Crude Oil Production in Nigeria averaged 1859.41 BBL/D/1K from 1973 until 2021, reaching an all time high of 2475 BBL/D/1K in November of 2005 and a record low of 675 BBL/D/1K in February of 1983. This page provides the latest reported value for - Nigeria Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria Crude Oil Production - values, historical data and charts - was last updated on January of 2022.
Crude Oil Production in Nigeria is expected to be 1360.00 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 1420.00 BBL/D/1K in 2023 and 1850.00 BBL/D/1K in 2024, according to our econometric models.