2026 Best Value Petroleum Engineering Schools
Looking for the best-value Petroleum Engineering programs programs in the United States? Our ranking highlights 32 institutions by value — the balance of cost and student outcomes, using our 2026 methodology. Each school below is scored on factors such as tuition, student debt, and post-graduation earnings to surface the strongest return on investment.
To help you make your decision, Grad Degree reviewed schools to build 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 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. The average in-state cost of tuition and fees is $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. The University Of Texas At Austin alumni report median earnings of $75,121 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 27%. Read the full report on The University Of Texas At Austin
Montana Tech Of The University Of Montana came in at #2 on this year's best-value Petroleum Engineering ranking in the United States. Set in Butte, MT, Montana Tech Of The University Of Montana is a public institution. In-state tuition and fees run about $8,289, while out-of-state students pay about $26,094. Graduates carry a median of $27,000 in student loans. Graduates go on to earn a median of $54,329 ten years after entry. That is a strong return on a $27,000 median debt. Roughly 91% of applicants are accepted. See the full Montana Tech Of The University Of Montana profile
The strong cost-to-outcome balance at Texas Tech University earned it the #3 place in the United States. Texas Tech University is a public school based in Lubbock, TX. Students from in state pay about $11,852 in tuition and fees, while out-of-state students pay about $24,157. Graduates carry a median of $26,090 in student loans. Graduates go on to earn a median of $62,454 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. Texas Tech University admits about 73% of applicants. See the full Texas Tech University profile
The strong cost-to-outcome balance at University Of North Dakota earned it the #4 place in the United States. Set in Grand Forks, ND, University Of North Dakota is a public institution. Expect in-state tuition and fees of around $10,951, compared with $15,570 for out-of-state students. University Of North Dakota Petroleum Engineering students take on a median of $27,000 in debt. Ten years after enrolling, students earn a median of $63,552. Set against $27,000 in median debt, that is a healthy payoff. The acceptance rate is 77%. Read the full report on University Of North Dakota
You'll get strong value at Texas A And M University College Station, which ranked #5 this year. Located in College Station, TX, Texas A And M University College Station is a public institution. Students from in state pay about $12,995 in tuition and fees, while out-of-state students pay about $40,124. Typical Petroleum Engineering student debt is $19,000. A decade after starting, students earn a median of $72,097. Set against $19,000 in median debt, that is a healthy payoff. The acceptance rate is 57%. More on Texas A And M University College Station
University Of Tulsa placed #6 among the best-value Petroleum Engineering schools in the United States. Set in Tulsa, OK, University Of Tulsa is a private not-for-profit institution. In-state tuition and fees average $49,546. Graduates carry a median of $27,000 in student loans. A decade after starting, students earn a median of $61,408. Set against $27,000 in median debt, that is a healthy payoff. Roughly 62% of applicants are accepted. More on University Of Tulsa
University Of Wyoming landed the #7 spot for value in the United States this year. This public school is set in Laramie, WY. The average in-state cost of tuition and fees is $7,768, while out-of-state students pay about $24,178. The median Petroleum Engineering program debt is $24,638. Median earnings reach $56,880 ten years out. Set against $24,638 in median debt, that is a healthy payoff. University Of Wyoming admits about 97% of applicants. See the full University Of Wyoming profile
University Of Houston offered strong value this year, earning the #8 position. Based in Houston, TX, University Of Houston is a public institution. Expect in-state tuition and fees of around $9,717, with out-of-state students paying around $22,547. The median Petroleum Engineering program debt is $23,366. Ten years after enrolling, students earn a median of $62,377. That is a strong return on a $23,366 median debt. Roughly 74% of applicants are accepted. More on University Of Houston
