159 million barrels of oil produced in four months – NUPRC

Nigeria produced 159,158,191 barrels of crude oil in the first four months of 2024; data by the Nigerian Upstream Petroleum Regulatory Commission has shown.

According to the NUPRC data, 44.2 million barrels of crude were produced in January, with an average daily production of 1.42 million barrels per day.

In February, the country pumped 38.3 million barrels of oil at an average of 1.32mbpd.

Similarly, 38.1 million barrels were produced in March, when the country’s daily output slumped to 1.23mbpd.

Our correspondent gathered that the daily oil production rose marginally to 1.28mbp in April, while the monthly production was 38.4 million barrels.

In the same period in 2023, the country’s total oil output from January to April was 144.8 million barrels, 14.3 million lower than what was recorded in 2024.

However, during the first four months of 2020, the country produced 215.2 million barrels of crude oil, 56 million barrels more than what was obtained within the same period this year.

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