In an attempt to reduce the errors and uncertainties associated with predicting reservoir properties for static modeling, seismic inversion was integrated with artificial neural network for improved porosity and water saturation prediction in the undrilled prospective area of the study field, where hydrocarbon presence had been confirmed. Two supervised neural network techniques (MLFN and PNN) were adopted in the feasibility study performed to predict reservoir properties, using P-impedance volumes generated from model-based inversion process as the major secondary constraint parameter. Results of the feasibility study for predicted porosity with PNN gave a better result than MLFN, when correlated with well porosity, with a correlation coefficient of 0.96 and 0.69, respectively. Validation of the prediction revealed a cross-validation correlation of 0.88 and 0.26, respectively, for both techniques, when a random transfer function derived from a given well is applied on other well locations. Prediction of water saturation using PNN also gave a better result than MLFN with correlation coefficient of 0.97 and 0.57 and cross-validation correlation coefficient of 0.89 and 0.3, respectively. Hence, PNN technique was adopted to predict both reservoir properties in the field. The porosity and water saturation predicted from seismic in the prospective area were 24–30% and 20–30%, respectively. This indicates the presence of good quality hydrocarbon bearing sand within the prospective region of the studied reservoir. As such, the results from the integrated techniques can be relied upon to predict and populate static models with very good representative subsurface reservoir properties for reserves estimation before and after drilling wells in the prospective zone of reservoirs.