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2026 Best Value Petroleum Engineering Doctoral Degree Schools

2026 Best Value Petroleum Engineering Doctoral Degree Schools

Looking for the best-value Petroleum Engineering doctoral degree programs in the United States? Our ranking highlights 32 institutions by value — the balance of cost and student outcomes, using our 2026 methodology. Our scores reflect 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 evaluated schools to compile 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 Doctoral Degree Schools in the United States

Here are the top-ranked schools for value:

#1

Texas Tech University

Lubbock, TX

For return on investment, no school beat Texas Tech University this year in the United States. Based in Lubbock, TX, Texas Tech University is a public institution. In-state tuition and fees average $11,852, while out-of-state students pay about $24,157. Students borrow a median of $26,090 to complete their Petroleum Engineering program here. Median earnings reach $62,454 ten years out. Weighed against typical debt, the earnings make a compelling case for value. About 73% of those who apply are admitted. More on Texas Tech University

A rank of #2 makes The University Of Texas At Austin one of the best values in the United States. Based in Austin, TX, The University Of Texas At Austin is a public institution. The average in-state cost of tuition and fees is $11,688, while out-of-state students pay about $44,908. Typical Petroleum Engineering student debt is $17,239. Graduates go on to earn a median of $75,121 ten years after entry. Set against $17,239 in median debt, that is a healthy payoff. Roughly 27% of applicants are accepted. Get the full The University Of Texas At Austin report

#3

University Of North Dakota

Grand Forks, ND

University Of North Dakota came in at #3 on this year's best-value Petroleum Engineering ranking in the United States. Set in Grand Forks, ND, University Of North Dakota is a public institution. Students from in state pay about $10,951 in tuition and fees, while out-of-state students pay about $15,570. University Of North Dakota Petroleum Engineering students take on a median of $27,000 in debt. Median earnings reach $63,552 ten years out. That is a strong return on a $27,000 median debt. University Of North Dakota admits about 77% of applicants. Read more about University Of North Dakota

You'll get strong value at Texas A And M University College Station, which ranked #4 this year. Set in College Station, TX, Texas A And M University College Station is a public institution. The average in-state cost of tuition and fees is $12,995, with out-of-state students paying around $40,124. Students borrow a median of $19,000 to complete their Petroleum Engineering program here. Texas A And M University College Station alumni report median earnings of $72,097 a decade after entry. That is a strong return on a $19,000 median debt. Texas A And M University College Station admits about 57% of applicants. Read the full report on Texas A And M University College Station

#5

University Of Tulsa

Tulsa, OK

University Of Tulsa came in at #5 on this year's best-value Petroleum Engineering ranking in the United States. Located in Tulsa, OK, University Of Tulsa is a private not-for-profit institution. Students from in state pay about $49,546 in tuition and fees. The median Petroleum Engineering program debt is $27,000. Ten years after enrolling, students earn a median of $61,408. That is a strong return on a $27,000 median debt. Roughly 62% of applicants are accepted. Read more about University Of Tulsa

#6

University Of Wyoming

Laramie, WY

University Of Wyoming ranked #6 on our 2026 list of the best-value Petroleum Engineering schools. This public school is set in Laramie, WY. Students from in state pay about $7,768 in tuition and fees, while out-of-state students pay about $24,178. University Of Wyoming Petroleum Engineering students take on a median of $24,638 in debt. A decade after starting, students earn a median of $56,880. Set against $24,638 in median debt, that is a healthy payoff. Roughly 97% of applicants are accepted. See the full University Of Wyoming profile

Colorado School Of Mines ranked #7 on our 2026 list of the best-value Petroleum Engineering schools. Located in Golden, CO, Colorado School Of Mines is a public institution. The average in-state cost of tuition and fees is $21,914, with out-of-state students paying around $45,824. Colorado School Of Mines Petroleum Engineering students take on a median of $27,000 in debt. Ten years after enrolling, students earn a median of $97,335. Set against $27,000 in median debt, that is a healthy payoff. Colorado School Of Mines admits about 61% of applicants. Get the full Colorado School Of Mines report

University Of Oklahoma Norman Campus came in at #8 in this year's value ranking. University Of Oklahoma Norman Campus is a public school based in Norman, OK. Students from in state pay about $9,797 in tuition and fees, while out-of-state students pay about $27,377. Typical Petroleum Engineering student debt is $24,625. Graduates go on to earn a median of $63,126 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. About 77% of those who apply are admitted. See the full University Of Oklahoma Norman Campus profile

Missouri University Of Science And Technology placed #9 among the best-value Petroleum Engineering schools in the United States. Set in Rolla, MO, Missouri University Of Science And Technology is a public institution. 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. Ten years after enrolling, students earn a median of $82,957. Weighed against typical debt, the earnings make a compelling case for value. Missouri University Of Science And Technology admits about 72% of applicants. More on Missouri University Of Science And Technology

