This document reviews modeling methods for oil and gas reservoirs. It discusses deterministic and stochastic modeling approaches. Deterministic modeling predicts reservoir parameters based on known data from wells and uses techniques like kriging and seismic data. Stochastic modeling generates possible reservoir models using random functions and simulation to account for uncertainty. The document notes limitations of deterministic modeling and advantages of stochastic modeling in characterizing heterogeneity and uncertainty. It concludes the development trend is moving from qualitative to quantitative modeling and combining static and dynamic data using multiple disciplines.