Ian Jones
Ian Jones RSS
Senior Strategist, Energy Risk Management

Ian Jones is Senior Strategist for SAS’ energy risk management practice. Prior to joining SAS in 2009, he served as editor of the industry trade journal The Risk Desk.

Recent Posts

From boom to bust: Searching for sustainability in the new oil climate

Times have changed. As the oil industry shutters and sheds investments that made sense during the two-year period in which oil rode comfortably above $90, ... Read More

Oil portfolio restructured and back in the money

Though crude oil prices edged up last week, the market remains well below VirtualOil’s original $50 strike price, meaning the hypothetical portfolio’s production is shut ... Read More

Time for VirtualOil 2.0?

Since our last VirtualOil update in May, oil prices have continued to take a beating. As the chart of the rolling five-year portfolio shows, much ... Read More

From downtime to upside with oilfield predictive maintenance

Dust off that old aphorism about an ounce of prevention. Oil companies applying analytics for predictive maintenance can see a substantial downtick in the unanticipated ... Read More

VirtualOil: volatility and the value of a hedge

This month we take a fresh analytical view of our hypothetical VirtualOil portfolio by comparing the forward price of WTI (the green line) to the prompt ... Read More

Oil benchmark back in the money, for now, with an eye on volatility

Oil is bouncing around the $50 range as the market adds and loses value with each new headline, from potential new Iranian exports after the ... Read More

Oilfield contextual analytics: Do you want to play a game?

In the Cold War techno-thriller WarGames, a marine monitoring a nuclear missile silo deep under the Nevada desert sees a red warning light blink on ... Read More

VirtualOil shuts in but retains forward value

Is Iran right that oil is heading for $25? Are OPEC and the International Energy Agency (IEA) right that prices will rebound later this year? ... Read More

VirtualOil Portfolio benchmarking and forward month analysis

How’s your oil book looking? As prices continue their decline, the industry is making rapid adjustments, including project shut-ins and corporate restructurings. With WTI at ... Read More

VirtualOil portfolio benchmarking and VaR backtesting

As a simulation exercise, SAS has created a fictitious oil portfolio, VirtualOil, which readers can use as a generic benchmark against their physical oil commodity ... Read More