Yueru Li (Math) and Jiacheng Fan (Economics, Finance) spent ten weeks investigating abnormal behavior by companies bidding for oil and gas rights in the Gulf of Mexico. Working with data provided by the Bureau of Ocean Energy Management and ExxonMobil, the team used outlier detection methods to automate the flagging of abnormal behavior, and then used statistical methods to examine various factors that might predict such behavior. They had the chance to consult frequently with analytics professionals at ExxonMobil.
Project Lead: Kyle Bradbury
Project Manager: Hyeongyul Roh