Crude Oil Production in Nigeria increased to 1530 BBL/D/1K in September from 1500 BBL/D/1K in August of 2026. Crude Oil Production in Nigeria averaged 1811.85 BBL/D/1K from 1973 until 2026, reaching an all time high of 2475.00 BBL/D/1K in November of 2005 and a record low of 675.00 BBL/D/1K in February of 1983. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Nigeria is expected to be 1550.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Crude Oil Production is projected to trend around 1615.00 BBL/D/1K in 2027 and 1700.00 BBL/D/1K in 2028, according to our econometric models.