By Obas Esiedesa, Abuja
ABUJA — Nigeria’s daily oil production declined by four per cent in July 2026, falling to 1.67 million barrels per day (mbpd) from 1.74mbpd recorded in June, according to the latest production data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The figures showed that Nigeria sustained production above the 1.5mbpd OPEC quota for the third consecutive month in July.
According to the NUPRC data, the country produced 1.505mbpd of crude oil and 0.17mbpd of condensate during the month, bringing total daily production to 1.67mbpd.
Daily combined crude oil and condensate production peaked at 1.78mbpd during the month, while the lowest output stood at 1.57mbpd.
The July performance followed production levels of 1.70mbpd in May and 1.74mbpd in June. Earlier in the year, production stood at 1.663mbpd in April, 1.546mbpd in March, 1.483mbpd in February and 1.627mbpd in January.
The NUPRC attributed the July decline to operational challenges at the Erha and Akpo fields, which affected production during the period under review.
The regulator said the disruptions constrained production volumes and contributed significantly to the reduction in national output.
Despite the challenges, production operations across most other producing assets remained relatively stable, with operators implementing measures to maintain production efficiency and minimise the impact of operational constraints.
The latest figures indicate that although Nigeria continues to maintain production above its OPEC quota, operational disruptions at key producing assets remain a factor affecting overall output.
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