Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
DECEMBER 2, 2002
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted ADTI/Westport
Resources
- -----------------------------------------------------------------------------------------------------------------
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 Contracted BP America
- -----------------------------------------------------------------------------------------------------------------
Ocean Spur 300' Independent Leg Cantilever GOM Contracted Mariner
- -----------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg Cantilever GOM Contracted BP America
- -----------------------------------------------------------------------------------------------------------------
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 America
- -----------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted Walter Oil & Gas
- -----------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Cantilever GOM Shipyard for cantilever -
upgrade
- -----------------------------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------
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 Contracted Agip
- -----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked -
- -----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class New Zealand Contracted Shell
- -----------------------------------------------------------------------------------------------------------------
1
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Shell
711 Series
- -----------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Shipyard -
- -----------------------------------------------------------------------------------------------------------------
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 Energy Partners Ltd
- -----------------------------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted ADTI/Murphy
- -----------------------------------------------------------------------------------------------------------------
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 Spinnaker
- -----------------------------------------------------------------------------------------------------------------
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 Maxus
- -----------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted Ocean Energy
- -----------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Murphy
- -----------------------------------------------------------------------------------------------------------------
Ocean Baroness 7,000' Victory Class Malaysia Contracted Murphy
- -----------------------------------------------------------------------------------------------------------------
Ocean Rover 7,000' Victory Class Singapore Shipyard Upgrade -
- -----------------------------------------------------------------------------------------------------------------
2
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
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 plus option early November 2002 late December 2002
- ----------------------------------------------------------------------------------------------
Ocean Drake 12 months late August 2002 late August 2003
- ----------------------------------------------------------------------------------------------
Ocean Champion - early August 2001 -
- ----------------------------------------------------------------------------------------------
Ocean Columbia one well mid September 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Sovereign first two months of Ocean mid October 2002 mid December 2002
Hertiage contract - see
Ocean Heritage Below
- ----------------------------------------------------------------------------------------------
Ocean Heritage - late June 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Spartan two wells plus option early November 2002 late December 2002
- ----------------------------------------------------------------------------------------------
Ocean Spur one well late November 2002 late December 2002
- ----------------------------------------------------------------------------------------------
Ocean King 90-day extension plus early August 2002 late December 2002
option
- ----------------------------------------------------------------------------------------------
Ocean Nugget one well mid November 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Summit one well early September 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Warwick one year early January 2002 early January 2003
- ----------------------------------------------------------------------------------------------
Ocean Titan one well plus option early October 2002 early January 2003
- ----------------------------------------------------------------------------------------------
Ocean Tower - mid August 2002 late March 2003
- ----------------------------------------------------------------------------------------------
Ocean Liberator - late November 2002 -
- ----------------------------------------------------------------------------------------------
Ocean Century - 1998 -
- ----------------------------------------------------------------------------------------------
Ocean Ambassador one well plus option mid August 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Nomad one well plus two one well mid October 2002 late December 2002
options
- ----------------------------------------------------------------------------------------------
Ocean New Era - late October 2001 -
- ----------------------------------------------------------------------------------------------
Ocean Bounty one well plus option late October 2002 early December 2002
- ----------------------------------------------------------------------------------------------
1
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ----------------------------------------------------------------------------------------------
Ocean Guardian five wells plus option early February 2002 early January 2003
- ----------------------------------------------------------------------------------------------
Ocean Princess compensator repairs early October 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- ----------------------------------------------------------------------------------------------
Ocean Epoch five wells plus demobe early December 2001 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean General two well program plus mid May 2002 mid December 2002
options plus demobe
- ----------------------------------------------------------------------------------------------
Ocean Prospector - 1998 -
- ----------------------------------------------------------------------------------------------
Ocean Endeavor - early March 2002 -
- ----------------------------------------------------------------------------------------------
Ocean Concord one well late November 2002 mid January 2003
- ----------------------------------------------------------------------------------------------
Ocean Lexington one well late October 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Saratoga third of three wells early September 2002 late December 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 November 2002 early January 2003
- ----------------------------------------------------------------------------------------------
Ocean Quest one well plus option late October 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 early November 2003
- ----------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004
- ----------------------------------------------------------------------------------------------
Ocean Star two wells mid September 2002 mid December 2002
- ----------------------------------------------------------------------------------------------
Ocean Victory one well mid October 2002 early December 2002
- ----------------------------------------------------------------------------------------------
Ocean America one well mid October 2002 mid January 2003
- ----------------------------------------------------------------------------------------------
Ocean Valiant seven month term plus early September 2002 mid April 2003
option
- ----------------------------------------------------------------------------------------------
Ocean Baroness demobe late November 2002 early December 2002
- ----------------------------------------------------------------------------------------------
Ocean Rover - early January 2002 third quarter 2003
- ----------------------------------------------------------------------------------------------
2
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ----------------------------------------------------------------------------------------------
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 available.
