See the list of Nigerian states with highest crude oil output per barrel per day

3 weeks ago 13
  • As a starring oil-producing state successful Africa, immoderate Nigerian states lend to the summation successful the country’s lipid output
  • Nigeria precocious surpassed its OPEC quota by implicit 70,000 and aims to summation its lipid output to 2.4 cardinal barrels per day
  • According to information from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), immoderate oil-producing states lend immensely

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

One of Africa’s starring oil-producing countries, Nigeria has crude lipid arsenic the fulcrum of its economy.

Nigeria’s Niger Delta portion boasts respective oil-rich states, contributing to the country’s regular output.

Nigeria to summation   crude lipid  productionPresident Bola Tinubu's authorities aims to summation crude lipid production. Credit: Bloomberg/Contributor
Source: Getty Images

Nigeria surpasses OPEC Quota

Recently, the state surpassed its OPEC quota by implicit 70,000 barrels per day, lending credence to accrued crude lipid accumulation successful Nigeria.

While the lipid manufacture has generated economical benefits specified arsenic investments, jobs and authorities revenue, the assemblage besides faces respective challenges.

Nigeria has revealed that it wants to summation lipid output to 2.4 cardinal barrels regular by the extremity of 2025 owed to enhanced information and improved pipeline surveillance.

The Nigerian lipid manufacture has besides experienced improved concern and accrued divestment from lipid majors.

Shell sells its onshore assets

A previous report by Legit.ng reported that the Ressanssance Group completed the acquisition of Shell Nigeria Development Limited’s onshore assets for $2.5 billion.

The transaction volition present spot Shell rebranded arsenic Renaissance Africa Energy Company Limited. 

The acquisition marks the extremity of Shell’s astir 100 years of operations successful Nigeria’s onshore lipid and gas. It is portion of a much important exit by overseas vigor firms from Nigeria, including Exxon Mobil, Eni, and Equinor.

Shell’s merchantability to Renaissance, which comprises 5 companies, was disclosed successful January. However, the woody was blocked successful October past twelvemonth by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). 

NUPRC cited Renaissance's deficiency of capableness to negociate Shell’s monolithic assets, including 6.73 cardinal barrels of lipid and condensates and 56.27 trillion cubic feet of gas.

Last December, Shell said it received support from Nigeria’s curate of authorities for petroleum resources (Oil), Heineken Lokpobiri, for the $2.4 cardinal merchantability of onshore and shallow-water assets to the group.

BusinessDay reports that connected Thursday, March 13, 2025, Tony Attah, managing manager and CEO of Renaissance, disclosed the acquisition’s completion. According to Attah, the imaginativeness is to beryllium Africa’s apical lipid and state firm, powering vigor information and industrialisation. 

He expressed joyousness aft the Nigerian authorities greenlighted the acquisition successful enactment with the Petroleum Industry Act (PIA).

According to experts, the lipid manufacture is capital-intensive, providing comparatively fewer jobs compared to manufacturing oregon agriculture. As a result, these oil-producing states acquisition precocious unemployment rates, fueling vexation and societal unrest among young people.

Top-oil-producing states per barrel

Nigeria's oil-producing states and barrels per dayNigeria's crude oil-producing states and their barrels per day Credit: Novatis
Source: Getty Images

Data by the Nigerian Upstream Petroleum Regulatory Authority (NUPRC) shows that Nigerian states with the highest crude lipid output per barrel.

  • Akwa Ibom - 504,000 barrels daily
  • Delta - 346,000 barrels daily 
  • Rivers - 344,000 barres daily
  • Bayelsa - 290,000 barrels daily
  • Ondo - 90,000 barrels per day
  • Lagos - 40,000 barrels per day
  • Edo - 33,000 barrels per day
  • Imo - 17,000 barrels per day
  • Abia - 11,000 barrels per day
  • Anambra - 3,000 barrels per day

Vessels carrying Nigerian lipid cargoes stranded astatine sea

Legit.ng earlier reported that Nigeria’s lipid assemblage faces a beardown situation arsenic 12 March-loading crude cargoes stay stranded astatine oversea and unsold, showing the anemic request for the country’s exports.

According to traders, arsenic of March 10, 2025, buyers for the consignments were inactive being sought.

The dilatory income travel arsenic Nigerian crude faces beardown contention from Kazakh-origin airy sour CPC Blend, US Western Texas Intermediate (WTI) and the Mediterranean saccharine crudes successful Europe.

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Source: Legit.ng

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