The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said crude oil production declined by 5 per cent in February 2025 to an average of 1.67million barrels per day (bopd) from an average of 1.73 million bopd in January 2025.
In January, average crude oil production was 98 per cent of the 1.5million bopd Organisation of Petroleum Exporting Countries (OPEC) quota for the country.
This was contained in NUPRC document titled: “Crude Oil and Condensate Production February 2025.”
“The average crude oil production was 98 per cent of OPEC quota (1.5mbpd).”
NUPRC said in February, the country produced 57,132 bopd of blended condensate and 149,816bopd of unblended condensate.
In January, NUPRC said Nigeria exceeded the OPEC quota by 3 per cent when it produced 1.73bopd.
