRC

Nigeria's crude oil production experienced a month-on-month decline of 4% in July, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The country pumped an average of 1.505 million barrels per day of crude oil during the month, a decrease from the 1.735 million barrels per day recorded in June.

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Nigeria has for the third consecutive month met and exceeded its OPEC quota of 1.5mbpd. In the month of July 2026, Nigeria produced 1.505mbpd of crude oil and 0.17mbpd of condensate, bringing the combined daily production to 1.67mbpd.

Despite this reduction, Nigeria successfully met its Organisation of Petroleum Exporting Countries (OPEC) quota of 1.5 million barrels per day for the third consecutive month. When condensate production of approximately 170,000 barrels per day is included, Nigeria's total crude and condensate output for July stood at 1.67 million barrels per day.

The NUPRC attributed the July decline primarily to operational challenges encountered at the Erha and Akpo fields. These disruptions significantly impacted production volumes, contributing to the overall decrease in national crude oil output.

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Although Nigeria met its OPEC quota in the month of July, the statistics show that on a month-on-month basis, production fell by 4 per cent.

This July performance marks the first monthly decline after a steady increase in production observed throughout the first half of the year. Compared to January's output, July's combined production was approximately 14.5% higher.

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These disruptions constrained production volumes and contributed significantly to the overall reduction in national crude oil output.