 Hapgood drilled the company's first well, "No one knows whether or not the Lord has put any gas or oil in the Panhandle of Texas, but if there should be any oil or gas in this part of the world, this would appear to be the best place to find it.And, because this seems to be a very large dome, it is my judgement that one is more likely to find gas, rather than oil, in the first well drilled on the apex, or high point, of the dome.