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College Factual  by our College Data Analytics Team
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2026 Best Value Petroleum Engineering Schools

19 Colleges in the United States
$24,873 Avg Student Debt
$64,271 Avg Median Earnings (10yr)
2026 Best Value Petroleum Engineering Badge [Petroleum Engineering](/majors/engineering/petroleum-engineering/) degree programs vary widely in price and payoff across the country. The best values balance affordable tuition against strong post-graduation earnings.

College Factual analyzed 32 schools to build this 2026 ranking of the best value petroleum engineering schools.

What’s on this page:

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Finding the Best Value Petroleum Engineering School for You

The right petroleum engineering school can pay off for years to come. To help, we created our Best Value Petroleum Engineering Schools ranking. It weighs the cost of a degree against the outcomes graduates go on to achieve, so you can find the strongest return on your investment.

See how we build our rankings

Customizing Your List

Since the program you select can have a significant impact on your future, we offer several rankings, including this Best Value Petroleum Engineering Schools list, to help you choose. Want schools in a particular part of the country? Narrow the list by region or state.

Associate's Degrees in Petroleum Engineering
Bachelor's Degrees in Petroleum Engineering
Master's Degrees in Petroleum Engineering
Doctorate Degrees in Petroleum Engineering

To further help you make the college decision, we have developed a unique tool called College Combat that lets you compare schools on the factors that matter most to you.

Learn more about our methodology

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2026 Best Value Petroleum Engineering Schools in the United States

Below are the schools that deliver the strongest value in petroleum engineering, balancing cost against outcomes.

Best Value Petroleum Engineering Schools

1

Leading the list is The University Of Texas Of The Permian Basin, our #1 best value for petroleum engineering in the United States. Located in the city of Odessa, The University Of Texas Of The Permian Basin is a moderately-sized public university. Expect in-state tuition and fees of around $9,607, compared with $21,900 for out-of-state students. Petroleum Engineering graduates carry a median of $24,500 in student loans. Petroleum Engineering graduates of The University Of Texas Of The Permian Basin earn a median of $61,299 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 95% of applicants are accepted.

2

Students looking for strong value in petroleum engineering will find it at University Of Wyoming, which ranked #2. University Of Wyoming is a large public school located in the town of Laramie. The average in-state cost of tuition and fees is $7,768, compared with $24,178 for out-of-state students. Petroleum Engineering graduates carry a median of $24,638 in student loans. Petroleum Engineering graduates of University Of Wyoming earn a median of $66,221 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. Roughly 97% of applicants are accepted.

3

Students looking for strong value in petroleum engineering will find it at West Virginia University, which ranked #3. Set in the city of Morgantown, West Virginia University is a very large public institution. The average in-state cost of tuition and fees is $10,104, with out-of-state students paying around $28,608. Typical student debt for petroleum engineering graduates is $26,000. Petroleum Engineering graduates of West Virginia University earn a median of $68,913 early in their careers. That is a strong return on a $26,000 median debt. Roughly 89% of applicants are accepted.

4

Students looking for strong value in petroleum engineering will find it at Missouri University Of Science And Technology, which ranked #4. Missouri University Of Science And Technology is a moderately-sized public school located in the town of Rolla. Students from in state pay about $14,984 in tuition and fees, while out-of-state students pay about $33,248. Students borrow a median of $28,950 to complete the petroleum engineering program here. Early-career petroleum engineering graduates make about $69,670. That is a strong return on a $28,950 median debt. The acceptance rate is 72%.

5

University Of Houston is a great value for students pursuing a degree in petroleum engineering, landing the #5 spot this year. University Of Houston is a very large public school located in the city of Houston. The average in-state cost of tuition and fees is $9,717, with out-of-state students paying around $22,547. Students borrow a median of $23,366 to complete the petroleum engineering program here. Early-career petroleum engineering graduates make about $52,295. Set against $23,366 in median debt, that is a healthy payoff. Roughly 74% of applicants are accepted.

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6

University Of Louisiana Lafayette came in at #6 for value in petroleum engineering this year. Located in the city of Lafayette, University Of Louisiana Lafayette is a large public university. Students from in state pay about $10,418 in tuition and fees, compared with $24,146 for out-of-state students. Students borrow a median of $22,806 to complete the petroleum engineering program here. Petroleum Engineering graduates of University Of Louisiana Lafayette earn a median of $49,781 early in their careers. Set against $22,806 in median debt, that is a healthy payoff. Roughly 87% of applicants are accepted.

7

Montana Tech Of The University Of Montana placed #7 among the best values for petroleum engineering. Set in the town of Butte, Montana Tech Of The University Of Montana is a small public institution. Expect in-state tuition and fees of around $8,289, while out-of-state students pay about $26,094. Petroleum Engineering graduates carry a median of $27,000 in student loans. Soon after graduation, petroleum engineering degree recipients from Montana Tech Of The University Of Montana generally make around $69,212. Set against $27,000 in median debt, that is a healthy payoff. Roughly 91% of applicants are accepted.

