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Academic Field / Engineering

Petroleum Engineering

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.

Schools
18
Programs analyzed
Earnings
$64,106
Avg 1-yr grad earnings
Range $42,325–$86,761
AI Risk
High
54% task exposure
Field Overview

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.

You may also want to evaluate Petroleum Engineering against Agricultural Engineering, Biomedical Engineering, and Engineering Science on salary and long-run job outlook.

Career Trajectories

Where Petroleum Engineering graduates work

Common career paths for Petroleum Engineering graduates, with median salaries, projected growth, and AI exposure per role. Roughly 19,800 combined openings per year across these roles.

Role Median Pay Annual Openings 10-yr Growth AI Exposure
Architectural and engineering managers
$167,740
$135K–$207K
14,500 +3.8% Moderate · 41%
Petroleum engineers
$141,280
$107K–$191K
1,200 +1.3% High · 53%
Engineering teachers, postsecondary
$106,120
$80K–$136K
4,100 +8.1% High · 50%
Source: BLS Occupational Employment & Wage Statistics, May 2024. Salary range shows 25th–median–75th percentile (national).
Top Institutions

Best schools for Petroleum Engineering

Schools ranked by DegreeOutlook Score (earnings × AI resilience × ROI × job-market size). Top 10 of 18.

Rank #1 · DegreeOutlook Score 74
The University of Texas at Austin
Austin, TX · Public
$86,761 1-yr earnings
25.1x ROI multiple
High AI risk
# School DW Score 1-yr Earnings ROI
5 Texas A & M University-College Station
College Station, TX · Public
71 $69,603 22.9x
6 University of Wyoming
Laramie, WY · Public
71 $66,221 38.2x
7 West Virginia University
Morgantown, WV · Public
70 $68,913 23.1x
8 University of Oklahoma-Norman Campus
Norman, OK · Public
70 $61,223 25.3x
9 The University of Texas Permian Basin
Odessa, TX · Public
69 $61,299 21.8x
10 Colorado School of Mines
Golden, CO · Public
67 $77,400 11.5x
11 Missouri University of Science and Technology
Rolla, MO · Public
67 $69,670 15.1x
12 Louisiana State University and Agricultural & Mechanical College
Baton Rouge, LA · Public
67 $56,605 18.6x
13 University of Louisiana at Lafayette
Lafayette, LA · Public
67 $49,781 25.5x
14 University of Houston
Houston, TX · Public
66 $52,295 21.8x
15 Marietta College
Marietta, OH · Private nonprofit
60 $82,205 5.0x
16 University of Kansas
Lawrence, KS · Public
59 $42,865 19.1x
17 Texas A & M University-Kingsville
Kingsville, TX · Public
43 $43,257 9.9x
18 New Mexico Institute of Mining and Technology
Socorro, NM · Public
42 $42,325 10.7x
View the complete Petroleum Engineering school rankings — 18 programs analyzed →

Highest Earnings Top 5

The University of Texas at Austin
TX
$86,761
Marietta College
OH
$82,205
Texas Tech University
TX
$80,460
Colorado School of Mines
CO
$77,400
University of North Dakota
ND
$73,821

Related majors

Similar fields of study often offered alongside Petroleum Engineering.

FAQ

Frequently asked about Petroleum Engineering

What's the typical salary after a Petroleum Engineering degree?

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.

Will AI affect Petroleum Engineering careers?

Our analysis classifies Petroleum Engineering as "High" for AI risk — approximately 54% of typical job tasks overlap with current AI capabilities. That puts most of the daily work in the automation-sensitive category.

What's the top-ranked school for Petroleum Engineering?

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?

The average 10-year earnings multiple is 20.7x tuition. This is a strong return on investment. The spread between the best and worst programs is wide, so individual school selection has a major impact.