Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF FEBRUARY 12, 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 Dominion
- -----------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg GOM Contracted BP
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Spartan 250' Independent Leg GOM Contracted BP
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Spur 250' Independent Leg GOM Contracted BP
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Indonesia Contracted Maxus
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Heritage 250' Independent Leg Indonesia Contracted Maxus
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg GOM Contracted BP
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg GOM Undergoing Repairs -
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg GOM Contracted Seneca
Cantilever
- -----------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg GOM Contracted BP
Cantilever
- -----------------------------------------------------------------------------------------------------------------
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 Stacked Ready -
- -----------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted Unocal
- -----------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Shipyard Repairs -
- -----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Committed -
- -----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted Woodside
- -----------------------------------------------------------------------------------------------------------------
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Venture
711 Series
- -----------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
- -----------------------------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Brazil Contracted Petrobras
- -----------------------------------------------------------------------------------------------------------------
Ocean Epoch 1,640' Korkut Singapore Stacked Ready -
- -----------------------------------------------------------------------------------------------------------------
Ocean General 1,640' Korkut Australia Contracted OMV
- -----------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
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 6,500' 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 one well mid February 2001 mid March 2001
- --------------------------------------------------------------------------------------------------
Ocean Drake two month extension mid February 2001 mid April 2001
plus option
- --------------------------------------------------------------------------------------------------
Ocean Champion one well plus option late January 2001 late March 2001
- --------------------------------------------------------------------------------------------------
Ocean Columbia six month extension mid January 2000 late July 2001
plus option
- --------------------------------------------------------------------------------------------------
Ocean Spartan six month term late November 2000 late May 2001
plus option
- --------------------------------------------------------------------------------------------------
Ocean Spur six month term early October 2000 early April 2001
plus option
- --------------------------------------------------------------------------------------------------
Ocean Sovereign two-year term mid September 2000 mid July 2001
- --------------------------------------------------------------------------------------------------
Ocean Heritage one-year term late January 2001 late January 2002
- --------------------------------------------------------------------------------------------------
Ocean King 90 day term plus option late October 2000 late February 2001
- --------------------------------------------------------------------------------------------------
Ocean Nugget - late September 2000 early March 2001
- --------------------------------------------------------------------------------------------------
Ocean Summit one well mid February 2001 early May 2001
- --------------------------------------------------------------------------------------------------
Ocean Warwick six month term early October 2000 early April 2001
plus option
- --------------------------------------------------------------------------------------------------
Ocean Titan one-well mid February 2001 mid March 2001
- --------------------------------------------------------------------------------------------------
Ocean Tower one well mid December 2000 mid February 2001
- --------------------------------------------------------------------------------------------------
Ocean Liberator - - -
- --------------------------------------------------------------------------------------------------
Ocean Century - - -
- --------------------------------------------------------------------------------------------------
Ocean Ambassador two wells plus option mid February 2001 mid June 2001
- --------------------------------------------------------------------------------------------------
Ocean Nomad - - -
- --------------------------------------------------------------------------------------------------
Ocean New Era - - -
- --------------------------------------------------------------------------------------------------
Ocean Bounty 90-day contract early March 2001 late May 2001
- --------------------------------------------------------------------------------------------------
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- --------------------------------------------------------------------------------------------------
Ocean Guardian one well mid August 2000 early March 2001
- --------------------------------------------------------------------------------------------------
Ocean Princess two wells early November 2000 mid March 2001
- --------------------------------------------------------------------------------------------------
Ocean Whittington three-year term mid March 1998 mid March 2001
- --------------------------------------------------------------------------------------------------
Ocean Epoch - - -
- --------------------------------------------------------------------------------------------------
Ocean General one well late January 2001 mid February 2001
- --------------------------------------------------------------------------------------------------
Ocean Prospector - - -
- --------------------------------------------------------------------------------------------------
Ocean Endeavor - - -
