Geostatistics is a common tool in reservoir characterization. Written from the basics of statistics, this book covers only those topics that are needed for the two goals of the text: to exhibit the diagnostic potential of statistics and to introduce the important features of statistical modelling. This revised edition contains expanded discussions of some materials, in particular conditional probabilities, Bayes Theorem, correlation, and Kriging. The coverage of estimation, variability, and modelling applications have been updated. Seventy examples illustrate concepts and show the role of geology for providing important information for data analysis and model building. Four reservoir case studies conclude the presentation, illustrating the application and importance of the earlier material. This book aims to help petroleum professionals develop more accurate models, leading to lower sampling costs. It is an ideal book for petroleum engineers, geoscientists, hydrologists, and faculty and students in these and related fields.

Practical Reservoir Characterization expertly explains key technologies, concepts, methods, and terminology in a way that allows readers in varying roles to appreciate the resulting interpretations and contribute to building reservoir characterization models that improve resource definition and recovery even in the most complex depositional environments. It is the perfect reference for senior reservoir engineers who want to increase their awareness of the latest in best practices, but is also ideal for team members who need to better understand their role in the characterization process. The text focuses on only the most critical areas, including modeling the reservoir unit, predicting well behavior, understanding past reservoir performance, and forecasting future reservoir performance. The text begins with an overview of the methods required for analyzing, characterizing, and developing real reservoirs, then explains the different methodologies and the types and sources of data required to characterize, forecast, and simulate a reservoir.