Petroleum Extension (PETEX)-The University of Texas at Austin

Name

Petroleum Extension (PETEX)-The University of Texas at Austin

Legal name

Petroleum Extension (PETEX) - The University of Texas at Austin

Website

https://petex.utexas.edu

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Petroleum Industry Workforce Training

NAICS

Professional and Management Development Training (611430)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Industry-Specific Technical & Certification Prep (e.g., Construction, Manufacturing, Energy) (EDAGANAN)

akta.pro secondary industries

Professional Licensure & Certification Exam Prep (Bar/CPA/NCLEX/PMP, etc.) (EDAGADAD), Learning Experience Design (LXD) & UX for Learning (EDAGAKAF), Simulation-Based Learning & Virtual Labs (EDAGAEAG)

Keywords

• Oil and gas training
• Petroleum industry education
• Workforce certification programs
• Drilling operations training
• Petroleum professional development

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Instructor-Led Training Courses: Revenue from in-person courses delivered at the Houston Training Center or client locations. Courses range from 4 days to multiple weeks with CEU awards. Includes customized enterprise training for organizations.
2. E-Learning and Certificate Programs: Self-paced online courses and multi-course certificate programs (6 courses over 6 months). Revenue generated per course or bundled program. Includes e-courses, modules, and self-study programs.
3. Publications (Books and E-Books): Sale of training manuals, textbooks, workbooks, posters, and pocket guides covering all sectors of the oil and gas industry. Offered in print, e-book, and bundle formats with varying price points.
4. Professional Credentials and Certifications: Fees associated with assessment-only options for certificate programs, digital badge issuance, and continuing education unit (CEU) documentation.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

PETEX provides workforce training and professional development for the oil and gas industry through instructor-led courses at its Houston Training Center, online e-learning modules, self-paced multi-course certificate programs, and proprietary publications (books, e-books, workbooks, pocket guides) covering the full petroleum value chain from geology and exploration through drilling, production, refining, and measurement. Offerings are delivered to individual professionals seeking credentials (CEUs, digital badges, certificates) as well as to enterprise clients receiving customized on-site training.

Product overview

Petroleum Extension (PETEX) is an educational division of the Cockrell School of Engineering at The University of Texas at Austin offering a comprehensive portfolio of workforce training and professional development for the oil and gas industry. The organization provides a multi-modal learning ecosystem comprising Instructor-Led Training courses, E-Learning Modules, Self-Study Programs/Certificate Programs, and Publications (Books and E-Books). Key product lines include the Rotary Drilling Series (RDS) and Drilling Technology Series as foundational textbook series; the Division Order Certificate Program, Lease Certificate Program, and Professional Land Management Certificate Program as comprehensive online certificate offerings; Digital Badges for credential verification; and Custom Courses for organizational-specific training needs. All offerings support the oil and gas industry's workforce development across upstream, midstream, downstream, and health, safety and environment sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Rotary Drilling Series (RDS) An industry-standard bestselling five-unit textbook series with separately bound lessons covering rotary drilling operations. Unit I: The Rig and Its Maintenance (10 lessons); Unit II: Normal Drilling Operations (5 lessons); Unit III: Nonroutine Operations (3 lessons); Unit IV: Man Management and Rig Management (8 lessons); Unit V: Offshore Technology (10 lessons). Originally constructed with IADC and includes measurements in both U.S. and SI units. Available in print, e-book, and bundle formats.
• Drilling Technology Series Three condensed, more technical manuals based on the Rotary Drilling Series, including Segment I: Introduction to Rotary Drilling, Segment II: Routine Drilling Operations, and Segment III: Special Drilling Operations. Each segment includes a 250-question online assessment and awards 3 CEUs and a certificate upon completion. Available in print, e-book, and assessments-only formats.
• Division Order Certificate Program A six-month fully online certificate program for division order analysts covering division order practices, calculations, revenue distribution, land titles, leases, oil and gas law and contracts. Includes six courses of approximately 12 hours each, with video lessons, calculation tutorials, and a virtual field trip. Certificate awarded upon completion.
• Lease Certificate Program A six-month fully online certificate program for lease and title analysts covering lease acquisition, title workflow, verification of lease compliance, delay and shut-in royalty payments, and lease provision analysis. Includes six courses offered one month at a time, with 30-day access per course. Total program cost $3,594 for all 6 courses (7.2 CEUs).
• Professional Land Management Certificate Program A comprehensive land management training curriculum offering six fully online courses covering landman duties, real property law, title chaining, oil and gas lease negotiation, contracts, and federal/state leasing. Each course is approximately 12 hours with lectures, videos, and virtual field trips. Certificate awarded upon completion.
• Instructor-Led Training Classroom-based training courses held at the PETEX Houston Training Center (14517 Kirby Dr., Houston, TX 77047) or at client locations. Topics include petroleum measurement, well control, drilling, production, and custom courses tailored to organizational needs. Courses range from 4 days to multiple weeks, include catered lunch and materials, and award CEUs.
• E-Learning Modules Online learning modules spanning general industry, exploration, drilling, well control, production, well completion and workover, and refining and transportation topics. Self-paced learning with assessments, accessible 24/7.
• Publications (Books and E-Books) Comprehensive training manuals and textbooks covering drilling, well control, production, general industry, refining and transportation, measurement control and storage, and offshore topics. Available in print, e-book, and bundle formats with multiple license pricing available for enterprise/training use.
• Custom Courses Customized training solutions designed to meet specific organizational needs. PETEX collaborates with companies, associations, and governmental agencies to deliver tailored instructor-led courses addressing unique workforce development requirements. Examples include a 40-hour petroleum measurement course for Guyana National Bureau of Standards and LNG operations training for GasLink in the Dominican Republic.

