Nigeria has maintained its compliance with the Organisation of Petroleum Exporting Countries (OPEC) production quotas for the sixth month in a row, according to data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Wednesday, November 11, 2026.
In October 2026, Nigeria recorded an average crude oil production of 1.51 million barrels per day (bpd), excluding condensates. This figure represents 101 percent of the 1.5 million bpd quota assigned to the country by OPEC, effectively exceeding the allocation by approximately 10,000 bpd. When including condensate production, the nation's total output for October reached an average of 1.69 million bpd.
While the October output reflects a 5.7 percent increase compared to the same period in 2025—which saw 1.60 million bpd—it represents a 1.7 percent month-on-month decline from the 1.72 million bpd recorded in September 2026. Throughout October, daily production fluctuated, peaking at 1.79 million barrels and dipping to a low of 1.60 million barrels.
The NUPRC attributed this sustained production performance to improved operational conditions within the upstream sector. In a statement, the regulator noted that enhanced stability has bolstered production uptime and increased the efficiency of crude evacuation processes. These efforts by industry stakeholders are aimed at maintaining asset integrity and strengthening overall production reliability.
This latest performance continues a trend of recovery observed throughout 2026. Following a low of 1.48 million bpd in February, output saw significant variance, peaking at an average of 1.74 million bpd in June before entering a period of slight moderation in the subsequent months. Despite these fluctuations, the country has remained consistently above its OPEC benchmark since May 2026.
Reporting by Damilola Aina for Punch Newspapers.
