IntroductionWhile exploring for hydrocarbons in rift related basins, volcanics, volcaniclastic deposits or their erosional products are common lithologies. The presence of rock types derived from volcanism and/or affected by post-volcanic re-deposition may lead to complex lithologies with complex diagenetic overprints at the reservoir level. Partial or complete reservoir substitution, alteration by circulating hot fluids and addition of mineral components have led to a number of unsuccessful wells, both in exploration and field development projects. Furthermore, volcanic rocks may form lateral seals or migration barriers, providing both positive and negative impact on the petroleum system. Non-permeable volcanic layers can seal the top of the reservoir, preventing it from breaching, or they can build a migration barrier for the fluid on its way from the source rock into the trap. In most cases, highly varied lithologies with wide ranges of inherent rock properties occur. It is therefore essential to understand the distribution of volcanics in the vicinity of the reservoir. Published examples of volcanic reflectors identifiable from seismic data are still very sparse, and there is no systematic compilation of information and knowledge available. Free air gravity maps, as well as other potential field methods, may show anomalies caused by volcanic and sub volcanic bodies if they are really massive geobodies. Unfortunately, the majority of volcanic features are rather thin (some tens of meters thick). At a reservoir depth of more than 3 km the resolution of standard potential field data is not good enough to delineate the individual units. A close cooperation of specialists from different disciplines is required in order to resolve specific problems related to seismic interpretation and reservoir prediction within such a complex environment. Sedimentology and fieldwork studies of recent analogues provide the basis for recognition of the depositional environment used for seismic interpretation. Special seismic processing must be utilized to calculate attributes from prestack data, showing amplitude variations with increasing offset from the energy source (commonly referred to as AVO analysis). These data are interpreted using results from rock physics analysis -elastic parameters of different lithology types and seismic forward modeling. The AVO analysis is used to support the lithology identification from seismic geometries. The input for the rock physics is delivered by the petrophysicist -log derived properties and interpretations. Petrography is used for provenance analysis, as well as analysis of diagenesis and fabric. In many cases, this turns out to be the key to understanding the anomalous AVO behavior of sandstones. Finally, sequence stratigraphy relates the different levels of sandstones to periods with and without volcanic activity. www.intechopen.comUpdates in Volcanology -A Comprehensive Approach to Volcanological Problems 182 Our experience from working in different basins around the world has shown tha...

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