Nigeria’s oil output in October fell below its assigned quota of 1.5 million barrels per day for the third consecutive month, according to data from the Organization of Petroleum Exporting Countries, despite the country making progress towards enhancing oil production.
In its latest monthly report on Tuesday, OPEC said Nigeria’s oil output rose to 1.4 million barrels per day in October, representing a 0.72 percent increase from 1.39 million barrels per day in the previous month. The country had drilled 1.39 million barrels per day and 1.43 million barrels per day of crude in September and August respectively.
The Association said its figures were derived from direct communication with Nigerian authorities. OPEC normally sources its crude oil output data from two channels including direct communication from member countries and secondary sources such as energy intelligence platforms.
Despite falling short of its quota based on direct communication data, the group said data from secondary sources estimated Nigeria’s crude oil production at 1.506 million barrels per day in October, representing a 1.01 percent rise from the 1.491 million barrels per day recorded in September. With the current production level, Nigeria maintained its position as Africa’s leading oil producer, followed closely by Libya, which recorded an output of 1.35 million barrels per day.
Total DoC crude oil production averaged 43.02 million barrels per day in October 2025, which is 73 thousand barrels per day lower month-over-month, OPEC said, citing secondary sources.
On November 3, the Nigerian National Petroleum Company Limited said the country remains on track to increase crude oil production to two million barrels per day by 2027 and three million barrels per day by 2030. The Nigerian Upstream Petroleum Regulatory Commission had said the 2025 oil block licensing bid round would commence by December 1, with the move aimed at increasing production by an additional one million barrels, according to Gbenga Komolafe, the chief executive officer of the regulatory commission.
Source: orientalnewsng.com