- --------------------------------------------------------------------------------------------------
Ocean Rover - - -
- --------------------------------------------------------------------------------------------------
Ocean Concord first of two wells mid February 2001 early April 2001
- --------------------------------------------------------------------------------------------------
Ocean Lexington first of three wells late January 2001 late June 2001
- --------------------------------------------------------------------------------------------------
Ocean Saratoga one well plus option mid February 2001 late March 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
- --------------------------------------------------------------------------------------------------
Ocean Worker four-year term mid January 1998 mid January 2002
plus option
- --------------------------------------------------------------------------------------------------
Ocean Quest three wells mid December 2000 early May 2001
- --------------------------------------------------------------------------------------------------
Ocean Winner two-year term early May 1999 early May 2001
- --------------------------------------------------------------------------------------------------
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- --------------------------------------------------------------------------------------------------
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 March 2001
- --------------------------------------------------------------------------------------------------
Ocean Valiant 810 day term late September 1999 early April 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 mid 30's one well plus option with Walter in mid 30's
ending mid April 2001
- -----------------------------------------------------------------------------------------------
Ocean Drake lower 40's available
- -----------------------------------------------------------------------------------------------
Ocean Champion upper 30's available
- -----------------------------------------------------------------------------------------------
Ocean Columbia lower 40's available
- -----------------------------------------------------------------------------------------------
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 mid 30's available
- -----------------------------------------------------------------------------------------------
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 40's spud can inspection ending late May 2001
- -----------------------------------------------------------------------------------------------
Ocean Warwick lower 50's available
- -----------------------------------------------------------------------------------------------
Ocean Titan mid 30's one well extension plus option with Dominion in
mid 40's ending mid April 2001
- -----------------------------------------------------------------------------------------------
Ocean Tower mid 30's one well plus option in upper 40's with Spinnaker
ending late March 2001
- -----------------------------------------------------------------------------------------------
Ocean Liberator - available
- -----------------------------------------------------------------------------------------------
Ocean Century - -
- -----------------------------------------------------------------------------------------------
Ocean Ambassador lower 40's available
- -----------------------------------------------------------------------------------------------
Ocean Nomad - shipyard repairs beginning mid January 2001 and
ending mid April 2001
- -----------------------------------------------------------------------------------------------
Ocean New Era - available
- -----------------------------------------------------------------------------------------------
Ocean Bounty lower 80's available until early March 2001
- -----------------------------------------------------------------------------------------------
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- -----------------------------------------------------------------------------------------------
Ocean Guardian lower 40's shipyard ending late March 2001
- -----------------------------------------------------------------------------------------------
Ocean Princess upper 30's one well with Talisman in upper 30's ending late
May 2001; followed by mid period survey ending mid
June 2001; followed by one well with Talisman in
lower 40's ending mid 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 Epoch - available
- -----------------------------------------------------------------------------------------------
Ocean General lower 60's 200-day term contract with Woodside in lower 80's
ending early September 2001
- -----------------------------------------------------------------------------------------------
Ocean Prospector - -
- -----------------------------------------------------------------------------------------------
Ocean Endeavor - available
- -----------------------------------------------------------------------------------------------
Ocean Rover - -
- -----------------------------------------------------------------------------------------------
Ocean Concord upper 30's one well plus option with Walter in lower 40's
ending mid May 2001
- -----------------------------------------------------------------------------------------------
Ocean Lexington lower 40's available
- -----------------------------------------------------------------------------------------------
Ocean Saratoga lower 40'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
- -----------------------------------------------------------------------------------------------
Ocean Worker 120's available
- -----------------------------------------------------------------------------------------------
Ocean Quest lower 70's contracted for one well plus option with Kerr McGee
in lower 80's ending mid June 2001
- -----------------------------------------------------------------------------------------------
Ocean Winner lower 80's contracted for 18 month extension with Petrobras in
lower 80's ending late October 2002
- -----------------------------------------------------------------------------------------------
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- -----------------------------------------------------------------------------------------------
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
early April 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