About Us
Petrologica is a pioneering leader in innovative yet proven energy market analysis and forecasting simulation systems.
We have merged lifetime knowledge of the energy market and related industries with leading edge software systems and analytics skills to plot future trends, demonstrate market sensitivities and thus guide clients in their investment decisions.
We have built oil demand and supply models, rig demand forecasting tools and a powerful oil price model. Our clients are usually long term partners for whom we build dedicated and exclusive systems. They include the OPEC Secretariat, shipping.
Online application simulation tools: Petrologica has developed various simulation tools for the energy market and associated industries. They include oil demand, supply, price and offshore drilling rig market. These tools simulate different market conditions and are useful to help understand the market and plan ahead. New tools can be designed for client markets to navigate through the stormy economic and oil market conditions of 2009 and beyond.
| Oil supply model system: The oil supply model (NOPEX) based on individual field development data for Non-OPEC countries was developed for the OPEC Secretariat. Back in 2000, future field development data was combined into a unique model that accurately predicted the recent tightening of oil supply several years before it happened. A dynamic oil supply simulation system based on the NOPEX model has been developed since then.
Good supply and demand modelling are central components in a price simulation system that can combine most price drivers simultaneously. |
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Oil demand model: The demand simulator has scenarios for all the world's major consuming countries and has correctly predicted current market changes in 2008. |
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Petrologica Oil Price Simulator (POPS): Many factors influence price changes and each one changes weight from week to week. The oil price simulator simulates the effect on price of vale shifts in a range of input factors over the short and long- term timeframes. |
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Our experience: Our team of experts combine industry experts who have over 40 years' of wide experience and knowledge of the energy market and associated industries. We also have a team of academic professionals who have expertise in mathematical, software systems and economics to provide in-depth analysis, scenarios and market simulation tools.