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2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k

22 Ranked Colleges
284 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value Petroleum Engineering Schools for a Master's For Those Making $48-$75k

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k” ranking.

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 $48-$75k” ranking, we looked at 22 colleges that offer a degree in petroleum engineering. The schools that top this list are recognized because they have great petroleum engineering programs and cost less that 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 $48-$75k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k.

Top 22 Best Value Master’s Degree Colleges for Petroleum Engineering (Income $48-$75k)

#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 $48-$75k. Stanford is a fairly large school located in Stanford, California that handed out 4 masters’s petroleum engineering degrees in 2019-2020.

Stanford not only placed well in this ranking. It is also #1 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Stanford University are $55,011, but some majors have different tuition rates.

Full Stanford Petroleum Engineering Report

You’ll join some of the best and brightest minds around if you attend Texas A&M University - College Station. The school came in at #2 for the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k. Texas A&M University - College Station is a large public school situated in College Station, Texas. It awarded 46 masters’s petroleum engineering degrees in 2019-2020.

Texas A&M College Station also took 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 more about Petroleum Engineering at Texas A&M University - College Station

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Missouri University of Science and Technology. The school came in at #3 for the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k. This medium-sized school is located in Rolla, Missouri, and it awarded 17 masters’s petroleum engineering degrees in 2019-2020.

Missouri University of Science and Technology not only placed well in this ranking. It is also #6 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Missouri University of Science and Technology are $30,943.

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

#16 in overall quality

You’ll be in good company if you decide to attend University of Alaska Fairbanks. It ranked #4 on our 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. Located in Fairbanks, Alaska, this medium-sized public school awarded 6 degrees to qualified masters’s petroleum engineering students in 2019-2020.

As a testament to the quality of education offered at UAF, the school also landed the #16 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 UAF are $24,287.

Read full report on Petroleum Engineering at University of Alaska Fairbanks

Out of the 22 schools in the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, The University of Texas at Austin landed the #5 spot on the list. The University of Texas at Austin is a large school located in Austin, Texas that handed out 17 masters’s petroleum engineering degrees in 2019-2020.

UT Austin also took the #5 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at UT Austin are $22,886, but you may pay more or less depending on your major.

Read more about Petroleum Engineering at The University of Texas at Austin

#6

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 $48-$75k ranking, coming in at #6. University of Wyoming is a fairly large public school situated in Laramie, Wyoming. It awarded 3 masters’s petroleum engineering degrees in 2019-2020.

UW also took the #18 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Wyoming are $16,615, but you may pay more or less depending on your major.

Full UW Petroleum Engineering Report

#7

University of North Dakota

Grand Forks, North Dakota
#10 in overall quality

University of North Dakota did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #7. UND is a fairly large public school situated in Grand Forks, North Dakota. It awarded 5 masters’s petroleum engineering degrees in 2019-2020.

UND also took the #10 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 North Dakota are $18,326.

Read more about Petroleum Engineering at UND

#8

Texas Tech University

Lubbock, Texas
#11 in overall quality

Texas Tech University came in at #8 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. Texas Tech University is a large school located in Lubbock, Texas that handed out 9 masters’s petroleum engineering degrees in 2019-2020.

Texas Tech also took the #11 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Texas Tech University are $17,530, but some majors have different tuition rates.

Read more about Petroleum Engineering at Texas Tech University

#21 in overall quality

Oklahoma State University - Main Campus came in at #9 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. OSU is located in Stillwater, Oklahoma and, has a large student population. In 2019-2020, this school awarded 4 masters’s petroleum engineering degrees to qualified students.

As a testament to the quality of education offered at OSU, the school also landed the #21 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 OSU are $23,963.

Read full report on Petroleum Engineering at OSU

#10

University of Houston

Houston, Texas

University of Houston ranked #10 on this year’s Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. University of Houston is a large school located in Houston, Texas that handed out 24 masters’s petroleum engineering degrees in 2019-2020.

UH did well in our major quality rankings, too. It placed #13 on our “Best Petroleum Engineering Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Houston are $18,689.

Read full report on Petroleum Engineering at University of Houston

#11

University of Utah

Salt Lake City, Utah
#20 in overall quality

With a ranking of #11, University of Utah did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. University of Utah is located in Salt Lake City, Utah and, has a large student population. In 2019-2020, this school awarded 5 masters’s petroleum engineering degrees to qualified students.

U of U also took the #20 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at U of U are $24,695, but some majors have different tuition rates.

