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Petroleum Engineering Degree in Irving, TX — Salary & ROI 2026

Petroleum Engineering degree analysis for Irving, TX. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$52K

COL-adjusted

Mid-Career

$146K

COL-adjusted

ROI Payback

5 yrs

in Irving

Cost of Living

104

index (100 = avg)

Petroleum Engineering in Irving, TX Overview

Irving is one of Texas's top college towns, with 23 institutions and a student population of 13,394. Public tuition averages $7,612/year here — well below the national average, making it a cost-effective choice. Although national enrollment in Petroleum Engineering has been declining, graduates with skills in Reservoir Engineering and Drilling remain competitive in the job market. The adjusted starting salary in Irving is approximately $52,000, growing to $145,600 by mid-career.

Category

Engineering

Local Colleges

23

Public Tuition

$7,612/yr

Private Tuition

$44,780/yr

Room & Board

$11,777/yr

Avg Fin. Aid

$12,860/yr

Unemployment

5.2%

Graduation Rate

47%

Petroleum Engineering Salary in Irving (COL-Adjusted)

Salaries adjusted for Irving's cost of living index of 104 (national average = 100).

Entry Level (0-2 yrs)
$52,000(+$2,000 vs national)
Mid Career (5-9 yrs)
$145,600(+$5,600 vs national)
Senior Level (15+ yrs)
$182,000(+$7,000 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Irving adjustment factor: 1.04x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Irving

Estimate your return on investment for a Petroleum Engineering degree using local Irving tuition and cost of living data.

Public avg: $7,612 | Private avg: $44,780

Irving avg aid: $12,860/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$77,556

tuition + room & board - aid

Annual Earnings Premium

$15,600

vs HS diploma in Irving

ROI Payback Period

5 years

to break even

Lifetime Return in Irving

$1,274,444

Lifetime earnings premium ($1,352,000) minus total education cost ($77,556)

Student Loan Payoff for Petroleum Engineering in Irving

Standard Plan (10 years)

Loan Amount$77,556
Monthly Payment$881
Total Interest$28,120
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$77,556
Monthly Payment$1,517
Total Interest$13,492
Interest Savings$14,628

Colleges in Irving for Petroleum Engineering

University of Dallas

private

$44,780/yr

$179,120 total

Community Colleges (2-Year Transfer)

North Lake College

$2,220/yr

Top Employers for Petroleum Engineering in Irving

Irving offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:

ExxonMobilChevronShellSchlumbergerHalliburton

Key Irving Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Petroleum Engineering Job Titles

Petroleum EngineerReservoir EngineerDrilling Engineer

Petroleum Engineering Degree in Irving — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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