Petroleum Engineering | Fastweb

Petroleum Engineering

Petroleum engineering is an engineering discipline concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Subsurface activities are deemed to fall within the upstream sector of the oil and gas industry, which are the activities of finding and producing hydrocarbons. Refining and distribution to a market are referred to as the downstream sector. Exploration, by earth scientists, and petroleum engineering are the oil and gas industry's two main subsurface disciplines, which focus on maximizing economic recovery of hydrocarbons from subsurface reservoirs. Petroleum geology and geophysics focus on provision of a static description of the hydrocarbon reservoir rock, while petroleum engineering focuses on estimation of the recoverable volume of this resource using a detailed understanding of the physical behavior of oil, water and gas within porous rock at very high pressure.

The combined efforts of geologists and petroleum engineers throughout the life of a hydrocarbon accumulation determine the way in which a reservoir is developed and depleted, and usually they have the highest impact on field economics. Petroleum engineering requires a good knowledge of many other related disciplines, such as geophysics, petroleum geology, formation evaluation (well logging), drilling, economics, reservoir simulation, well engineering, artificial lift systems, and oil and gas facilities engineering.

Petroleum engineering has historically been one of the highest paid engineering disciplines; this is offset by a tendency for mass layoffs when oil prices decline. In a June 4th, 2007 article, Forbes.com reported that petroleum engineering was the 24th best paying job in the United States. The 2010 National Association of Colleges and Employers survey showed petroleum engineers as the highest paid 2010 graduates at an average $125,220 annual salary. For individuals with experience, salaries can go from $170,000 to $260,000 annually.

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Matching Petroleum Engineering Colleges

Texas A & M University-College Station
Four or more years; Public; $20,687 average out-state tuition; $5,297 average in-state tuition
The University of Texas at Austin
Four or more years; Public; $32,506 average out-state tuition; $9,794 average in-state tuition
Colorado School of Mines
Four or more years; Public; $27,270 average out-state tuition; $12,584 average in-state tuition
University of Oklahoma Norman Campus
Four or more years; Public; $14,802 average out-state tuition; $3,849 average in-state tuition
University of Tulsa
Four or more years; Private not for profit; $28,580 average out-state tuition; $28,580 average in-state tuition
Texas Tech University
Four or more years; Public; $12,211 average out-state tuition; $4,699 average in-state tuition
Montana Tech of the University of Montana
Four or more years; Public; $18,096 average out-state tuition; $6,420 average in-state tuition

Scholarships for Petroleum Engineering Majors

name award deadline

Emmy Noether Award

Joe W. and Dorothy Dorsett Brown Foundation

$25,000 March 29, 2019 See Details

Emmy Noether Award

Joe W. and Dorothy Dorsett Brown Foundation

award

$25,000

deadline

March 29, 2019
See Details

Ford Foundation Predoctoral Diversity Fellowship

National Research Council

$24,000 January 08, 2019 See Details

Ford Foundation Predoctoral Diversity Fellowship

National Research Council

award

$24,000

deadline

January 08, 2019
See Details

FIRST Scholarship - Boston University

FIRST

$20,000 January 02, 2019 See Details

FIRST Scholarship - Boston University

FIRST

award

$20,000

deadline

January 02, 2019
See Details

Fluor Daniel MBA Fellowship

University of South Carolina, Moore School of Business

$15,000 December 01, 2018 See Details

Fluor Daniel MBA Fellowship

University of South Carolina, Moore School of Business

award

$15,000

deadline

December 01, 2018
See Details

Keynote Scholarship

National Space Club

$10,000 November 30, 2018 See Details

Keynote Scholarship

National Space Club

award

$10,000

deadline

November 30, 2018
See Details

Women Techmakers Scholars Program

Google, Inc.

$10,000 December 06, 2018 See Details

Women Techmakers Scholars Program

Google, Inc.

award

$10,000

deadline

December 06, 2018
See Details

Generation Google Scholarship

Google, Inc.

$10,000 December 06, 2018 See Details

Generation Google Scholarship

Google, Inc.

award

$10,000

deadline

December 06, 2018
See Details

Generation Google College Scholarship

Google, Inc.

$10,000 December 06, 2018 See Details

Generation Google College Scholarship

Google, Inc.

award

$10,000

deadline

December 06, 2018
See Details

Google Lime Scholarship

Google, Inc.

$10,000 December 09, 2018 See Details

Google Lime Scholarship

Google, Inc.

award

$10,000

deadline

December 09, 2018
See Details

FIRST Scholarship - Rice University

FIRST

$10,000 January 15, 2019 See Details

FIRST Scholarship - Rice University

FIRST

award

$10,000

deadline

January 15, 2019
See Details