In the my early years I made a wooden jig out of a piece of 2x6. I cut a V notch in it leaving the necessary amount left so a hold drilled thru the center of the 2x6 into the V, held the drill bit where it needed to be, and so I didn't drill too deep, and go out the opposite side. That worked OK but it was another thing to carry. I now use DSD stubby bits for a 5/16" hole. I don't know if they offer a stubby the size you need.
My thought was always, KISMIF (keep it simple, make it fun), I figured those costly tools to make the hole were made for those with far more taps than I ever had.
Dave Klish, I recently ordered a 2x6 wood fired evaporator from A&A Sheet Metal which I will be converting to oil fired
Now have solar, 2x6 finish pan, 5 bank 7x7 filter press, large water jacketed bottler, and tankless water heater.
Recently bought another Gingerich RO, this one was a 125, but a second membrane was added thus is a 250, like I had.
After running a 2x3, a 2x6, 3x8 tapping from 79 taps up to 1320 all woodfired, now I'm going to a 2x6 oil fired and a 200-425 taps.