Key facts
- NNPC said output rose on slightly higher crude and natural gas production and flat condensate output.
- NNPC said output remained constrained by unplanned downtime, flowline leaks, community protests, equipment failures and export infrastructure disruptions.
- NNPC reported revenue of $3.4 billion, or 4.608 trillion Nigerian naira, for the month.
- Nigeria's crude output alone averaged 1.53 million bpd in May, a 15-month high, per NNPC's report.
- NNPC executive vice president for upstream Udy Ntia said in November 2025 the company aims to reach 2 million bpd within two years.
NNPC said its total oil and gas production rose to 3.04 million barrels of oil equivalent per day in September from 3.01 million boepd a month earlier, according to its monthly report published the week of November 4, 2026. The state company attributed the increase to slightly higher crude oil and natural gas output and flat condensate production, with some oilfields restarting, including the Obodo oilfield in mining license OML 150.
Revenue came in at $3.4 billion, or 4.608 trillion Nigerian naira, in line with monthly revenue since March, when NNPC said the Iran war and the Strait of Hormuz crisis raised international oil prices.
NNPC said output remained constrained by unplanned downtime tied to facility reliability problems, subsurface issues, flowline leaks, community protests, equipment failures, storage and tank-top limits, and disruptions to export infrastructure.
The report also restated that Nigeria's crude oil output alone reached a 15-month high of 1.53 million bpd in May, the highest since January 2025, with combined crude and condensate at an 11-month high of 1.7 million bpd including 170,446 bpd of condensate. NNPC said Nigeria now produces at its ceiling under OPEC+ agreements after years of falling short because of sabotage, oil theft and spills.
NNPC executive vice president for upstream Udy Ntia said in November 2025 that the company aims to raise oil production to 2 million bpd over the next two years.