Nigeria, April 2 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria's total oil and condensate reserves stood at 37.01 billion barrels as of 1 January 2026, while gas reserves rose to 215.19 trillion cubic feet (TCF).

The figures were disclosed in a statement issued on Wednesday and signed by the commission's Chief Executive, Oritsemeyiwa Eyesan.

According to the declaration, made in line with the Petroleum Industry Act (PIA) 2021, crude oil reserves were estimated at 31.09 billion barrels, while condensate reserves stood at 5.92 billion barrels.

For gas, associated gas reserves were put at 100.21 TCF, while non-associated gas reserves stood at 114.98 TCF.

The commission also placed the reserves life index a...