The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s oil output, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day in November from 1.496 million bpd produced in October 2025.
The Organisation does not consider Condensate, which Nigeria produces about 196,028 bpd, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
OPEC said in its December 2025 Monthly Oil Market Report that the figures for November were based on data obtained from secondary sources, indicating that Nigeria did not meet OPEC’s 1.5 million bpd quota.
When data obtained from direct sources were considered, OPEC disclosed that Nigeria produced 1.436 million bpd in November 2025, up from 1.401 million bpd in October 2025.
The current 1.486 million bpd showed a marginal increase from 1.417 million bpd recorded in the corresponding period of 2024.
Meanwhile, the NUPRC has set a production target of over 2.5 million barrels of oil per day (MBOPD) in the coming years.
Speaking recently on the progress made to raise Nigeria’s crude oil production, the Commission’s Chief Executive Officer, Mr. Gbenga Komolafe, highlighted the significant strides made by the Commission since its establishment in 2021, noting that Nigeria’s active rig count, which stood at 16 as of 2021, has now increased to 40 under the Commission’s oversight.
GIK/APA