Nigeria’s three biggest indigenous oil and gas producers Seplat Energy Plc, Oando Plc, and Aradel Holdings Plc pumped a combined 126,314 barrels of crude oil per day in the first half of 2025, a sharp year-on-year increase despite weaker crude prices.
On a barrels-of-oil-equivalent basis, output reached 194,288 boepd, powered by fresh asset acquisitions, improved infrastructure uptime, and tighter operational discipline.
The gains reflect a broader upstream rebound supported by better pipeline reliability and stepped-up security operations, as Nigeria targets raising daily oil production to 3 million barrels from its current ~1.78 million bpd.
