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2022 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $0-$30k)

22 Ranked Colleges
284 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value Petroleum Engineering Schools for a Master's For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k” ranking is part of that endeavor.

Petroleum Engineering is the 180th most popular major in the country with 1,582 degrees awarded in 2019-2020. In 2017-2018, petroleum engineering graduates who were awarded their degree in 2015-2017, earned an average of $66,730 and had an average of $24,667 in loans still to pay off.

At the master’s degree level specifically, there were 284 petroleum engineering graduates with average earnings and debt of $56,398 and $43,194 respectively.

For this year’s “Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 22 colleges that offer a degree in petroleum engineering. This ranking identifies schools with high-quality petroleum engineering programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the petroleum engineering program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k” list to help you make the college decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k

The colleges and universities below are the best for master’s degree petroleum engineering students whose families make $0-$30k.

Top 22 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $0-$30k)

#1

Stanford University

Stanford, California
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #1 for the Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k. Stanford is a fairly large school located in Stanford, California that handed out 4 masters’s petroleum engineering degrees in 2019-2020.

Stanford also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.

Full Stanford Petroleum Engineering Report

You’ll be in good company if you decide to attend Texas A&M University - College Station. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. This large school is located in College Station, Texas, and it awarded 46 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at Texas A&M College Station, the school also landed the #2 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas A&M College Station are $22,743, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at Texas A&M College Station

#6 in overall quality

Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Missouri University of Science and Technology landed the #3 spot on the list. Located in Rolla, Missouri, this medium-sized public school handed out 17 degrees to qualified masters’s petroleum engineering students in 2019-2020.

Missouri University of Science and Technology also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #6. Average graduate tuition and fees at Missouri University of Science and Technology are $30,943, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at Missouri University of Science and Technology

#16 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Alaska Fairbanks. The school came in at #4 for the Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k. University of Alaska Fairbanks is a public institution located in Fairbanks, Alaska. The school has a medium-sized population, and it awarded 6 masters’s degrees in 2019-2020.

UAF also took the #16 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UAF are $24,287, but some majors have different tuition rates.

Read full report on Petroleum Engineering at UAF

#5

Texas Tech University

Lubbock, Texas
#11 in overall quality

Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Texas Tech University landed the #5 spot on the list. Texas Tech is a large school located in Lubbock, Texas that handed out 9 masters’s petroleum engineering degrees in 2019-2020.

In addition to being on our master’s degree petroleum engineering students whose families make $0-$30k list, Texas Tech has also earned the #11 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas Tech are $17,530, but some majors have different tuition rates.

Read more about Petroleum Engineering at Texas Tech

#21 in overall quality

Oklahoma State University - Main Campus ranked #6 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. This large school is located in Stillwater, Oklahoma, and it awarded 4 masters’s petroleum engineering degrees in 2019-2020.

OSU also took the #21 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at OSU are $23,963, but some majors have different tuition rates.

Read more about Petroleum Engineering at Oklahoma State University - Main Campus

#7

University of Wyoming

Laramie, Wyoming
#18 in overall quality

University of Wyoming did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking, coming in at #7. University of Wyoming is a fairly large school located in Laramie, Wyoming that handed out 3 masters’s petroleum engineering degrees in 2019-2020.

UW not only placed well in this ranking. It is also #18 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Wyoming are $16,615, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at University of Wyoming

The University of Texas at Austin did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking, coming in at #8. Austin, Texas is the setting for this large institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 17 students in 2019-2020.

UT Austin not only placed well in this ranking. It is also #5 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at The University of Texas at Austin are $22,886, but you may pay more or less depending on your major.

Read more about Petroleum Engineering at UT Austin

#9

University of North Dakota

Grand Forks, North Dakota
#10 in overall quality

University of North Dakota came in at #9 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking. University of North Dakota is a fairly large public school situated in Grand Forks, North Dakota. It awarded 5 masters’s petroleum engineering degrees in 2019-2020.

UND not only placed well in this ranking. It is also #10 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of North Dakota are $18,326, but you may pay more or less depending on your major.

Read more about Petroleum Engineering at UND

#10

University of Houston

Houston, Texas

University of Houston did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking, coming in at #10. Located in Houston, Texas, this large public school awarded 24 diplomas to qualified masters’s petroleum engineering students in 2019-2020.

UH not only placed well in this ranking. It is also #13 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at UH are $18,689, but some majors have different tuition rates.

