Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
SEPTEMBER 30, 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
- ----------------------------------------------------------------------------------------------------------------
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 Pogo Producing
- ----------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg Cantilever GOM Contracted EOG Resources
- ----------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP
- ----------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted Walter Oil & Gas
- ----------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Slot GOM Shipyard for cantilever -
upgrade
- ----------------------------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 S. Africa Under tow -
- ----------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked -
- ----------------------------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted El Paso
- ----------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Stacked -
- ----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked -
- ----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted Santos
- ----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Shell
711 Series
- ----------------------------------------------------------------------------------------------------------------
1
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- ----------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
- ----------------------------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Ghana Idle -
- ----------------------------------------------------------------------------------------------------------------
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 -
- ----------------------------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted LLOG
- ----------------------------------------------------------------------------------------------------------------
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Taylor Energy
- ----------------------------------------------------------------------------------------------------------------
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 Contracted Amerada Hess
- ----------------------------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Shipyard for special survey -
- ----------------------------------------------------------------------------------------------------------------
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 Shipyard for special survey -
- ----------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Stacked -
- ----------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Murphy
- ----------------------------------------------------------------------------------------------------------------
2
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- ----------------------------------------------------------------------------------------------------------------
Ocean Baroness 7,000' Victory Class Malaysia Contracted Murphy
- ----------------------------------------------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
3
** TABLE CONTINUED.... **
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ------------------------------------------------------------------------------------------------
Ocean Crusader one well late September 2002 late October 2002
- ------------------------------------------------------------------------------------------------
Ocean Drake one well plus option mid September 2002 mid October 2002
- ------------------------------------------------------------------------------------------------
Ocean Champion - early August 2001 -
- ------------------------------------------------------------------------------------------------
Ocean Columbia one well plus option mid September 2002 late October 2002
- ------------------------------------------------------------------------------------------------
Ocean Sovereign two-year term mid September 2000 mid October 2002
- ------------------------------------------------------------------------------------------------
Ocean Heritage - late June 2002 mid December 2002
- ------------------------------------------------------------------------------------------------
Ocean Spartan - early April 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Spur - mid April 2002 mid November 2002
- ------------------------------------------------------------------------------------------------
Ocean King 90-day extension plus early August 2002 mid December 2002
option
- ------------------------------------------------------------------------------------------------
Ocean Nugget second of three wells plus late July 2002 late November 2002
option
- ------------------------------------------------------------------------------------------------
Ocean Summit one well plus option early September 2002 late October 2002
- ------------------------------------------------------------------------------------------------
Ocean Warwick one year early January 2002 late December 2002
- ------------------------------------------------------------------------------------------------
Ocean Titan one well early August 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Tower - mid August 2002 mid February 2003
- ------------------------------------------------------------------------------------------------
Ocean Liberator - late September 2002 early November 2002
- ------------------------------------------------------------------------------------------------
Ocean Century - 1998 -
- ------------------------------------------------------------------------------------------------
Ocean Ambassador one well plus option mid August 2002 mid October 2002
- ------------------------------------------------------------------------------------------------
Ocean Nomad - mid August 2002 mid October 2002
- ------------------------------------------------------------------------------------------------
Ocean New Era - late October 2001 -
- ------------------------------------------------------------------------------------------------
Ocean Bounty one well plus option plus mid September 2002 mid October 2002
demobe
- ------------------------------------------------------------------------------------------------
Ocean Guardian five wells plus option early February 2002 early December 2002
- ------------------------------------------------------------------------------------------------
1
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ------------------------------------------------------------------------------------------------
Ocean Princess two wells mid March 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Epoch five wells plus demobe early December 2001 mid November 2002
- ------------------------------------------------------------------------------------------------
Ocean General two well program plus mid May 2002 late November 2002
options plus demobe
- ------------------------------------------------------------------------------------------------
Ocean Prospector - 1998 -
- ------------------------------------------------------------------------------------------------
Ocean Endeavor - early March 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Concord - early September 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Lexington one well mid September 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Saratoga one well plus option early September 2002 mid October 2002
- ------------------------------------------------------------------------------------------------
Ocean Yorktown 15-well development plus mid September 2001 late July 2003
options
- ------------------------------------------------------------------------------------------------
Ocean Voyager - early March 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Yatzy five-year term plus early November 1998 early November 2003
option
- ------------------------------------------------------------------------------------------------
Ocean Worker one well plus option mid September 2002 early November 2002
- ------------------------------------------------------------------------------------------------
Ocean Quest - late August 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 early November 2002
- ------------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004
- ------------------------------------------------------------------------------------------------
Ocean Star two wells mid September 2002 mid November 2002
- ------------------------------------------------------------------------------------------------
Ocean Victory - mid August 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean America - mid August 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Valiant seven month term plus early September 2002 early May 2003.
option
- ------------------------------------------------------------------------------------------------
2
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ------------------------------------------------------------------------------------------------
Ocean Baroness fourth well early August 2002 early October 2002
- ------------------------------------------------------------------------------------------------
Ocean Rover - early January 2002 third quarter 2003
- ------------------------------------------------------------------------------------------------
Ocean Confidence five-year term early January 2001 early January 2006
- ------------------------------------------------------------------------------------------------
Ocean Clipper three-year term mid January 2000 early January 2003
- ------------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
3
** TABLE CONTINUED.... **
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------
Ocean Crusader high teens two wells with Walter in the lower 20's ending
early December 2002.
