By Atoyebi Nike
Nigeria’s crude oil production climbed to its highest level in six months in July, marking a steady recovery after earlier declines, according to new figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
The country produced 1.507 million barrels per day (bpd) of crude in July, slightly above the 1.505 million bpd recorded in June. This marks the second consecutive month Africa’s top producer has exceeded its OPEC quota.
Including condensates, total liquid hydrocarbon output averaged 1.712 million bpd, with daily production ranging between 1.66 million and 1.84 million bpd, NUPRC said.
NUPRC Chief Executive, Gbenga Komolafe, attributed the improvement to the Commission’s Project 1 MMBOPD Incremental initiative, which focuses on boosting production through collaboration, operational efficiency, and better field management.
He added that the agency is optimising the Maximum Efficient Rate (MER) framework, improving produced water management, and harmonising shutdown and maintenance schedules to minimise downtime.
“With these efforts, the presidential mandate on production increase is well within reach,” Komolafe said.
