Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 1 of 3
JULY 15, 2002
Rated
Water
Rig Name Depth Design Location Status Operator
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted Walter Oil & Gas
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Champion 250' Mat Slot GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Spinnaker
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Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted CNOOC
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Heritage 300' Independent Leg Cantilever Singapore Shipyard for water-depth upgrade -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Spur 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg Cantilever GOM Contracted BP
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg Cantilever GOM Contracted Seneca Resources
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg Cantilever GOM Contracted EOG Resources
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP
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Ocean Titan 350' Independent Leg Slot GOM Contracted Dominion
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Slot GOM Contracted Spinnaker
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Ocean Liberator 600' Aker H-3 Senegal Shipyard -
- -----------------------------------------------------------------------------------------------------------------------------------
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 BHP
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted OMV
- -----------------------------------------------------------------------------------------------------------------------------------
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 Ghana Contracted Dana
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Ocean Epoch 1,640' Korkut Vietnam Contracted BP
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean General 1,640' Korkut Vietnam Contracted PetroVietnam
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Prospector 1,700' Victory Class GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Endeavor 2,000' Victory Class GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Concord 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas
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Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Kerr McGee
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Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted DOTS/LLOG
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Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Enterprise
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Voyager 3,200' Victory Class GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Standby -
- -----------------------------------------------------------------------------------------------------------------------------------
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 Murphy
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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 BHP
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Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Murphy
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Ocean Baroness 7,000' Victory Class Malaysia Contracted Murphy
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Ocean Rover 7,000' 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
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Table continued...
Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 2 of 3
JULY 15, 2002
Rig Name Current Term Start Date Estimated End Date Dayrate (in thousands)
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Crusader one well early May 2002 mid July 2002 high teens
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Drake one well early July 2002 late August 2002 lower 20's
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Ocean Champion - early August 2001 - -
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Ocean Columbia one well early July 2002 mid August 2002 upper teens
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Ocean Sovereign two-year term mid September 2000 late September 2002 lower 30's
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Ocean Heritage - late June 2002 late December 2002 -
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Ocean Spartan - early April 2002 early October 2002 -
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Ocean Spur - mid April 2002 mid November 2002 -
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Ocean King one well early May 2002 mid July 2002 lower 20's
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Ocean Nugget one well mid February 2002 mid July 2002 upper teens
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Ocean Summit one well plus option mid June 2002 late August 2002 upper teens
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Ocean Warwick one year early January 2002 late December 2002 mid 20's
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Ocean Titan one-well plus option mid February 2002 mid July 2002 lower 20's
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Ocean Tower one-well extension mid April 2002 mid July 2002 lower 20's
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Ocean Liberator - late March 2002 late August 2002 -
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Ocean Century - 1998 - -
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Ocean Ambassador - late January 2002 early August 2002 -
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Ocean Nomad one well plus workover mid June 2002 early September 2003 mid 80's
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Ocean New Era - late October 2001 - -
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Ocean Bounty one well late May 2002 late July 2002 lower 90's
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Ocean Guardian five wells early February 2002 mid October 2002 lower 90's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Princess two wells mid March 2002 late August 2002 lower 70's
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Ocean Whittington mobe plus one well early July 2002 early September 2002 lower 50's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Epoch five wells early December 2001 late July 2002 lower 70's
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Ocean General two well program plus options mid May 2002 early December 2002 mid 60's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Prospector - 1998 - -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Endeavor - early March 2002 - -
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Ocean Concord three wells mid June 2002 late July 2002 upper 20's
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Ocean Lexington one well plus option late July 2002 mid August 2002 mid 30's
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Ocean Saratoga second of two wells plus option early July 2002 late July 2002 mid 30's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Yorktown 15-well development mid September 2001 mid May 2003 lower 60's
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Ocean Voyager - early March 2002 - -
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Ocean Yatzy five-year term plus option early November 1998 early November 2003 120's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Worker Gap between wells early July 2002 early August 2002 -
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Quest one well mid July 2002 late July 2002 mid 70's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 early November 2002 lower 80's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004 110's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Star one well early May 2002 mid July 2002 lower 70's
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Ocean Victory Holstein Development Project late May 2002 mid August 2002 lower 90's
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Ocean America one well early June 2002 late July 2002 lower 60's
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Ocean Valiant three wells plus options early January 2002 late August 2002 lower 80's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Baroness 120 days plus option mid March 2002 late July 2002 170's
- -----------------------------------------------------------------------------------------------------------------------------------
Ocean Rover - early January 2002 third quarter 2003 -
- -----------------------------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------------------------
Table continued...
