Sleep No More. Greg Iles
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the most tenacious operators had survived, and Waters was proud to be among them.
He turned onto a stretch of newly scraped earth, a road that had not existed ten days ago. If you had stood here then, all you would have heard was crickets and wind. All you’d have seen was moonlight reflecting off the river. Perhaps a long, low line of barges being pushed up- or downstream would send a white wake rolling softly against the shore, but in minutes it would pass, leaving the land as pristine as it had been before men walked the earth. Seven days ago, at Waters’s command, the bulldozers had come. And the men. Every animal for miles knew something was happening. The diesel engines running the colossal machines around the rig had fired up and not stopped, as crews worked round-the-clock to drive the bit down, down, down to the depth where John Waters was willing it.
Drilling a well represented different things to different people. Even for Waters, who had pored over countless maps and miles of logs, who had mapped the hidden sands, it meant different things. First was the science. There was oil seven thousand feet below this land, but there was no easy way to find out exactly where. Not even with the priceless technology available to Exxon or Oxy Petroleum. In the end, someone still had to punch a hole through numberless layers of earth, sand, shale, limestone, and lignite, down to the soft sands that sometimes trapped the migrating oil that sixty million years ago was the surface life of the planet. And knowing where to punch that hole … well, that was a life’s work.
In the 1940s and ’50s, it hadn’t been so hard. Oil was abundant in Adams County, and quite a few fellows with more balls than brains had simply put together some money, drilled in a spot they “had a feeling about,” and hit the jackpot. But those days were gone. Adams County now had more holes in it than a grandmother’s pincushion, and the big fields had all been found as surely as they were now playing out – or so went the conventional wisdom. Waters and a few others believed there were one or two significant fields left. Not big by Saudi standards, or even by offshore U.S. standards, but still containing enough reserves to make a Mississippi boy more money than he could ever spend in one lifetime. Enough to take care of one’s heirs and assigns into perpetuity, as the lawyers said. But those fields, if they existed, would not be easy to find. No rank wildcatter was going to park his F-150 to take a leak in a soybean field, suddenly yell, This here’s the spot! with near-religious zeal, and hit the big one. It would take a scientist like Waters, and that was one of the things that kept him going.
Another motivator was simpler but a little embarrassing to admit: the boyhood thrill of the treasure hunt. Because at some point the science ended and you went with your gut; you slapped an X on a paper map and you by God went out to dig up something that had been waiting for you since dinosaurs roamed the planet. Other guys were trying to find the same treasure, with the same tools, and some of those guys were all right and some were pirates as surely as the ones who had roamed the Spanish Main.
Waters’s Land Cruiser jounced over a couple of broken two-by-fours, and then he turned into the open area of the location. Parking some distance from the other vehicles, he got out with his briefcase and map tube and began walking toward the silver Lincoln parked beside the Schlumberger logging truck. The car’s interior light illuminated three figures: two in the front seat, one in back. Cole Smith sat behind the wheel. Once he spotted Waters, the Continental’s doors would burst open with an exhalation of beer and whiskey, and the circus would begin. As Waters walked, he breathed in the conflicting odors of river water, mud, kudzu, pipe dope, and diesel fuel. It wasn’t exactly a pleasant smell, but it fired the senses if you knew what it added up to.
Suddenly, the driver’s door of the Lincoln flew open, and the vehicle rose on its shocks as Cole Smith climbed out wearing khaki pants, a Polo button-down, and a Houston Astros baseball cap. Cole had been an athlete in college, but in the years since, he had ballooned up to 250 pounds. He carried the weight well; some women still thought him handsome. But when you studied his face, you saw his health fading fast. The alcohol had taken its toll, and there was a dark light in his eyes, a hunted look that had not been there five years ago. Once only infectious optimism had shone from those eyes, an irresistible force that persuaded levelheaded men to take risks they would never have dreamed of in the sober light of rational thought. But something – or a slow accretion of somethings – had changed that.
“Here’s the Rock Man, boys!” Cole cried, clapping a beefy hand on Waters’s shoulder. “Here’s the witch doctor!”
These must be the mullets, Waters thought, as the two visiting big shots followed Cole out of the Lincoln. As a rule, he never used derogatory slang for investors, but these two looked like they might deserve it. There had been a time when he and Cole allowed only good friends to buy into their wells, but the business had gotten too tough to be picky. These days, he relied on Cole to find the money to finance their wells, and Cole’s sources were too numerous – and sometimes too nebulous – to think about. The oil business attracted all kinds of investors, from dentists to mafiosi to billionaires. All shared a dream of easy money, and that was what separated them (and Cole Smith) from Waters. Still, Waters shook hands with them – two dark-haired men in their fifties with Cajun accents and squinting eyes – and committed their first names to memory, if only for the night.
“Everybody’s feeling good,” Cole said, his mouth fixed in a grin. “How do you feel, John Boy?”
Waters forced himself not to wince. “It’s a good play. That’s why we’re here.”
“What’s the upside?” asked one of the Cajuns – Billy.
“Well, as we outlined in the prospectus—”
“Oh, hell,” Cole cut in. “You know we always go conservative in those things. We’re logging this baby in a few hours, Rock. What’s the biggest it could go?”
This was the wrong kind of talk to have in front of investors, but Waters kept his poker face. In two hours they could all be looking at the log of a dry hole, and the anger and disappointment the investors felt would be directly proportional to the degree their hopes had been raised.
“If we come in high,” he said cautiously, referring to the geologic structure, “the reserves could be significant. This isn’t a close-in deal. We’re after something no one’s found before.”
“Damn right,” said Cole. “Going for big game tonight. We’re gunning for the bull elephant.”
He leaned into the Lincoln’s door and pulled a Styrofoam cup off the dash, took a slug from it.
“What’s the upside?” insisted Billy. “No shit. Cole says it could go five million barrels.”
Waters felt his stomach clench. He wanted to smack Cole in the mouth. Five million barrels was the absolute outside of the envelope, if everything drilled out exactly right. The odds of that happening were one in a hundred. “That’s probably a little generous,” he said, meeting Billy’s eye.
“Generous, my ass,” Cole said quickly. “Our Steel Creek field was three million, and John was predicting one-point-five, tops.” He poked Waters in the chest. “But Rock knew all along.”
“So you said,” growled Billy, his eyes on Waters.
“The statistics say one out of twenty-nine,” said Cole. “That’s the odds of hitting a well around here. John’s drilled forty-six prospects, and he’s hit seventeen wells. He’s the goddamn Mark McGwire of the oil business.”
“So you said.” Billy was measuring Waters like a boxer preparing for a fight. “Five million barrels is a hundred and fifty million bucks at thirty-dollar oil. We like the sound of that.”
“We’ll know soon enough,” Waters said, his eyes on Cole. “I need to talk to the engineer. I’ll see you guys in a bit.”
He walked up the steps of the Schlumberger truck, a massive blue vehicle packed to the walls with computers, CRTs, printers, and racked equipment. Schlumberger rotated engineers in and out of town pretty often – most of them Yankees – but the man at the console tonight had worked several of Waters’s wells.
“How’s it going, Pete?”