Moving beyond single best guesses in frontier petroleum exploration
Stochastic time-depth conversion of seismic horizons by geostatistical tools to produce probabilistic models of gross rock
Gibb, Paul & MASOUDI, Pedram & Mooney, Ryan. (2025).
Stochastic time-depth conversion of seismic horizons by geostatistical tools to produce probabilistic models of gross rock.
Abstract
Exploration of frontier petroleum systems requires robust estimation of subsurface geometry and associated uncertainties. Traditional deterministic workflows, interpretation, velocity modelling, time-depth conversion, and volumetrics, provide a single best-estimate outcome, but do not fully characterise uncertainty propagation from seismic interpretation and sparse well control into prospect risk.
We present an integrated stochastic workflow using geostatistical methods (Bayesian kriging with external drift and multiple-realization simulation) to produce probabilistic depth horizons and probabilistic gross rock volume (GRV) estimates. This quantifies the range of plausible outcomes and highlights where new data could most effectively reduce uncertainty.
Key words
Stochastic time-depth conversion, Bayesian kriging with external drift, probabilistic gross rock volume (GRV), velocity model uncertainty, geostatistical simulation, spill-point analysis, faulted time surfaces, volumetric uncertainty, petroleum exploration, reservoir characterization