Your logic is flawed here. The cost for the Jaws-1 pilot is...

Your logic is flawed here. The cost for the Jaws-1 pilot is heavily skewed towards the upfront capital for the well itself. Running the pumps and interpreting the data for 6 months to a year is relatively low in comparison. As a result, they would be wise to keep the Jaws-1 pilot running as long is there is any chance of success (Note: I'm not making any suggestions on the chance of commercial success here). You just have to look at Klebb to see how previous mamagement operated that pilotp beyond the point where commercial success wasn't going to be achieved.