Exhibit 99.1
------------
Rated
Water
Rig Name Depth Design Location Status
- ----------------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Champion 250' Mat Slot GOM Cold Stacked
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Ocean Columbia 250' Independent Leg Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted
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Ocean Heritage 250' Independent Leg Cantilever Australia Contracted
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Ocean Spartan 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade
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Ocean Spur 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade
- ----------------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Slot GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 Senegal Shipyard
- ----------------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked
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Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Stacked
- ----------------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked
- ----------------------------------------------------------------------------------------------------------------------
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 Namibia Contracted
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Ocean Epoch 1,640' Korkut Vietnam Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean General 1,640' Korkut Vietnam Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Prospector 1,700' Victory Class GOM Cold Stacked
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Ocean Endeavor 2,000' Victory Class GOM Cold Stacked
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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 Stacked
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Ocean Saratoga 2,200' F&G SS-2000 GOM Stacked
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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 Cold Stacked
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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
- ----------------------------------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted
- ----------------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted
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Ocean Baroness 7,000' Victory Class Malaysia Contracted
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Ocean Rover 7,000' Victory Class Singapore Shipyard 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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Rig Name Operator Current Term Start Date Estimated End Date
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Ocean Crusader Walter Oil & Gas one well early May 2002 mid June 2002
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Ocean Drake ChevronTexaco one well mid April 2002 early June 2002
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Ocean Champion - - early August 2001 -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Columbia Aviara Energy one well mid April 2002 mid June 2002
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Ocean Sovereign CNOOC two-year term mid September 2000 late September 2002
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Ocean Heritage Nexen last well plus demobe to Singapore early March 2002 early July 2002
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Ocean Spartan - - early April 2002 mid September 2002
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Ocean Spur - - mid April 2002 early October 2002
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Ocean King BP one well early May 2002 mid June 2002
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Ocean Nugget Seneca Resources one well mid February 2002 mid June 2002
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Ocean Summit EOG Resources one well plus option late April 2002 mid June 2002
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Ocean Warwick BP 90 day extension plus option early January 2002 early June 2002
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Ocean Titan Dominion one-well plus option mid February 2002 mid June 2002
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Ocean Tower Spinnaker one-well extension mid April 2002 mid July 2002
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Ocean Liberator - - late March 2002 mid July 2002
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Ocean Century - - 1998 -
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Ocean Ambassador - - late January 2002 mid June 2002
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Ocean Nomad - Gap between wells late April 2002 mid June 2002
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Ocean New Era - - late October 2001 -
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Ocean Bounty OMV two wells late May 2002 late July 2002
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Ocean Guardian Shell five wells early February 2002 mid October 2002
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Ocean Princess Talisman two wells mid March 2002 early June 2002
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Ocean Whittington Shell second of two wells early January 2002 early August 2002
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Ocean Epoch BP five wells early December 2001 mid July 2002
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Ocean General PetroVietnam two well program plus options mid May 2002 late September 2002
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Ocean Prospector - - 1998 -
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Ocean Endeavor - - early March 2002 -
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Ocean Concord Walter Oil & Gas three wells mid March 2002 mid June 2002
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Ocean Lexington - - late March 2002 mid June 2002
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Ocean Saratoga - - early February 2002 mid June 2002
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Ocean Yorktown Enterprise 15-well development mid September 2001 late April 2003
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Ocean Voyager - - early March 2002 -
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Ocean Yatzy Petrobras five-year term plus option early November 1998 early November 2003
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Worker Shell three wells plus option late April 2002 late June 2002
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Ocean Quest Kerr McGee eight month contract plus options early November 2001 mid July 2002
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Winner Petrobras 18-month extension early July 2001 early November 2002
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Ocean Alliance Petrobras four-year contract early September 2000 early September 2004
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Star Murphy one well early May 2002 late June 2002
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Ocean Victory BP Holstein Development Project late May 2002 mid August 2002
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Ocean America BHP one well early June 2002 late July 2002
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Ocean Valiant Murphy three wells plus options early January 2002 mid August 2002
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Ocean Baroness Murphy 120 days plus option mid March 2002 mid July 2002
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Ocean Rover - - early January 2002 third 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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Rig Name Dayrate (in thousands) Future Contract and Other Information
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Ocean Crusader high teens one workover with Walter in the high teens ending late June 2002,
followed by two wells with Walter in the lower 20's ending early
August 2002.
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Ocean Drake lower 20's one well plus option with ChevronTexaco in lower 20's ending early
July 2002.
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Ocean Champion - -
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Ocean Columbia mid teens one well plus option with Spinnaker in upper teens ending late July 2002.
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Ocean Sovereign lower 30's Singapore shipyard for leg upgrade ending early February 2003.
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Ocean Heritage lower 80's Singapore shipyard for leg upgrade ending late December 2002.
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Ocean Spartan - available.
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Ocean Spur - available.
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Ocean King lower 20's 90 day term work plus option with BP in lower 20's ending early August 2002.
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Ocean Nugget upper teens three wells with Pogo Producing in upper teens ending late September 2002.
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Ocean Summit upper teens available.
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Ocean Warwick mid 20's available.
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Ocean Titan lower 20's one well with Walter in lower 20's ending mid August 2002, followed by one
well plus option with Walter in lower 20's ending mid October 2002.
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Tower lower 20's Shipyard for cantilever upgrade ending mid January 2003.
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Ocean Liberator - Shipyard in Dakar/available.
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Ocean Century - -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Ambassador - available
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Ocean Nomad - one well plus workover with BHP in mid 80's beginning mid June and ending
late August 2002
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Ocean New Era - available
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Bounty lower 90's one well with ExxonMobil in lower 90's ending mid August 2002, followed one
well plus mobe with Santos in lower 90's ending early October 2002.
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Ocean Guardian lower 90's available
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Ocean Princess lower 70's available.
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Ocean Whittington upper 50's available
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Ocean Epoch lower 70's first option well declared in lower 70's ending late September 2002.
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Ocean General mid 60's available.
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Ocean Prospector - -
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Ocean Endeavor - -
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Ocean Concord upper 20's one well with Walter in lower 30's ending early July 2002, followed by one
well with Walter in lower 30's ending late July 2002, followed by one well
plus option with Walter in mid 30's ending mid August 2002.
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Lexington - available
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Ocean Saratoga - available
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Ocean Yorktown lower 60's available
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Ocean Voyager - -
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Ocean Yatzy 120's available
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Ocean Worker lower 40's available
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Ocean Quest lower 80's available
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Ocean Winner lower 80's available
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Ocean Alliance 110's available
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Ocean Star lower 70's one sidetrack plus option with Murphy in lower 70's ending mid July 2002.
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Victory lower 90's special survey in shipyard ending mid September 2002.
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Ocean America lower 60's available
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Ocean Valiant lower 80's seven month term plus option with Murphy in lower 80's ending mid March 2003.
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Baroness 170's available
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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