Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 1 of 3 NOVEMBER 28, 2001 Rated Water Rig Name Depth Design Location Status Operator - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted Chevron - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- 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 Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Contracted ADTI/Seneca - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- 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 Ivory Coast Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Contracted Veba - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Woodside - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 Brazil Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut China Contracted CACT - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Australia Contracted OMV - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Contracted Walter - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord 2,200' F&G SS-2000 GOM Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Pogo Producing - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Enterprise - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Contracted Westport - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance 5,000' Alliance Class 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 Baroness 6,500' Victory Class Singapore Shipyard Upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover 6,500' Victory Class Enroute to 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... Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 2 of 3 NOVEMBER 28, 2001 Rig Name Current Term Start Date Estimated End Date - -------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader - mid September 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Drake 60-day extension plus option early October 2001 late November 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Champion - early August 2001 late November 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia one well plus option early October 2001 late November 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan six month term late May 2001 late November 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spur 120-day extension plus option early October 2001 early February 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign two-year term mid September 2000 mid October 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage one-year term late January 2001 late January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean King - early November 2001 mid December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget one well late November 2001 late December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Summit - mid June 2001 late November 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick 90 day extension plus option early October 2001 early January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Titan one-well plus option late September 2001 early January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Tower drill and complete one-well plus option late October 2001 early January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Century - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad two wells late November 2001 early March 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty demobe to Freemantle, W.A. late November 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian nine months plus option mid May 2001 mid February 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Princess three-month term early September 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington preparing for mobe late November 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch demobe late November 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean General four wells plus one abandonment early October 2001 mid January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor one well late November 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Concord - - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington nine month term plus option early June 2001 early March 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga two wells mid August 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 15-well development mid September 2001 late August 2003 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager one well plus option early November 2001 mid December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy five-year term plus option early November 1998 early November 2003 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Worker four-year term plus option mid January 1998 mid January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Quest one well early November 2001 late January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Winner 18-month extension early July 2001 early November 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance two-year contract early September 2000 early September 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Star two wells plus option late October 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Victory three months plus option late October 2001 mid January 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean America one well assignment from BP early April 2001 early December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant 810 day term late April 2001 late December 2001 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness - - early March 2002 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - - Second Quarter 2003 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence five-year term early January 2001 early January 2006 - -------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper three-year term mid January 2000 early January 2003 - -------------------------------------------------------------------------------------------------------------------------------- Table continued... Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 3 of 3 NOVEMBER 28, 2001 Dayrate (in Rig Name thousands) Future Contract and Other Information - -------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader - shipyard for scheduled survey then one well plus options with ChevronTexaco in lower 20's ending late December 2001. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Drake lower 20's sixty-day extension with plus option with ChevronTexaco in lower 20's ending late January 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Champion - shipyard for inspection and repair then available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia lower 20's one-well workover plus option with Murphy in lower 20's ending late December 2001. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan upper 40's 120-day extension plus option with BP in mid 40's ending late March 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spur lower 40's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign lower 30's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage mid 30's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean King - shipyard for scheduled survey then available. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget lower 20's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Summit - available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick upper 40's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Titan lower 50's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Tower lower 20's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator - available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Century - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador - available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad lower 70's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty mid 80's subsea completions upgrade ending mid January 2002, followed by one-well with Woodside in mid 90's ending early February 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian lower 70's eight-month extension with Shell in lower 90's ending mid October 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Princess upper 60's three month option plus option with Talisman in upper 70's ending late March 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington - Mobilize to Namibia (lump sum) ending late December 2001, followed by two wells plus 2 options with Shell in upper 50's ending late May 2001. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch mid 40'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 early June 2001. - -------------------------------------------------------------------------------------------------------------------------------- Ocean General mid 90's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor lower 30's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Concord - shipyard through early December for hull repair, followed by one well with Amerada Hess in mid 30's ending mid January 2001, followed by one well with Amerada Hess in lower 30's ending mid February 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington upper 40's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga mid 50's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown lower 60's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager lower 30's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy 120's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Worker 120's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Quest lower 80's eight month contract plus options with Kerr McGee in lower 80's ending late July 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Winner lower 80's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance 110's downtime for repairs from early September 2001 through early November 2001. Loss of hire insurance includes 30-day deductible. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Star 120's one well completon plus 2 well option with Kerr McGee in 110's ending mid January 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Victory 120's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean America 110's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant 120's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness - LOI for two wells plus options with Murphy in 170's ending mid August 2002. - -------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence 170's available - -------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper lower 90's available - -------------------------------------------------------------------------------------------------------------------------------- NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico