2023 Best Value Petroleum Engineering Schools
Highlighting Quality Schools With More Affordable Pricing
Finding the Best Petroleum Engineering School for You
In 2020-2021, 1,256 people earned a degree or certificate in petroleum engineering, making the major the #227 most popular in the United States.
It's not easy to decide which program to enroll in when you have so many options available. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Petroleum Engineering Schools ranking. This report analyzed 25 schools in the United States to see which ones offered the best value programs for petroleum engineering students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. For statewide rankings, we use average in-state tuition and fees.
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2023 Best Value Petroleum Engineering Schools in the United States
The colleges and universities below are the best value schools for petroleum engineering majors pursuing a .
Top 10 Best Petroleum Engineering Schools
Our analysis found University of North Dakota to be the best value school for petroleum engineering students who want to pursue a degree in the United States. UND is a fairly large public school located in the city of Grand Forks.
Out-of-state tuition fees for undergraduate students at UND are $15,037 per year. While working on their degree, petroleum engineering majors at UND accumulate an average of around $27,119 in student debt.
UND excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Petroleum Engineering Schools list.
Read full report on Petroleum Engineering at University of North Dakota
The excellent programs at Montana Technological University helped the school earn the #2 place on this year’s ranking of the best petroleum engineering schools in the United States. Located in the remote town of Butte, Montana Tech is a public college with a small student population.
Montana Tech undergraduate students pay an average of $22,509 in tuition and fees each year. Petroleum Engineering majors at Montana Tech take out an average of $27,000 in student loans while working on their egree.
Montana Tech excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Petroleum Engineering Schools list.
You’ll be in good company if you decide to attend Texas Tech University. It ranked #3 on our 2023 Best Value Petroleum Engineering Schools list. Texas Tech is a very large public school located in the large city of Lubbock.
Out-of-state tuition fees for undergraduate students at Texas Tech are $24,121 per year. After completing their degree, petroleum engineering graduates from Texas Tech carry an average student debtload of $26,000.
Texas Tech also claimed a spot on our Best Petroleum Engineering Schools list. It’s in the top 20% of all schools in this category.
Read full report on Petroleum Engineering at Texas Tech University
Out of the 25 schools in the United States that were part of this year’s ranking, The University of Texas at Austin landed the # 4 spot on the list. UT Austin is a fairly large public school located in the city of Austin.
UT Austin undergraduate students pay an average of $40,996 in tuition and fees each year. While working on their degree, petroleum engineering majors at UT Austin accumulate an average of around $15,709 in student debt. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $242.
As a testament to the quality of education it offers, UT Austin also is in the top 5% of our Best Petroleum Engineering Schools ranking.
Read full report on Petroleum Engineering at The University of Texas at Austin
You’ll be in good company if you decide to attend The University of Texas of the Permian Basin. It ranked #5 on our 2023 Best Value Petroleum Engineering Schools list. UT Permian Basin is a moderately-sized public school located in the medium-sized city of Odessa.
UT Permian Basin undergraduate students pay an average of $21,474 in tuition and fees each year.
Texas A&M University - College Station came in at #6 in this year’s edition of the Best Value Petroleum Engineering Schools ranking. Located in the midsize city of College Station, Texas A&M College Station is a public college with a very large student population.
Out-of-state tuition fees for undergraduate students at Texas A&M College Station are $38,855 per year. On average, petroleum engineering graduates from Texas A&M College Station take out $20,099 in student loans while working on their degree. The average monthly payment of a loan this size is about $385, assuming that the borrower is on a 10-year repayment plan.
Texas A&M College Station also claimed a spot on our Best Petroleum Engineering Schools list. It’s in the top 5% of all schools in this category.
University of Wyoming came in at #7 in this year’s edition of the Best Value Petroleum Engineering Schools ranking. Located in the town of Laramie, UW is a public college with a fairly large student population.
UW undergraduate students pay an average of $16,957 in tuition and fees each year. Petroleum Engineering majors at UW take out an average of $27,329 in student loans while working on their egree.
Colorado School of Mines ranked #8 on this year’s Best Value Petroleum Engineering Schools list. Mines is a medium-sized public school located in the suburb of Golden.
The average tuition and fees for an out-of-state undergraduate student at Mines are $40,838 a year. On average, petroleum engineering graduates from Mines take out $27,000 in student loans while working on their degree. This translates to an average monthly loan payment of $505, based on a 10-year repayment plan.
Mines excels when it comes to quality. It’s ranked in the top 5% of all schools on our Best Petroleum Engineering Schools list.
Oklahoma State University - Main Campus landed the #9 spot in the 2023 rankings for the best value petroleum engineering programs. OSU is a very large public school located in the town of Stillwater.
OSU undergraduate students pay an average of $24,764 in tuition and fees each year.
OSU also claimed a spot on our Best Petroleum Engineering Schools list. It’s in the top 20% of all schools in this category.
Full Petroleum Engineering at Oklahoma State University - Main Campus Report
University of Tulsa ranked #10 on this year’s Best Value Petroleum Engineering Schools list. University of Tulsa is a small private not-for-profit school located in the large city of Tulsa.
University of Tulsa undergraduate students pay an average of $45,138 in tuition and fees each year. While working on their degree, petroleum engineering majors at University of Tulsa accumulate an average of around $27,000 in student debt.
Petroleum Engineering by Region
View the Best Value Petroleum Engineering Schools for a specific region near you.
| Region |
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| Southeast |
| New England |
| Rocky Mountains |
| Plains States |
| Middle Atlantic |
| Far Western US |
| Southwest |
| Great Lakes |
More Petroleum Engineering Rankings
Majors Related to Petroleum Engineering
Petroleum Engineering is one of 40 different types of programs to choose from.
Majors Similar to Petroleum Engineering
| Related Major | Annual Graduates |
|---|---|
| Mechanical Engineering | 46,178 |
| Electrical Engineering | 28,844 |
| Civil Engineering | 21,388 |
| Computer Engineering | 17,987 |
| Chemical Engineering | 12,917 |
Notes and References
*These averages are for the top 25 schools only.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
More about our data sources and methodologies.
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