Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JANUARY 6, 2003
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 El Paso
- ----------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted CNOOC
- ----------------------------------------------------------------------------------------------------------------
Ocean Heritage 300' Independent Leg Cantilever Indonesia Contracted CNOOC
- ----------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg Cantilever GOM Idle -
- ----------------------------------------------------------------------------------------------------------------
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 ChevronTexaco
- ----------------------------------------------------------------------------------------------------------------
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 Walter Oil & Gas
- ----------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Contracted Agip
- ----------------------------------------------------------------------------------------------------------------
1
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- ----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Cold Stacked -
- ----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class New Zealand Contracted Conoco
- ----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright North Sea Shipyard -
Sedco 711 Series
- ----------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Shipyard -
- ----------------------------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Ghana Idle -
- ----------------------------------------------------------------------------------------------------------------
Ocean Vanguard 1,500' Bingo 3000 North Sea Contracted Norsk Hydro
- ----------------------------------------------------------------------------------------------------------------
Ocean Epoch 1,640' Korkut Australia Enroute -
- ----------------------------------------------------------------------------------------------------------------
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 Kerr McGee
- ----------------------------------------------------------------------------------------------------------------
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 GOM Contracted Spinnaker
Pacesetter
- ----------------------------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted Murphy
- ----------------------------------------------------------------------------------------------------------------
Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
- ----------------------------------------------------------------------------------------------------------------
2
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- ----------------------------------------------------------------------------------------------------------------
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 Amerada Hess
- ----------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted Ocean Energy
- ----------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Shipyard -
- ----------------------------------------------------------------------------------------------------------------
Ocean Baroness 7,000' Victory Class Singapore Shipyard -
- ----------------------------------------------------------------------------------------------------------------
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 plus option early November 2002 mid January 2003
- ------------------------------------------------------------------------------------------------
Ocean Drake 12 months late August 2002 late August 2003
- ------------------------------------------------------------------------------------------------
Ocean Champion - early August 2001 -
- ------------------------------------------------------------------------------------------------
Ocean Columbia one well late December 2002 mid January 2003
- ------------------------------------------------------------------------------------------------
Ocean Sovereign first three months of mid October 2002 mid January 2003
Ocean Heritage Contract -
see Ocean Heritage below
- ------------------------------------------------------------------------------------------------
Ocean Heritage 12 month term program, late December 2002 early September 2003
assumes last ten months
after Ocean Sovereign
has completed first two
months
- ------------------------------------------------------------------------------------------------
Ocean Spartan - late December 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Spur one well late November 2002 mid January 2003
- ------------------------------------------------------------------------------------------------
Ocean King 90-day extension plus early August 2002 mid January 2003
option
- ------------------------------------------------------------------------------------------------
Ocean Nugget one well mid November 2002 early January 2003
- ------------------------------------------------------------------------------------------------
Ocean Summit first of three wells early January 2003 mid March 2003
- ------------------------------------------------------------------------------------------------
Ocean Warwick one year early January 2002 mid January 2003
- ------------------------------------------------------------------------------------------------
Ocean Titan one well early October 2002 mid February 2003
- ------------------------------------------------------------------------------------------------
Ocean Tower - mid August 2002 late March 2003
- ------------------------------------------------------------------------------------------------
Ocean Liberator - late November 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Century - 1998 -
- ------------------------------------------------------------------------------------------------
Ocean Ambassador one well plus option mid December 2002 late January 2003
- ------------------------------------------------------------------------------------------------
Ocean Nomad one well plus two one mid October 2002 mid January 2003
well options
- ------------------------------------------------------------------------------------------------
1
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ------------------------------------------------------------------------------------------------
Ocean New Era - late October 2001 -
- ------------------------------------------------------------------------------------------------
Ocean Bounty one well plus option late December 2002 early January 2003
- ------------------------------------------------------------------------------------------------
Ocean Guardian special survey early January 2003 late January 2003
- ------------------------------------------------------------------------------------------------
Ocean Princess compensator repairs early October 2002 mid April 2003
- ------------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- ------------------------------------------------------------------------------------------------
Ocean Vanguard Bareboat - one additional early January 2003 early February 2003
well plus options
- ------------------------------------------------------------------------------------------------
Ocean Epoch hull repairs mid December 2002 mid January 2003
- ------------------------------------------------------------------------------------------------
Ocean General two well program plus mid May 2002 mid January 2003
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 December 2002 late January 2003
- ------------------------------------------------------------------------------------------------
Ocean Saratoga third of three wells early September 2002 early January 2003
- ------------------------------------------------------------------------------------------------
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 Swap to complete Valiant early January 2003 late June 2003
contract
- ------------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 late December 2002
- ------------------------------------------------------------------------------------------------
2
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- ------------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004
- ------------------------------------------------------------------------------------------------
Ocean Star two wells mid September 2002 early January 2003
- ------------------------------------------------------------------------------------------------
Ocean Victory one well plus option early December 2002 late January 2003
- ------------------------------------------------------------------------------------------------
Ocean America one well mid October 2002 late January 2003
- ------------------------------------------------------------------------------------------------
Ocean Valiant special survey early January 2003 mid March 2003
- ------------------------------------------------------------------------------------------------
Ocean Baroness repairs early December 2002 mid February 2003
- ------------------------------------------------------------------------------------------------
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 one well plus option with Westport Resources in high
teens ending mid February 2003.
