In case you didn't know this is a 12 1/4" Drill Bit. Weighs about 140 lb.
This is the same bit after being mashed in the hole for 24 hours or so. Not much left is there. Don't think I've ever seen one quite so bad. Usually there is some indication when a bit is about to fail but the warning signs were either not apparent or ignored. Now the drilling people have to figure out how to get the missing metal bits out of the hole. They already tried with magnets with no success. The next thing to try will be a junk mill.
If that doesn't work then the well will have to be sidetracked or abandoned. Expensive for the operator but c'est la vie. For me it means I get to go back to town for a few days.
See ya later