Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF JANUARY 22, 2001
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- --------------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted Walter
- --------------------------------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted Chevron
- --------------------------------------------------------------------------------------------------------------------
Ocean Champion 250' Mat Slot GOM Contracted Pogo
- --------------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg Cantilever GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Spartan 250' Independent Leg Cantilever GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Spur 250' Independent Leg Cantilever GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted Maxus
- --------------------------------------------------------------------------------------------------------------------
Ocean Heritage 250' Independent Leg Cantilever Indonesia Contracted Maxus
- --------------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg Cantilever GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg Cantilever GOM Undergoing Repairs -
- --------------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg Cantilever GOM Contracted EOG Resources
- --------------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted Dominion
- --------------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Slot GOM Contracted Spinnaker
- --------------------------------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 Cote D'lvoire Contracted DOTS/Santa Fe
- --------------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked -
- --------------------------------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Stacked Ready -
- --------------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Shipyard Repairs -
- --------------------------------------------------------------------------------------------------------------------
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- --------------------------------------------------------------------------------------------------------------------
Ocean Epoch 1,200' Korkut Singapore Stacked Ready -
- --------------------------------------------------------------------------------------------------------------------
Ocean General 1,200' Korkut Australia Contracted Coastal
- --------------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked Ready -
- --------------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted Woodside
- --------------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco 711 North Sea Contracted Venture
Series
- --------------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
- --------------------------------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Brazil Contracted Petrobras
- --------------------------------------------------------------------------------------------------------------------
Ocean Prospector 1,700' Victory Class GOM Cold Stacked -
- --------------------------------------------------------------------------------------------------------------------
Ocean Endeavor 2,000' Victory Class GOM Stacked Ready -
- --------------------------------------------------------------------------------------------------------------------
Ocean Rover 2,000' Victory Class GOM Cold Stacked -
- --------------------------------------------------------------------------------------------------------------------
Ocean Concord 2,200' F&G SS-2000 GOM Contracted Walter
- --------------------------------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Kerr McGee
- --------------------------------------------------------------------------------------------------------------------
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Walter
- --------------------------------------------------------------------------------------------------------------------
Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Petrobras
- --------------------------------------------------------------------------------------------------------------------
Ocean Voyager 3,200' Victory Class GOM Contracted Mariner
- --------------------------------------------------------------------------------------------------------------------
Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras
- --------------------------------------------------------------------------------------------------------------------
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- --------------------------------------------------------------------------------------------------------------------
Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted Shell
Pacesetter
- --------------------------------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted Kerr McGee
- --------------------------------------------------------------------------------------------------------------------
Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
- --------------------------------------------------------------------------------------------------------------------
Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee
- --------------------------------------------------------------------------------------------------------------------
Ocean Victory 5,500' Victory Class GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess
- --------------------------------------------------------------------------------------------------------------------
Ocean Alliance 5,500' DP Ocean Ranger II Brazil Contracted Petrobras
Modified
- --------------------------------------------------------------------------------------------------------------------
Ocean Baroness 6,000' Victory Class Singapore Shipyard Upgrade -
- --------------------------------------------------------------------------------------------------------------------
Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP
- --------------------------------------------------------------------------------------------------------------------
Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras
- --------------------------------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE CONTINUED **
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- -------------------------------------------------------------------------------------------------
Ocean Crusader first of two wells late November 2000 early February 2001
- -------------------------------------------------------------------------------------------------
Ocean Drake four month extension late September 2000 late January 2001
- -------------------------------------------------------------------------------------------------
Ocean Champion one well plus option early January 2001 late January 2001
- -------------------------------------------------------------------------------------------------
Ocean Columbia one year term plus mid January 2000 mid January 2001
option
- -------------------------------------------------------------------------------------------------
Ocean Spartan six month term plus late November 2000 late May 2001
