This second edition of one of the best-selling books on geostatistics provides through updates from two authoritative authors with over twenty years of experience in the field. It removes information and data that have lost relevance with time while maintaining timeless, core methods and integrating them with new developments to the field. The authors employ an applied focus on new aspects of geostatistics, including kernal methods, extreme values geostatistics, and modeling in geo-chronologic space. It can be used as a reference book for geostatisticians, physicists, and earth scientists in both industry and academia and as a supplemental text in related couses at the Ph.D level.