NUPRC Reports 3.33 Million Barrels of Oil Theft in 2025

In 2025, Nigeria experienced 3.33 million barrels of crude oil theft, with approximately 66% of this theft reported in the fourth quarter, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The NUPRC released its annual report detailing the country's crude oil production, domestic supply, exports, and field development activities.

Nigeria produced a total of 541.08 million barrels of crude oil and blended condensate during the year, with production levels fluctuating throughout the quarters: 132.70 million barrels in Q1, 137.69 million barrels in Q2, 137.45 million barrels in Q3, and 133.23 million barrels in Q4. Additionally, unblended condensate production contributed another 48.52 million barrels.

The NUPRC also reported progress on field development plans aimed at increasing upstream capacity, with projects expected to achieve first oil between 2026 and 2030. The Federal Government's budget for 2026 is based on a crude oil production target of 1.84 million barrels per day.