Read more about Petroleum Engineering at UH

#11

University of Utah

Salt Lake City, Utah
#20 in overall quality

University of Utah landed the #11 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking. University of Utah is a large school located in Salt Lake City, Utah that handed out 5 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at U of U, the school also landed the #20 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Utah are $24,695.

Read full report on Petroleum Engineering at U of U

#12

West Virginia University

Morgantown, West Virginia
#17 in overall quality

With a ranking of #12, West Virginia University did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. This large school is located in Morgantown, West Virginia, and it awarded 5 masters’s petroleum engineering degrees in 2019-2020.

WVU not only placed well in this ranking. It is also #17 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at West Virginia University are $26,154, but some majors have different tuition rates.

Read full report on Petroleum Engineering at West Virginia University

#13

Colorado School of Mines

Golden, Colorado
#4 in overall quality

Colorado School of Mines landed the #13 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking. Mines is a medium-sized public school situated in Golden, Colorado. It awarded 17 masters’s petroleum engineering degrees in 2019-2020.

In addition to being on our master’s degree petroleum engineering students whose families make $0-$30k list, Mines has also earned the #4 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Colorado School of Mines are $39,800.

Read more about Petroleum Engineering at Mines

#12 in overall quality

Louisiana State University and Agricultural & Mechanical College landed the #14 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking. Baton Rouge, Louisiana is the setting for this large institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 10 students in 2019-2020.

Louisiana State University also took the #12 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Louisiana State University are $29,970, but you may pay more or less depending on your major.

Full Louisiana State University Petroleum Engineering Report

#19 in overall quality

Montana Technological University did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking, coming in at #15. Montana Technological University is a small public school situated in Butte, Montana. It awarded 3 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at Montana Tech, the school also landed the #19 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Montana Tech are $19,429, but some majors have different tuition rates.

Read full report on Petroleum Engineering at Montana Technological University

#16

University of Southern California

Los Angeles, California

With a ranking of #16, University of Southern California did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. University of Southern California is a large school located in Los Angeles, California that handed out 38 masters’s petroleum engineering degrees in 2019-2020.

USC also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #3. Average graduate tuition and fees at USC are $48,715, but you may pay more or less depending on your major.

Full USC Petroleum Engineering Report

#14 in overall quality

University of Pittsburgh - Pittsburgh Campus landed the #17 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking. Pitt is a large school located in Pittsburgh, Pennsylvania that handed out 5 masters’s petroleum engineering degrees in 2019-2020.

Pitt also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #14. Average graduate tuition and fees at Pitt are $40,836, but you may pay more or less depending on your major.

Full Pitt Petroleum Engineering Report

With a ranking of #18, New Mexico Institute of Mining and Technology did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. This small school is located in Socorro, New Mexico, and it awarded 2 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #0 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at New Mexico Tech are $25,602, but some majors have different tuition rates.

Read more about Petroleum Engineering at New Mexico Institute of Mining and Technology

With a ranking of #19, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. Texas A&M University - Kingsville is a medium-sized school located in Kingsville, Texas that handed out 2 masters’s petroleum engineering degrees in 2019-2020.

Texas A&M Kingsville also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #0. Average graduate tuition and fees at Texas A&M Kingsville are $14,066, but some majors have different tuition rates.

Read more about Petroleum Engineering at Texas A&M University - Kingsville

#8 in overall quality

With a ranking of #20, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. Located in Norman, Oklahoma, this large public school handed out 25 diplomas to qualified masters’s petroleum engineering students in 2019-2020.

University of Oklahoma also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #8. Average graduate tuition and fees at University of Oklahoma Norman Campus are $23,236, but some majors have different tuition rates.

Read more about Petroleum Engineering at University of Oklahoma Norman Campus

#21

University of Tulsa

Tulsa, Oklahoma
#7 in overall quality

University of Tulsa ranked #21 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k list. This small school is located in Tulsa, Oklahoma, and it awarded 16 masters’s petroleum engineering degrees in 2019-2020.

University of Tulsa also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #7. Average graduate tuition and fees at University of Tulsa are $24,080, but some majors have different tuition rates.

Full University of Tulsa Petroleum Engineering Report

#22

University of Kansas

Lawrence, Kansas
#15 in overall quality

University of Kansas did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $0-$30k ranking, coming in at #22. KU is a large public school situated in Lawrence, Kansas. It awarded 4 masters’s petroleum engineering degrees in 2019-2020.

In addition to being on our master’s degree petroleum engineering students whose families make $0-$30k list, KU has also earned the #15 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Kansas are $25,007, but some majors have different tuition rates.

Read full report on Petroleum Engineering at University of Kansas

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Notes and References

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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