Monday, September 14Reporting with Care

NIGERIA’S OIL OUTPUT RISES 0.4% TO 1.68M BPD IN AUGUST, MEETS OPEC QUOTA — NUPRC

Nigeria’s crude oil and condensate production rose marginally to an average of 1.68 million barrels per day (bpd) in August 2026, representing a 0.4 per cent increase over the July output, according to the Nigerian Upstream Regulatory Commission (NUPRC).

The commission disclosed this in a statement issued by its Head, Media and Corporate Communications, Eniola Akinkuotu, on Monday.

In strict crude oil production, excluding condensate, Nigeria recorded an average of 1,500,190 bpd, enabling the country to meet its Organisation of Petroleum Exporting Countries (OPEC) quota for the fourth consecutive month.

NUPRC said daily combined crude oil and condensate production fluctuated between a low of 1.64 million bpd and a high of 1.71 million bpd during the month.

The commission attributed the modest improvement principally to the resolution of operational challenges involving the Single Buoy Mooring (SBM) at the Erha field, which had affected production performance in the preceding month.

According to NUPRC, the restoration of normal evacuation and production operations at the asset contributed positively to overall output in August.

A breakdown of production by terminals and streams showed Bonny Terminal leading with an average 320.04 thousand barrels per day (kbpd), followed closely by Forcados Terminal with 317.40 kbpd.

Qua Iboe Terminal recorded an average 171.72 kbpd of crude oil and condensates, while Escravos Oil Terminal posted 131.71 kbpd.

Bonga ranked fifth among the highest-producing streams, with an average of 92.50 kbpd of crude oil.

NUPRC said production activities across most other producing assets remained relatively stable, with operators continuing measures aimed at improving production efficiency, maintaining asset integrity and reducing operational disruptions.

Routine crude evacuation and production operations were also largely sustained across the industry, supporting the slight increase in national output.

The regulator, however, acknowledged that the August improvement remained modest, saying it reflected continuing efforts by operators and other industry stakeholders to address operational bottlenecks and restore affected production capacity.

It said stakeholders remained focused on improving asset reliability, strengthening operational resilience and advancing intervention programmes capable of supporting sustained production growth in the coming months.

The August figures underline a familiar reality in Nigeria’s upstream sector: even relatively small operational disruptions can have a significant effect on national production, while resolving a single bottleneck can quickly restore some lost capacity.

For an economy that remains heavily dependent on petroleum revenues and foreign exchange earnings, the challenge is therefore not merely to increase production targets, but to keep existing assets operating reliably. Sustained gains will depend on resolving evacuation constraints, maintaining ageing infrastructure, improving security and ensuring that investments translate into dependable barrels

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