Nigeria Reaches 2 Million Barrels per Day capacity Crude Oil Production Amid Efforts to Curb Theft – NUPRC

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Nigeria has now reached a production capacity of 2 million crude oil barrels per day (bpd), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced Thursday. While still slightly below the federal government’s 2025 target of 2.2 million bpd, the milestone underscores significant progress in the country’s oil sector.

The NUPRC attributed the achievement to several strategic initiatives, including the 1-million-barrel project, metering audits, restoration of shut-in wells, increased rig counts, improved facility uptime, and the creation of alternative crude evacuation mechanisms. These measures have enabled Nigeria to meet its OPEC quota and maintain steady output despite global market challenges.

The Commission emphasized its commitment to fully unlocking Nigeria’s oil potential by working closely with industry stakeholders—operators, service providers, rig owners, off-takers, and financiers. NUPRC noted that improved operating conditions and social inclusion in oil-producing areas have been central to sustaining production growth.

Addressing recent media reports alleging massive oil theft losses, the NUPRC clarified that such claims misinterpreted statistics from 2021 to July 2025. According to the Commission, daily crude losses have dropped to 9,600 barrels per day—the lowest since 2009—reflecting a more than 90% reduction from the 102,900 bpd lost when the agency was established. These figures have been corroborated by the National Bureau of Statistics, which also linked Nigeria’s 4.23% economic growth to increased oil output and other key sectors.

The Commission credited the decline in oil theft to collaborative efforts with the Office of the National Security Adviser, the military, operators, and other stakeholders. Through combined kinetic and non-kinetic strategies, Nigeria has significantly improved security in the oil sector, demonstrating the potential for sustained production growth and increased investor confidence.

source: daily trust

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