Nigeria Secures Fourth Straight Month of OPEC Compliance as August Oil Production Edges Up 0.4%
CHIGOZIE AMADI
Nigeria’s crude oil and condensate production increased marginally by 0.4 per cent in August 2026, reaching an average of 1.678 million barrels per day (mbpd), according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The Commission disclosed that crude oil production, excluding condensates, stood at 1.500 million barrels per day during the month, enabling Nigeria to meet its Organisation of the Petroleum Exporting Countries (OPEC) quota for the fourth consecutive month.
NUPRC said daily crude oil and condensate output ranged from a low of 1.64 million barrels per day to a high of 1.71 million barrels per day in August.
Bonny Terminal recorded the highest average production at 320.04 thousand barrels per day (kbpd), followed by Forcados Terminal with 317.40 kbpd.
Qua Iboe Terminal accounted for an average of 171.72 kbpd of crude oil and condensates, while Escravos Oil Terminal recorded 131.71 kbpd. Bonga ranked fifth among the highest-producing terminals, with an average output of 92.50 kbpd of crude oil.
The NUPRC attributed the modest increase in production largely to the resolution of operational challenges affecting the Single Buoy Mooring (SBM) at the Erha field, which had negatively impacted output in the previous month.
According to the Commission, the restoration of normal evacuation and production operations at the asset contributed positively to overall production volumes in August.
It added that production activities across most other producing assets remained relatively stable, with operators implementing measures aimed at improving production efficiency, maintaining asset integrity and reducing operational disruptions.
The regulator said the August performance underscored the importance of promptly resolving operational constraints, effective asset management and continued collaboration among industry stakeholders to safeguard and expand Nigeria’s crude oil production capacity.
NUPRC said stakeholders remain focused on improving asset reliability, strengthening operational resilience and advancing intervention programmes to support sustained growth in oil production in the coming months.
