Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 1 of 3
DECEMBER 31, 2001
Water
Rated
Rig Name Depth Design Location Status Operator
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted ChevronTexaco
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Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco
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Ocean Champion 250' Mat Slot GOM Shipyard -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Murphy
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Ocean Spartan 250' Independent Leg Cantilever GOM Contracted BP
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Ocean Spur 250' Independent Leg Cantilever GOM Contracted BP
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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 Kerr McGee
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Ocean Nugget 300' Independent Leg Cantilever GOM Contracted ADTI/Seneca
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Ocean Summit 300' Independent Leg Cantilever GOM Contracted DOTS/Seneca
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP
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Ocean Titan 350' Independent Leg Slot GOM Contracted Dominion
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Ocean Tower 350' Independent Leg Slot GOM Contracted Spinnaker
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Ocean Liberator 600' Aker H-3 Gabon Contracted Shell
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted Murphy
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Ocean Nomad 1,200' Aker H-3 North Sea Contracted Veba
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Ocean New Era 1,500' Korkut GOM Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted Woodside
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Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted Shell
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Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
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Ocean Whittington 1,500' Aker H-3 Brazil Contracted Shell
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Ocean Epoch 1,640' Korkut Vietnam Contracted BP
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Ocean General 1,640' Korkut Australia Contracted OMV
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Ocean Prospector 1,700' Victory Class GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Endeavor 2,000' Victory Class GOM Contracted Walter
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Ocean Concord 2,200' F&G SS-2000 GOM Contracted Amerada Hess
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Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Murphy
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Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Amerada Hess
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Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Enterprise
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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
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Ocean Quest 3,500' Victory Class GOM Contracted Kerr McGee
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Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
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Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras
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Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee
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Ocean Victory 5,500' Victory Class GOM Contracted BP
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Ocean America 5,500' Ocean Odyssey GOM Contracted Anadarko
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Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess
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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
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Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras
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Table continued...
Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 2 of 3
DECEMBER 31, 2001
Dayrate
Rig Name Current Term Start Date Estimated End Date (in thousands)
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Ocean Crusader one well plus options early December 2001 mid January 2002 lower 20's
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Ocean Drake 60-day extension plus option mid December 2001 late January 2002 lower 20's
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Ocean Champion - early August 2001 early January 2002 -
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Ocean Columbia one workover plus option late December 2001 early February 2002 lower 20's
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Ocean Spartan 120-day extension plus option early December 2001 late March 2002 upper 40's
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Ocean Spur 120-day extension plus option early October 2001 early February 2002 lower 40's
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Ocean Sovereign two-year term mid September 2000 mid October 2002 lower 30's
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Ocean Heritage one-year term late January 2001 late January 2002 mid 30's
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Ocean King one well late December 2001 mid March 2002 mid 20's
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Ocean Nugget one well early December 2001 early January 2002 upper teens
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Ocean Summit one well mid December 2001 mid January 2002 upper teens
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Ocean Warwick 90 day extension plus option early October 2001 early January 2002 upper 40's
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Ocean Titan one-well plus option late September 2001 early January 2002 lower 50's
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Ocean Tower drill and complete one-well plus option late October 2001 early January 2002 lower 20's
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Ocean Liberator one well mid December 2001 mid January 2002 upper 50's
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Ocean Century - - - -
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Ocean Ambassador one well plus options for 2 completions early January 2002 mid February 2002 mid 30's
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Ocean Nomad two wells late November 2001 early March 2002 lower 70's
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Ocean New Era - - - -
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Ocean Bounty one well early January 2002 late January 2002 mid 90's
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Ocean Guardian nine months plus option mid May 2001 mid February 2002 lower 70's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Princess three-month term early December 2001 late March 2002 upper 70's
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Ocean Whittington two wells plus 2 options early January 2002 early June 2002 upper 50's
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Ocean Epoch five wells plus options early December 2001 early June 2002 lower 60's
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Ocean General four wells plus one abandonment early October 2001 mid January 2002 mid 90's
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Ocean Prospector - - - -
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Ocean Endeavor one well mid December 2001 late January 2002 lower 30's
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Ocean Concord one well early December 2001 early January 2002 mid 30's
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Ocean Lexington nine month term plus option early June 2001 early March 2002 upper 40's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Saratoga subsea completion late December 2001 early February 2002 lower 30's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Yorktown 15-well development mid September 2001 late August 2003 lower 60's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Voyager one well plus option early November 2001 early January 2002 lower 30's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Yatzy five-year term plus option early November 1998 early November 2003 120's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Worker four-year term plus option mid January 1998 mid January 2002 120's
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Ocean Quest one well early November 2001 early January 2002 lower 80's
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Ocean Winner 18-month extension early July 2001 early November 2002 lower 80's
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Ocean Alliance two-year contract early September 2000 early September 2002 110's
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Ocean Star two wells plus option late October 2001 early January 2002 120's
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Ocean Victory three months plus option late October 2001 mid January 2002 120's
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Ocean America one well assignment from BP early April 2001 early January 2002 110's
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Ocean Valiant 810 day term late April 2001 early January 2002 120's
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Ocean Baroness - - early March 2002 -
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Ocean Rover - - Second Quarter 2003 -
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Ocean Confidence five-year term early January 2001 early January 2006 170's
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Clipper three-year term mid January 2000 early January 2003 lower 90's
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Table continued...
Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 3 of 3
DECEMBER 31, 2001
Rig Name Future Contract and Other Information
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Ocean Crusader available
- -------------------------------------------------------------------------------------------------------------------
Ocean Drake available
- -------------------------------------------------------------------------------------------------------------------
Ocean Champion shipyard for inspection and repair then available
- -------------------------------------------------------------------------------------------------------------------
Ocean Columbia available
- -------------------------------------------------------------------------------------------------------------------
Ocean Spartan available
- -------------------------------------------------------------------------------------------------------------------
Ocean Spur available
- -------------------------------------------------------------------------------------------------------------------
Ocean Sovereign available
- -------------------------------------------------------------------------------------------------------------------
Ocean Heritage one well and one workover plus option with Nexen in Australia in lower 80's ending in late
March 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean King shipyard for scheduled survey then available.
- -------------------------------------------------------------------------------------------------------------------
Ocean Nugget one workover with Seneca Resource in upper teens ending mid January 2002
- -------------------------------------------------------------------------------------------------------------------
Ocean Summit available
- -------------------------------------------------------------------------------------------------------------------
Ocean Warwick available
- -------------------------------------------------------------------------------------------------------------------
Ocean Titan available
- -------------------------------------------------------------------------------------------------------------------
Ocean Tower available
- -------------------------------------------------------------------------------------------------------------------
Ocean Liberator available
- -------------------------------------------------------------------------------------------------------------------
Ocean Century -
- -------------------------------------------------------------------------------------------------------------------
Ocean Ambassador available
- -------------------------------------------------------------------------------------------------------------------
Ocean Nomad available
- -------------------------------------------------------------------------------------------------------------------
Ocean New Era available
- -------------------------------------------------------------------------------------------------------------------
Ocean Bounty available
- -------------------------------------------------------------------------------------------------------------------
Ocean Guardian five-well extension with Shell in lower 90's ending mid October 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean Princess available
- -------------------------------------------------------------------------------------------------------------------
Ocean Whittington available
- -------------------------------------------------------------------------------------------------------------------
Ocean Epoch Rate change after 3/1/02 to lower 70's ending early June 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean General two wells plus two options with Anadarko in upper 90's ending mid February 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean Prospector -
- -------------------------------------------------------------------------------------------------------------------
Ocean Endeavor available
- -------------------------------------------------------------------------------------------------------------------
Ocean Concord available
- -------------------------------------------------------------------------------------------------------------------
Ocean Lexington available
- -------------------------------------------------------------------------------------------------------------------
Ocean Saratoga available
- -------------------------------------------------------------------------------------------------------------------
Ocean Yorktown available
- -------------------------------------------------------------------------------------------------------------------
Ocean Voyager available
- -------------------------------------------------------------------------------------------------------------------
Ocean Yatzy available
- -------------------------------------------------------------------------------------------------------------------
Ocean Worker available
- -------------------------------------------------------------------------------------------------------------------
Ocean Quest eight month contract plus options with Kerr McGee in lower 80's ending late July 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean Winner available
- -------------------------------------------------------------------------------------------------------------------
Ocean Alliance downtime for repairs from early September 2001 through early November 2001. Loss of hire
insurance includes 30-day deductible.
- -------------------------------------------------------------------------------------------------------------------
Ocean Star one well completion plus 2 well option with Kerr McGee in 110's ending late January 2002
followed by a 30-day scheduled survey ending late February 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean Victory two month extension with BP in 110's ending mid March 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean America available
- -------------------------------------------------------------------------------------------------------------------
Ocean Valiant available
- -------------------------------------------------------------------------------------------------------------------
Ocean Baroness LOI for two wells plus options with Murphy in 170's ending mid August 2002.
- -------------------------------------------------------------------------------------------------------------------
Ocean Rover available
- -------------------------------------------------------------------------------------------------------------------
Ocean Confidence available
- -------------------------------------------------------------------------------------------------------------------
Ocean Clipper available
- -------------------------------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico