“Cole been up here yet?”
The engineer rolled his eyes. “He’s talking a pretty big game. You feel good about this one?”
“It’s a solid play. But it’s definitely a wildcat. It could shale out.”
“God knows that’s right. Happens to the best of them.”
Waters grabbed a walkie-talkie off the desk and clipped it to his belt. “I’m going up to look at the rig. Holler if you need anything, or if Cole gets to be too much of a pain in the ass.”
Pete grinned. “I’ll do that.”
Waters stood by the river on a patch of gray sand, watching a string of barges plow upstream in the darkness. The spotlight of the pushboat played across the surface of the river like the eye of a military patrol boat, and for good reason. There were sandbars out there that could turn that ordered line of barges into a lethal group of runaways floating downriver with nothing to slow them down but bridge pilings or other vessels.
The spotlight swung past him, then back, and he raised his hand in greeting. The light hung there a minute, then moved on. Waters smiled. The man behind that light was working through the night, just as he was, and that gave him a feeling of kinship. The same kinship he felt with the men working the rig behind him. He had made a point of speaking to the driller and crew when he went up to the rig’s floor. Then he got a Coke from an ice chest on one of the workmen’s trucks. The driller said Cole had brought crawfish and smoked salmon, but Waters didn’t want to spend any more time with Billy and the other mullet than he had to. It was times like this – waiting out the last few hours when the chips could fall either way – that he sometimes questioned his choice of career. And that kind of thinking led to other questions, some better left unasked. But tonight the voice that asked those questions would not stay silent.
Waters had never planned to return to his hometown, much less enter the oil business. Nor had he planned to go to Ole Miss. He’d worked hard in high school, done well on his college boards, and received a full academic scholarship to the Colorado School of Mines, the most prestigious school of geology in the United States. But his father was dead, his mother had not remarried, and his brother was in the ninth grade. Henry Waters had not expected to die young, and so had not left enough insurance. Checks from his oil wells had been steady, but they wouldn’t last forever, and the price of oil had already begun to drop. With all this in mind, Waters turned down Colorado and went to Ole Miss.
While his old friends drank, gambled, and chased sorority girls, Waters studied. Summers, he flew to Alaska and worked the pipeline. That was the best pay he could find, and his family soon needed it. His father’s wells depleted rapidly, and the checks got steadily smaller. After the madness with Mallory peaked, he transferred to Colorado for his senior year. There he met Sara Valdes, the woman with whom he would spend the next few years of his life. Sara was a vulcanologist who pursued her work with a single-minded passion that carried her to some of the most isolated and beautiful spots in the world. Waters began dabbling in her specialty just to be near her, and soon they were traveling the world together, doing graduate research. He spent nearly three years scuba diving beneath volcanoes to study marine ecosystems that lived off the heat of magma, and camping on pumice slopes to study active craters. In Argentina, they’d stumbled upon a meteorite of unusual composition and structure. In Ecuador, he found the frozen remains of a small mammoth dating back fifty thousand years. It was probably the nostalgic haze of selective memory, but he could not remember once being bored during those years.
Then his mother fell ill. His brother was in college, and Waters saw no alternative but to go home and take care of her. Sara Valdes loved him deeply, but she was not about to move to Mississippi, where the last volcanic activity occurred two hundred million years before she was born. That move was the start of the life Waters now lived. He’d been back in Natchez less than a month when Cole Smith – his old roommate and now a lawyer – asked if he thought he could find some oil. Since he had to do something for money, Waters set about mapping the region with a vengeance. Three months later, he was sure he had a cod-lock cinch. Cole sold the prospect in two weeks, and they prepared to make their first million dollars.
What they made was a dry hole.
Waters learned a hard lesson from that first failure, but the next morning he went back to his maps. He studied substructure for four months almost without sleep. And this time, he swore to Cole, he had it. It took Cole five months to sell that second prospect – split between sixty investors. Cole and Waters could barely afford to keep small shares for themselves. But at 4:00 A.M. in the middle of dense Franklin County woods, they hit twenty-nine feet of pay sand – a likely four million barrels of reserves – and one of the last big fields discovered in the area. After that, they couldn’t put prospects together fast enough. Waters kept finding oil, and the money rolled in like a green tide. Even after the oil industry crashed in 1986, Cole somehow continued to sell deals, and Waters kept finding oil.
It was around this time that Lily Anderson graduated from SMU’s Cox School of Business and returned to Natchez. A CPA, she planned to stay in town only long enough to help her father straighten out some tax troubles, but after she and Waters started seeing each other, she decided to stay a bit longer. Smart, quick-witted, and attractive, Lily kept Waters from slipping into the mild depressions he sometimes felt at a life that, despite the money, seemed significantly smaller than the one he’d left behind. But there were other compensations. His mother’s health improved, and his brother graduated cum laude from LSU. When Lily expressed restlessness that their relationship seemed stalled, Waters took a hard look at his life – the old dreams and the new realities – and decided that he had not been born to roam the world in search of scientific adventure. He had built something in Natchez, a thriving company his father would have been proud of, and that – he told himself – was good enough. It was time to be fair to Lily.
“What the hell are you doing down here by yourself in the mud?”
Cole’s voice was slurred from too much scotch. Waters heard him push through some weeds, then stop to keep his shoes out of the gumbo mud that bordered the river here. There’d been a time when Cole wore steel-toed Red Wings out to the locations, just like Waters. Now he wore the same Guccis or Cole Haans he sported at the office. Waters turned to face him.
“Have you lost your mind?”
Cole’s eyes looked cloudy. “What you mean?”
“You told them five million barrels?”
“You said yourself it could go that high.”
Waters’s frustration boiled over. “That’s you and me! In the office! That’s blue-sky dreaming. The outside of the goddamn envelope.”
“We’ve hit it before.” Cole’s eyes narrowed with resentment. “Look, I handle the investors. You have to trust me about what makes them tick. It’s the romance of it, John. They’re just like women that way.”
“You’ve obviously forgotten how women get when they’re disappointed. You’d better start trimming their expectations a little.”
Worry wrinkled Cole’s fleshy face. “You don’t think we’re gonna hit?”
“You said it yourself one out of twenty-nine.”
“That’s factoring in all the assholes who don’t know what they’re doing. You’re one out of three, John.”
Waters felt a hot rush of self-consciousness at this admission of the degree to which everyone’s fortunes depended on him. “We can’t ever rely on that.”
“But I always have.” Cole smiled crookedly. “And you’ve never let me down, partner.”
“We’ve hit the last two we drilled. That ought to tell you adversity can’t be far away.”
Cole blinked like a fighter realizing that he has underestimated his opponent. A little clarity had burned through the scotch at last. Even in his inebriated state,