The donations from Hamm and Continental will be paid over the next four years as part of a $14 million public-private partnership. The remaining money will come from the North Dakota Industrial Commission's Oil and Gas Research Program.
The renamed Harold Hamm School of Geology and Geological Engineering is part of the college of engineering and mines.
Dean Hesham El-Rewini said the school will attract top-notch faculty and students to North Dakota.
“Our goal is to produce future generations of petroleum geologists and engineers who can contribute to building a better world through professional service and research for safe, reliable and affordable energy production,” he said. “We also aim to increase the research efforts currently conducted by faculty members and students in petroleum-related fields, which will create new opportunities for collaboration with industry in North Dakota and elsewhere.”