Oil production hit 1.235m barrels in Dec 2022 – NUPRC

Marcus Amudipe
Marcus Amudipe

 

The Nigerian Upstream Petroleum Regulatory Commission stated on Sunday that crude oil production in Nigeria increased to 1.235 million barrels per day in December 2022, the highest output since March, when the country produced 1.237 million barrels per day.

According to figures received from the commission in Abuja, oil output jumped from 1.185mbpd in November to 1.235mbpd in December, indicating that the Federal Government’s and security agencies’ efforts to combat oil theft were paying off.

Nigerian crude oil production fell to 0.937 million barrels per day in September of last year, the lowest level in several years.

The drop in oil production was blamed to pipeline vandals and oil thieves in the Niger Delta, which also caused some foreign corporations to leave Nigeria.

According to the NUPRC, crude oil production without blended or unblended condensates was 1.398mbpd, 1.257mbpd, 1.237mbpd, 1.219mbpd, 1.024mbpd, and 1.158mbpd in January, February, March, April, May, and June, respectively.

The oil production figures for July, August, September, October, November, and December were 1.08mbpd, 0.972mbpd, 0.937mbpd, 1.014mbpd, 1.185mbpd, and 1.235mbpd, respectively.

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