Oil companies are eagerly hiring petroleum engineering graduates, but the steep falloff in petroleum research funding is forcing a shift to alternative energy work. On the plus side, those connected with programs said most seniors have lined up jobs well in advance of graduation and some are getting multiple offers. Companies are competing for a small pool of talent, with 660 seniors expected to graduate this year, down from a peak of 2,615 in 2017, according to the annual SPE survey of colleges with petroleum engineering programs by Lloyd Heinze, professor emeritus at Texas Tech, who predicts that number will drop to 572 in 2025 based on the number of juniors. After that, enrollment looks likely to rise. There has been a 13% increase in the number of freshman and sophomore students, which is attributed to the strong demand for petroleum engineers. “Probably word of mouth is seniors getting jobs, and junior and sophomore internships is a big factor in the rise,” Heinze said. Another plus is that undergraduate enrollment is up at seven of the 10 largest programs surveyed in the US and the Middle East. “Almost everyone is up,” said Mashhad Fahes, an associate professor at The University of Oklahoma (OU), who reports that nearly all those approaching graduation have jobs in hand, often with multiple job offers. Internships were so widely available that OU had no takers for a summer program created to provide an alternative to paid internships a couple years back when those opportunities were scarce. Similar evaluations of the job market were offered by sources from Texas A&M University and The University of Texas Permian Basin (UTPB). In all cases, the jobs were mostly in oil and gas exploration and production. “They know that if they get a degree from our program, they can easily find a job in the area,” said Ahmed Kamel, an associate professor who is the department coordinator at UTPB. UTPB, which now has more PE students than OU and LSU, draws a large percentage of its students from west Texas who have grown up around the oil business before enrolling, and Kamel said many are working in the industry while in college. In addition to knowing the business, he said they offer another benefit: “Oil and gas companies want people from here who will stay here.” The program, started in 2011 as part of the business school, is now part of UTPB’s College of Engineering offering degrees in mechanical, chemical, and civil engineering. Its growth plan includes a petroleum engineering graduate program in the future, which will require increasing its research work. Kamel said that it currently has the research support it needs for teaching undergrads.
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