Nigeria maintained its compliance with the Organisation of the Petroleum Exporting Countries (OPEC) crude oil production quota for the sixth consecutive month in October 2026, despite a 1.7% month-on-month decline in output.
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday showed that the country recorded average daily crude oil and condensate production of 1.69 million barrels per day (bpd) during the month.
The figures were contained in a statement signed by Eniola Akinkuotu, the commission’s Head of Media and Corporate Communications.
Daily production peaked at 1.79 million bpd in October, while the lowest recorded output was 1.60 million bpd.
Excluding condensates, Nigeria produced an average of 1.51 million bpd of crude oil, representing approximately 101% of its OPEC production quota of 1.5 million bpd.
Nigeria sustains six-month OPEC quota compliance
October marked the sixth consecutive month Nigeria achieved its OPEC crude oil production target, extending a streak that began in May 2026.
Monthly crude oil production figures show that Nigeria averaged 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.
The latest performance represents a slight setback from September, when production increased from 1.50 million bpd in August to 1.53 million bpd.
Despite the October decline, Nigeria remained above its OPEC-assigned production ceiling.
The NUPRC attributed the country’s improved production performance to greater operational stability, higher production uptime and more efficient crude oil evacuation.
Forcados Leads Nigeria’s Oil production
A breakdown of average daily crude oil and condensate production by terminals and streams showed that Forcados recorded the highest output in October.
Forcados Terminal produced an average of 318,490 barrels per day, narrowly ahead of Bonny Terminal, which recorded 311,020 bpd.
Other major production streams included:
* Qua Iboe: 173,970 bpd.
* Escravos: 134,670 bpd.
* Bonga: 106,650 bpd.
The commission said the figures reflected ongoing efforts by operators and other industry stakeholders to improve operational efficiency, maintain asset integrity and strengthen production reliability across the upstream petroleum sector.
