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2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region

9 Ranked Colleges
511 Degrees Awarded
$16,400 Avg Net Price*
Best Value Petroleum Engineering Schools for a Bachelor's in the Southwest Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region” ranking as one item you can use to help make this decision.

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.

Across the Southwest region, there were 765 petroleum engineering graduates with average earnings and debt of $73,071 and $23,687 respectively. At the bachelor’s degree level specifically, there were 511 petroleum engineering graduates with average earnings and debt of $38,896 and $23,899 respectively.

This year’s “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region” ranking looked at 9 colleges that offer degrees in a bachelor’s 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.

When determining these rankings, we looked at things such as overall quality of the petroleum engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Petroleum Engineering Schools

The petroleum engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region”.

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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region

The following schools top our list of the Best Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region.

Top 9 Best Value Bachelor’s Degree Colleges for Petroleum Engineering in the Southwest Region

Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region that were part of this year’s ranking, The University of Texas of the Permian Basin landed the #1 spot on the list. Located in Odessa, Texas, this medium-sized public school handed out 39 degrees to qualified bachelors’s petroleum engineering students in 2019-2020.

UT Permian Basin not only placed well in this ranking. It is also #5 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for UT Permian Basin is $10,092 for Southwest Region Bachelor’s Degree Petroleum Engineering students.

Read more about Petroleum Engineering at The University of Texas of the Permian Basin

#2

Texas Tech University

Lubbock, Texas

You’ll be in good company if you decide to attend Texas Tech University. It ranked #2 on our 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region list. Lubbock, Texas is the setting for this large institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 50 students in 2019-2020.

Texas Tech not only placed well in this ranking. It is also #3 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. It costs about $17,571 for Southwest Region Bachelor’s Degree Petroleum Engineering students per year to attend Texas Tech University.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read more about Petroleum Engineering at Texas Tech University

#3

University of Houston

Houston, Texas

Out of the 9 schools in the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region that were part of this year’s ranking, University of Houston landed the #3 spot on the list. UH is a large school located in Houston, Texas that handed out 61 bachelors’s petroleum engineering degrees in 2019-2020.

UH also took the #7 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The yearly cost to attend University of Houston is $12,838 for southwest region bachelor’s degree petroleum engineering students.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%.

Read full report on Petroleum Engineering at UH

You’ll join some of the best and brightest minds around if you attend University of Oklahoma Norman Campus. The school came in at #4 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region. University of Oklahoma Norman Campus is located in Norman, Oklahoma and, has a large student population. In 2019-2020, this school awarded 72 bachelors’s petroleum engineering degrees to qualified students.

In addition to being on our southwest region bachelor’s degree petroleum engineering students list, University of Oklahoma has also earned the #6 rank in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. The yearly cost to attend University of Oklahoma is $21,145 for southwest region bachelor’s degree petroleum engineering students.

The school has an impressive student loan default rate. It’s only 4.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read full report on Petroleum Engineering at University of Oklahoma

You’ll join some of the best and brightest minds around if you attend New Mexico Institute of Mining and Technology. The school came in at #5 for the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out bachelors’s petroleum engineering degrees to 18 students in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #8 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for New Mexico Institute of Mining and Technology is $14,595 for southwest region bachelor’s degree petroleum engineering students.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Full New Mexico Institute of Mining and Technology Petroleum Engineering Report

The University of Texas at Austin ranked #6 on this year’s Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region list. UT Austin is a large public school situated in Austin, Texas. It awarded 72 bachelors’s petroleum engineering degrees in 2019-2020.

As a testament to the quality of education offered at UT Austin, the school also landed the #1 spot in our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $18,023 for southwest region bachelor’s degree petroleum engineering students per year to attend The University of Texas at Austin.

The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 97%, the school does an excellent job of retaining its students.

Read more about Petroleum Engineering at UT Austin

Texas A&M University - Kingsville came in at #7 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region ranking. Texas A&M University - Kingsville is a public institution located in Kingsville, Texas. The school has a medium-sized population, and it awarded 12 bachelors’s degrees in 2019-2020.

Texas A&M Kingsville did well in our major quality rankings, too. It placed #9 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for Texas A&M University - Kingsville is $13,778 for Southwest Region Bachelor’s Degree Petroleum Engineering students.

Full Texas A&M University - Kingsville Petroleum Engineering Report

Texas A&M University - College Station landed the #8 spot on the 2022 Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region ranking. This large school is located in College Station, Texas, and it awarded 138 bachelors’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 Bachelor’s Degree Schools in the Southwest Region” ranking. It costs about $19,057 for southwest region bachelor’s degree petroleum engineering students per year to attend Texas A&M University - College Station.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

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

#9

University of Tulsa

Tulsa, Oklahoma
#4 in overall quality

University of Tulsa came in at #9 in this year’s edition of the Best Value Petroleum Engineering Schools for a Bachelor’s in the Southwest Region ranking. University of Tulsa is a private not-for-profit institution located in Tulsa, Oklahoma. The school has a small population, and it awarded 49 bachelors’s degrees in 2019-2020.

University of Tulsa not only placed well in this ranking. It is also #4 on our “Best Petroleum Engineering Bachelor’s Degree Schools in the Southwest Region” list. The estimated yearly cost for University of Tulsa is $20,936 for Southwest Region Bachelor’s Degree Petroleum Engineering students.

The low student loan default rate of 2.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Petroleum Engineering at University of Tulsa

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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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