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

• An Application of Bayes Theorem to Geostatistical Mapping (see source code on GitHub)
• Bayesian Updating for Combining Conditional Distributions
• Stratigraphic Coordinate Transformation
• The Multivariate Spatial Bootstrap
• Decision Making in the Presence of Geological Uncertainty
• Permanence of Ratios
• Sequential Indicator Simulation (SIS)
• Choosing the Discretization Level for Block Property Estimation
• Collocated Cokriging (see source code on GitHub)
• Sphereing and Min/Max Autocorrelation Factors
• Projection Pursuit Multivariate Transform