Petroleum Engineering Degree

18 schools compared · Average earnings $64,106/yr

Students study the exploration, extraction, and production of oil and natural gas, including reservoir engineering, drilling technology, and production optimization. Graduates typically pursue careers at oil and gas companies like ExxonMobil, Chevron, and Schlumberger, as well as in renewable energy transition roles. Petroleum engineering consistently ranks as one of the highest-paying bachelor's degrees, though the field is cyclical with energy prices.

What Petroleum Engineering Graduates Do

Your career will likely begin focused on the technical details of energy extraction. As a petroleum engineer, you’ll spend your days analyzing geological data, building computer models of underground reservoirs, and designing drilling and recovery plans. Success in this role often leads to a position as an engineering manager, where your focus shifts from hands-on execution to strategic leadership. You’ll direct large-scale projects, manage multi-million dollar budgets, and coordinate teams of engineers and scientists to meet production goals.

While the core petroleum engineer role is seeing slow growth, an alternative path in academia as a postsecondary teacher is expanding more rapidly. This track involves teaching the next generation, conducting research, and publishing findings. Across all these careers, AI is changing the work. Expect it to automate significant chunks of routine data analysis and modeling. This doesn't eliminate your job, but it does change it; your value will increasingly lie in your ability to validate AI outputs, manage complex physical systems, and make the final, high-stakes judgment calls.

Schools Offering
18
Avg Grad Earnings
$64,106/yr
Avg DegreeOutlook Score
66/100
AI Automation Risk
High
54% task exposure

Common Career Paths

Where Petroleum Engineering graduates typically work, ranked by salary. Salary ranges show 25th–75th percentile spread. This field has roughly 19,800 combined openings per year.

Career Path Salary Range Openings/yr Growth AI Risk
Architectural and engineering managers
$167,740
$135K$207K
14,500 +3.8% 41%
Petroleum engineers
$141,280
$107K$191K
1,200 +1.3% 53%
Engineering teachers, postsecondary
$106,120
$80K$136K
4,100 +8.1% 50%
Architectural and engineering managers
$167,740
$135K $207K
14,500 openings/yr +3.8% growth 41% AI risk
Petroleum engineers
$141,280
$107K $191K
1,200 openings/yr +1.3% growth 53% AI risk
Engineering teachers, postsecondary
$106,120
$80K $136K
4,100 openings/yr +8.1% growth 50% AI risk

Source: BLS Occupational Employment & Wage Statistics, May 2024. Salary range shows 25th–median–75th percentile (national).

Best Schools for Petroleum Engineering

18 schools ranked by DegreeOutlook Score. Click any row for full AI scenario analysis and earnings projections.

# School DW Score Earnings ROI
1 The University of Texas at Austin
Austin, TX
74
71–76
$86,761/yr 25.1x
2 Texas Tech University
Lubbock, TX
73
71–75
$80,460/yr 23.5x
3 Montana Technological University
Butte, MT
72
70–73
$69,212/yr 35.1x
4 University of North Dakota
Grand Forks, ND
71
69–72
$73,821/yr 20.9x
5 Texas A & M University-College Station
College Station, TX
71
69–72
$69,603/yr 22.9x
6 University of Wyoming
Laramie, WY
71
70–73
$66,221/yr 38.2x
7 West Virginia University
Morgantown, WV
70
68–71
$68,913/yr 23.1x
8 University of Oklahoma-Norman Campus
Norman, OK
70
68–71
$61,223/yr 25.3x
9 The University of Texas Permian Basin
Odessa, TX
69
67–70
$61,299/yr 21.8x
10 Colorado School of Mines
Golden, CO
67
64–68
$77,400/yr 11.5x
11 Missouri University of Science and Technology
Rolla, MO
67
65–68
$69,670/yr 15.1x
12 Louisiana State University and Agricultural & Mechanical College
Baton Rouge, LA
67
65–68
$56,605/yr 18.6x
13 University of Louisiana at Lafayette
Lafayette, LA
67
65–68
$49,781/yr 25.5x
14 University of Houston
Houston, TX
66
64–67
$52,295/yr 21.8x
15 Marietta College
Marietta, OH
60
58–62
$82,205/yr 5.0x
16 University of Kansas
Lawrence, KS
59
61–60
$42,865/yr 19.1x
17 Texas A & M University-Kingsville
Kingsville, TX
43
44–44
$43,257/yr 9.9x
18 New Mexico Institute of Mining and Technology
Socorro, NM
42
44–43
$42,325/yr 10.7x

Highest Earning Petroleum Engineering Programs

Schools where Petroleum Engineering graduates earn the most in their first year after graduation.

Best ROI for Petroleum Engineering

Schools with the highest earnings-to-tuition ratio for Petroleum Engineering.

School ROI Multiple Earnings DW Score
University of Wyoming 38.2x $66,221/yr 71
Montana Technological University 35.1x $69,212/yr 72
University of Louisiana at Lafayette 25.5x $49,781/yr 67
University of Oklahoma-Norman Campus 25.3x $61,223/yr 70
The University of Texas at Austin 25.1x $86,761/yr 74
Texas Tech University 23.5x $80,460/yr 73
West Virginia University 23.1x $68,913/yr 70
Texas A & M University-College Station 22.9x $69,603/yr 71
University of Houston 21.8x $52,295/yr 66
The University of Texas Permian Basin 21.8x $61,299/yr 69
Want to compare two Petroleum Engineering programs side by side? Use the comparison tool →

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Frequently Asked Questions

How much do Petroleum Engineering graduates earn?
Across 18 schools, Petroleum Engineering graduates earn an average of $64,106 per year in their first year after graduation. Earnings range from $42,325 to $86,761 depending on the school.
What is the AI automation risk for Petroleum Engineering?
Petroleum Engineering is rated "High" for AI automation risk, with an average of 54% of job tasks exposed to large language models and AI tools. This means most career tasks in this field could be augmented or replaced by AI over the next decade.
Which school has the best Petroleum Engineering program?
Based on our DegreeOutlook Score (combining earnings, AI resilience, job market size, and ROI), The University of Texas at Austin ranks #1 for Petroleum Engineering with a score of 74/100 and graduate earnings of $86,761/yr.
What's the outlook for a Petroleum Engineering degree?
On average, Petroleum Engineering graduates earn 20.7x their in-state tuition over 10 years. This is a strong return on investment.
Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →