On Texas 64, approximately six miles west of Henderson, it is home to the East Texas Oil Field's discovery well, once the largest oil field in the world. Town (previously known as Cyril) was named in honor of wildcat driller C.M. "Dad" Joiner in 1931. It is home to the Daisy Bradford No. 3 oil well. In Pioneer Park, monument and historical markers honor those oil field "roughnecks." The Daisy Bradford No. 3 well blew in 1930 and is still producing today. City also is part of Texas Forest Trail Region.