Demonstrating how rock physics can be applied to predict reservoir parameters, such as lithologies and pore fluids, from seismically derived attributes, this volume provides an integrated methodology and practical tools for quantitative interpretation, uncertainty assessment, and characterization of subsurface reservoirs. Including problem sets and a case-study for which seismic and well-log data and Matlab codes are provided on the Internet (http: //publishing.cambridge.org/resources/0521816017), the book is intended for students of petroleum geoscience as well as professionals in the field

Gathering the right kind and the right amount of information is crucial for any decision-making process. This book presents a unified framework for assessing the value of potential data gathering schemes by integrating spatial modelling and decision analysis, with a focus on the Earth sciences. The authors discuss the value of imperfect versus perfect information, and the value of total versus partial information, where only subsets of the data are acquired. Concepts are illustrated using a suite of quantitative tools from decision analysis, such as decision trees and influence diagrams, as...