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Oil, Condensate Output Drop To 1.5mbpd In September, Production Hindered By Workers’ Strike

LEADERSHIP News by LEADERSHIP News
8 months ago
in Business
crude oil
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Crude oil and condensates production for the month of September 2025 fell to an average of 1.581 million barrels per day, according to official statistics released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Saturday, October 11.The 1.581 million barrels per day average production in September comprises 1.39 million bopd of crude oil and 191,373 bopd of condensate. The NUPRC attributed the development to the three-day industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), which resulted in the shutdown of some production and export facilities.

The Commission also noted that two strategic facilities had a scheduled turnaround maintenance which led to a reduction in overall production.

In September, the industry recorded total crude oil and condensate production of 47.43 million barrels which reflects a modest 1.61 per cent year-on-year increase in average daily crude oil and condensate production year on year.

This is a slight improvement over the 1.55 million bopd recorded in the same month of 2024, an uptick that suggests incremental progress.

However, when measured on a month-on-month basis, crude oil and condensate production slightly dropped by 3.09 per cent in September 2025, compared to the 1.63 million bopd recorded in August 2025. Despite the glitches experienced during the period, average crude oil production in September stood at 93 per cent of the OPEC quota of 1.5 million bopd.

During the review month, peak combined crude oil and condensate production hit 1.81 million bopd, while the lowest was 1.35 million bopd.

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Analysis of production by the top eight streams shows Forcados Blend accounted for 15.86 per cent of total production, while Bonny Light accounted for 13.31 per cent of September production. QUA IBOE was third accounting for 9.88 per cent; ESCRAVOS Light contributed 8.96 per cent, while BONGA Crude delivered 6.83 per cent of production in the review month. AGBAMI Condensate accounted for 4.94 per cent; ERHA Crude accounted for 4.55 per cent, while Amenam Blend accounted for 4 2 per cent of production.

 

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