Petroleum Engineering Degree in Lubbock, TX — Salary & ROI 2026
Petroleum Engineering degree analysis for Lubbock, TX. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$41K
COL-adjusted
Mid-Career
$115K
COL-adjusted
ROI Payback
7.9 yrs
in Lubbock
Cost of Living
82
index (100 = avg)
Petroleum Engineering in Lubbock, TX Overview
Lubbock is one of Texas's top college towns, with 26 institutions and a student population of 104,491. Public tuition averages $11,380/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 Lubbock is approximately $41,000, growing to $114,800 by mid-career.
Category
Engineering
Local Colleges
26
Public Tuition
$11,380/yr
Private Tuition
$26,460/yr
Room & Board
$12,797/yr
Avg Fin. Aid
$15,179/yr
Unemployment
5.5%
Graduation Rate
72%
Petroleum Engineering Salary in Lubbock (COL-Adjusted)
Salaries adjusted for Lubbock's cost of living index of 82 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Lubbock adjustment factor: 0.82x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Lubbock
Estimate your return on investment for a Petroleum Engineering degree using local Lubbock tuition and cost of living data.
Public avg: $11,380 | Private avg: $26,460
Lubbock avg aid: $15,179/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$96,708
tuition + room & board - aid
Annual Earnings Premium
$12,300
vs HS diploma in Lubbock
ROI Payback Period
7.9 years
to break even
Lifetime Return in Lubbock
$969,292
Lifetime earnings premium ($1,066,000) minus total education cost ($96,708)
Student Loan Payoff for Petroleum Engineering in Lubbock
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Lubbock for Petroleum Engineering
Texas Tech University
public
$11,380/yr
$45,520 total
Lubbock Christian University
private
$26,460/yr
$105,840 total
Community Colleges (2-Year Transfer)
South Plains College Lubbock Center
$2,604/yr
Top Employers for Petroleum Engineering in Lubbock
Lubbock offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Lubbock Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Texas Cities
Houston, TX
$58K starting · COL 115
90 colleges
San Antonio, TX
$60K starting · COL 120
58 colleges
Dallas, TX
$52K starting · COL 104
82 colleges
Austin, TX
$54K starting · COL 107
30 colleges
Fort Worth, TX
$51K starting · COL 101
19 colleges
El Paso, TX
$47K starting · COL 93
38 colleges
Arlington, TX
$47K starting · COL 93.5
14 colleges
Corpus Christi, TX
$41K starting · COL 82
22 colleges
Other Engineering Majors in Lubbock
Computer Engineering
$41K starting · 3 yr ROI
Chemical Engineering
$67K starting · 3.2 yr ROI
Nuclear Engineering
$41K starting · 3.3 yr ROI
Electrical Engineering
$66K starting · 3.3 yr ROI
Aerospace Engineering
$66K starting · 3.5 yr ROI
Mechanical Engineering
$64K starting · 3.5 yr ROI
Mining Engineering
$41K starting · 3 yr ROI
Architectural Engineering
$64K starting · 2.5 yr ROI
Petroleum Engineering Degree in Lubbock — 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.
Explore More
Compare Petroleum Engineering ROI in other cities, or explore other majors in Lubbock.