8

University Of Oklahoma Norman Campus came in at #8 for value in petroleum engineering this year. Set in the suburb of Norman, University Of Oklahoma Norman Campus is a very large public institution. In-state tuition and fees average $9,797, with out-of-state students paying around $27,377. Typical student debt for petroleum engineering graduates is $24,625. Soon after graduation, petroleum engineering degree recipients from University Of Oklahoma Norman Campus generally make around $61,223. That is a strong return on a $24,625 median debt. The acceptance rate is 77%.

9
Marietta College crest
Marietta College
Marietta, OH

Marietta College ranked #9 on our 2026 list of the best value petroleum engineering schools. Set in the town of Marietta, Marietta College is a small private not-for-profit institution. In-state tuition and fees average $39,652. Petroleum Engineering graduates carry a median of $27,000 in student loans. Early-career petroleum engineering graduates make about $82,205. That is a strong return on a $27,000 median debt. Marietta College admits about 79% of applicants.

10

The University Of Texas At Austin came in at #10 for value in petroleum engineering this year. The University Of Texas At Austin is a very large public school located in the city of Austin. In-state tuition and fees average $11,688, compared with $44,908 for out-of-state students. Petroleum Engineering graduates carry a median of $17,239 in student loans. Soon after graduation, petroleum engineering degree recipients from The University Of Texas At Austin generally make around $86,761. That is a strong return on a $17,239 median debt. Roughly 27% of applicants are accepted.

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11

University Of North Dakota earned the #11 position for value in petroleum engineering this year. Set in the city of Grand Forks, University Of North Dakota is a large public institution. Students from in state pay about $10,951 in tuition and fees, with out-of-state students paying around $15,570. Students borrow a median of $27,000 to complete the petroleum engineering program here. Early-career petroleum engineering graduates make about $73,821. Set against $27,000 in median debt, that is a healthy payoff. Roughly 77% of applicants are accepted.

12

Louisiana State University And Agricultural And Mechanical College came in at #12 for value in petroleum engineering this year. Located in the city of Baton Rouge, Louisiana State University And Agricultural And Mechanical College is a very large public university. Students from in state pay about $11,954 in tuition and fees, while out-of-state students pay about $28,631. Petroleum Engineering graduates carry a median of $25,750 in student loans. Early-career petroleum engineering graduates make about $56,605. That is a strong return on a $25,750 median debt. Louisiana State University And Agricultural And Mechanical College admits about 73% of applicants.

13

Texas A And M University College Station landed the #13 spot for petroleum engineering value this year. Texas A And M University College Station is a very large public school located in the city of College Station. In-state tuition and fees average $12,995, while out-of-state students pay about $40,124. Students borrow a median of $19,000 to complete the petroleum engineering program here. Petroleum Engineering graduates of Texas A And M University College Station earn a median of $120,587 early in their careers. Set against $19,000 in median debt, that is a healthy payoff. Roughly 57% of applicants are accepted.

14

Texas Tech University landed the #14 spot for petroleum engineering value this year. Set in the city of Lubbock, Texas Tech University is a very large public institution. Expect in-state tuition and fees of around $11,852, with out-of-state students paying around $24,157. Students borrow a median of $26,090 to complete the petroleum engineering program here. Early-career petroleum engineering graduates make about $80,460. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 73%.

15

University Of Tulsa ranked #15 on our 2026 list of the best value petroleum engineering schools. University Of Tulsa is a mid-sized private not-for-profit school located in the city of Tulsa. Students from in state pay about $49,546 in tuition and fees. Typical student debt for petroleum engineering graduates is $27,000. Soon after graduation, petroleum engineering degree recipients from University Of Tulsa generally make around $66,166. Weighed against typical debt, the earnings make a compelling case for value. Roughly 62% of applicants are accepted.

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16

Colorado School Of Mines came in at #16 for value in petroleum engineering this year. Colorado School Of Mines is a moderately-sized public school located in the suburb of Golden. The average in-state cost of tuition and fees is $21,914, with out-of-state students paying around $45,824. Students borrow a median of $27,000 to complete the petroleum engineering program here. Petroleum Engineering graduates of Colorado School Of Mines earn a median of $77,400 early in their careers. Set against $27,000 in median debt, that is a healthy payoff. Colorado School Of Mines admits about 61% of applicants.

17

Pennsylvania State University Main Campus placed #17 among the best values for petroleum engineering. Pennsylvania State University Main Campus is a very large public school located in the city of University Park. The average in-state cost of tuition and fees is $20,644, compared with $41,790 for out-of-state students. Ten years after enrolling, students earn a median of $63,435. The acceptance rate is 61%.

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Petroleum Engineering is one of many programs to choose from within the area of study. See all related rankings.

Major Annual Graduates
Petroleum Engineering 687

View All Petroleum Engineering Concentrations >

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Notes and References

This ranking is produced by College Factual (MF_RANKING_2025), 2026 edition. Schools are scored on 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 · 32 schools evaluated.

*Averages shown above reflect the top 19 ranked schools only.

More about our data sources and methodologies.

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