Following the successful conferences held in Cascais (Portugal) in 2007 and Toulouse (France) in 1999, this event will review the latest developments and applications of Geostatistics in the petroleum industry. Integration of well, geophysical and dynamic data are expected to be important subjects, together with the use of Geostatistics for representing geology and quantifying uncertainties associated with 3D Earth Models. Discussions are also expected on the relationships between Geostatistics and topics such as Inverse Problems, Bayesian Techniques and Image Analysis.