Petroleum Engineering

Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas. Exploration and production are deemed to fall within the upstream sector of the oil and gas industry. 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, reservoir engineering, well engineering, artificial lift systems, completions and petroleum production engineering.

Recruitment to the industry has historically been from the disciplines of physics, chemical engineering and mining engineering. Subsequent development training has usually been done within oil companies.

* Description and images provided by Wikipedia under CC-BY-SA 3.0 license .

Scholarships for Petroleum Engineering Majors

Bullet name award deadline Link
 

NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF)

American Society for Engineering Education (ASEE)

Up to $78,000 Varies See Details

Description

The NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF) is available to students who hold an earned doctoral degree in an NSF-supported STEM discipline from a recognized Ph.D. granting institution. You must have earned relevant doctoral degree within 7 years of their application to the I-PERF research opportunity, and be a...

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NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF)

American Society for Engineering Education (ASEE)

award

Up to $78,000

deadline

Varies
See Details

Description

The NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF) is available to students who hold an earned doctoral degree in an NSF-supported STEM discipline from a recognized Ph.D. granting institution. You must have earned relevant doctoral degree within 7 years of their application to the I-PERF research opportunity, and be a...

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U.S. to Australia Fellowship

American Australian Association

Up to $40,000 September 30, 2025 See Details

Description

The U.S. to Australia Fellowship is available to graduate and postgraduate level students. You must show proof of acceptance into an Australian educational institution and be a U.S. citizen or U.S. permanent resident to qualify for this award.

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U.S. to Australia Fellowship

American Australian Association

award

Up to $40,000

deadline

September 30, 2025
See Details

Description

The U.S. to Australia Fellowship is available to graduate and postgraduate level students. You must show proof of acceptance into an Australian educational institution and be a U.S. citizen or U.S. permanent resident to qualify for this award.

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Edith Nourse Rogers STEM Scholarship

U.S. Department of Veterans Affairs

Up to $30,000 Varies See Details

Description

The Edith Nourse Rogers STEM Scholarship is available to military veterans and their dependents who are pursuing studies in STEM fields. You must be a recipient of the Post-9/11 GI Bill or Fry Scholarship to be eligible for this award, which acts as an extension to expiring benefits of those programs.

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Edith Nourse Rogers STEM Scholarship

U.S. Department of Veterans Affairs

award

Up to $30,000

deadline

Varies
See Details

Description

The Edith Nourse Rogers STEM Scholarship is available to military veterans and their dependents who are pursuing studies in STEM fields. You must be a recipient of the Post-9/11 GI Bill or Fry Scholarship to be eligible for this award, which acts as an extension to expiring benefits of those programs.

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Engineering Honors Scholarship - Greenville University

Greenville University

$20,500 Varies See Details

Description

The Engineering Honors Scholarship is available to incoming freshmen at Greenville University who are majoring in engineering. You must have a minimum GPA of 3.75 and minimum ACT score of 29 to be eligible for this award. Additionally, you must live on-campus.

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Engineering Honors Scholarship - Greenville University

Greenville University

award

$20,500

deadline

Varies
See Details

Description

The Engineering Honors Scholarship is available to incoming freshmen at Greenville University who are majoring in engineering. You must have a minimum GPA of 3.75 and minimum ACT score of 29 to be eligible for this award. Additionally, you must live on-campus.

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National Space Club Keynote Scholarship

National Space Club

$20,000 November 17, 2025 See Details

Description

The National Space Club Keynote Scholarship is available to high school seniors and undergraduate and graduate students with definite plans to pursue a career in science, technology, engineering, or mathematics. You must be a U.S. citizen to be eligible for this award.

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National Space Club Keynote Scholarship

National Space Club

award

$20,000

deadline

November 17, 2025
See Details

Description

The National Space Club Keynote Scholarship is available to high school seniors and undergraduate and graduate students with definite plans to pursue a career in science, technology, engineering, or mathematics. You must be a U.S. citizen to be eligible for this award.

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Petroluem Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

$15,000 Varies See Details

Description

The Petroleum Scholarship is open to entering students at the University of Montana, Montana Tech. You must be majoring in petroleum engineering and demonstrate high academic achievement to be eligible for this award.

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Petroluem Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

award

$15,000

deadline

Varies
See Details

Description

The Petroleum Scholarship is open to entering students at the University of Montana, Montana Tech. You must be majoring in petroleum engineering and demonstrate high academic achievement to be eligible for this award.

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Astronaut Scholarship in Science and Technology

Astronaut Scholarship Foundation

Up to $15,000 Varies See Details

Description

The Astronaut Scholarship in Science and Technology is open to students majoring in engineering, natural science, applied science, or mathematics. You must attend one of the participating educational institutions to be considered for this award. U.S. citizenship is also a requirement. You must be nominated by faculty or staff in your...

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Astronaut Scholarship in Science and Technology

Astronaut Scholarship Foundation

award

Up to $15,000

deadline

Varies
See Details

Description

The Astronaut Scholarship in Science and Technology is open to students majoring in engineering, natural science, applied science, or mathematics. You must attend one of the participating educational institutions to be considered for this award. U.S. citizenship is also a requirement. You must be nominated by faculty or staff in your...

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Air Force ROTC Express Scholarship

University of Iowa

$15,000 Varies See Details

Description

The Air Force ROTC Express Scholarship is available to freshmen, sophomores and juniors majoring in chemistry, computers, engineering, mathematics, nursing or physics at the University of Iowa.

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Air Force ROTC Express Scholarship

University of Iowa

award

$15,000

deadline

Varies
See Details

Description

The Air Force ROTC Express Scholarship is available to freshmen, sophomores and juniors majoring in chemistry, computers, engineering, mathematics, nursing or physics at the University of Iowa.

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Phoenix Capital Group Scholarship

Phoenix Capital Group

$15,000 December 15, 2025 See Details

Description

The Phoenix Capital Group Scholarship is open to freshman college students. You must be currently enrolled full-time at an accredited college or university, have a minimum GPA of 3.5 and be pursuing a degree in the oil and gas industry. In order to be considered for this award, you must submit a description of your career goals in 2,000 words...

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Phoenix Capital Group Scholarship

Phoenix Capital Group

award

$15,000

deadline

December 15, 2025
See Details

Description

The Phoenix Capital Group Scholarship is open to freshman college students. You must be currently enrolled full-time at an accredited college or university, have a minimum GPA of 3.5 and be pursuing a degree in the oil and gas industry. In order to be considered for this award, you must submit a description of your career goals in 2,000 words...

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Alice P. Gast STEM Scholarship

Lehigh University

$12,500 January 15, 2026 See Details

Description

The Alice P. Gast STEM Scholarship is available to female students who are pursuing a degree in STEM at Lehigh University.

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Alice P. Gast STEM Scholarship

Lehigh University

award

$12,500

deadline

January 15, 2026
See Details

Description

The Alice P. Gast STEM Scholarship is available to female students who are pursuing a degree in STEM at Lehigh University.

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