- --------------------------------------------------------------------------------------------
Ocean Drake lower 20's available.
- --------------------------------------------------------------------------------------------
Ocean Champion - -
- --------------------------------------------------------------------------------------------
Ocean Columbia lower 20's available.
- --------------------------------------------------------------------------------------------
Ocean Sovereign lower 30's Singapore shipyard for leg upgrade ending early
February 2003.
- --------------------------------------------------------------------------------------------
Ocean Heritage - available.
- --------------------------------------------------------------------------------------------
Ocean Spartan - available.
- --------------------------------------------------------------------------------------------
Ocean Spur - available.
- --------------------------------------------------------------------------------------------
Ocean King upper 20's Repairs should be completed in early October with
total downtime of approximately 4 weeks.
- --------------------------------------------------------------------------------------------
Ocean Nugget upper teens available.
- --------------------------------------------------------------------------------------------
Ocean Summit upper 20's available.
- --------------------------------------------------------------------------------------------
Ocean Warwick upper 20's available.
- --------------------------------------------------------------------------------------------
Ocean Titan lower 20's one well plus option with Walter in lower 20's
ending early January 2003.
- --------------------------------------------------------------------------------------------
Ocean Tower - available.
- --------------------------------------------------------------------------------------------
Ocean Liberator - under tow to S. Africa for cold stacking.
- --------------------------------------------------------------------------------------------
Ocean Century - -
- --------------------------------------------------------------------------------------------
Ocean Ambassador lower 40's available.
- --------------------------------------------------------------------------------------------
Ocean Nomad - one-well with Agip in lower 40's ending early
December 2002.
- --------------------------------------------------------------------------------------------
Ocean New Era - available.
- --------------------------------------------------------------------------------------------
Ocean Bounty lower 90's demobe to Darwin in lower 70's for 30 days after
completion of well.
- --------------------------------------------------------------------------------------------
Ocean Guardian lower 90's special survey upon completion of contract ending
late December 2002, then available.
- --------------------------------------------------------------------------------------------
1
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------
Ocean Princess lower 70's shipyard upon completion of contract for anchor
winch repairs ending late October 2002, then
available.
- --------------------------------------------------------------------------------------------
Ocean Whittington - available.
- --------------------------------------------------------------------------------------------
Ocean Epoch lower 70's available.
- --------------------------------------------------------------------------------------------
Ocean General mid 60's available.
- --------------------------------------------------------------------------------------------
Ocean Prospector - -
- --------------------------------------------------------------------------------------------
Ocean Endeavor - -
- --------------------------------------------------------------------------------------------
Ocean Concord - one-well plus option with DOTS/Mariner in upper 30's
ending late October 2002.
- --------------------------------------------------------------------------------------------
Ocean Lexington mid 30's available.
- --------------------------------------------------------------------------------------------
Ocean Saratoga mid 30's available.
- --------------------------------------------------------------------------------------------
Ocean Yorktown lower 60's available.
- --------------------------------------------------------------------------------------------
Ocean Voyager - -
- --------------------------------------------------------------------------------------------
Ocean Yatzy 120's available.
- --------------------------------------------------------------------------------------------
Ocean Worker lower 40's available.
- --------------------------------------------------------------------------------------------
Ocean Quest - available.
- --------------------------------------------------------------------------------------------
Ocean Winner lower 80's one year extension in lower 60's with Petrobras
ending early November 2003.
- --------------------------------------------------------------------------------------------
Ocean Alliance 110's available.
- --------------------------------------------------------------------------------------------
Ocean Star upper 80's nine month term work with Kerr McGee in mid 80's
ending mid August 2003.
- --------------------------------------------------------------------------------------------
Ocean Victory - available.
- --------------------------------------------------------------------------------------------
Ocean America - one well plus option with Ocean Energy in upper
60's ending mid January 2003.
- --------------------------------------------------------------------------------------------
Ocean Valiant lower 80's available.
- --------------------------------------------------------------------------------------------
2
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------
Ocean Baroness 120's fifth well with Murphy in 120's ending late November
2002, then demobe with Murphy in 170's ending late
December 2002.
- --------------------------------------------------------------------------------------------
Ocean Rover - available.
- --------------------------------------------------------------------------------------------
Ocean Confidence 170's available.
- --------------------------------------------------------------------------------------------
Ocean Clipper lower 90's shipyard for 30 days beginning early October 2002;
one year extension in 100's with Petrobras ending
early January 2004.
- --------------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
3
** TABLE COMPLETE **