Nigeria’s crude oil and condensate production increased slightly to 1,677,777 barrels per day in August 2026, up 0.4 per cent from the 1,671,000 bpd recorded in July.
The latest figures indicate a continued gradual recovery in the country’s oil production, with Nigeria also maintaining compliance with its Organisation of Petroleum Exporting Countries quota for the fourth consecutive month.
The Nigerian Upstream Petroleum Regulatory Commission disclosed this in a statement issued on Sunday by its Head of Media and Corporate Communications, Eniola Akinkuotu.
According to the regulator, crude oil production excluding condensates stood at 1,500,190 barrels per day during the month under review.
The commission attributed the improvement largely to the resolution of operational difficulties involving the Single Buoy Mooring at the Erha field, which had affected production in the previous month.
NUPRC said the restoration of normal evacuation and production operations at the facility contributed to the increase recorded in August.
It noted that production activities across most other producing assets remained relatively stable, while operators continued efforts to improve efficiency, preserve asset integrity and minimise disruptions.
Daily crude oil and condensate output fluctuated between a low of 1.64 million bpd and a high of 1.71 million bpd in August.
A breakdown of production from major terminals showed that the Bonny Terminal recorded the highest average output at 320.04 thousand bpd.
Forcados Terminal followed with 317.40 thousand bpd, while Qua Iboe Terminal produced an average of 171.72 thousand bpd of crude oil and condensates.
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Escravos Oil Terminal recorded 131.71 thousand bpd, while Bonga ranked fifth with an average crude oil production of 92.50 thousand bpd.
Despite the month-on-month improvement, August production remained below the 1,735,398 bpd recorded in June, representing a shortfall of 57,621 bpd.
The NUPRC said the latest performance reflected ongoing efforts across the industry to tackle operational constraints and restore lost production capacity.
The regulator stressed that operators and other stakeholders would need to sustain interventions aimed at improving asset reliability and operational resilience to achieve stronger production growth.
It also highlighted the importance of effective asset management, timely interventions and greater collaboration among industry stakeholders in protecting Nigeria’s crude oil production capacity.
Oil production remains critical to Nigeria’s economy, particularly in supporting government revenue, foreign exchange earnings and the country’s efforts to meet its OPEC production obligations.