Building And Ranking Of Geostatistical Petroleum Reservoir Models

Techniques in Geostatistics are increasingly being used to generate reservoir models and quantify uncertainty in reservoir properties. This is achieved through the construction of multiple realizations to capture the physically significant features in the reservoir. However, only a limited number of these realizations are required for complex fluid flow simulation to predict reservoir future performance. Therefore, there is the need to adequately rank and select a few of the realizations for detailed flow simulation. This thesis presents a methodology for building and ranking equiprobable re…