Aradel and Seplat Match Production Levels in First Half of 2026
Nigerian independent oil and gas companies, Aradel Holdings and Seplat Energy, matched each other's production levels in the first half of this year. Both companies averaged a working interest production of 139,000 Barrels of Oil Equivalent Per day (BOEPD) during the period.
Seplat reported that its production averaged 139,509 BOEPD in the first six months of 2026, up four percent from the same period last year. The company also met its guidance for the period, which was between 135,000 and 155,000 BOEPD.
Aradel's report showed that it produced 25.2 Million BOE for the period, translating to a daily average of 139,000 BOEPD. However, Aradel reaffirmed its full-year production guidance of 110,000 - 140,000 BOEPD.