EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
OCTOBER 29, 2001
Rated
Water
Rig Name Depth Design Location Status
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Ocean Crusader 200' Mat Cantilever GOM Shipyard
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Ocean Drake 200' Mat Cantilever GOM Contracted
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Ocean Champion 250' Mat Slot GOM Shipyard
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Ocean Columbia 250' Independent Leg Cantilever GOM Contracted
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Ocean Spartan 250' Independent Leg Cantilever GOM Contracted
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Ocean Spur 250' Independent Leg Cantilever GOM Contracted
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Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted
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Ocean Heritage 250' Independent Leg Cantilever Indonesia Contracted
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Ocean King 300' Independent Leg Cantilever GOM Contracted
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Ocean Nugget 300' Independent Leg Cantilever GOM Contracted
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Ocean Summit 300' Independent Leg Cantilever GOM Shipyard
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Ocean Warwick 300' Independent Leg Cantilever GOM Contracted
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Ocean Titan 350' Independent Leg Slot GOM Contracted
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Ocean Tower 350' Independent Leg Slot GOM Contracted
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Ocean Liberator 600' Aker H-3 Ivory Coast Stacked
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Ocean Century 800' Korkut GOM Cold Stacked
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Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Stacked
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Ocean Nomad 1,200' Aker H-3 North Sea Contracted
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Ocean New Era 1,500' Korkut GOM Stacked
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Ocean Bounty 1,500' Victory Class Australia Contracted
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Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted
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Ocean Princess 1,500' Aker H-3 North Sea Contracted
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Ocean Whittington 1,500' Aker H-3 Brazil Contracted
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Ocean Epoch 1,640' Korkut China Contracted
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Ocean General 1,640' Korkut Australia Contracted
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Ocean Prospector 1,700' Victory Class GOM Cold Stacked
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Ocean Endeavor 2,000' Victory Class GOM Contracted
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Ocean Concord 2,200' F&G SS-2000 GOM Contracted
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Ocean Lexington 2,200' F&G SS-2000 GOM Contracted
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Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted
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Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted
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Ocean Voyager 3,200' Victory Class GOM Contracted
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Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted
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Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Contracted
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Ocean Quest 3,500' Victory Class GOM Contracted
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Ocean Winner 3,500' Aker H-3 Brazil Contracted
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Ocean Alliance 5,000' Alliance Class Brazil Contracted
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Ocean Star 5,500' Victory Class GOM Contracted
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Ocean Victory 5,500' Victory Class GOM Contracted
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Ocean America 5,500' Ocean Odyssey GOM Contracted
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Ocean Valiant 5,500' Ocean Odyssey GOM Contracted
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Ocean Baroness 6,500' Victory Class Singapore Shipyard Upgrade
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Ocean Rover 6,500' Victory Class GOM Upgrade
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Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted
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Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted
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Table Continued...
Rig Name Operator Current Term Start Date Estimated End Date
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Ocean Crusader - - mid September 2001 early December 2001
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Ocean Drake Chevron 60-day extension plus option early October 2001 late November 2001
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Ocean Champion - - early August 2001 mid November 2001
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Ocean Columbia Murphy one well plus option early October 2001 early November 2001
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Ocean Spartan BP six month term late May 2001 late November 2001
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Ocean Spur BP 120-day extension plus option early October 2001 early February 2002
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Ocean Sovereign Maxus two-year term mid September 2000 mid October 2002
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Ocean Heritage Maxus one-year term late January 2001 late January 2002
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Ocean King BP one-well mid September 2001 late October 2001
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Ocean Nugget Seneca three workovers plus options early October 2001 mid November 2001
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Ocean Summit - - mid June 2001 mid November 2001
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Ocean Warwick BP 90 day extension plus option early October 2001 early January 2002
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Ocean Titan Dominion one-well plus option late September 2001 early December 2001
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Ocean Tower Spinnaker drill and complete one-well plus late October 2001 early January 2002
option
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Ocean Liberator - - - -
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Ocean Century - - - -
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Ocean Ambassador - - - -
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Ocean Nomad Shell one well late October 2001 mid November 2001
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Ocean New Era - - - -
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Ocean Bounty Bass Strait one well mid October 2001 mid November 2001
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Ocean Guardian Shell nine months plus option mid May 2001 mid February 2002
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Ocean Princess Talisman three-month term early September 2001 early December 2001