option
- -------------------------------------------------------------------------------------------------
Ocean Spur six month term plus early October 2000 early April 2001
option
- -------------------------------------------------------------------------------------------------
Ocean Sovereign two-year term mid September 2000 early August 2002
- -------------------------------------------------------------------------------------------------
Ocean Heritage Substitution for Ocean mid October 2000 mid April 2002
Sovereign
- -------------------------------------------------------------------------------------------------
Ocean King 90 day term plus option late October 2000 late February 2001
- -------------------------------------------------------------------------------------------------
Ocean Nugget - late September 2000 early March 2001
- -------------------------------------------------------------------------------------------------
Ocean Summit completion of previous early January 2001 late January 2001
well
- -------------------------------------------------------------------------------------------------
Ocean Warwick six month term plus early October 2000 early April 2001
option
- -------------------------------------------------------------------------------------------------
Ocean Titan one-well plus option early December 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Tower one well plus option mid December 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Liberator second of two wells late October 2000 late January 2001
- -------------------------------------------------------------------------------------------------
Ocean Century - - -
- -------------------------------------------------------------------------------------------------
Ocean Ambassador - - -
- -------------------------------------------------------------------------------------------------
Ocean Nomad - - -
- -------------------------------------------------------------------------------------------------
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- -------------------------------------------------------------------------------------------------
Ocean Epoch - - -
- -------------------------------------------------------------------------------------------------
Ocean General one well plus two early December 2000 mid January 2001
options
- -------------------------------------------------------------------------------------------------
Ocean New Era - - -
- -------------------------------------------------------------------------------------------------
Ocean Bounty 90-day contract early March 2001 late May 2001
- -------------------------------------------------------------------------------------------------
Ocean Guardian one well mid August 2000 late January 2001
- -------------------------------------------------------------------------------------------------
Ocean Princess two wells early November 2000 mid March 2001
- -------------------------------------------------------------------------------------------------
Ocean Whittington three-year term mid March 1998 mid March 2001
- -------------------------------------------------------------------------------------------------
Ocean Prospector - - -
- -------------------------------------------------------------------------------------------------
Ocean Endeavor - - -
- -------------------------------------------------------------------------------------------------
Ocean Rover - - -
- -------------------------------------------------------------------------------------------------
Ocean Concord one-well mid November 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Lexington P&A program early December 2000 late January 2001
early July 2001
- -------------------------------------------------------------------------------------------------
Ocean Saratoga one well early November 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Yorktown five-year term early June 1996 early June 2001
- -------------------------------------------------------------------------------------------------
Ocean Voyager one well early November 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Yatzy five-year term early November 1998 early November 2003
- -------------------------------------------------------------------------------------------------
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- -------------------------------------------------------------------------------------------------
Ocean Worker four-year term plus mid January 1998 mid January 2002
option
- -------------------------------------------------------------------------------------------------
Ocean Quest three wells mid December 2000 early April 2001
- -------------------------------------------------------------------------------------------------
Ocean Winner two-year term early May 1999 early May 2001
- -------------------------------------------------------------------------------------------------
Ocean Star two wells early December 2000 late February 2001
- -------------------------------------------------------------------------------------------------
Ocean Victory three-year term mid November 1997 early March 2001
- -------------------------------------------------------------------------------------------------
Ocean America one well late August 2000 mid February 2001
- -------------------------------------------------------------------------------------------------
Ocean Valiant 810 day term late September 1999 late March 2001
- -------------------------------------------------------------------------------------------------
Ocean Alliance three-year term early September 2000 early September 2003
- -------------------------------------------------------------------------------------------------
Ocean Baroness - - February 2002
- -------------------------------------------------------------------------------------------------
Ocean Confidence five-year term early January 2001 early January 2006
- -------------------------------------------------------------------------------------------------
Ocean Clipper three-year term mid January 2000 mid January 2003
- -------------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE CONTINUED **
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- -------------------------------------------------------------------------------------------
Ocean Crusader lower 20's one well with Walter in mid 30's ending early March
2001; followed by one well with Walter in mid 30's
ending early April 2001
- -------------------------------------------------------------------------------------------
Ocean Drake mid 30's two-month extension plus option with Chevron in
lower 40's ending early April 2001
- -------------------------------------------------------------------------------------------
Ocean Champion mid 30's one well plus option in upper 30's with Dominion
ending early April 2001
- -------------------------------------------------------------------------------------------
