On the Shelf: exploring oil and gas production in the Gulf of Mexico

On the Shelf: exploring oil and gas production in the Gulf of Mexico

2019

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.

 

Click here to read the Executive Summary

 

Project Lead: Kyle Bradbury

Project Manager: Hyeongyul Roh

Contact

Mathematics

Related People

Mathematics

Economics, Finance