Read full report on Petroleum Engineering at University of Utah

#12

West Virginia University

Morgantown, West Virginia
#17 in overall quality

West Virginia University came in at #12 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. WVU is a large school located in Morgantown, West Virginia that handed out 5 masters’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at WVU, the school also landed the #17 spot in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at WVU are $26,154, but some majors have different tuition rates.

Read more about Petroleum Engineering at West Virginia University

#19 in overall quality

Montana Technological University landed the #13 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. Butte, Montana is the setting for this small institution of higher learning. The public school handed out masters’s petroleum engineering degrees to 3 students 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 Technological University are $19,429, but some majors have different tuition rates.

Read more about Petroleum Engineering at Montana Tech

#14

University of Southern California

Los Angeles, California

With a ranking of #14, University of Southern California did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. USC is a large school located in Los Angeles, California that handed out 38 masters’s petroleum engineering degrees in 2019-2020.

USC not only placed well in this ranking. It is also #3 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Southern California are $48,715, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at USC

#15

University of Tulsa

Tulsa, Oklahoma
#7 in overall quality

University of Tulsa came in at #15 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. University of Tulsa is located in Tulsa, Oklahoma and, has a small student population. In 2019-2020, this school awarded 16 masters’s petroleum engineering degrees to qualified students.

University of Tulsa also took the #7 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 Tulsa are $24,080.

Full University of Tulsa Petroleum Engineering Report

#16

Colorado School of Mines

Golden, Colorado
#4 in overall quality

Colorado School of Mines came in at #16 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. Located in Golden, Colorado, this medium-sized public school awarded 17 diplomas to qualified masters’s petroleum engineering students in 2019-2020.

Mines also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #4. Average graduate tuition and fees at Mines are $39,800, but you may pay more or less depending on your major.

Read more about Petroleum Engineering at Mines

New Mexico Institute of Mining and Technology came in at #17 in this year’s edition of the Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. Located in Socorro, New Mexico, this small public school awarded 2 degrees to qualified masters’s petroleum engineering students in 2019-2020.

New Mexico Tech also took 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 Tech

With a ranking of #18, Texas A&M University - Kingsville did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. Texas A&M University - Kingsville is a medium-sized public school situated in Kingsville, Texas. It awarded 2 masters’s petroleum engineering degrees in 2019-2020.

Texas A&M Kingsville not only placed well in this ranking. It is also #0 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at Texas A&M University - Kingsville are $14,066, but you may pay more or less depending on your major.

Full Texas A&M Kingsville Petroleum Engineering Report

#12 in overall quality

With a ranking of #19, Louisiana State University and Agricultural & Mechanical College did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. 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.

In addition to being on our master’s degree petroleum engineering students whose families make $48-$75k list, Louisiana State University has also earned the #12 rank in our “Best Petroleum Engineering Master’s Degree Schools” ranking. Average graduate tuition and fees at Louisiana State University are $29,970, but some majors have different tuition rates.

Full Louisiana State University and Agricultural & Mechanical College Petroleum Engineering Report

#20

University of Kansas

Lawrence, Kansas
#15 in overall quality

University of Kansas landed the #20 spot on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking. University of Kansas is located in Lawrence, Kansas and, has a large student population. In 2019-2020, this school awarded 4 masters’s petroleum engineering degrees to qualified students.

In addition to being on our master’s degree petroleum engineering students whose families make $48-$75k 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 you may pay more or less depending on your major.

Read full report on Petroleum Engineering at KU

#8 in overall quality

With a ranking of #21, University of Oklahoma Norman Campus did quite well on the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k list. University of Oklahoma Norman Campus is a large school located in Norman, Oklahoma that handed out 25 masters’s petroleum engineering degrees in 2019-2020.

University of Oklahoma did well in our major quality rankings, too. It placed #8 on our “Best Petroleum Engineering Master’s Degree Schools” list. Average graduate tuition and fees at University of Oklahoma Norman Campus are $23,236, but you may pay more or less depending on your major.

Read full report on Petroleum Engineering at University of Oklahoma Norman Campus

#14 in overall quality

University of Pittsburgh - Pittsburgh Campus did quite well in the 2022 Best Value Petroleum Engineering Schools for a Master’s For Those Making $48-$75k ranking, coming in at #22. University of Pittsburgh - Pittsburgh Campus is located in Pittsburgh, Pennsylvania and, has a large student population. In 2019-2020, this school awarded 5 masters’s petroleum engineering degrees to qualified students.

Pitt also made our “Best Petroleum Engineering Master’s Degree Schools” list, coming in at #14. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Pitt are $40,836.

Read more about Petroleum Engineering at University of Pittsburgh - Pittsburgh Campus

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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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