<p>If you are going for petroleum…little to no difference, as not that many schools nationally have petroleum engineering, so it’s basically Stanford, UT, TAMU, OU, and LSU. Other engineering, a bigger difference.</p>
<p>a degree from the University of Texas means a WHOLE heck of a lot more in the world than an LSU degree!! i’m from texas and regret the decision to not apply there bc its a phenom school! i’m applying to law school there in the fall! DEFINATELY TEXAS! LSU is very very low on the list of good schools!</p>
<p>UT if you want to go to the more prestigous school and like Hippies. Doesn’t mean you will get any more pay going to as a petrol engineering major. With the price of oil the way it is, good luck getting an internship, lol. If you have industry ties as I do it doesn’t matter. Also, the oil companies don’t care about your school, they care about the internship experience. Let that be a word to the wise. With the price of oil as it is now, you better have some momma’s, uncle’s, brother’s, cousin’s, daddy ready to hook you up with some work. Although, your family might consider you a trader. Which if I would have taken my offer from UT they would have put that on my Tombstone. Here lies Forever LSU, the back stabbing ■■■■■■■ that went to UT, may you R.I.P.</p>
<p>Also, 25 percent of the worlds petrol eng grads went to UT, so that could be a benifit, with the size of the alum base, and all the other bells and whistles.</p>
<p>UT does produce most of the petroleum grads, but like Forever LSU said, you aren’t going to get paid any better just because you went to UT. Engineers get paid the same mostly across the board. An MIT engineer will get paid very little more/if at all than a Montana Tech State engineer- this is assuming they are both in the same discipline</p>
<p>True what westside said about engineering salaries. </p>
<p>You kinda missed the bubble for petro eng grads and who knows where oil prices will be 4-5 years from now…but, there is plenty of turnover in the industry with retirements. Oil companies are always looking for engineers. </p>
<p>IMO, it may be wise to keep options open and go for a broader engineering degree, like mechanical or chemical. I have a feeling increased environmental regulations will supress the industry over the longer term.</p>
<p>Yeah, our petrol engineering salary offers will definately be lower this year for grads. I just waiting to see what they look like after graduation this year. It won’t be close to last years offers. Petrol eng grads make what they make because of the working conditions they are in. Not everyone wants to be on a rig in the middle of the gulf for 21 away from civilization. My father said he would get very lonely offshore. The money was great but it just got old quick. He did directional drilling for 10 years. He has worked anywhere from 7 days to 28 days at a time on rigs. He said they would have to pay him 200k a year to get him back out there. He said anything less is just not worth it.</p>
<p>^ Very true. The lifestyle isn’t for everybody. When I graduated, I interviewed with Schlumberger…the job sounded intriguing, but I wanted something closer to home. I would have made a heck of a lot of money, though.</p>
<p>^Yeah that is another thing. Anyone working in the petroleum industry bet get ready to relocate. Get ready to travel to some undesireable places. The oil of the future is not conviently located near civilization as the oil in the past was. Hello, blue ocean waters. My father said it is great while you are young and single. Great while your in your 20’s but once you get up to your 30’s or spend a decade out there it is like “Do I really want to work my life away out here, and not even enjoy the money I am making?” If salaries are around 100k a year for petroleum engineering student coming out of college, then I say it is worth it. But if it drops below 90k it isn’t worth it. Very few companies will come at are near those levels. That definately isn’t happening right now.</p>
<p>Even the offshore rigs are having to push further and further out. I mean the new rig shell is implementing in the gulf will be in a mile and a half of water. That was unheard of 20 years ago. Even blows the mind of the people building the structures. The thing is in order to be profitable they have to drill multiple wells. The particular rig I described has over 40 miles of sub sea wells implemented. It will eventually reach the point where gas will have to be at 10 dollars a gallon in order for it to be profitable. Oh, it is a coming and that isn’t just some wild guess, that is very real.</p>