A method for estimating an aspect of a formation using a nuclear spectroscopy tool includes placing a nuclear spectroscopy tool into a borehole and emitting neutrons such that some of the neutrons generate gamma rays from a formation adjacent the nuclear spectroscopy tool and some of the neutrons generate gamma rays from elements within the nuclear spectroscopy tool. An energy spectrum of gamma rays induced by the emitted neutrons can be detected. The energy spectrum includes a background having a plurality of measured spectral components. A background ratio between at least one spectral component of the background and another measured spectral component can be determined or estimated in accordance with environmental measurements. The detected gamma ray spectra can be analyzed using a combination of standard spectra and subtracting at least one spectral component of the background in accordance with the background ratio.