Global resource uncertainty using a spatial/multivariate decomposition approach

@inproceedings{Ren2007GlobalRU,
  title={Global resource uncertainty using a spatial/multivariate decomposition approach},
  author={Weishan Ren and O. Leuangthong and Clayton V. Deutsch},
  year={2007}
}
Quantifying uncertainty in petroleum resources is important for development planning and decision making. Increasingly, geostatistical techniques are used to integrate diverse data sources and provide a defensible model of uncertainty. Petroleum resources are calculated from a combination of variables including thickness, porosity and saturation. Uncertainty in global petroleum resources are calculated stepwise: 1) establish the local uncertainty in each variable using a conventional Gaussian… CONTINUE READING

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