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Ocean Whittington Devon one well plus option mid October 2001 mid November 2001
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Ocean Epoch CACT second option well early August 2001 late November 2001
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Ocean General OMV four wells plus one abandonment early October 2001 late January 2002
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Ocean Prospector - - - -
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Ocean Endeavor Walter second of two wells mid October 2001 late November 2001
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Ocean Concord Walter complete one well mid September 2001 early November 2001
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Ocean Lexington Murphy nine month term plus option early June 2001 early March 2002
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Ocean Saratoga Pogo Producing two wells mid August 2001 early December 2001
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Ocean Yorktown Enterprise 15-well development mid September 2001 late August 2003
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Ocean Voyager Westport one well plus option mid September 2001 late October 2001
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Ocean Yatzy Petrobras five-year term plus option early November 1998 early November 2003
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Ocean Worker Shell four-year term plus option mid January 1998 mid January 2002
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Ocean Quest BHP one well mid August 2001 early November 2001
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Ocean Winner Petrobras 18-month extension early July 2001 early November 2002
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Ocean Alliance Petrobras two-year term - DO early September 2000 early September 2002
exercised early
termination option for
third year
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Ocean Star Kerr McGee two wells plus option late October 2001 early December 2001
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Ocean Victory BP three months plus option late October 2001 mid January 2002
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Ocean America Anadarko one well assignment from BP early April 2001 late November 2001
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Ocean Valiant Amerada Hess 810 day term late April 2001 late December 2001
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Ocean Baroness - - - early March 2002
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Ocean Rover - - - Second Quarter 2003
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Ocean Confidence BP five-year term early January 2001 early January 2006
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Ocean Clipper Petrobras three-year term mid January 2000 early January 2003
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Table continued...
Rig Name Dayrate (in thousands) Future Contract and Other Information
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Ocean Crusader - shipyard for scheduled survey then available
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Ocean Drake lower 20's available
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Ocean Champion - shipyard for inspection and repair then available
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Ocean Columbia lower 20's available
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Ocean Spartan upper 40's 120-day extension plus option with BP in mid 40's ending late
March 2002.
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Ocean Spur lower 40's available
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Ocean Sovereign lower 30's available
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Ocean Heritage mid 30's available
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Ocean King mid 50's shipyard for scheduled survey then available
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Ocean Nugget lower 20's available
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Ocean Summit - available
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Ocean Warwick upper 40's available
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Ocean Titan lower 50's available
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Ocean Tower lower 20's available
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Ocean Liberator - available
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Ocean Century - -
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Ocean Ambassador - available
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Ocean Nomad lower 70's two wells with Veba in lower 70's ending mid February 2002.
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Ocean New Era - available
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Ocean Bounty upper 90's Woodside to demobe rig to Freemantle in mid 80's ending early
December 2001
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Ocean Guardian lower 70's available
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Ocean Princess upper 60's three month option plus option with Talisman in upper 70's ending
early March 2002.
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Ocean Whittington lower 60's available
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Ocean Epoch lower 60's five wells plus options with BP in Vietnam in lower 60's ending early
March 2002, rate change after 3/1/02 to lower 70's ending late May 2002.
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Ocean General mid 90's available
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Ocean Prospector - -
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Ocean Endeavor lower 30's available
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Ocean Concord lower 40's available
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Ocean Lexington upper 40's available
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Ocean Saratoga mid 50's available
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Ocean Yorktown lower 60's available
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Ocean Voyager mid 40's available
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Ocean Yatzy 120's available
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Ocean Worker 120's available
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Ocean Quest lower 90's one well with Kerr McGee in lower 80's ending early December 2001
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Ocean Winner lower 80's available
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Ocean Alliance 110's downtime for repairs from early September 2001 through early November
2001. Loss of hire insurance includes 30-day deductible.
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Ocean Star 120's available
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Ocean Victory 120's available
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Ocean America 110's available
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Ocean Valiant 120's available
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Ocean Baroness - LOI for two wells plus options with Murphy in 170's ending mid
August 2002.
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Ocean Rover - available
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Ocean Confidence 170's available
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Ocean Clipper lower 90's available
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NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico