Nigeria's Oil Production Reaches 15-Month High in May

In May 2026, Nigeria's crude oil production hit a 15-month high, averaging 1,530,354 barrels per day, surpassing the OPEC quota of 1.5 million barrels per day by 102%. This figure includes 170,446 barrels per day of condensate, bringing the total oil output to 1,700,800 barrels per day.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), through its head of media corporate communications, Eniola Akinkuotu, stated that this performance reflects sustained improvements in the country's upstream operations. The production levels in May represent the highest since July 2025, when output peaked at 1,712,282 barrels per day.

The report indicates a steady upward trajectory in Nigeria's oil output, with significant contributions from various terminals, including Bonny Terminal, which produced 293,870 barrels per day. The increase in production is attributed to stable operations and the absence of major pipeline breaches or facility shutdowns during the reporting period.