Top 10 Statistics Terms To Know

Top 10 Statistics Terms To Know

Data Science, General, Geostatistics, Machine Learning, Petroleum Engineering, Statistics, Workshops
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) Hey everyone! We think that statistics concepts can sometimes be intimidating and seemingly esoteric. However, we know that it doesn’t need to be. One thing we wanted to do was simplify some of the commonly used statistics vocab and to “Explain Like I’m 5” definitions. Below are a…
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A 10,000 ft. [Subsurface] View on Why You Should Learn Geostatistics

Data Science, Geoscience, Geostatistics, Subsurface , , , ,
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) Statistics provide quantitative lens for a new perspective on subsurface data and to better understand subsurface uncertainty. Learning Geostatistics will help you leverage: Deductive Statistics – Pooling data for the purpose of quantification of univariate, multivariate and spatial phenomenon Inferential Statistics – Methods to make inferences concerning the…
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Let’s Get Technical, Technical – Criteria for Facies / Rock Types in Subsurface Modeling

Engineering, Geoscience, Geostatistics, Petroleum Engineering, Reservoir Modeling , , , , ,
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) After the last lengthy post, this one is short, sweet, [slightly] technical, and vintage... As you can imagine, Facies / Rock type is an important decision for subsurface modeling. Below are a few comments, perspectives, and criteria on the topic. Comments and Perspectives: - When contemplating facies, the…
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Uncertainty for Geoscientists, Data Scientists, and Engineers

Engineering, General, Geoscience, Geostatistics, Petroleum Engineering, Statistics , , , ,
Michael Pyrcz, PhD, P.Eng (daytum Founding Advisor) What is Subsurface Uncertainty? Uncertainty is not an intrinsic property of the subsurface. At every location (uα) within the volume of interest the true properties could be measured if we had access (facies, porosity etc.). Uncertainty is a function of our ignorance, our inability to observe and measure…
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daytum = Energy.Data.Education.

Data Science, General, Geoscience, Geostatistics, Petroleum Engineering, Reservoir Modeling, Statistics
daytum is a data science education company completely focused on the energy industry. Our mission is to help bridge the culture and knowledge gaps between the technology and the energy-focused communities and to create unicorns: energy industry specialists with a deep knowledge of programming, statistics, data analytics and data science. daytum was founded by Dr.…
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