Another tip from me (although I am sure others will have thought of this). If you lathe has a DRO on the the carriage then you also have a DRO on the tailstock. When drilling with the tailstock bring your drill up to touch on your part, now advance your tool holder on the carriage up to the drill chuck until it comes to rest against any flat reference surface on the chuck and zero your dro. Now advance your carriage towards the workpiece until the intended drill depth is displayed on your dro and lock the carriage. The tool holder will now form a stop on the advancing drill chuck at the required depth. Beauty is you can retract the tail stock ram and relocate the tailstock and this stop will still be correct provided you do not movement the drill in the chuck.
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