Quantifiable outcome

• 70% retake policy for certificate program assessments ensures learner success
• +1 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Endress+HausercoreStrategic or Co-development Partner · 9 November 2021PETEX collaborates with Endress+Hauser to utilize the Process Training Unit at the Endress+Hauser Houston campus for learning and development programs. This partnership enables workforce professionals to understand instrumentation technologies, products, and processes related to the oil and gas industry in a state-of-the-art setting. The collaboration supports PETEX's commitment to quality across programs and courses.
• Texas Engineering Executive EducationcoreStrategic or Co-development PartnerCo-presenter of the TexTalks webinar series, bringing industry-relevant content on current topics presented by top industry experts and faculty from the Cockrell School of Engineering at UT Austin.
• UT Austin Office of Research RelationscoreStrategic or Co-development PartnerCo-presenter of the TexTalks webinar series alongside PETEX and Texas Engineering Executive Education, focusing on advancing industry through innovation.
• National Association of Division Order Analysts (NADOA)minorOthersProfessional association for division order analysts. PETEX courses and instructor Alyce Hoge present at NADOA annual conferences. The organization supports professional development and certification in the division order field.
• National Association of Lease and Title Analysts (NALTA)minorOthersProfessional association for lease and title analysts. PETEX instructor Alyce Hoge is a frequent presenter and keynote speaker at NALTA annual conferences.
• American Association of Professional Landmen (AAPL)minorOthersProfessional association for landmen. PETEX courses are recognized for professional development credits. Instructor Alyce Hoge is a former AAPL instructor and regular presenter.
• International Association of Drilling Contractors (IADC)minorOthersIndustry standards organization for drilling contractors. PETEX's Well Control manual supports IADC accreditation requirements. Rotary Drilling Series originally constructed in cooperation with IADC.
• American Petroleum Institute (API)minorOthersAPI sponsored Principles of Drilling Fluid Control textbook. API MPMS standards used as basis for measurement instruction. PETEX publication on oil and gas measurement produced in cooperation with API.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• PetroSkills: A leading provider of oil and gas industry training with deep curriculum across upstream and midstream topics. PetroSkills is the closest direct competitor to PETEX in petroleum-specific workforce development, offering both instructor-led and online formats globally.
• Falck Safety Services (SafetyTech): Provider of safety and survival training for the oil and gas industry, particularly offshore operations. Falck's well control and HSE training portfolio overlaps directly with PETEX's offerings for drilling personnel.
• International Association of Drilling Contractors (IADC): Industry standards body that co-developed PETEX's Rotary Drilling Series and accredits well control training programs. IADC operates its own accreditation and training ecosystem for drilling contractors, making it both a partner and a related training authority.
• Maersk Training: Global provider of safety and technical training for the energy, maritime, and offshore sectors. Maersk Training offers well control, drilling, and HSE programs comparable to PETEX's portfolio, with strong international delivery infrastructure.
• Well Control School: Specialized provider of well control and drilling training accredited by IADC. Directly competes with PETEX's well control curriculum for drilling personnel certification.

Broad incumbents

• American Petroleum Institute (API): The primary U.S. oil and gas industry trade association that publishes measurement standards (API MPMS) used in PETEX curriculum. API runs its own training and certification programs across the O&G value chain, serving overlapping audiences.
• Society of Petroleum Engineers (SPE): Global professional organization for petroleum engineers offering continuing education, short courses, and training events. SPE's training catalog overlaps with PETEX across upstream engineering topics.
• RPS Group (Energy Training Division): Global consulting firm with energy training capabilities spanning safety, technical, and regulatory compliance. Offers corporate training solutions to oil & gas operators that overlap with PETEX's enterprise custom courses offering.

Emerging players

• Energy University by Schneider Electric: Free online training platform focused on energy efficiency and data center operations. While adjacent rather than directly competing, it represents the broader shift toward digital-first energy workforce training that could encroach on traditional petroleum training.

Regional players

• National Association of Division Order Analysts (NADOA): Professional association for division order analysts where PETEX instructor Alyce Hoge presents annually. While primarily an industry association rather than a training provider, it represents the broader land management training ecosystem adjacent to PETEX's division order programs.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/UTPETEX
• YouTubeyoutube.com/c/PetroleumExtension
• Facebookfacebook.com/UTPETEX
• LinkedInlinkedin.com/company/utpetex

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petroleum Extension (PETEX)-The University of Texas at Austin