The petroleum industry is enduring difficult financial times because of the continuing depressed price of crude oil on the world market. This has caused major corporate restructuring and reductions in staff throughout the industry. Because oil exploration must now be done with fewer people under more difficult economic constraints, it is essential that the most effective and efficient procedures be used. Computing Risk for Oil Prospects describes how prospect risk assessment — predicting the distribution of financial gains or losses that may result from the drilling of an exploration well — can be done using objective procedures implemented on personal computers. The procedures include analyses of historical data, interpretation of geological and geophysical data, and financial calculations to yield a spectrum of the possible consequences of decisions. All aspects of petroleum risk assessment are covered, from evaluating regional resources, through delineating an individual prospect, to calculation of the financial consequences of alternative decisions and their possible results. The bottom lines are given both in terms of the probable volumes of oil that may be discovered and the expected monetary returns. Statistical procedures are linked with computer mapping and interpretation algorithms, which feed their results directly into routines for financial analysis. The programs in the included library of computer programs are tailored to fit seamlessly together, and are designed for ease and simplicity of operation. The two diskettes supplied are IBM compatible. Full information on loading is given in Appendix A - Software Installation. Risk I diskette contains data files and executables and Risk 2 diskette contains only executables. The authors contend that the explorationist who develops a prospect should be involved in every facet of its analysis, including risk and financial assessments. This book provides the tools necessary for these tasks.

The book introduces procedures for simulating migration and entrapment of oil in three dimensions in sequences of sandstones and shales. A principal purpose is to show how simulation experiments can represent oil migration routes and predict places where oil may be trapped in sandstones and intercalated shales. The book derives the differential equations used to represent three-dimensional motions of porewater and oil in sedimentary sequences, and shows how the equations may be transformed into finite form for numerical solution with computers. There is emphasis on the graphic display of solutions, and results of example theoretical and actual applications are presented. The book is directed to geologists who have backgrounds in mathematics and computing and who are engaged in oil exploration and production.

Economic Risk in Hydrocarbon Exploration provides a total framework for assessing the uncertainties associated with exploration risk from beginning to end. Numerous examples with accompanying microcomputer algorithms illustrate how to quantitatively approach economic risk. The text compares detailed assumptions and models of economic risk, and presents numerical examples throughout to facilitate hands-on calculations using popular spread-sheet packages on personal computers. Covers economic risk from exploration through production models Brings methods to a level where all can be done on a PC Analyzes numerical examples from the real world Removes "mystery" from how economics is done Addresses assumptions in models and shows how they influence projections

Modeling and simulation were introduced to the earth sciences about four decades ago. Modeling has proven its worth and now it is an accepted procedure for analyzing and solving geological problems. The papers in this collection are focused on modeling sediment deposition and sedimentary sequences and have a decidedly practical flavor. Some of the leading simulation packages, such as CORRELATOR, SEDFLUX, SEDpak, SEDSIM, STRATA, and STRATSIM are applied to problems in hydrocarbon exploration, oil production, groundwater development, coal-bed appraisal, geothermics, and environmental diagnosis. All of these subjects fall under the broad heading of sedimentary basin analysis. The fifteen papers in this volume are written by internationally recognized experts from academia and industry. The contributions represent the status of geologic modeling and simulation at the start of the 21st century, and will give the reader an insight into current research problems and their possible solutions.

This book will help structural geologists keep abreast of rapid changes in work practices resulting from the personal computer revolution. It is organized into six parts: I Computer-Aided Learning; II Microstructural Analysis; III Analysis of Orientation Data; IV Strain and Kinematic Analysis; V Mathematical and Physical Modeling; VI Structural Mapping and GIS. The 45 contributing authors explain how to: set up computer-aided teaching and learning facilities on a low budget; illustrate tectonic strain concepts with a drawing program; integrate multimedia presentations into structural coursework; analyze microstructures with computer-aided microscopy; produce sophisticated stereonets with custom software for both the Mac and IBM PC; evaluate orientation data using a spreadsheet program; model the development of macrostructures and microstructures numerically; integrate structural and geophysical data; and apply PC technology to the production of structural maps, cross sections, and block diagrams. The editor's own contributions reveal the inner workings of his renowned structural research applications which are used in hundreds of universities worldwide. Commercial and non-commercial applications of particular interest to structural geologists are reviewed.This volume will prove an invaluable resource for professors, instructors, and research students, as well as research scientists in the public services and exploration industries. If you are such a person, have you lectured with the aid of a gyroscopic mouse? Or used Bézier curves to model heterogeneous deformation? Or analyzed a fold structure using a digital terrain model? If not, you'll need to rush out and buy this book before the next wave of new technology hits!

The Encyclopedia of Mathematical Geosciences is a complete and authoritative reference work. It provides concise explanation on each term that is related to Mathematical Geosciences. Over 300 international scientists, each expert in their specialties, have written around 350 separate articles on different topics of mathematical geosciences including contributions on Artificial Intelligence, Big Data, Compositional Data Analysis, Geomathematics, Geostatistics, Geographical Information Science, Mathematical Morphology, Mathematical Petrology, Multifractals, Multiple Point Statistics, Spatial Data Science, Spatial Statistics, and Stochastic Process Modeling. Each topic incorporates cross-referencing to related articles, and also has its own reference list to lead the reader to essential articles within the published literature. The entries are arranged alphabetically, for easy access, and the subject and author indices are comprehensive and extensive.

Most geoscientists are aware of recent IT developments, but cannot spend time on obscure technicalities. Few have considered their implications for the science as a whole. Yet the information industry is moving fast: electronic delivery of hyperlinked multimedia; standards to support interdisciplinary and geographic integration; new models to represent and visualize our concepts, and control and manage our activities; plummeting costs that force the pace. To stay on course, the scientist needs a broad appreciation of the complex and profound interactions of geoscience and IT, not previously reviewed in a single work.The book brings together ideas from many sources, some probably unfamiliar, that bear on the geoscience information system. It encourages readers to give thought to areas that, for various reasons, they have taken for granted, and to take a view on forces affecting geoscience, the consequences for themselves and their organisations, and the need to reconsider, adapt and rebuild.Practicing geoscientists with a general interest in how IT will affect their work and influence future directions of the science; geoscientists familiar with IT applications in their own specialist field who need a broader perspective; and students or educators specializing in IT applications in geoscience who require a top-down overview of their subject will find this title valuable. The IT background from this book should help geoscientists build a strategy for the new century.