Colorado School Of Mines came in at #9 in this year's value ranking. Set in Golden, CO, Colorado School Of Mines is a public institution. In-state tuition and fees run about $21,914, compared with $45,824 for out-of-state students. Students borrow a median of $27,000 to complete their Petroleum Engineering program here. Graduates go on to earn a median of $97,335 ten years after entry. That is a strong return on a $27,000 median debt. Roughly 61% of applicants are accepted. More on Colorado School Of Mines
Oklahoma State University Main Campus landed the #10 spot for value in the United States this year. Based in Stillwater, OK, Oklahoma State University Main Campus is a public institution. The average in-state cost of tuition and fees is $10,110, while out-of-state students pay about $25,630. The median Petroleum Engineering program debt is $22,337. Ten years after enrolling, students earn a median of $57,413. Set against $22,337 in median debt, that is a healthy payoff. Oklahoma State University Main Campus admits about 75% of applicants. More on Oklahoma State University Main Campus
Missouri University Of Science And Technology landed the #11 spot for value in the United States this year. This public school is set in Rolla, MO. Expect in-state tuition and fees of around $14,984, compared with $33,248 for out-of-state students. The median Petroleum Engineering program debt is $28,950. Missouri University Of Science And Technology alumni report median earnings of $82,957 a decade after entry. Set against $28,950 in median debt, that is a healthy payoff. Missouri University Of Science And Technology admits about 72% of applicants. Get the full Missouri University Of Science And Technology report
University Of Oklahoma Norman Campus placed #12 among the best-value Petroleum Engineering schools in the United States. 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. Graduates carry a median of $24,625 in student loans. University Of Oklahoma Norman Campus alumni report median earnings of $63,126 a decade after entry. That is a strong return on a $24,625 median debt. Roughly 77% of applicants are accepted. Read the full report on University Of Oklahoma Norman Campus
Texas A And M University Kingsville came in at #13 in this year's value ranking. This public school is set in Kingsville, TX. Students from in state pay about $9,892 in tuition and fees, with out-of-state students paying around $25,746. Graduates carry a median of $25,531 in student loans. Graduates go on to earn a median of $51,450 ten years after entry. Set against $25,531 in median debt, that is a healthy payoff. The acceptance rate is 91%. Read more about Texas A And M University Kingsville
University Of Kansas offered strong value this year, earning the #14 position. Based in Lawrence, KS, University Of Kansas is a public institution. Expect in-state tuition and fees of around $12,102, with out-of-state students paying around $30,432. Typical Petroleum Engineering student debt is $25,000. A decade after starting, students earn a median of $61,945. Set against $25,000 in median debt, that is a healthy payoff. University Of Kansas admits about 94% of applicants. More on University Of Kansas
University Of Alaska Fairbanks placed #15 among the best-value Petroleum Engineering schools in the United States. Located in Fairbanks, AK, University Of Alaska Fairbanks is a public institution. In-state tuition and fees average $10,083, compared with $25,892 for out-of-state students. Graduates carry a median of $23,439 in student loans. University Of Alaska Fairbanks alumni report median earnings of $48,866 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Read more about University Of Alaska Fairbanks
University Of Utah offered strong value this year, earning the #16 position. Set in Salt Lake City, UT, University Of Utah is a public institution. In-state tuition and fees run about $9,620, while out-of-state students pay about $30,860. Typical Petroleum Engineering student debt is $20,798. Median earnings reach $67,170 ten years out. That is a strong return on a $20,798 median debt. The acceptance rate is 86%. More on University Of Utah
West Virginia University landed the #17 spot for value in the United States this year. West Virginia University is a public school based in Morgantown, WV. In-state tuition and fees run about $10,104, while out-of-state students pay about $28,608. Typical Petroleum Engineering student debt is $26,000. Ten years after enrolling, students earn a median of $55,939. That is a strong return on a $26,000 median debt. About 89% of those who apply are admitted. See the full West Virginia University profile
