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About PetroChallenge
PetroChallenge is an educational event which uses an innovative web-based learning tool where participants act as energy companies looking for oil and gas in a fictitious province, opened up for exploration.
PetroChallenge provides participants with an interactive experience of the oil and gas industry, achieved through participation in what is known technically as a ‘serious simulation’. In this case, the participants simulate what it’s like to work for an oil company exploring for oil and gas in a remote, unspoilt region.
Students are grouped into teams of 4 with each team representing a virtual oil and gas exploration company. They are ‘sent’ out to a ‘virtual’ remote province that has just been opened for exploration, with a budget of $100 million to find commercially viable volumes of oil and gas. Teams compete and collaborate in this virtual reality where they will learn:
- basic geology and how to acquire and interpret seismic surveys;
- to bid for and secure licensing rights;
- how to initiate and undertake the drilling of exploration and appraisal wells;
- the importance of collaborative working and partnerships in the high stakes world of oil and gas exploration
The underlying assumption is that you learn better when you are actively involved in taking crucial decisions rather than just passively receiving information..... learning by doing. A vocational experience that enhances both skills for work and skills for life to develop “industry ready” young people.
PetroChallenge only requires a basic knowledge of PC operation and using an internet web browser. Apart from that, there are no prior knowledge prerequisites such as geological or oil and gas industry knowledge. Teams access the learning simulation through an internet-connected PC.
To assist the teams at the event, a number of facilitators and teachers will be present and they will introduce the participants to the simulation, facilitate the process and debrief students after the event.
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Online Simulation Events
Online Simulation Events are multi-team, competitive simulations conducted via the Internet with support and coaching from KnowledgeWorking consultants. Teams from various companies or from within the same company participate virtually in these open or in-house learning experiences. The ultimate goal for all participants is to enhance their skills within a dynamic and competitive environment. Companies entering teams in tournaments save on travel and facilities cost while retaining the benefits of experiential learning.
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