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http://www.texasalmanac.com/topics/business/oil-and-texas-cultural-history The expedition was led by Luis de Moscoso Alvarado. They were forced ashore along the texas coast between sabine pass and high island. While they were there, his group reeported seeing floating oil on the surface of the water and used it to caulk their boats.
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http://www.texasalmanac.com/topics/business/oil-and-texas-cultural-history Lyne T. Barret was the first to drill a well that produced oil
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http://www.texasalmanac.com/topics/business/oil-and-texas-cultural-history City crews in Corsicana were drilling for water when they accidently discovered the first econmiccaly succesful oil in Texas
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http://www.texasalmanac.com/topics/business/oil-and-texas-cultural-history The Lucas No.1 well blew in at spinndletop near Beaumont.
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http://www.texasalmanac.com/topics/business/history-oil-discoveries-texas A water drilling outfit accedently hit oil bringing in the electic field