Drilling & Wells

IPA meaning in oil and gas

Definition

Initial Production Area

IPA means Initial Production Area. Refers to the original production area in Prudhoe Bay Alaska. An obsolete and relatively meaningless term, as no clear definition of what the original production area was exists any…

Refers to the original production area in Prudhoe Bay Alaska. An obsolete and relatively meaningless term, as no clear definition of what the original production area was exists any longer, or is of any value.

✓ Verified term