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Petroleum Engineering Degree in Lawton, OK — Salary & ROI 2026

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

Starting Salary

$41K

COL-adjusted

Mid-Career

$116K

COL-adjusted

ROI Payback

6.8 yrs

in Lawton

Cost of Living

82.5

index (100 = avg)

Petroleum Engineering in Lawton, OK Overview

While Lawton has a smaller college scene with 4 institutions, Petroleum Engineering students benefit from lower tuition costs. Room and board averages $12,675/year, and the car-friendly layout shapes the student experience. 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 Lawton is approximately $41,250, growing to $115,500 by mid-career.

Category

Engineering

Local Colleges

4

Public Tuition

$8,400/yr

Private Tuition

$24,000/yr

Room & Board

$12,675/yr

Avg Fin. Aid

$11,482/yr

Unemployment

3.5%

Graduation Rate

74%

Petroleum Engineering Salary in Lawton (COL-Adjusted)

Salaries adjusted for Lawton's cost of living index of 82.5 (national average = 100).

Entry Level (0-2 yrs)
$41,250($-8,750 vs national)
Mid Career (5-9 yrs)
$115,500($-24,500 vs national)
Senior Level (15+ yrs)
$144,375($-30,625 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Lawton adjustment factor: 0.82x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Lawton

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

Public avg: $8,400 | Private avg: $24,000

Lawton avg aid: $11,482/yr

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

Total Education Cost

$84,300

tuition + room & board - aid

Annual Earnings Premium

$12,375

vs HS diploma in Lawton

ROI Payback Period

6.8 years

to break even

Lifetime Return in Lawton

$988,200

Lifetime earnings premium ($1,072,500) minus total education cost ($84,300)

Student Loan Payoff for Petroleum Engineering in Lawton

Standard Plan (10 years)

Loan Amount$84,300
Monthly Payment$957
Total Interest$30,565
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$84,300
Monthly Payment$1,649
Total Interest$14,666
Interest Savings$15,900

Colleges in Lawton for Petroleum Engineering

Lawton State University

public

$9,205/yr

$36,820 total

Community Colleges (2-Year Transfer)

Lawton Community College

$4,912/yr

Top Employers for Petroleum Engineering in Lawton

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Lawton 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 Lawton — 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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