Louisiana State University And Agricultural And Mechanical College landed the #18 spot for value in the United States this year. Set in Baton Rouge, LA, Louisiana State University And Agricultural And Mechanical College is a public institution. The average in-state cost of tuition and fees is $11,954, compared with $28,631 for out-of-state students. Louisiana State University And Agricultural And Mechanical College Petroleum Engineering students take on a median of $25,750 in debt. A decade after starting, students earn a median of $61,251. That is a strong return on a $25,750 median debt. Roughly 73% of applicants are accepted. Read more about Louisiana State University And Agricultural And Mechanical College
Stanford University landed the #19 spot for value in the United States this year. Stanford University is a private not-for-profit school based in Stanford, CA. The average in-state cost of tuition and fees is $65,910. Typical Petroleum Engineering student debt is $10,492. Stanford University alumni report median earnings of $124,080 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 4% of applicants are accepted. Get the full Stanford University report
University Of Southern California came in at #20 in this year's value ranking. University Of Southern California is a private not-for-profit school based in Los Angeles, CA. In-state tuition and fees average $71,647. University Of Southern California Petroleum Engineering students take on a median of $15,625 in debt. Graduates go on to earn a median of $92,498 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. About 10% of those who apply are admitted. More on University Of Southern California
New Mexico Institute Of Mining And Technology offered strong value this year, earning the #21 position. New Mexico Institute Of Mining And Technology is a public school based in Socorro, NM. Students from in state pay about $9,476 in tuition and fees, with out-of-state students paying around $27,247. New Mexico Institute Of Mining And Technology Petroleum Engineering students take on a median of $28,756 in debt. Ten years after enrolling, students earn a median of $76,489. Weighed against typical debt, the earnings make a compelling case for value. New Mexico Institute Of Mining And Technology admits about 44% of applicants. Get the full New Mexico Institute Of Mining And Technology report
The University Of Alabama offered strong value this year, earning the #22 position. See the full The University Of Alabama profile
Saint Francis University landed the #23 spot for value in the United States this year. Get the full Saint Francis University report
Slippery Rock University Of Pennsylvania landed the #24 spot for value in the United States this year. Get the full Slippery Rock University Of Pennsylvania report
Mississippi State University ranked #25 on our 2026 list of the best-value Petroleum Engineering schools. See the full Mississippi State University profile
Rest of the Top 15% Best-Value Petroleum Engineering Schools in the United States
These schools also delivered strong value this year:
Marietta College
Marietta College placed #26 among the best-value Petroleum Engineering schools in the United States. See the full Marietta College profile
University Of Louisiana Lafayette came in at #27 in this year's value ranking. More on University Of Louisiana Lafayette
University Of Pittsburgh Pittsburgh Campus came in at #28 in this year's value ranking. Read the full report on University Of Pittsburgh Pittsburgh Campus
Indiana University Of Pennsylvania Main Campus placed #29 among the best-value Petroleum Engineering schools in the United States. See the full Indiana University Of Pennsylvania Main Campus profile
Pennsylvania State University Main Campus came in at #30 in this year's value ranking. Read more about Pennsylvania State University Main Campus
The University Of Texas Of The Permian Basin ranked #31 on our 2026 list of the best-value Petroleum Engineering schools. Get the full The University Of Texas Of The Permian Basin report
Texas A And M International University came in at #32 in this year's value ranking. More on Texas A And M International University
Best Value Petroleum Engineering Schools by Degree Level
See the best values at each degree level:
- Best Value Petroleum Engineering Certificate Degree Schools
- Best Value Petroleum Engineering Undergraduate Certificate Degree Schools
- Best Value Petroleum Engineering Associate’s Degree Schools
- Best Value Petroleum Engineering Bachelor’s Degree Schools
- Best Value Petroleum Engineering Graduate Certificate Degree Schools
- Best Value Petroleum Engineering Master’s Degree Schools
- Best Value Petroleum Engineering Doctoral Degree Schools
Ranking Methodology & Notes
These rankings are produced by Grad Degree (DMS_RANKING_2023), 2026 edition. Rankings consider 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
- Integrated Postsecondary Education Data System (IPEDS) — National Center for Education Statistics, U.S. Department of Education (core institutional data).
- College Scorecard — U.S. Department of Education (graduate earnings and outcomes data).