Exhibit 99.1 ------------ DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF APRIL 16, 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 Walter - ----------------------------------------------------------------------------------------------------------------- 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 Contracted Newfield 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 Abidjan Shipyard - - ----------------------------------------------------------------------------------------------------------------- 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 Contracted - - ----------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Committed - - ----------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Woodside - ----------------------------------------------------------------------------------------------------------------- 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 China Contracted CACT - ----------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Australia Contracted Woodside - ----------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Contracted ExxonMobil - ----------------------------------------------------------------------------------------------------------------- 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 Anadarko - ----------------------------------------------------------------------------------------------------------------- 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 - ----------------------------------------------------------------------------------------------------------------- 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 Anadarko - ----------------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess - ----------------------------------------------------------------------------------------------------------------- Ocean Alliance 5,000' 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 - ----------------------------------------------------------------------------------------------------------------- TABLE CONTINUED..... RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - -------------------------------------------------------------------------------------------------- Ocean Crusader one well mid April 2001 mid May 2001 - -------------------------------------------------------------------------------------------------- Ocean Drake six month extension late March 2001 late September 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Champion two wells mid April 2001 late May 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 April 2001 early October 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Sovereign two-year term mid September 2000 early September 2002 - -------------------------------------------------------------------------------------------------- Ocean Heritage one-year term lateJanuary 2001 late January 2002 - -------------------------------------------------------------------------------------------------- Ocean King 90 day term plus option late February 2001 late May 2001 - -------------------------------------------------------------------------------------------------- Ocean Nugget one well/one workover mid March 2001 late April 2001 - -------------------------------------------------------------------------------------------------- Ocean Summit one well plus option mid February 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Warwick three month extension earlyiApril 2001 early July 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Titan one-well mid February 2001 late April 2001 - -------------------------------------------------------------------------------------------------- Ocean Tower one well mid February 2001 late April 2001 - -------------------------------------------------------------------------------------------------- Ocean Liberator - - - - -------------------------------------------------------------------------------------------------- Ocean Century - - - - -------------------------------------------------------------------------------------------------- Ocean Ambassador two wells plus option mid February 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Nomad - - - - -------------------------------------------------------------------------------------------------- Ocean New Era - mid May 2001 mid August 2001 - -------------------------------------------------------------------------------------------------- Ocean Bounty 180-day contract early March 2001 late October 2001 - -------------------------------------------------------------------------------------------------- Ocean Guardian one well mid August 2000 mid April 2001 - -------------------------------------------------------------------------------------------------- Ocean Princess one well early April 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Whittington three-year term mid March 1998 mid May 2001 - -------------------------------------------------------------------------------------------------- Ocean Epoch one well early March 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean General 200-day term contract mid February 2001 early September 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Prospector - - - - -------------------------------------------------------------------------------------------------- Ocean Endeavor two workovers mid March 2001 mid May 2001 - -------------------------------------------------------------------------------------------------- Ocean Rover - - - - -------------------------------------------------------------------------------------------------- Ocean Concord one well mid April 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Lexington second of three wells late January 2001 early July 2001 - -------------------------------------------------------------------------------------------------- Ocean Saratoga one well mid February 2001 late May 2001 - -------------------------------------------------------------------------------------------------- Ocean Yorktown five-year term early June 1996 early June 2001 - -------------------------------------------------------------------------------------------------- Ocean Voyager one well plus option mid April 2001 mid July 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 one well plus option early April 2001 late May 2001 - -------------------------------------------------------------------------------------------------- Ocean Winner two-year term early May 1999 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Star two wells mid March 2001 late April 2001 - -------------------------------------------------------------------------------------------------- Ocean Victory 180-day extension late March 2001 late September 2001 - -------------------------------------------------------------------------------------------------- Ocean America one well plus option early April 2001 late August 2001 - -------------------------------------------------------------------------------------------------- Ocean Valiant 810 day term late September 1999 late 