Carrizo Oil & Gas
One of UT Arlington’s most highly anticipated construction projects received a big boost in fall 2010 when Carrizo Oil & Gas Inc. pledged $5 million to support College Park Center. The gift is the largest single cash commitment in the University’s history.
The Houston-based energy company has been developing the University’s natural gas resources for several years and in 2009 donated $1 million to establish a graduate research fellowship to attract top scholars and researchers to UT Arlington. UT Arlington learned in 2006 that the campus sits on a sweet spot within the Barnett Shale, one of the largest natural gas fields in the nation. Since then Carrizo has completed 22 wells at a single campus site.
“This commitment to College Park Center is transformational for UT Arlington,” President James D. Spaniolo says. “We believe it signals many great things to come.”
The 7,000-seat College Park Center opened in February 2012 and gives the UT Arlington basketball and volleyball teams a state-of-the-art home court and downtown Arlington a signature facility for world-class concerts, conferences, commencement ceremonies, and other community events. The striking $78 million center sits east of Pecan Street, between Second and Fourth streets.
“College Park Center is already having a dramatic impact on the campus and will be a resource for the entire community,” says S.P. “Chip” Johnson IV, Carrizo’s president and chief executive officer. “We believe that a robust and vibrant campus is a key ingredient in attracting outstanding students and in helping more of them earn their degrees.”