Geovariances, Estimages launch moving geostatistics consortium

Group to apply patented parameter optimization technology to oil and gas vertical.

Two French geostatistical boutiques, Geovariances and Estimages have opened the Moving-GeoStatistics (M-GS) Consortium for sponsorship. M-GS, an R&D project that targets the oil and gas industry, plans to leverage Estimages’ patented ‘moving geostatistics’ technique for local optimization of geostatistical parameters. It is claimed that the M-GS approach offers more realistic geological models and better assessment of uncertainty. M-GS spatially optimizes structural and computational variables as a set of dependent parameters. The process may be guided by objective or subjective criteria and is claimed to better align geostatistical models with the data.

The Consortium is to develop an automated parameter optimization process, algorithms for interpolation of anisotropy orientations and the implementation of a new ‘mathematical morphology’ approach. The geostatistical theory will be developed in partnership with the Geostatistics Group and the Centre for Mathematical Morphology of Mines, ParisTech. M-GS is scheduled to run for two 2 years. More on M-GS from, from and

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