Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
MARCH 3, 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 GOM Contracted ChevronTexaco
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Indonesia Shipyard -
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Heritage 300' Independent Leg Indonesia Contracted CNOOC
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg GOM Contracted Dominion
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Spur 300' Independent Leg GOM Contracted DOTS/Shell
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg GOM Contracted BP America
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg GOM Contracted Pogo Producing
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg GOM Contracted ChevronTexaco
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg GOM Contracted BP America
Cantilever
- ----------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted Walter Oil & Gas
- ----------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg GOM Shipyard for -
Cantilever 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 Idle -
- ----------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Contracted Agip
- ----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Cold Stacked -
1
- ----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class New Zealand Contracted Shell
- ----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Idle -
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 Idle -
- ----------------------------------------------------------------------------------------------------------------
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 Standby -
- ----------------------------------------------------------------------------------------------------------------
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Ocean Energy
- ----------------------------------------------------------------------------------------------------------------
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 LLOG
- ----------------------------------------------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------------------------------------------
Ocean Victory 5,500' Victory Class GOM Contracted Amerada Hess
- ----------------------------------------------------------------------------------------------------------------
2
Ocean America 5,500' Ocean Odyssey GOM Contracted Ocean Energy
- ----------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Idle -
- ----------------------------------------------------------------------------------------------------------------
Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal
- ----------------------------------------------------------------------------------------------------------------
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 early March 2003
- -------------------------------------------------------------------------------------------------
Ocean Drake 12 months late August 2002 late August 2003
- -------------------------------------------------------------------------------------------------
Ocean Champion - early August 2001 -
- -------------------------------------------------------------------------------------------------
Ocean Columbia one well plus option early March 2003 early April 2003
- -------------------------------------------------------------------------------------------------
Ocean Sovereign - mid January 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean Heritage 12 month term program,
assumes last ten months
after Ocean Sovereign
completed first two
months late December 2002 mid September 2003
- -------------------------------------------------------------------------------------------------
Ocean Spartan two wells mid February 2003 early April 2003
- -------------------------------------------------------------------------------------------------
Ocean Spur one P&A early March 2003 mid March 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 three wells plus option early January 2003 late March 2003
- -------------------------------------------------------------------------------------------------
Ocean Warwick 90 day extension early January 2002 early April 2003
- -------------------------------------------------------------------------------------------------
Ocean Titan one well early October 2002 late March 2003
- -------------------------------------------------------------------------------------------------
Ocean Tower - mid August 2002 late March 2003
- -------------------------------------------------------------------------------------------------
Ocean Liberator - late November 2002 -
- -------------------------------------------------------------------------------------------------
Ocean Century - 1998 -
- -------------------------------------------------------------------------------------------------
Ocean Ambassador - late February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean Nomad second option well late January 2003 mid May 2003
- -------------------------------------------------------------------------------------------------
Ocean New Era - late October 2001 -
1
- -------------------------------------------------------------------------------------------------
Ocean Bounty demobe to Darwin late February 2003 late March 2003
- -------------------------------------------------------------------------------------------------
Ocean Guardian - mid February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean Princess maintenance projects early October 2002 mid April 2003
and crane upgrade
- -------------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- -------------------------------------------------------------------------------------------------
Ocean Vanguard Bareboat -one additional early January 2003 early May 2003
well plus options
- -------------------------------------------------------------------------------------------------
Ocean Epoch - early February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean General two well program plus early February 2003 late April 2003
options plus demobe
- -------------------------------------------------------------------------------------------------
Ocean Prospector - 1998 -
- -------------------------------------------------------------------------------------------------
Ocean Endeavor - early March 2002 -
- -------------------------------------------------------------------------------------------------
Ocean Concord one well late November 2002 mid March 2003
- -------------------------------------------------------------------------------------------------
Ocean Lexington - mid February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean Saratoga one well plus option early March 2003 mid May 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 two wells plus option early March 2003 mid April 2003
- -------------------------------------------------------------------------------------------------
Ocean Quest Swap to complete Valiant early January 2003 late June 2003
contract
- -------------------------------------------------------------------------------------------------
Ocean Winner 18-month extension early July 2001 early March 2003
- -------------------------------------------------------------------------------------------------
Ocean Alliance four-year contract early September 2000 early September 2004
- -------------------------------------------------------------------------------------------------
Ocean Star nine month term work early March 2003 mid September 2003
- -------------------------------------------------------------------------------------------------
Ocean Victory one well plus option early December 2002 early February 2003
- -------------------------------------------------------------------------------------------------
2
Ocean America one well mid October 2002 late March 2003
- -------------------------------------------------------------------------------------------------
Ocean Valiant - late March 2003 -
- -------------------------------------------------------------------------------------------------
Ocean Baroness 400 days plus option late March 2003 mid April 2004
- -------------------------------------------------------------------------------------------------
Ocean Rover - early January 2002 third quarter 2003
- -------------------------------------------------------------------------------------------------
Ocean Confidence five-year term early January 2001 early January 2006
- -------------------------------------------------------------------------------------------------
Ocean Clipper one-year extension mid February 2003 early January 2004
- -------------------------------------------------------------------------------------------------
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 two wells plus option with Walter Oil & Gas in
low 20's ending early May 2003.