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 - -------------------------------------------------------------------------------------------------- TABLE CONTINUED.... DAYRATE RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - -------------------------------------------------------------------------------------------- Ocean Crusader upper 30's followed by 2 weeks downtime for ABS leg inspection/repairs ending late May 2001; followed by one well with Walter in lower 40's ending late June 2001; followed by one well plus option with Walter in lower 40's ending mid July 2001 - -------------------------------------------------------------------------------------------- Ocean Drake lower 40's available - -------------------------------------------------------------------------------------------- Ocean Champion upper 30's two wells plus option with Westport in lower 40's ending late July 2001. - -------------------------------------------------------------------------------------------- Ocean Columbia lower 40's available - -------------------------------------------------------------------------------------------- Ocean Spartan lower 40's available - -------------------------------------------------------------------------------------------- Ocean Spur upper 40's available - -------------------------------------------------------------------------------------------- Ocean Sovereign lower 30's shipyard repairs beginning mid December 2000 and ending late June 2001 - -------------------------------------------------------------------------------------------- Ocean Heritage mid 30's available - -------------------------------------------------------------------------------------------- Ocean King lower 50's available - -------------------------------------------------------------------------------------------- Ocean Nugget lower 50's available - -------------------------------------------------------------------------------------------- Ocean Summit lower 40's shipyard for 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 late June 2001 - -------------------------------------------------------------------------------------------- Ocean Tower lower 40's one well extension plus option with Spinnaker in mid 40's ending late May 2001 - -------------------------------------------------------------------------------------------- Ocean Liberator - available - -------------------------------------------------------------------------------------------- Ocean Century - - - -------------------------------------------------------------------------------------------- Ocean Ambassador lower 40's available - -------------------------------------------------------------------------------------------- Ocean Nomad - shipyard repairs beginning mid January 2001 and ending late April 2001; followed by one well with BG in mid 70's ending early June 2001; followed by one well plus two options with Veba in mid 60's ending late September 2001 - -------------------------------------------------------------------------------------------- Ocean New Era - available - -------------------------------------------------------------------------------------------- Ocean Bounty lower 80's available - -------------------------------------------------------------------------------------------- Ocean Guardian lower 40's shipyard ending early May 2001; followed by nine months plus option with Shell in lower 70's ending early February 2002 - -------------------------------------------------------------------------------------------- Ocean Princess upper 30's mid period survey ending late May 2001; followed by one well with Talisman in lower 40's ending late August 2001; followed by three month term plus options with Talisman in high 60's ending late November 2001. - -------------------------------------------------------------------------------------------- Ocean Whittington 100's modification and mobe period with ExxonMobil in mid 30's ending late June 2001, followed by one well with ExxonMobil in lower 60's ending mid August 2001 - -------------------------------------------------------------------------------------------- Ocean Epoch upper 40's one well plus six options with CACT in mid 50's ending mid June 2001 - -------------------------------------------------------------------------------------------- Ocean General lower 80's available - -------------------------------------------------------------------------------------------- Ocean Prospector - - - -------------------------------------------------------------------------------------------- Ocean Endeavor lower 40's available - -------------------------------------------------------------------------------------------- Ocean Rover - - - -------------------------------------------------------------------------------------------- Ocean Concord upper 30's one well plus option with Walter in lower 40's ending mid May 2001; followed by one well plus option in mid 50's ending late May 2001; followed by four wells with Murphy in upper 40's ending late February 2002 - -------------------------------------------------------------------------------------------- Ocean Lexington lower 40's one well plus option with Kerr McGee in lower 50's ending mid July 2001 - -------------------------------------------------------------------------------------------- Ocean Saratoga lower 40's one well with Walter in mid 40's ending late May 2001; followed by one well plus option with Walter in upper 40's ending early July 2001 - -------------------------------------------------------------------------------------------- Ocean Yorktown lower 60's available - -------------------------------------------------------------------------------------------- Ocean Voyager lower 50's available - -------------------------------------------------------------------------------------------- Ocean Yatzy 120's available - -------------------------------------------------------------------------------------------- Ocean Worker 120's available - -------------------------------------------------------------------------------------------- Ocean Quest lower 80's contracted for one well with Kerr McGee in lower 80's ending early July 2001 - -------------------------------------------------------------------------------------------- Ocean Winner lower 80's contracted for 18 month extension with Petrobras in lower 80's ending late October 2002 - -------------------------------------------------------------------------------------------- Ocean Star mid 90's six month extension plus option with Kerr McGee in 100's ending late October 2001 - -------------------------------------------------------------------------------------------- Ocean Victory 110's available - -------------------------------------------------------------------------------------------- Ocean America 110's assignment from BP - -------------------------------------------------------------------------------------------- Ocean Valiant 110's contracted for Conger Prospect in 110's ending late 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