Statistics for Petroleum Engineers and Geoscientists

Geostatistics is a common tool in reservoir characterisation. Several texts discuss the subject, however this book differs in its approach and audience from currently available material. Written from the basics of statistics it 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 modeling. This revised edition contains expanded discussions of some materials, in particular conditional probabilities, Bayes Theorem, correlation, and Kriging. The coverage of estimation, variability, and modeling 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 can help petroleum professionals develop more accurate models, leading to lower sampling costs