Nigeria’s five consecutive monthly increase in crude oil output was halted in July 2026, with the country averaging 1.5052Milion Barrels Per Day in the month, compared with the June 2026 production of 1.5552MMBOPD.
The July figures represent 100% of OPEC quota (1.5MMBOPD) and the third best in 2026, but this 50,000BOPD Month-on –Month shortfall is a downer at this time of high optimism.
Nigeria’s highest producing oil fields, including Bonga, Agbami, and Anyala, came up with output that was relatively flat to their June 2026 production.
ExxonMobil’s deepwater Erha field stood out for its output plunge from 65,950BOPD in June to 31,980BOPD in July 2026.
