Petroleum Acronyms

OIL & GAS GLOSSARY

Commercial & Finance

IPS

Definition

Integrated Plant Services

ips means Integrated Plant Services. Umbrella term for set of service contracts

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WIPSP

Wireline Perforating System Program

SIPES

Society of Independent Professional Earth Scientists

3PS

3rd Party Staffing

UPB

Upper Packer Bore

PIIP

Petroleum Initially in Place