Nigeria’s crude oil production dropped to A 1.43 million barrels per day in the month of August, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated.
In a statement, the regulatory agency for the upstream petroleum sector said daily condensate production in August stood at 197,229 bpd, all amounting to 1.63 million barrels.
It states that crude oil figure means the country achieved 96% of its 1.5 million bpd OPEC quota.
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A quota it met in the latest two months.
The statement wen on to state that the August figure was 4.7% drop in combined crude oil and condensate production from 1.71 million bopd in July.
Similarly, crude oil production itself declined by 4.8%, down from 1.5 million bopd in July 2025.
But when compared to the same period of 2024, the August figure was a growth of 5.47% which posted a daily crude oil average of 1.36 million bopd.
It noted that this reflects a steady recovery and improved operational performance across the industry and demonstrated the country’s capacity to meet its production targets under the OPEC agreement
“The month-on-month drop was driven by a single-day unscheduled maintenance at an oil facility and in the month of August, the lowest and peak combined crude and condensate production were 1.59 million bopd and 1.85 million bopd respectively.”
“In the review month, Forcados Terminal topped the production charts, delivering a total of 8.99 million barrels, including 8.08 million barrels of crude oil and 915.2k barrels of condensates. Following closely was Bonny Terminal, which produced a combined 6.26 million barrels, consisting of 5.8 million barrels of crude and 418.27k barrels of condensates.”
Meanwhile, Qua Iboe Terminal recorded a total of 4.99 million barrels, with 4.94 million barrels of crude and 50.5k barrels of condensates. Escravos Oil Terminal also made a solid contribution, producing 4.18 million barrels, comprised of 4.08 million barrels of crude oil and 107k barrels of condensate.