Experiencing of experience I think there should be first some definitions of the concept you've brought up! What is experience?
According to Britannica, "According to one modern version of the assumption, developed by the 17th-century philosopher René Descartes, all experience is subjective, an exclusively mental phenomenon that cannot provide evidence of the existence or the nature of the physical world, the “matter” of which is ultimately nothing more than changeless extension in motion."
One can deduce anything from what's going on around.
I somehow agree with Bitter Crank. Yes, it's like observing oneself from above. Imagine you are talking with someone, and at the same time your attention goes to a higher level in a way you can see yourself and the other person from another perspective, so that it may help you in the way you respond and react.
And experiencing something inevitably puts in data in our memory, so that we can analyze it and point out something useful for future.. One can simultaneously experience something and also analyze its data. it depend on where the attention is focused.