Petroleum Application
There are many petroleum applications for geostatistical models. High resolution 3D models are constructed for recovery calculations in a dynamic simulator. Regional mapping quantifies the uncertainty in the resource over a reasonably large area and guides a number of reservoir management decisions including the valuation of different lease areas, acquisition of new data, sequencing of development and layout of surface facilities. These and other petroleum applications are discussed in these lessons.
Lessons
- Bayesian Updating for Combining Conditional Distributions
- An Application of Bayes Theorem to Geostatistical Mapping (see source code on GitHub)
- Collocated Cokriging (see source code on GitHub)
- Decision Making in the Presence of Geological Uncertainty
- Choosing the Discretization Level for Block Property Estimation
- Permanence of Ratios
- Projection Pursuit Multivariate Transform
- Sequential Indicator Simulation (SIS)
- The Multivariate Spatial Bootstrap
- Sphereing and Min/Max Autocorrelation Factors
- Stratigraphic Coordinate Transformation