Nigeria’s crude oil production averaged 1.69 million barrels per day in October, marking the sixth consecutive month the country met its OPEC quota. Data from the Nigerian Upstream Petroleum Regulatory Commission showed that daily production peaked at 1.79 million barrels before falling to 1.60 million barrels during the month. Excluding condensates, output averaged 1.51 million barrels per day, slightly exceeding Nigeria’s OPEC quota of 1.5 million barrels. Among the country’s producing terminals, Forcados recorded the highest output at 318,490 barrels per day, followed by Bonny with 311,020 barrels. Qua Iboe produced 173,970 barrels, Escravos recorded 134,670 barrels, and Bonga delivered 106,650 barrels of oil and condensate output. The regulator attributed the sustained performance to improved operational efficiency, higher production uptime, and more effective crude evacuation.