Ocean Columbia upper teens six month extension plus option in lower 40's ending
mid July 2001
- -------------------------------------------------------------------------------------------
Ocean Spartan lower 40's available
- -------------------------------------------------------------------------------------------
Ocean Spur upper 30's available
- -------------------------------------------------------------------------------------------
Ocean Sovereign lower 30's shipyard repairs beginning mid December 2000 and
ending mid April 2001
- -------------------------------------------------------------------------------------------
Ocean Heritage lower 30's substitution for Ocean Sovereign beginning early
October 2000 ending mid April 2001
- -------------------------------------------------------------------------------------------
Ocean King lower 50's 90-day extension plus option with BP in lower 50's
ending late May 2001
- -------------------------------------------------------------------------------------------
Ocean Nugget - available
- -------------------------------------------------------------------------------------------
Ocean Summit lower 30's available
- -------------------------------------------------------------------------------------------
Ocean Warwick lower 50's available
- -------------------------------------------------------------------------------------------
Ocean Titan mid 30's available
- -------------------------------------------------------------------------------------------
Ocean Tower mid 30's one well plus option in upper 40's with Spinnaker
ending late March 2001
- -------------------------------------------------------------------------------------------
Ocean Liberator lower 40's available
- -------------------------------------------------------------------------------------------
Ocean Century - -
- -------------------------------------------------------------------------------------------
Ocean Ambassador - available
- -------------------------------------------------------------------------------------------
Ocean Nomad - shipyard repairs beginning mid January 2001 and
ending mid April 2001
- -------------------------------------------------------------------------------------------
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- -------------------------------------------------------------------------------------------
Ocean Epoch - available
- -------------------------------------------------------------------------------------------
Ocean General upper 40's contracted for one well with OMV in lower 60's
ending mid February 2001; followed by 200-day term
contract with Woodside in lower 80's ending early
September 2001
- -------------------------------------------------------------------------------------------
Ocean New Era - available
- -------------------------------------------------------------------------------------------
Ocean Bounty lower 80's available until early March 2001
- -------------------------------------------------------------------------------------------
Ocean Guardian lower 40's contracted for one workover extension with Venture
in lower 40's ending mid February 2001; followed by
shipyard ending late February 2001
- -------------------------------------------------------------------------------------------
Ocean Princess upper 30's one well with Talisman in upper 30's ending late
May 2001; followed by one well with Talisman in
lower 40's ending early July 2001; followed by
three month term plus options with Talisman in
high 60's ending early October 2001.
- -------------------------------------------------------------------------------------------
Ocean Whittington 100's available
- -------------------------------------------------------------------------------------------
Ocean Prospector - -
- -------------------------------------------------------------------------------------------
Ocean Endeavor - available
- -------------------------------------------------------------------------------------------
Ocean Rover - -
- -------------------------------------------------------------------------------------------
Ocean Concord lower 30's two wells plus option with Walter in upper 30's
ending late February 2001
- -------------------------------------------------------------------------------------------
Ocean Lexington mid 30's spar program with Kerr McGee in lower 40's ending
- -------------------------------------------------------------------------------------------
Ocean Saratoga mid 30's available
- -------------------------------------------------------------------------------------------
Ocean Yorktown lower 60's available
- -------------------------------------------------------------------------------------------
Ocean Voyager lower 40's contracted for one well extension with option with
Mariner in lower 40's ending mid March 2001
- -------------------------------------------------------------------------------------------
Ocean Yatzy 120's available
- -------------------------------------------------------------------------------------------
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- -------------------------------------------------------------------------------------------
Ocean Worker 120's available
- -------------------------------------------------------------------------------------------
Ocean Quest lower 70's available
- -------------------------------------------------------------------------------------------
Ocean Winner lower 80's contracted for 18 month extension with Petrobras in
lower 80's ending late October 2002
- -------------------------------------------------------------------------------------------
Ocean Star mid 80's contracted for two well extension with Kerr McGee in
mid 90's ending late April 2001; followed by six
month extension plus option with Kerr McGee in
100's ending late October 2001
- -------------------------------------------------------------------------------------------
Ocean Victory 120's contracted for 180 day extension plus option with
BP in 110's ending late August 2001
- -------------------------------------------------------------------------------------------
Ocean America lower 80's one well extension plus option with BP in 110's
ending mid June 2001
- -------------------------------------------------------------------------------------------
Ocean Valiant 110's contracted for Conger Prospect in 110's ending late
March 2001; followed by 120's ending late December
2001
- -------------------------------------------------------------------------------------------
Ocean Alliance 110's available
- -------------------------------------------------------------------------------------------
Ocean Baroness - available
- -------------------------------------------------------------------------------------------
Ocean Confidence 170's available
- -------------------------------------------------------------------------------------------
Ocean Clipper lower 90's available
- -------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico