Geostatistics-related Software Packages for Reservoir Analysis
Article by Geovariances -
Exploration & Production - Oil & Gas Review - Volume 7 Issue II
In the last few years, finding sufficient oil and gas volumes to supply the increasing worldwide demand has been a challenge for the industry. Resources are generally deeper and exploration is progressively becoming more expensive and more complex. In this context, state-of-the-art technologies are essential for efficient decision-making. Geostatistics is part of this needed technology as it offers the sound technology required to achieve the expected level of confidence in reservoir models while rating the risks attached to them.


