As per the latest figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the African country’s oil production climbed to its highest level in 11 months in May 2026, with combined crude oil and condensate output averaging 1.7 million barrels per day (bpd).
“The increase in production resulted from sustained positive momentum as operations remained stable throughout the reporting period with no significant pipeline or facility outages recorded,” NUPRC stated further.
Eniola Akinkuotu, the commission’s head of media and corporate communications, stated that the broader production trend over the last five months has also remained positive.
According to the commission, the total comprised 1,530,354 barrels of crude oil and 170,446 barrels of condensates per day, equivalent to 102% of Nigeria’s 1.5 million bpd production quota allocated by OPEC. The ratio also became the highest combined output recorded since July 2025.
As per the NUPRC report, production during the month of May ranged from a low of 1.51 million bpd to a peak of 1.86 million bpd, reflecting a 2.77% increase from the 1.48 million bpd recorded in April. In strict crude oil terms (excluding condensates), the May figure also marks a 15-month high, surpassing the 1.538 million bpd recorded in January 2025.
The combined crude oil and condensate output increased from 1.48 million bpd in February to 1.54 million bpd in March, followed by 1.66 million bpd in April and 1.7 million bpd in May, displaying sustained growth in Nigeria’s hydrocarbon production levels.
“Among the production streams, Bonny Terminal led with a total blend of 293,870 bpd, followed by Forcados Terminal at 289,900 bpd, Qua Iboe with 173,360 bpd, and Escravos Oil Terminal at 135,470 bpd, while Odudu (Amenam Blend) completed the top five, accounting for 63,250 bpd during the month under review,” NUPRC mentioned.
The latest tally also raises expectations of sustained production growth following recent industry reforms. Authorities have announced that the 2026 oil licensing round will commence in Q3, with investor interest likely to be strong following measures to reduce entry barriers.
