Nigeria Surpasses Third Straight Month of Exceeding OPEC Oil Production Quota

Nigeria's crude oil production exceeded its Organisation of Petroleum Exporting Countries (OPEC) quota for the third consecutive month in July 2026, official data have shown.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its July crude oil production statistics released on Wednesday, August 12, 2026. According to the commission, Nigeria produced 1.505 million barrels of crude oil daily and 0.17 million barrels of condensate during the month.

The combined daily production stood at 1.67 million barrels per day, exceeding the country’s OPEC quota of 1.5 million barrels daily. The NUPRC said: “In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd.”

The commission attributed a four percent month-on-month decline in overall production to operational challenges encountered at the Erha and Akpo oil fields during the review period.