The Oil Game: Problem-based learning exercise in an Environmental Geology lecture-format class

In a capstone exercise in a unit on energy in an Environmental Geology class of non-science majors, students participate in a 'field-based' simulation of oil exploration and exploitation which uses readily available supplies and easily constructed equipment. The class is divided into oil companies of no more than 4 'employees', in which they are asked to explore and model an oil prospect in a 'field area' set up in the classroom. Along the way, they are using the scientific method, and are exposed to skills and tools used by professional geologists. They are asked to (1) acquire 'field data', (2) construct a subsurface geologic model of the field area, (3) 'drill' an exploration well, (4) calculate the economics associated with a simulated development plan of the newly discovered oil field using the current price of oil, and (5) discuss and recommend to management (you, the instructor) the economic viability of the prospect by suggesting to proceed with development, or to wait for a particular scenario (i.e., price of oil).