Applied Statistical Modeling and Data Analytics: A Practical Guide for the Petroleum Geosciences provides a practical guide to many of the classical and modern statistical techniques that have become established for oil and gas professionals in recent years. It serves as a "how to" reference volume for the practicing petroleum engineer or geoscientist interested in applying statistical methods in formation evaluation, reservoir characterization, reservoir modeling and management, and uncertainty quantification.
Beginning with a foundational discussion of exploratory data analysis, probability distributions and linear regression modeling, the book focuses on fundamentals and practical examples of such key topics as multivariate analysis, uncertainty quantification, data-driven modeling, and experimental design and response surface analysis. Data sets from the petroleum geosciences are extensively used to demonstrate the applicability of these techniques. The book will also be useful for professionals dealing with subsurface flow problems in hydrogeology, geologic carbon sequestration, and nuclear waste disposal.
Applied Statistical Modeling and Data Analytics: A Practical Guide for the Petroleum Geosciences provides a practical guide to many of the classical and modern statistical techniques that have become established for oil and gas professionals in recent years. It serves as a "how to" reference volume for the practicing petroleum engineer or geoscientist interested in applying statistical methods in formation evaluation, reservoir characterization, reservoir modeling and management, and uncertainty quantification.
Beginning with a foundational discussion of exploratory data analysis, probability distributions and linear regression modeling, the book focuses on fundamentals and practical examples of such key topics as multivariate analysis, uncertainty quantification, data-driven modeling, and experimental design and response surface analysis. Data sets from the petroleum geosciences are extensively used to demonstrate the applicability of these techniques. The book will also be useful for professionals dealing with subsurface flow problems in hydrogeology, geologic carbon sequestration, and nuclear waste disposal.
1. Basic Concepts2. Exploratory Data Analysis3. Distributions and Models Thereof4. Regression Modeling and Analysis5. Multivariate Data Analysis6. Uncertainty Quantification7. Experimental Design and Response Surface Analysis8. Data-Driven Modeling9. Concluding Remarks
The essential reference for geoscientists and engineers who apply statistical modeling and data analytics techniques to solve petroleum industry challenges
Dr. Srikanta Mishra is Institute Fellow and Chief Scientist
(Energy) at Battelle Memorial Institute, where he leads
computational modeling and data analytics activities for geologic
carbon storage, shale gas and oil development, and improved oil
recovery projects. He joined Battelle in 2010 after a distinguished
20+ year career in geosystems consulting and applied research,
including an appointment as adjunct professor of Petroleum
Engineering at the University of Texas at Austin. He holds a PhD
degree from Stanford University, an MS degree from University of
Texas and a BTech degree from Indian School of Mines – all in
petroleum engineering.
Drs. Mishra and Datta-Gupta have published extensively on the
topics covered in this book, and have taught short courses at
professional society meetings and client locations all over the
world. Dr. Akhil Datta-Gupta is Regents Professor, University
Distinguished Professor, and Peterson ‘36 Chair in petroleum
engineering at Texas A&M University. He directs the “Model
Calibration and Efficient Reservoir Imaging Joint Industry Project
carrying out research on statistical modeling, multiphase flow
simulation and inverse modeling of reservoir data. Dr. Datta-Gupta
joined Texas A&M in 1994 after a brief industry career and was
elected to the US National Academy of Engineering in 2012. He holds
PhD and MS degrees from University of Texas and a BTech degree from
Indian School of Mines – all in petroleum engineering.
Drs. Mishra and Datta-Gupta have published extensively on the
topics covered in this book, and have taught short courses at
professional society meetings and client locations all over the
world.
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