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Wolfgang Schwanghart on 8 Jun 2011
To my knowlegde there is no comprehensive geostatistical software written in Matlab. I would always use packages such gstat or gslib. There are, however, some toolboxes that interface with gstat, e.g. mgstat http://mgstat.sourceforge.net/
You can also adapt my code http://www.mathworks.com/matlabcentral/fileexchange/29025-ordinary-kriging to work in 3d. If you work on large datasets, however, it will be very slow.
So, don't stick to Matlab if you want to work with geostatistics. There are much better solutions around.
Sean de Wolski on 7 Jun 2011