Tri-C Resources Inc. president Michael S. “Scott” Cone and his wife, Dru, have endowed a four-year petroleum engineering scholarship at Texas A&M University.
The Dru R. ’80 and M. Scott Cone ’82 Scholarship will be awarded for the first time this fall to a high-achieving petroleum engineering student in the Nelson Scholars Program.
“The Texas A&M petroleum engineering degree I received prepared me well for a future in the energy business, and I want to help others have the same opportunity,” said Scott Cone, a Texas A&M Class of 1982 petroleum engineer.
The couple created the scholarship with a $60,000 endowment at the Texas A&M Foundation.
“We appreciate this important gift from the Cones. Their support of the Nelson Scholars Program will help us attract and retain the bright young students who will become the engineering leaders needed by our growing high-tech oil and gas industry,” said Stephen A. Holditch, department head and holder of the Samuel Roberts Noble Foundation Chair.
The Nelson Scholars Program was established in 1987 to attract exceptional freshmen to the petroleum engineering profession. The awards are merit-based, and recipients must maintain a 3.0 grade point average.
Scott Cone started his career with Texas Oil & Gas immediately after graduation. He advanced from drilling, production engineer to district drilling superintendent.
He co-founded Tri-C Resources in 1985 with his father and fellow Texas A&M petroleum engineer Michael M. “Mike” Cone and University of Texas geologist John U. Clinch. Initially formed to explore and develop opportunities on the Texas and Louisiana Gulf Coast, the company has drilled over 1,000 domestic and foreign wells.
A licensed professional engineer in Texas, Cone is a member of the Society of Petroleum Engineers and the American Petroleum Institute. He serves on boards of the Methodist Hospital Research Institute and Zephyr Gas Services.
At Texas A&M Cone is a former member of the Petroleum Engineering Industry Board and currently serves on The 12th Man Foundation Champions Council. He and his wife are members of the Association of Former Students Century Club.
Dru Cone earned a B.A. degree in physical education from Texas A&M in 1980. She is a volunteer leader at Episcopal High School in Houston and actively supports Family Services of Greater Houston.
“The Cones certainly have strong ties to Texas A&M petroleum engineering—their son Cullen is Class of ’12 and Scott’s dad is Class of ’60. This generous scholarship will help create many future generations of great Aggie petroleum engineers,” said Brady Bullard, director of engineering with the Texas A&M Foundation.
U.S. News & World Report ranks the Harold J. Vance Department of Petroleum Engineering at Texas A&M University 1st in undergraduate and 2nd in graduate studies among the nation’s public institutions.
By Exa YorkImage courtesy of Margaret Rotan Photography