#10

University Of Houston

Houston, TX

University Of Houston landed the #10 spot for value in the United States this year. Set in Houston, TX, University Of Houston is a public institution. In-state tuition and fees run about $9,717, while out-of-state students pay about $22,547. Students borrow a median of $23,366 to complete their Petroleum Engineering program here. Graduates go on to earn a median of $62,377 ten years after entry. That is a strong return on a $23,366 median debt. University Of Houston admits about 74% of applicants. More on University Of Houston

Louisiana State University And Agricultural And Mechanical College landed the #11 spot for value in the United States this year. Located in Baton Rouge, LA, Louisiana State University And Agricultural And Mechanical College is a public institution. In-state tuition and fees average $11,954, compared with $28,631 for out-of-state students. Graduates carry a median of $25,750 in student loans. Median earnings reach $61,251 ten years out. Set against $25,750 in median debt, that is a healthy payoff. Roughly 73% of applicants are accepted. Read more about Louisiana State University And Agricultural And Mechanical College

University Of Southern California landed the #12 spot for value in the United States this year. Set in Los Angeles, CA, University Of Southern California is a private not-for-profit institution. The average in-state cost of tuition and fees is $71,647. Graduates carry a median of $15,625 in student loans. 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. Read more about University Of Southern California

New Mexico Institute Of Mining And Technology ranked #13 on our 2026 list of the best-value Petroleum Engineering schools. Based in Socorro, NM, New Mexico Institute Of Mining And Technology is a public institution. In-state tuition and fees run about $9,476, with out-of-state students paying around $27,247. Typical Petroleum Engineering student debt is $28,756. New Mexico Institute Of Mining And Technology alumni report median earnings of $76,489 a decade after entry. That is a strong return on a $28,756 median debt. New Mexico Institute Of Mining And Technology has an acceptance rate of 44%. More on New Mexico Institute Of Mining And Technology

#14

Stanford University

Stanford, CA

Stanford University came in at #14 in this year's value ranking. Located in Stanford, CA, Stanford University is a private not-for-profit institution. In-state tuition and fees run about $65,910. Stanford University Petroleum Engineering students take on a median of $10,492 in debt. Median earnings reach $124,080 ten years out. Weighed against typical debt, the earnings make a compelling case for value. About 4% of those who apply are admitted. Read the full report on Stanford University

University Of Kansas offered strong value this year, earning the #15 position. More on University Of Kansas

Pennsylvania State University Main Campus ranked #16 on our 2026 list of the best-value Petroleum Engineering schools. See the full Pennsylvania State University Main Campus profile

Texas A And M University Kingsville landed the #17 spot for value in the United States this year. More on Texas A And M University Kingsville

The University Of Alabama ranked #18 on our 2026 list of the best-value Petroleum Engineering schools. Get the full The University Of Alabama report

Montana Tech Of The University Of Montana came in at #19 in this year's value ranking. See the full Montana Tech Of The University Of Montana profile

University Of Utah landed the #20 spot for value in the United States this year. Read more about University Of Utah

Oklahoma State University Main Campus landed the #21 spot for value in the United States this year. Read more about Oklahoma State University Main Campus

Slippery Rock University Of Pennsylvania placed #22 among the best-value Petroleum Engineering schools in the United States. See the full Slippery Rock University Of Pennsylvania profile

Marietta College offered strong value this year, earning the #23 position. Get the full Marietta College report

West Virginia University came in at #24 in this year's value ranking. See the full West Virginia University profile

Saint Francis University ranked #25 on our 2026 list of the best-value Petroleum Engineering schools. Get the full Saint Francis University report

Rest of the Top 15% Best-Value Petroleum Engineering Doctoral Degree Schools in the United States

Not far behind, these schools also offered excellent value:

University Of Pittsburgh Pittsburgh Campus offered strong value this year, earning the #26 position. See the full University Of Pittsburgh Pittsburgh Campus profile

The University Of Texas Of The Permian Basin came in at #27 in this year's value ranking. Read the full report on The University Of Texas Of The Permian Basin

Indiana University Of Pennsylvania Main Campus came in at #28 in this year's value ranking. See the full Indiana University Of Pennsylvania Main Campus profile

University Of Louisiana Lafayette offered strong value this year, earning the #29 position. Read more about University Of Louisiana Lafayette

University Of Alaska Fairbanks placed #30 among the best-value Petroleum Engineering schools in the United States. More on University Of Alaska Fairbanks

Texas A And M International University came in at #31 in this year's value ranking. See the full Texas A And M International University profile

Mississippi State University landed the #32 spot for value in the United States this year. Get the full Mississippi State University report

See value rankings for other degree levels:

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

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