- ------------------------------------------------------------------------------------------
Ocean Drake lower 20's available.
- ------------------------------------------------------------------------------------------
Ocean Champion - -
- ------------------------------------------------------------------------------------------
Ocean Columbia lower 20's available.
- ------------------------------------------------------------------------------------------
Ocean Sovereign upper 40's Singapore shipyard for leg upgrade ending late
April 2003.
- ------------------------------------------------------------------------------------------
Ocean Heritage - twelve-month term program with CNOOC in upper 40's
ending mid October 2003. Heritage assumes last ten
months after Sovereign has completed the first two
months of contract.
- ------------------------------------------------------------------------------------------
Ocean Spartan mid 20's available.
- ------------------------------------------------------------------------------------------
Ocean Spur mid 20's available.
- ------------------------------------------------------------------------------------------
Ocean King upper 20's available.
- ------------------------------------------------------------------------------------------
Ocean Nugget mid 20's available.
- ------------------------------------------------------------------------------------------
Ocean Summit upper 20's available.
- ------------------------------------------------------------------------------------------
Ocean Warwick upper 20's available.
- ------------------------------------------------------------------------------------------
Ocean Titan lower 20's cantilever upgrade ending mid July 2003.
- ------------------------------------------------------------------------------------------
Ocean Tower - available.
- ------------------------------------------------------------------------------------------
Ocean Liberator - -
- ------------------------------------------------------------------------------------------
Ocean Century - -
- ------------------------------------------------------------------------------------------
Ocean Ambassador lower 40's available.
- ------------------------------------------------------------------------------------------
Ocean Nomad lower 40's first option well with Agip in lower 40's ending
mid March 2003.
- ------------------------------------------------------------------------------------------
Ocean New Era - available.
- ------------------------------------------------------------------------------------------
Ocean Bounty upper 70's one well with Conoco in lower 70's ending late
December 2002.
- ------------------------------------------------------------------------------------------
1
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ------------------------------------------------------------------------------------------
Ocean Guardian lower 90's special survey upon completion of contract ending
early January 2003, then available.
- ------------------------------------------------------------------------------------------
Ocean Princess - available.
- ------------------------------------------------------------------------------------------
Ocean Whittington - available.
- ------------------------------------------------------------------------------------------
Ocean Epoch lower 70's available.
- ------------------------------------------------------------------------------------------
Ocean General mid 60's available.
- ------------------------------------------------------------------------------------------
Ocean Prospector - -
- ------------------------------------------------------------------------------------------
Ocean Endeavor - -
- ------------------------------------------------------------------------------------------
Ocean Concord lower 40's available.
- ------------------------------------------------------------------------------------------
Ocean Lexington lower 40's available.
- ------------------------------------------------------------------------------------------
Ocean Saratoga lower 40's available.
- ------------------------------------------------------------------------------------------
Ocean Yorktown lower 60's available.
- ------------------------------------------------------------------------------------------
Ocean Voyager - -
- ------------------------------------------------------------------------------------------
Ocean Yatzy 120's available.
- ------------------------------------------------------------------------------------------
Ocean Worker lower 40's available.
- ------------------------------------------------------------------------------------------
Ocean Quest lower 60's 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 early October 2003.
- ------------------------------------------------------------------------------------------
Ocean Victory mid 60's available.
- ------------------------------------------------------------------------------------------
Ocean America upper 60's second well with Ocean Energy in mid 70's ending
early March 2003.
- ------------------------------------------------------------------------------------------
Ocean Valiant lower 80's available.
- ------------------------------------------------------------------------------------------
Ocean Baroness 170's demobe with Murphy in 170's ending early December
2002.
- ------------------------------------------------------------------------------------------
Ocean Rover - available.
- ------------------------------------------------------------------------------------------
2
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ------------------------------------------------------------------------------------------
Ocean Confidence 170's available.
- ------------------------------------------------------------------------------------------
Ocean Clipper lower 90's 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 **