Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria’s daily average crude oil production in February declined by about five percent from what was produced in January.
According to the data, Nigeria’s daily average crude oil production for February 2025 was 1,465,006 barrels per day, dropping from 1,538,697 bpd in January.
The February production falls short of the country’s OPEC quota of 1.5 Mbps.
“The average crude oil production was 98% of OPEC quota (1.5 Mbps),” NUPRC noted in the report.
Meanwhile, the report noted that the country recorded a peak production of 1.7 Mbps in February, and the lowest was 1.6 Mbps.
It should be noted that these figures include condensates, which OPEC does not include in its calculations of crude oil production.
“The daily average production in February was 1,671,953 barrels per day, comprising of both Crude oil (1,465,006 bopd) and condensate (206,948 bopd),” NUPRC noted in the report.
Nigeria produced 41 million barrels of crude oil in February
The data further shows that Nigeria recorded a total production of 41,020,155 barrels of crude oil in February, with 1,599,693 barrels and 4,194,849 barrels of blended and unblended condensates, respectively.
This is below the output in January, when the total production of crude oil was 47,699,593 barrels, excluding 1,910,213 barrels and 4,252,071 barrels in blended and unblended condensates.
The top-performing terminals or streams, according to the NUPRC report, include BONNY, BRASS, QUA IBOE, FORCADOS, ESCRAVOS, ODUDU, and TULJA – OKWUIBOME.
Meanwhile, OPEC is yet to publish its Monthly Oil Market for February.