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.

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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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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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Entegris Foundation Engineering Scholarship

University of Colorado at Colorado Springs

$25,000 March 01, 2026 See Details

Description

The Entegris Foundation Engineering Scholarship is available to sophomore-level undergraduate students at the University of Colorado-Colorado Springs who are majoring in Engineering. You must have a minimum GPA of 3.0 to be eligible for this award. Preference will be given to applicants with financial need.

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Entegris Foundation Engineering Scholarship

University of Colorado at Colorado Springs

award

$25,000

deadline

March 01, 2026
See Details

Description

The Entegris Foundation Engineering Scholarship is available to sophomore-level undergraduate students at the University of Colorado-Colorado Springs who are majoring in Engineering. You must have a minimum GPA of 3.0 to be eligible for this award. Preference will be given to applicants with financial need.

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Yeager Science Scholarship

San Luis Obispo County Community Foundation

$23,000 January 30, 2026 See Details

Description

The Yeager Science Scholarship is available to graduating seniors from Coast Union, Morro Bay, and Paso Robles High Schools. You must be planning to pursue a degree in physical science / technical areas such as chemistry, physics, geology, mathematics, engineering, or computer science to be eligible for this award.

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Yeager Science Scholarship

San Luis Obispo County Community Foundation

award

$23,000

deadline

January 30, 2026
See Details

Description

The Yeager Science Scholarship is available to graduating seniors from Coast Union, Morro Bay, and Paso Robles High Schools. You must be planning to pursue a degree in physical science / technical areas such as chemistry, physics, geology, mathematics, engineering, or computer science to be eligible for this award.

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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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Eugene Carter Foundation Opportunity Award

Purdue University, College of Engineering

Up to $20,000 Varies See Details

Description

The Eugene Carter Foundation Opportunity Award is available to sophomore and junior-level undergraduate students who are participants in either Purdue University's Women in Engineering Program or Purdue's section of the Society of Women Engineers and also are participating in Latinos in Science and Engineering and/or the Society of Hispanic...

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Eugene Carter Foundation Opportunity Award

Purdue University, College of Engineering

award

Up to $20,000

deadline

Varies
See Details

Description

The Eugene Carter Foundation Opportunity Award is available to sophomore and junior-level undergraduate students who are participants in either Purdue University's Women in Engineering Program or Purdue's section of the Society of Women Engineers and also are participating in Latinos in Science and Engineering and/or the Society of Hispanic...

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Science Post Graduate Scholarship Fund

Native Forward Scholars Fund

Up to $30,000 June 01, 2026 See Details

Description

The Science Post Graduate Scholarship Fund is available to undergraduate and graduate students who are enrolled members or descendants of members of federally and state recognized American Indian tribes and Alaska Native groups. You must demonstrate financial need and be pursuing a degree in a STEM field to be eligible for this award.

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Science Post Graduate Scholarship Fund

Native Forward Scholars Fund

award

Up to $30,000

deadline

June 01, 2026
See Details

Description

The Science Post Graduate Scholarship Fund is available to undergraduate and graduate students who are enrolled members or descendants of members of federally and state recognized American Indian tribes and Alaska Native groups. You must demonstrate financial need and be pursuing a degree in a STEM field to be eligible for this award.

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Big Bang Theory Graduate Fellowship-PAID

University of California-Los Angeles (UCLA)

$20,000 May 15, 2026 See Details

Description

The Big Bang Theory Graduate Fellowship is available to graduate students at the University of California-Los Angeles who are majoring in a STEM field, medicine, dentistry, or public health. Applicants must have participated and completed the Big Bang Theory undergraduate scholars program and received their qualifying degree from UCLA within...

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Big Bang Theory Graduate Fellowship-PAID

University of California-Los Angeles (UCLA)

award

$20,000

deadline

May 15, 2026
See Details

Description

The Big Bang Theory Graduate Fellowship is available to graduate students at the University of California-Los Angeles who are majoring in a STEM field, medicine, dentistry, or public health. Applicants must have participated and completed the Big Bang Theory undergraduate scholars program and received their qualifying degree from UCLA within...

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Lillian Moller Gilbreth Memorial Scholarship

Society of Women Engineers (SWE)

$19,000 February 02, 2026 See Details

Description

The Lillian Moller Gilbreth Memorial Scholarship is available to female junior and senior students majoring in engineering.

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Lillian Moller Gilbreth Memorial Scholarship

Society of Women Engineers (SWE)

award

$19,000

deadline

February 02, 2026
See Details

Description

The Lillian Moller Gilbreth Memorial Scholarship is available to female junior and senior students majoring in engineering.

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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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