Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JANUARY 27, 2003
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted 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 Idle -
- -----------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Cantilever Indonesia Shipyard -
- -----------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------
1
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class New Zealand Contracted Transworld
- -----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Shipyard -
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 Contracted Magellan
- -----------------------------------------------------------------------------------------------------------------
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 Idle -
- -----------------------------------------------------------------------------------------------------------------
Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Shell
- -----------------------------------------------------------------------------------------------------------------
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 Murphy
- -----------------------------------------------------------------------------------------------------------------
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
2
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR
- -----------------------------------------------------------------------------------------------------------------
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
** TABLE CONTINUED **
3
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- --------------------------------------------------------------------------------------------------
Ocean Crusader one well plus option mid January 2003 mid February 2003
- --------------------------------------------------------------------------------------------------
Ocean Drake 12 months late August 2002 late August 2003
- --------------------------------------------------------------------------------------------------
Ocean Champion - early August 2001 -
- --------------------------------------------------------------------------------------------------
Ocean Columbia - mid January 2003 -
- --------------------------------------------------------------------------------------------------
Ocean Sovereign - mid January 2003 late May 2003
- --------------------------------------------------------------------------------------------------
Ocean Heritage 12 month term program, late December 2002 mid September 2003
assumes last ten months
after Ocean Sovereign
completed first two
months
- --------------------------------------------------------------------------------------------------
Ocean Spartan - late December 2002 -
- --------------------------------------------------------------------------------------------------
Ocean Spur one well late November 2002 late January 2003
- --------------------------------------------------------------------------------------------------
Ocean King 90-day extension plus early August 2002 late April 2003
option
- --------------------------------------------------------------------------------------------------
Ocean Nugget one well mid January 2003 early March 2003
- --------------------------------------------------------------------------------------------------
Ocean Summit first of three wells early January 2003 mid March 2003
- --------------------------------------------------------------------------------------------------
Ocean Warwick one year early January 2002 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Titan one well early October 2002 late 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 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Nomad first option well plus late January 2003 early April 2003
option
- --------------------------------------------------------------------------------------------------
Ocean New Era - late October 2001 -
1
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- --------------------------------------------------------------------------------------------------
Ocean Bounty one well plus option late January 2003 late February 2003
- --------------------------------------------------------------------------------------------------
Ocean Guardian special survey early January 2003 mid February 2003
- --------------------------------------------------------------------------------------------------
Ocean Princess maintenance projects and early October 2002 mid April 2003
crane upgrade
- --------------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- --------------------------------------------------------------------------------------------------
Ocean Vanguard Bareboat - one additional early January 2003 early May 2003
well plus options
- --------------------------------------------------------------------------------------------------
Ocean Epoch one well mid January 2003 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean General two well program plus mid May 2002 late January 2003
options plus demobe
- --------------------------------------------------------------------------------------------------
Ocean Prospector - 1998 -
- --------------------------------------------------------------------------------------------------
Ocean Endeavor - early March 2002 -
- --------------------------------------------------------------------------------------------------
Ocean Concord one well late November 2002 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Lexington one well late December 2002 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Saratoga - mid 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 option early November 1998 early November 2003
- --------------------------------------------------------------------------------------------------
Ocean Worker one well plus option mid November 2002 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Quest Swap to complete Valiant early January 2003 late June 2003
contract
- --------------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004
- --------------------------------------------------------------------------------------------------
Ocean Star two wells mid September 2002 early March 2003
2
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- --------------------------------------------------------------------------------------------------
Ocean Victory one well plus option early December 2002 early February 2003
- --------------------------------------------------------------------------------------------------
Ocean America one well mid October 2002 late March 2003
- --------------------------------------------------------------------------------------------------
Ocean Valiant special survey early January 2003 mid February 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
**TABLE CONTINUED **
3
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ---------------------------------------------------------------------------------------------
Ocean Crusader high teens available.
- ---------------------------------------------------------------------------------------------
Ocean Drake low 20's available.
- ---------------------------------------------------------------------------------------------
Ocean Champion - -
- ---------------------------------------------------------------------------------------------
Ocean Columbia - available.
- ---------------------------------------------------------------------------------------------
Ocean Sovereign - available.
- ---------------------------------------------------------------------------------------------
Ocean Heritage upper 40's available.
- ---------------------------------------------------------------------------------------------
Ocean Spartan - available.
- ---------------------------------------------------------------------------------------------
Ocean Spur mid 20's available.
- ---------------------------------------------------------------------------------------------
Ocean King mid 20's available.
- ---------------------------------------------------------------------------------------------
Ocean Nugget mid 20's available.
- ---------------------------------------------------------------------------------------------
Ocean Summit mid 20's available.
- ---------------------------------------------------------------------------------------------
Ocean Warwick mid 20's 90 day extension with BP in mid 20's ending early
April 2003.
- ---------------------------------------------------------------------------------------------
Ocean Titan lower 20's one well with Ridgelake Energy in upper 20's ending
mid March 2003, followed by cantilever upgrade
ending mid September 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 available.
- ---------------------------------------------------------------------------------------------
Ocean New Era - -
1
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ---------------------------------------------------------------------------------------------
Ocean Bounty lower 80's demobe by Shell to Darwin in lower 70's ending early
April 2003, followed by 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 lower 70's available.
- ---------------------------------------------------------------------------------------------
Ocean General mid 60's first of two option wells in upper 50's ending late
April 2003.
- ---------------------------------------------------------------------------------------------
Ocean Prospector - -
- ---------------------------------------------------------------------------------------------
Ocean Endeavor - -
- ---------------------------------------------------------------------------------------------
Ocean Concord lower 40's available.
- ---------------------------------------------------------------------------------------------
Ocean Lexington mid 40's available.
- ---------------------------------------------------------------------------------------------
Ocean Saratoga - 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.
- ---------------------------------------------------------------------------------------------
Ocean Alliance 110's available.
- ---------------------------------------------------------------------------------------------
Ocean Star upper 80's nine month term work with Kerr McGee in mid 80's
ending late November 2003.
2
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ---------------------------------------------------------------------------------------------
Ocean Victory mid 60's available.
- ---------------------------------------------------------------------------------------------
Ocean America upper 60's second well with Ocean Energy in mid 70's ending
mid May 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 **