Nigeria Meets OPEC Quota for Fourth Month as Oil Production Hits 1.68mbpd
Nigeria's crude oil and condensate production rose to 1,677,777 barrels per day in August 2026, a modest increase of 0.4% from July's 1.67 million barrels per day.
This marks the fourth consecutive month that Nigeria has met its Organisation of Petroleum Exporting Countries (OPEC) quota, reflecting continued efforts by operators to restore affected production capacity and address operational bottlenecks.
The Nigerian Upstream Petroleum Regulatory Commission attributed the increase largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field, which had affected production performance in the preceding month.
Production activities across most other producing assets remained relatively stable, with operators sustaining measures aimed at improving efficiency, maintaining asset integrity and reducing operational disruptions.