Nigeria’s crude oil production output soared to 99 per cent of its 1.5 million bpd production quota set by the Organisation of the Petroleum Exporting Countries (OPEC).
Platforms Africa reports that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) made this known in its new data released on Monday, titled, “Crude Oil and Condensate Production April 2025.”
In March, Nigeria’s crude oil production declined to 93% of OPEC quota from the 98% it recorded in the previous month of February.
However, the new data by the NUPRC indicated that, “the average crude oil production was 99% of the OPEC quota
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The Commission’s report said that Nigeria pumped an average of 1,485,700 barrels of oil per day (bpd) in April, a 6.06% increase from March’s production level of 1,400,783 bpd. When condensate—an ultra-light hydrocarbon similar to crude oil—is included, the total daily production climbed from 1.603 million bpd in March to 1.683 million bpd in April.
“Lowest and peak combined crude oil and condensate production in April were 1.60 million and 1.73 million barrels per day, respectively. The average for the month stood at 1,683,307 bpd, with condensate contributing 197,607 bpd to the total.”
Condensate, often recovered during natural gas processing, adds a significant boost to Nigeria’s overall hydrocarbon output. It is typically separated at field-level facilities when gas is depressurised and cooled.
Meanwhile, efforts to further expand production are underway. On Monday, Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, reiterated the firm’s commitment to exploring oil in Nigeria’s northern region as part of its strategy to ramp up national output.
In a related development, ExxonMobil has pledged a $1.5 billion investment in Nigeria’s deepwater oil sector. The NUPRC confirmed that the funds will be deployed between Q2 2025 and 2027 to revitalise the Usan deepwater oil field, potentially unlocking new reserves and enhancing production.
As Nigeria approaches the fulfilment of its OPEC quota, industry stakeholders remain hopeful that continued investments and supportive policies could reinstate the nation’s status as Africa’s leading oil producer.