Petroleum Acronyms
OIL & GAS GLOSSARY
HomeGlossarySubmitAbout
Home/Glossary/ITC
Category
Commercial & Finance
In This Category
IS&TISTISTCIST NAGPITDWITIMITSIVB
Commercial & Finance

ITC

Definition

Indicated Total Cost

ITC means Indicated Total Cost.

The estimated total cost of a project or activity as currently forecasted.

✓ Verified term
Suggest a correction

You might also be looking for

TCU
Tubing Control Unit
XYC
X-Y Caliper
UTHCP
Under-Tubing Head Casing Pressure
SSIC
Subsea Injection Control
IDR
Incentive Distribution Right
Petroleum Acronyms

The comprehensive reference for oil and gas acronyms, abbreviations, and petroleum industry terminology. Used by engineers, geologists, and industry professionals worldwide.

Quick Links

  • Browse Glossary
  • Submit a Term
  • About
  • Contact
  • Privacy Policy
  • Terms of Use

Guides

  • Acronyms 101
  • Drilling Acronyms
  • HSE Terminology
  • Reservoir Engineering
  • Upstream / Midstream / Downstream

Categories

  • Drilling & Wells
  • HSE & Risk
  • Production & Operations
  • Reservoir & Subsurface
  • Marine & Logistics
© 2026 Petroleum Acronyms. All rights reserved.This website is an independent reference resource for oil and gas terminology. Company names and trademarks mentioned belong to their respective owners and are used solely for identification and informational purposes. No affiliation or endorsement is implied.