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 3 of 3
JULY 15, 2002
Rig Name Future Contract and Other Information
- -------------------------------------------------------------------------------
Ocean Crusader one workover with Walter in the high teens ending late
July 2002, followed by two wells with Walter in the
lower 20's ending early September 2002.
- -------------------------------------------------------------------------------
Ocean Drake available.
- -------------------------------------------------------------------------------
Ocean Champion -
- -------------------------------------------------------------------------------
Ocean Columbia available.
- -------------------------------------------------------------------------------
Ocean Sovereign Singapore shipyard for leg upgrade ending early
February 2003.
- -------------------------------------------------------------------------------
Ocean Heritage available.
- -------------------------------------------------------------------------------
Ocean Spartan available.
- -------------------------------------------------------------------------------
Ocean Spur available.
- -------------------------------------------------------------------------------
Ocean King 90 day term work plus option with BP in lower 20's
ending early August 2002; followed by 90 day extension
plus option with BP in upper 20's ending early November
2002.
- -------------------------------------------------------------------------------
Ocean Nugget three wells with Pogo Producing in upper teens ending
late September 2002.
- -------------------------------------------------------------------------------
Ocean Summit one well plus option with EOG in upper 20's ending mid
October 2002.
- -------------------------------------------------------------------------------
Ocean Warwick available.
- -------------------------------------------------------------------------------
Ocean Titan 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 November 2002.
- -------------------------------------------------------------------------------
Ocean Tower Shipyard for cantilever upgrade ending mid January 2003.
- -------------------------------------------------------------------------------
Ocean Liberator Shipyard in Dakar/available.
- -------------------------------------------------------------------------------
Ocean Century -
- -------------------------------------------------------------------------------
Ocean Ambassador available.
- -------------------------------------------------------------------------------
Ocean Nomad available.
- -------------------------------------------------------------------------------
Ocean New Era available.
- -------------------------------------------------------------------------------
Ocean Bounty one well with ExxonMobil in lower 90's ending mid August
2002, followed by one well plus demobe with Santos in
lower 90's ending early October 2002.
- -------------------------------------------------------------------------------
Ocean Guardian available
- -------------------------------------------------------------------------------
Ocean Princess available.
- -------------------------------------------------------------------------------
Ocean Whittington available
- -------------------------------------------------------------------------------
Ocean Epoch first option well declared in lower 70's ending early
October 2002.
- -------------------------------------------------------------------------------
Ocean General available.
- -------------------------------------------------------------------------------
Ocean Prospector -
- -------------------------------------------------------------------------------
Ocean Endeavor -
- -------------------------------------------------------------------------------
Ocean Concord one well with Walter in lower 30's ending mid August
2002, followed by one well plus option with Walter in
mid 30's ending early September 2002.
- -------------------------------------------------------------------------------
Ocean Lexington available
- -------------------------------------------------------------------------------
Ocean Saratoga available
- -------------------------------------------------------------------------------
Ocean Yorktown available
- -------------------------------------------------------------------------------
Ocean Voyager -
- -------------------------------------------------------------------------------
Ocean Yatzy available
- -------------------------------------------------------------------------------
Ocean Worker one well with Devon in lower 40's ending late September
2002.
- -------------------------------------------------------------------------------
Ocean Quest one well and one tieback plus option with Kerr McGee in
mid 70's ending early October 2002; followed by special
survey in shipyard ending late October 2002.
- -------------------------------------------------------------------------------
Ocean Winner one year extension in lower 60's with Petrobras ending
early November 2003.
- -------------------------------------------------------------------------------
Ocean Alliance available.
- -------------------------------------------------------------------------------
Ocean Star available.
- -------------------------------------------------------------------------------
Ocean Victory special survey in shipyard ending mid September 2002.
- -------------------------------------------------------------------------------
Ocean America available
- -------------------------------------------------------------------------------
Ocean Valiant seven month term plus option with Murphy in lower 80's
ending late March 2003.
- -------------------------------------------------------------------------------
Ocean Baroness available
- -------------------------------------------------------------------------------
Ocean Rover available
- -------------------------------------------------------------------------------
Ocean Confidence available
- -------------------------------------------------------------------------------
Ocean Clipper one year extension in 100's with Petrobras ending early
January 2004.
- -------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico