Petroleum Engineeringat New Mexico Institute of Mining and Technology
Graduates earn $42,325/yr in their first year — about 34.0% below the national Petroleum Engineering average. Base-case 10-year earnings $488K; scenarios range from $466K to $487K depending on AI disruption.
What this degree looks like at New Mexico Institute of Mining and Technology
The outcomes you're seeing for Petroleum Engineering at NMT reflect significant shifts in the global energy market. The industry is highly cyclical and currently facing substantial headwinds due to evolving energy policies, commodity price volatility, and a broader transition towards renewable sources. While NMT has a historical strength in resource-related fields, the demand for traditional petroleum engineering roles has contracted, making entry-level positions more competitive and often requiring extensive relocation to active drilling regions. Graduates may find themselves competing for fewer roles at major energy companies or needing to pivot into adjacent fields like geological engineering, environmental remediation, or data analytics within the energy sector. Given these dynamics, you'll need to proactively diversify your skillset and network broadly to navigate this challenging landscape successfully.
Three scenarios, ten years out
Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.
10 year projection
Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to New Mexico Institute of Mining and Technology's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.
Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.
Peer schools offering Petroleum Engineering
How New Mexico Institute of Mining and Technology stacks up against other schools offering this major.
Other top programs at New Mexico Institute of Mining and Technology
Other highest-scoring programs offered at New Mexico Institute of Mining and Technology, ranked by DegreeOutlook Score.
Frequently asked about Petroleum Engineering at New Mexico Institute of Mining and Technology
What is the DegreeOutlook Score for Petroleum Engineering at New Mexico Institute of Mining and Technology?
A score of 42/100 indicates below-average financial outcomes for Petroleum Engineering. Earnings, ROI, or AI risk factors are pulling the score down.
Will AI replace Petroleum Engineering careers?
With 48% of typical job tasks exposed to AI, this is one of the higher-risk fields. Our pessimistic scenario projects $466,038 in decade earnings vs $487,222 in the optimistic case — a meaningful gap.
Can you still earn well with Petroleum Engineering from New Mexico Institute of Mining and Technology?
First-year earnings trail the national median, but starting salary isn't the full picture. Regional cost of living, career trajectory, and tuition cost all factor in. Check the five-year earnings data when available.