- --------------------------------------------------------------------------------------
Ocean Drake low 20's available.
- --------------------------------------------------------------------------------------
Ocean Champion - -
- --------------------------------------------------------------------------------------
Ocean Columbia low 20's available.
- --------------------------------------------------------------------------------------
Ocean Sovereign - available.
- --------------------------------------------------------------------------------------
Ocean Heritage
upper 40's availible
- --------------------------------------------------------------------------------------
Ocean Spartan mid 20's available.
- --------------------------------------------------------------------------------------
Ocean Spur low 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 available.
- --------------------------------------------------------------------------------------
Ocean Titan lower 20's one well with Ridgelake Energy in upper 20's ending
mid April 2003, followed by cantilever upgrade
ending mid October 2003.
- --------------------------------------------------------------------------------------
Ocean Tower - two wells with Ridgelake Energy in upper 20's
ending late May 2003
- --------------------------------------------------------------------------------------
Ocean Liberator - -
- --------------------------------------------------------------------------------------
Ocean Century - -
- --------------------------------------------------------------------------------------
Ocean Ambassador - available.
- --------------------------------------------------------------------------------------
Ocean Nomad lower 40's available.
- --------------------------------------------------------------------------------------
Ocean New Era - -
1
- --------------------------------------------------------------------------------------
Ocean Bounty lower 70's special survey ending mid May 2003, followed by
three well program with Inpex in Australia in
lower 70's ending late November 2003.
- --------------------------------------------------------------------------------------
Ocean Guardian - available.
- --------------------------------------------------------------------------------------
Ocean Princess - available.
- --------------------------------------------------------------------------------------
Ocean Whittington - available.
- --------------------------------------------------------------------------------------
Ocean Vanguard lower 10's available.
- --------------------------------------------------------------------------------------
Ocean Epoch - available.
- --------------------------------------------------------------------------------------
Ocean General upper 50's available.
- --------------------------------------------------------------------------------------
Ocean Prospector - -
- --------------------------------------------------------------------------------------
Ocean Endeavor - -
- --------------------------------------------------------------------------------------
Ocean Concord lower 40's two wells with Walter Oil & Gas in upper 30's
ending mid May 2003.
- --------------------------------------------------------------------------------------
Ocean Lexington - available.
- --------------------------------------------------------------------------------------
Ocean Saratoga lower 40's available.
- --------------------------------------------------------------------------------------
Ocean Yorktown lower 60's available.
- --------------------------------------------------------------------------------------
Ocean Voyager - -
- --------------------------------------------------------------------------------------
Ocean Yatzy 120's available.
- --------------------------------------------------------------------------------------
Ocean Worker upper 30'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 mid 80's available.
- --------------------------------------------------------------------------------------
Ocean Victory mid 60's available.
- --------------------------------------------------------------------------------------
2
Ocean America upper 60's second well with Ocean Energy in mid 70's ending mid May 2003.
- --------------------------------------------------------------------------------------
Ocean Valiant - available.
- --------------------------------------------------------------------------------------
Ocean Baroness 110's available.
- --------------------------------------------------------------------------------------
Ocean Rover - available.
- --------------------------------------------------------------------------------------
Ocean Confidence 170's available.
- --------------------------------------------------------------------------------------
Ocean Clipper 100's available.
- --------------------------------------------------------------------------------------
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE COMPLETE **
3