The country’s drilling performance is contained in the latest crude oil and condensate production data of the Nigerian Upstream Petroleum Regulatory Commission .According to NUPRC data, output fell by 167,564 bpd in July —The commission said with the addition of condensate, Nigeria’s oil production fell to 33.5 million bpd in July from June’s 37.5 million.
Condensate is a mixture of light liquid hydrocarbons, similar to a light crude oil. It is usually separated from a natural gas stream at the point of production when the temperature and pressure of the gas are dropped to atmospheric conditions. Earlier this month, the Organisation of the Petroleum Exporting Countries said Nigeria’s oil production decline made the West African giant
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