This article examines the role of simulation modeling in the training of oil and gas industry specialists, highlighting its benefits, limitations, and prospects. The research integrates a literature review, comparative analysis of educational strategies, and a pedagogical experiment to assess the impact of digital models on students' analytical thinking, forecasting abilities, and decision-making skills. The results confirm that simulation modeling enhances theoretical knowledge retention, research competencies, and engineering intuition. However, challenges such as data verification, overreliance on digital models, and limited real-world adaptability were identified. Recommendations include integrating simulation modeling with real-case analyses, uncertainty modeling, and augmented reality technologies. The findings contribute to improving digital learning methodologies in technical education.