Find Affordable College Courses

What Do You Want to Study?

2026 Best Value Petroleum Engineering Master's Degree Schools

2026 Best Value Petroleum Engineering Master’s Degree Schools

Looking for the best-value Petroleum Engineering master’s degree programs in the United States? Our ranking highlights 32 schools by value — the balance of cost and student outcomes, using our 2026 methodology. The rankings below weigh factors such as tuition, student debt, and post-graduation earnings to surface the strongest return on investment.

To arm you with the information you need, Course Advisor reviewed schools to compile this 2026 value ranking, drawing primarily on U.S. Department of Education data (IPEDS and College Scorecard). View our full ranking methodology.

Top 25 Best-Value Petroleum Engineering Master’s Degree Schools in the United States

Explore the best-value schools below:

The University Of Texas At Austin earned the #1 spot in this year's best-value ranking in the United States. The University Of Texas At Austin is a public school based in Austin, TX. In-state tuition and fees average $11,688, with out-of-state students paying around $44,908. The University Of Texas At Austin Petroleum Engineering students take on a median of $17,239 in debt. Graduates go on to earn a median of $75,121 ten years after entry. Set against $17,239 in median debt, that is a healthy payoff. Roughly 27% of applicants are accepted. Read the full report on The University Of Texas At Austin

The strong cost-to-outcome balance at Montana Tech Of The University Of Montana earned it the #2 place in the United States. Located in Butte, MT, Montana Tech Of The University Of Montana is a public institution. The average in-state cost of tuition and fees is $8,289, compared with $26,094 for out-of-state students. Typical Petroleum Engineering student debt is $27,000. Ten years after enrolling, students earn a median of $54,329. That is a strong return on a $27,000 median debt. About 91% of those who apply are admitted. More on Montana Tech Of The University Of Montana

#3

University Of North Dakota

Grand Forks, ND

A rank of #3 makes University Of North Dakota one of the best values in the United States. This public school is set in Grand Forks, ND. In-state tuition and fees average $10,951, with out-of-state students paying around $15,570. Graduates carry a median of $27,000 in student loans. Median earnings reach $63,552 ten years out. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 77%. More on University Of North Dakota

#4

Texas Tech University

Lubbock, TX

Out of the 32 schools in the United States in this year's value ranking, Texas Tech University landed the #4 spot. Based in Lubbock, TX, Texas Tech University is a public institution. In-state tuition and fees run about $11,852, while out-of-state students pay about $24,157. Texas Tech University Petroleum Engineering students take on a median of $26,090 in debt. A decade after starting, students earn a median of $62,454. Set against $26,090 in median debt, that is a healthy payoff. About 73% of those who apply are admitted. Get the full Texas Tech University report

You'll get strong value at Texas A And M University College Station, which ranked #5 this year. Based in College Station, TX, Texas A And M University College Station is a public institution. In-state tuition and fees run about $12,995, with out-of-state students paying around $40,124. Graduates carry a median of $19,000 in student loans. Graduates go on to earn a median of $72,097 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. Texas A And M University College Station has an acceptance rate of 57%. Read the full report on Texas A And M University College Station

#6

University Of Tulsa

Tulsa, OK

University Of Tulsa placed #6 among the best-value Petroleum Engineering schools in the United States. Based in Tulsa, OK, University Of Tulsa is a private not-for-profit institution. The average in-state cost of tuition and fees is $49,546. University Of Tulsa Petroleum Engineering students take on a median of $27,000 in debt. Graduates go on to earn a median of $61,408 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 62%. See the full University Of Tulsa profile

#7

University Of Houston

Houston, TX

University Of Houston offered strong value this year, earning the #7 position. Located in Houston, TX, University Of Houston is a public institution. The average in-state cost of tuition and fees is $9,717, while out-of-state students pay about $22,547. Typical Petroleum Engineering student debt is $23,366. Graduates go on to earn a median of $62,377 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. About 74% of those who apply are admitted. Read more about University Of Houston

#8

University Of Wyoming

Laramie, WY

University Of Wyoming offered strong value this year, earning the #8 position. Located in Laramie, WY, University Of Wyoming is a public institution. In-state tuition and fees run about $7,768, while out-of-state students pay about $24,178. Typical Petroleum Engineering student debt is $24,638. University Of Wyoming alumni report median earnings of $56,880 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. University Of Wyoming admits about 97% of applicants. More on University Of Wyoming

Oklahoma State University Main Campus came in at #9 in this year's value ranking. Located in Stillwater, OK, Oklahoma State University Main Campus is a public institution. In-state tuition and fees average $10,110, while out-of-state students pay about $25,630. Oklahoma State University Main Campus Petroleum Engineering students take on a median of $22,337 in debt. Oklahoma State University Main Campus alumni report median earnings of $57,413 a decade after entry. Set against $22,337 in median debt, that is a healthy payoff. The acceptance rate is 75%. Read more about Oklahoma State University Main Campus

Colorado School Of Mines came in at #10 in this year's value ranking. This public school is set in Golden, CO. In-state tuition and fees average $21,914, while out-of-state students pay about $45,824. Typical Petroleum Engineering student debt is $27,000. Ten years after enrolling, students earn a median of $97,335. That is a strong return on a $27,000 median debt. Colorado School Of Mines admits about 61% of applicants. Read the full report on Colorado School Of Mines

University Of Oklahoma Norman Campus landed the #11 spot for value in the United States this year. Based in Norman, OK, University Of Oklahoma Norman Campus is a public institution. The average in-state cost of tuition and fees is $9,797, compared with $27,377 for out-of-state students. University Of Oklahoma Norman Campus Petroleum Engineering students take on a median of $24,625 in debt. Graduates go on to earn a median of $63,126 ten years after entry. That is a strong return on a $24,625 median debt. About 77% of those who apply are admitted. Get the full University Of Oklahoma Norman Campus report

Missouri University Of Science And Technology landed the #12 spot for value in the United States this year. Missouri University Of Science And Technology is a public school based in Rolla, MO. Students from in state pay about $14,984 in tuition and fees, compared with $33,248 for out-of-state students. Students borrow a median of $28,950 to complete their Petroleum Engineering program here. A decade after starting, students earn a median of $82,957. Weighed against typical debt, the earnings make a compelling case for value. About 72% of those who apply are admitted. See the full Missouri University Of Science And Technology profile

#13

Stanford University

Stanford, CA

Stanford University came in at #13 in this year's value ranking. Located in Stanford, CA, Stanford University is a private not-for-profit institution. In-state tuition and fees run about $65,910. Typical Petroleum Engineering student debt is $10,492. Stanford University alumni report median earnings of $124,080 a decade after entry. Set against $10,492 in median debt, that is a healthy payoff. Stanford University has an acceptance rate of 4%. Read more about Stanford University

Texas A And M University Kingsville ranked #14 on our 2026 list of the best-value Petroleum Engineering schools. Set in Kingsville, TX, Texas A And M University Kingsville is a public institution. In-state tuition and fees run about $9,892, compared with $25,746 for out-of-state students. Texas A And M University Kingsville Petroleum Engineering students take on a median of $25,531 in debt. Median earnings reach $51,450 ten years out. Weighed against typical debt, the earnings make a compelling case for value. Roughly 91% of applicants are accepted. See the full Texas A And M University Kingsville profile

University Of Alaska Fairbanks offered strong value this year, earning the #15 position. Set in Fairbanks, AK, University Of Alaska Fairbanks is a public institution. Students from in state pay about $10,083 in tuition and fees, compared with $25,892 for out-of-state students. The median Petroleum Engineering program debt is $23,439. Graduates go on to earn a median of $48,866 ten years after entry. Set against $23,439 in median debt, that is a healthy payoff. See the full University Of Alaska Fairbanks profile

#16

University Of Utah

Salt Lake City, UT

University Of Utah placed #16 among the best-value Petroleum Engineering schools in the United States. Based in Salt Lake City, UT, University Of Utah is a public institution. In-state tuition and fees run about $9,620, with out-of-state students paying around $30,860. Typical Petroleum Engineering student debt is $20,798. A decade after starting, students earn a median of $67,170. Weighed against typical debt, the earnings make a compelling case for value. University Of Utah has an acceptance rate of 86%. Read more about University Of Utah

