The industry continues to re-invent itself and in recent years there have been major new developments in the horizontal drilling, hydraulic fracturing, production and stimulation, and the production of deep, tight gas formations, to mention a few. Such developments have invigorated the US and global petroleum production industry and will have an important impact in meeting global energy challenges in the future.
Historically, compensation in the petroleum industry has been quite high and in recent years it has led all B.S. degrees, due to the ever increasing importance of oil and gas and energy in general and due to the large numbers of retirements among currently practicing petroleum engineers.
Graduates of the University of Houston Petroleum Engineering Department will:
- address the challenges of the world’s energy needs responsibly,
- exceed the evolving expectations of employers in the petroleum and energy industries,
- sustain industry leading skills, and
- be leaders in industry, academe, and government.