Cumulative National Performance
Total Oil Produced
—
2020–2026 cumulative
Total Gas Produced
—
2021–2026 cumulative
Gas Commercialization
—
2021–2026 cumulative
Gas Flare Rate
—
2021–2026 cumulative
Key Insights
🔴
Production peaked in 2020
Output hit 671M bbls and has declined 17.7% by 2025, driven by crude theft and pipeline disruption.
📉
Condensate in structural decline
Volumes fell 47.4% between 2020 and 2025, signalling field maturation at key deepwater assets.
🏭
Forcados leads all terminals
Surpassed Bonny as Nigeria's top export terminal with 528M bbls — 14.6% of total output.
🔥
Flaring declining but off-target
Rate fell from 9.2% to 6.8% since 2021 — reaching 0% by 2030 requires 3× the current pace.
♻️
Gas commercialization improving
Rate rose from 90.3% in 2021 to 92.7% in 2026, reflecting growing gas capture infrastructure.
🌍
Exports dominate gas use
Export sales account for 40.7% of utilized gas vs 27.4% for domestic — domestic market underdeveloped.
Production Visuals
Oil Type Split
Gas Utilization vs Flaring Trend
Annual Oil & Gas Production Trend