1. 16 th Annual Meeting 2002-2003 Stanford Center for Reservoir Forecasting Stanford Center for Reservoir Forecasting

2. The state of SCRF… …is healthy ! Consider Record 19 students Strong funding from more than 20 members Additional funding through projects Effort to use SCRF software by individual members Consider the following statistics from SPE ATCE2002 ½ of all papers in “Geostatistics” section from SCRF 5/6 from SCRF related authors Rami won Ms division student paper contest

3. SCRF 2002-2003 Meetings organized 2002 – 2003 Best-of-SCRF Houston, October 2002, ROXAR Best-of-SCRF Caracas, Postponed to March 2003, PDVSA Annual Meeting, May 8-9, Stanford Optimization Workshop, May 12, Stanford Best-of-SCRF Houston, October 2003, KERR-McGee

4. Petroleum Geostatistics, now Geostatistics Multiple Reservoir models Flexible gridding, Upscaling and History matching Geophysics 3D/4Dseismic Rock physics data Geology Outcrops Concepts Petro-physics Well-logs Flow Simulation, Optimization, Management & Decision Geometry Topology

5. Petroleum Geostatistics, the future Geostatistics Multiple Reservoir models Geophysics 3D/4Dseismic Rock physics data Geology Outcrop s Concept s Petro- physics Well-logs Gridding/Upscale Flexible mesh Effective bl. props. Optimization & Decision Dynamic data History matching Geometry Topology

6. Broad area of topics New algorithms in mp-geostatistics Rethinking on the uncertainty question Building on History matching under geological control Software development Reservoir applications 4D seismic 3D reservoir models Extract relevant patterns Import geo-patterns constrained to well-log and seismic data Import geo-patterns constrained to well-log and seismic data Training imageSimpat realization P1 P2 P6 P5 P4 P3 I1 I2 I3 P1 P2 P6 P5 P4 P3 I1 I2 I3 P1 P2 P6 P5 P4 P3 I1 I2 I3 Initial guess realization Eclipse History match Maintaining Geological realism