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Home » Energy » Nigeria’s October Crude Oil Production Reaches 1.68 Million Bpd, Meeting OPEC Quota
Energy

Nigeria’s October Crude Oil Production Reaches 1.68 Million Bpd, Meeting OPEC Quota

by Oluebube Elechi November 12, 2026
written by Oluebube Elechi November 12, 2026
Nigeria maintained its six-month run of OPEC quota compliance in October, with crude oil production averaging 1.68 million barrels per day
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LAGOS, Nov 12 – Nigeria’s crude oil production averaged 1.68 million barrels per day (bpd) in October 2026, slightly exceeding its Organization of the Petroleum Exporting Countries (OPEC) quota of 1.5 million bpd and extending the country’s compliance streak to six consecutive months.

Data released on Wednesday by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that combined crude oil and condensate production averaged 1,687,710 bpd during the month.

Daily output peaked at 1.79 million bpd and fell to a low of 1.60 million bpd, according to the regulator. Excluding condensates, average crude production stood at 1.51 million bpd, approximately 101% of Nigeria’s OPEC allocation.

October marked the sixth consecutive month Nigeria met its crude production quota, following average output of 1.53 million bpd in May, 1.55 million bpd in June, 1.51 million bpd in July, 1.50 million bpd in August and 1.53 million bpd in September.

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Despite maintaining quota compliance, combined crude oil and condensate production declined by approximately 1.7% month-on-month from September’s level.

The NUPRC attributed the production performance to stronger operations, improved production uptime and more efficient crude evacuation. The commission said these improvements had helped sustain output despite operational challenges across the upstream sector.

Forcados and Bonny lead terminal production

A breakdown of average daily crude oil and condensate output showed that Forcados was Nigeria’s largest producing terminal in October, recording 318,490 bpd.

Bonny followed with 311,020 bpd, while Qua Iboe produced 173,970 bpd and Escravos recorded 134,670 bpd. Bonga contributed 106,650 bpd.

The regulator said the figures reflected efforts by operators and other industry stakeholders to improve operational efficiency, maintain asset integrity and strengthen production reliability across Nigeria’s upstream petroleum sector.

Nigeria’s sustained compliance with its OPEC quota represents an improvement in production performance, although the slight monthly decline highlights the importance of maintaining operational stability and efficient evacuation infrastructure to support output growth.

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