A formation with directionally dependent properties. The most common directionally dependent properties are permeability and stress. Most formations have vertical to horizontal permeability anisotropy with vertical permeability being much less (often an order of magnitude less) than horizontal permeability. Bedding plane permeability anisotropy is common in the presence of natural fractures. Stress anisotropy is frequently greatest between overburden stress and horizontal stress in the bedding plane. Bedding plane stress contrasts are common in tectonically active regions. Permeability anisotropy can sometimes be related to stress anisotropy.