Analyst
Definitions
Oil & Volume Units
bbls
Barrels — standard unit of crude oil volume (42 US gallons / ~159 litres)
M bbls
Million barrels — used to measure annual or terminal-level production
bopd
Barrels of Oil Per Day — daily production rate derived from monthly volumes
Cond.
Condensate — ultra-light hydrocarbon liquid produced alongside natural gas
Tn
1,000,000 MMscf of gas — used in this dashboard for cumulative gas totals
Gas Units & Terms
MMscf
Million Standard Cubic Feet — primary unit of natural gas measurement
Bscf
Billion Standard Cubic Feet — 1,000 MMscf; used for larger reserves
AG
Associated Gas — natural gas produced alongside crude oil from the same reservoir
NAG
Non-Associated Gas — gas from dedicated gas reservoirs, not co-produced with oil
Field
Field Use — gas consumed on-site for power, drilling, and operational needs
Regulatory & ESG
NUPRC
Nigerian Upstream Petroleum Regulatory Commission — successor to DPR, regulates upstream operations
Flare
Flaring — combustion of associated gas at the wellhead; measured against ZEFLOC 2030 target
IOC
International Oil Company — multinationals such as Shell, TotalEnergies, and ExxonMobil
NOC
National Oil Company — NNPC Ltd and its subsidiary operating companies
ZEFLOC
Zero Flaring by 2030 — Nigeria's national commitment to eliminate routine gas flaring
Dashboard Terms
YoY
Year-on-Year — percentage change comparing a year to the immediately prior year
Decline
Decline Rate — % reduction in production volume relative to a prior reference period
Util %
Utilization % — share of total gas produced that was sold or used operationally
Term.
Terminal — export facility where oil is metered, stored, and loaded onto tankers
Comm%
Commercialization Rate — proportion of gas produced that is sold or used productively vs flared
Data Source
All production data sourced from official NUPRC Monthly Oil & Gas Production Reports (2020–2026).
Gas data available from 2021 onwards. 2026 figures reflect Jan–May provisional data pending
quarterly reconciliation. This dashboard is an independent analytical tool and is not an official
NUPRC publication.