Production Data

Nigeria's oil and gas production statistics and trends.

2023

Oil Production

Average Daily Production

1.4 million bpd

Annual Value

$45.2 billion

Trend:stable

Natural Gas Production

Average Daily Production

2.5 Bcf/day

Annual Value

$8.3 billion

Trend:growing

2024

Oil Production

Average Daily Production

1.6 million bpd

Annual Value

$52.8 billion

Trend:growing

Natural Gas Production

Average Daily Production

2.8 Bcf/day

Annual Value

$9.1 billion

Trend:growing