Nigeria's crude oil and condensate production reached 1,677,777 barrels per day in August 2026, marking a 0.4 percent increase from the previous month's output of 1.67 million bpd. This rise signifies the country's ongoing commitment to adhering to its Organisation of Petroleum Exporting Countries (OPEC) production quota for the fourth consecutive month.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced this development in a statement released on Sunday, highlighting the efforts made by operators to restore production capacity and tackle operational challenges that had previously hindered output.

A significant factor contributing to the improved production figures was the resolution of issues related to the Single Buoy Mooring at the Erha field, which had adversely affected production in July. The NUPRC noted that the restoration of normal operations at this facility positively impacted overall production during August.

The breakdown of production figures revealed that crude oil production, excluding condensates, was 1,500,190 barrels per day for the month. The lowest daily production recorded was 1.64 million bpd, while the highest reached 1.71 million bpd. The Bonny Terminal led in average output, contributing 320.04 thousand bpd, followed closely by the Forcados Terminal with 317.40 thousand bpd. Other notable terminals included Qua Iboe, Escravos, and Bonga, which recorded average outputs of 171.72 thousand bpd, 131.71 thousand bpd, and 92.50 thousand bpd, respectively.

Despite the positive trend in August, the figures still reflect a decrease of 57,621 bpd compared to June's production of 1,735,398 bpd, which had seen a decline of approximately 3.3 percent. The NUPRC attributed the August performance to the industry's ongoing efforts to resolve operational constraints and restore affected production capacity.

The commission emphasized the importance of timely interventions, effective asset management, and collaboration among industry stakeholders to safeguard Nigeria's crude oil production capacity. As the government continues to focus on enhancing oil production, these efforts are seen as crucial for increasing revenue, improving foreign exchange earnings, and ensuring compliance with OPEC production quotas in the future.