#17

University Of Kansas

Lawrence, KS

University Of Kansas placed #17 among the best-value Petroleum Engineering schools in the United States. University Of Kansas is a public school based in Lawrence, KS. Students from in state pay about $12,102 in tuition and fees, compared with $30,432 for out-of-state students. The median Petroleum Engineering program debt is $25,000. A decade after starting, students earn a median of $61,945. That is a strong return on a $25,000 median debt. University Of Kansas has an acceptance rate of 94%. More on University Of Kansas

#18

West Virginia University

Morgantown, WV

West Virginia University came in at #18 in this year's value ranking. Set in Morgantown, WV, West Virginia University is a public institution. In-state tuition and fees average $10,104, compared with $28,608 for out-of-state students. Graduates carry a median of $26,000 in student loans. Ten years after enrolling, students earn a median of $55,939. Weighed against typical debt, the earnings make a compelling case for value. Roughly 89% of applicants are accepted. Read the full report on West Virginia University

Louisiana State University And Agricultural And Mechanical College placed #19 among the best-value Petroleum Engineering schools in the United States. Based in Baton Rouge, LA, Louisiana State University And Agricultural And Mechanical College is a public institution. In-state tuition and fees average $11,954, compared with $28,631 for out-of-state students. Graduates carry a median of $25,750 in student loans. Median earnings reach $61,251 ten years out. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 73%. See the full Louisiana State University And Agricultural And Mechanical College profile

University Of Southern California offered strong value this year, earning the #20 position. University Of Southern California is a private not-for-profit school based in Los Angeles, CA. In-state tuition and fees average $71,647. Graduates carry a median of $15,625 in student loans. Ten years after enrolling, students earn a median of $92,498. Set against $15,625 in median debt, that is a healthy payoff. The acceptance rate is 10%. See the full University Of Southern California profile

New Mexico Institute Of Mining And Technology ranked #21 on our 2026 list of the best-value Petroleum Engineering schools. Based in Socorro, NM, New Mexico Institute Of Mining And Technology is a public institution. Students from in state pay about $9,476 in tuition and fees, with out-of-state students paying around $27,247. Typical Petroleum Engineering student debt is $28,756. Median earnings reach $76,489 ten years out. Weighed against typical debt, the earnings make a compelling case for value. Roughly 44% of applicants are accepted. More on New Mexico Institute Of Mining And Technology

University Of Pittsburgh Pittsburgh Campus placed #22 among the best-value Petroleum Engineering schools in the United States. Get the full University Of Pittsburgh Pittsburgh Campus report

Marietta College ranked #23 on our 2026 list of the best-value Petroleum Engineering schools. See the full Marietta College profile

The University Of Texas Of The Permian Basin offered strong value this year, earning the #24 position. Read more about The University Of Texas Of The Permian Basin

The University Of Alabama came in at #25 in this year's value ranking. More on The University Of Alabama

Rest of the Top 15% Best-Value Petroleum Engineering Master’s Degree Schools in the United States

These schools also delivered strong value this year:

Saint Francis University placed #26 among the best-value Petroleum Engineering schools in the United States. Read the full report on Saint Francis University

Indiana University Of Pennsylvania Main Campus landed the #27 spot for value in the United States this year. More on Indiana University Of Pennsylvania Main Campus

Slippery Rock University Of Pennsylvania offered strong value this year, earning the #28 position. Read the full report on Slippery Rock University Of Pennsylvania

Mississippi State University offered strong value this year, earning the #29 position. More on Mississippi State University

Texas A And M International University placed #30 among the best-value Petroleum Engineering schools in the United States. Get the full Texas A And M International University report

University Of Louisiana Lafayette ranked #31 on our 2026 list of the best-value Petroleum Engineering schools. See the full University Of Louisiana Lafayette profile

Pennsylvania State University Main Campus offered strong value this year, earning the #32 position. Read the full report on Pennsylvania State University Main Campus

Explore other degree levels:

Ranking Methodology & Notes

The ranking above is published by Course Advisor (DMS_RANKING_2023), 2026 edition. The methodology weighs the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment — drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).

Ranking method: College Major Best Value · Scope: Nation. *Averages shown above reflect the top 32 ranked schools only.

References

Find Schools Near You

Our free school finder matches students with accredited colleges across the U.S.