- ----------------------------------------------------------------------------------------------
Ocean Drake high teens available.
- ----------------------------------------------------------------------------------------------
Ocean Champion - -
- ----------------------------------------------------------------------------------------------
Ocean Columbia lower 20's available.
- ----------------------------------------------------------------------------------------------
Ocean Sovereign upper 40's Singapore shipyard for leg upgrade ending late May
2003.
- ----------------------------------------------------------------------------------------------
Ocean Heritage upper 40's available.
- ----------------------------------------------------------------------------------------------
Ocean Spartan - available.
- ----------------------------------------------------------------------------------------------
Ocean Spur mid 20's available.
- ----------------------------------------------------------------------------------------------
Ocean King upper 20's available.
- ----------------------------------------------------------------------------------------------
Ocean Nugget mid 20's available.
- ----------------------------------------------------------------------------------------------
Ocean Summit mid 20's available.
- ----------------------------------------------------------------------------------------------
Ocean Warwick upper 20's available.
- ----------------------------------------------------------------------------------------------
Ocean Titan lower 20's one well with Ridgelake Energy in upper 20's ending
early March 2003, followed by cantilever upgrade
ending late August 2003.
- ----------------------------------------------------------------------------------------------
Ocean Tower - two wells with Ridgelake Energy in upper 20's ending
late May 2003.
- ----------------------------------------------------------------------------------------------
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.
- ----------------------------------------------------------------------------------------------
1
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ----------------------------------------------------------------------------------------------
Ocean New Era - -
- ----------------------------------------------------------------------------------------------
Ocean Bounty lower 70's one well with OMV in lower 80's ending late January
2003, followed by one well with Transworld in lower
80's ending late February 2003, followed by demobe
to Darwin for special survey ending late May 2003,
followed by three well program with Inpex in
Australia in lower 70's ending mid November 2003.
- ----------------------------------------------------------------------------------------------
Ocean Guardian - available.
- ----------------------------------------------------------------------------------------------
Ocean Princess - available.
- ----------------------------------------------------------------------------------------------
Ocean Whittington - available.
- ----------------------------------------------------------------------------------------------
Ocean Vanguard lower 10's available.
- ----------------------------------------------------------------------------------------------
Ocean Epoch - available.
- ----------------------------------------------------------------------------------------------
Ocean General mid 60's first of two option wells in upper 50's ending early
April 2003.
- ----------------------------------------------------------------------------------------------
Ocean Prospector - -
- ----------------------------------------------------------------------------------------------
Ocean Endeavor - -
- ----------------------------------------------------------------------------------------------
Ocean Concord lower 40's available.
- ----------------------------------------------------------------------------------------------
Ocean Lexington mid 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 80's available.
- ----------------------------------------------------------------------------------------------
Ocean Winner lower 80's one year extension in lower 60's with Petrobras
ending early November 2003.
- ----------------------------------------------------------------------------------------------
2
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ----------------------------------------------------------------------------------------------
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 mid
March 2003.
- ----------------------------------------------------------------------------------------------
Ocean Valiant - available.
- ----------------------------------------------------------------------------------------------
Ocean Baroness - available.
- ----------------------------------------------------------------------------------------------
Ocean Rover - available.
- ----------------------------------------------------------------------------------------------
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 **