The wavelet transform (WT) is used to analyze and characterize well-logs in
location and scale. In the WT domain, a well-log can be decomposed into de
terministic and statistical components. The deterministic component consist
s of smooth WT coefficients at the largest scale and large WT coefficients
at the rest of the scales. The remaining coefficients represent the statist
ical component which can be modeled as a fractional Brownian motion (FBM).
A well-log is used to illustrate this decomposition. To test the fractal mo
del, we have used both 1-D and 2-D wavelet transforms to simulate FBM proce
sses. These simulated FBM series look like well-logs, which verifies the pr
oposed approach. Both orthogonal and continuous WT's are used for analyzing
fractal parameters of FBM processes. The orthogonal WT is used to compute
a fractal parameter for a particular time series,and the continuous WT is u
sed to estimate the time variant fractal parameter.