Nigeria has exceeded its crude oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC), with output reaching its highest level in more than six years.
Industry data released on Sunday showed that the country produced an average of 1,735,398 barrels of crude oil and condensates per day in June 2026, extending a streak of four consecutive months of production growth.
Of the total output, crude oil production stood at 1.56 million barrels per day, while condensate production averaged 180,000 barrels per day. The crude oil output represents 104 per cent of Nigeria’s OPEC production quota of 1.5 million barrels per day.
In crude oil terms, excluding condensates, the June output is the highest recorded since April 2020, making it a 74-month production high for Africa’s largest oil producer.
The report also showed that Nigeria’s combined crude oil and condensate production peaked at 1.89 million barrels per day during the month, while the lowest daily production stood at 1.57 million barrels.
According to the report, “The improved performance was primarily driven by stable production operations across most producing assets and the absence of any major pipeline outages during the period under review.”
It added that “This enhanced operational stability supported improved production uptime and crude evacuation efficiency,” allowing producers to sustain higher output levels throughout the month.
The report noted that Nigeria has maintained steady production growth in recent months, with combined crude oil and condensate output rising from 1.483 million barrels per day in February to 1.546 million in March, 1.663 million in April, 1.700 million in May and 1.735 million barrels per day in June.
Describing the latest figures as evidence of growing resilience in the upstream sector, the report stated that “Although a limited number of assets experienced short-duration operational shutdowns, the overall impact on national production was minimal.”
It further noted that “Scheduled turnaround maintenance activities were effectively managed and completed without significant disruption to production operations,” ensuring continuity across producing assets.
The report attributed the sustained increase in production to the efforts of operators across the industry.
“The sustained growth recorded in June reflects the continued commitment of operators and industry stakeholders towards improving operational efficiency, maintaining asset integrity, and enhancing production reliability across the Nigerian upstream petroleum sector,” it said.
On Nigeria’s production potential, the report said the June peak production level demonstrates that higher output is achievable.
“The peak combined crude oil and condensate production was 1.89 million barrels per day, reflecting Nigeria’s potential to reach two million barrels per day in the near term,” it stated.
A breakdown of production by terminals showed that Bonny Terminal remained the country’s highest-producing terminal with an average daily output of 318,280 barrels, up from 293,880 barrels recorded in May.
Forcados Terminal followed with 306,360 barrels per day, an increase from 289,900 barrels in May, while Qua Iboe Terminal produced 164,730 barrels per day.
Escravos Terminal posted an average daily output of 138,030 barrels, up from 135,470 barrels in May, while Bonga Terminal ranked fifth with 103,660 barrels per day, slightly above the 102,540 barrels recorded in the previous month.
The June production figures underscore the continued recovery of Nigeria’s oil sector and signal stronger prospects for increased crude exports, higher foreign exchange earnings and improved government revenues if the current production momentum is sustained.