See the Top 9 oil producing states in Nigeria. It will interest you to know that not all the states in Nigeria produces oil. Again, some states produces oil far greater than other states among the 9 oil producing states.
In this post, you will see the top 9 oil producing states in Nigeria according to the quantity of oil produced in barrels.
1. Akwa Ibom – 504,000 barrels per day (1st)
2. Delta – 346,000 bpd (2nd)
3. Rivers – 344,000 bpd (3rd)
4. Bayelsa – 290,000 bpd (4th)
5. Ondo – 60,000 bpd (5th)
6. Lagos – 40,000 bpd (6th)
7. Edo – 33,000 bpd (7th)
8. Imo – 17, 000 bpd (8th)
9. Abia – 11,000 bpd (9th)
Note: i. Akwa Ibom, Delta, Rivers, Bayelsa, produces 90.1% of Nigeria’s total crude oil.
ii. Oil wells in Cross River were ceded to Akwa Ibom after Cameroon took over Bakassi.
iii. 13% Derivation is the amount of monthly revenue allocated to each oil producing state based on the volume of crude oil produced. It is 13% of total revenue generated.
Oil production Figures
National Production = 1,605,000 barrels per day (One Million, 605 Thousand barrels) as at timing of report.
Current Production hovers around 2.5-2.7 Million barrels per day
Total National Oil reserves 37.2 Billion Barrels
However, there are emerging oil producing states based on the fact that, oil have been found in those states.
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