We focus on modeling how uncertainty inherent from multi-view stereo can be leveraged for quantifying uncertainty in 3D reconstruction, specifically in representing occupancy in 3D space. These uncertainties of the occupied regions can then be a useful for improving existing grasp selection methods and guiding toward more reliable and robust grasp selection We propose the construction of a fused occupancy field (FOF) informed by the uncertainty in measurements and pose estimates. We then develop a novel method to quantify the predictive uncertainty associated with occupancy in 3D space using probabilistic regression methods. A fusion mechanism is developed to combine information from measurement and predictive uncertainty for modeling occupancy uncertainty. We provide an experimental evaluation in both simulation and real-world underwater environments to validate the proposed methods.