Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF APRIL 28, 2003 RATED WATER RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR - ------------------------------------------------------------------------------------------------------------------ Ocean Crusader 200' Mat Cantilever GOM Contracted Walter Oil & Gas - ------------------------------------------------------------------------------------------------------------------ Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco - ------------------------------------------------------------------------------------------------------------------ Ocean Champion 250' Mat Slot GOM Cold Stacked - - ------------------------------------------------------------------------------------------------------------------ Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Noble Energy - ------------------------------------------------------------------------------------------------------------------ Ocean Sovereign 250' Independent Leg Cantilever Indonesia Shipyard - - ------------------------------------------------------------------------------------------------------------------ Ocean Heritage 300' Independent Leg Cantilever Indonesia Contracted CNOOC - ------------------------------------------------------------------------------------------------------------------ Ocean Spartan 300' Independent Leg Cantilever GOM Contracted ADTI/Energy Resources - ------------------------------------------------------------------------------------------------------------------ Ocean Spur 300' Independent Leg Cantilever GOM Contracted Hunt Petroleum - ------------------------------------------------------------------------------------------------------------------ Ocean King 300' Independent Leg Cantilever GOM Contracted BP America - ------------------------------------------------------------------------------------------------------------------ Ocean Nugget 300' Independent Leg Cantilever GOM Contracted Taylor Energy - ------------------------------------------------------------------------------------------------------------------ Ocean Summit 300' Independent Leg Cantilever GOM Stacked - - ------------------------------------------------------------------------------------------------------------------ Ocean Warwick 300' Independent Leg Cantilever GOM Shipyard--Special Survey - - ------------------------------------------------------------------------------------------------------------------ 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 Idle - - ------------------------------------------------------------------------------------------------------------------ Ocean Nomad 1,200' Aker H-3 North Sea Contracted Agip - ------------------------------------------------------------------------------------------------------------------ Ocean New Era 1,500' Korkut GOM Cold Stacked - - ------------------------------------------------------------------------------------------------------------------ Ocean Bounty 1,500' Victory Class Australia Shipyard--Special survey - - ------------------------------------------------------------------------------------------------------------------ 1 Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted Shell - ------------------------------------------------------------------------------------------------------------------ Ocean Princess 1,500' Aker H-3 North Sea Contracted EDC - ------------------------------------------------------------------------------------------------------------------ Ocean Whittington 1,500' Aker H-3 Ghana Idle - - ------------------------------------------------------------------------------------------------------------------ Ocean Vanguard 1,500' Bingo 3000 North Sea Contracted Norsk Hydro - ------------------------------------------------------------------------------------------------------------------ Ocean Patriot 1,500' Bingo 3000 South Africa Contracted Pioneer - ------------------------------------------------------------------------------------------------------------------ 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 Contracted Kerr McGee - ------------------------------------------------------------------------------------------------------------------ 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 GOM Contracted LLOG Pacesetter - ------------------------------------------------------------------------------------------------------------------ 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 Kerr McGee - ------------------------------------------------------------------------------------------------------------------ Ocean America 5,500' Ocean Odyssey GOM Contracted Ocean Energy - ------------------------------------------------------------------------------------------------------------------ Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Ocean Energy - ------------------------------------------------------------------------------------------------------------------ Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal - ------------------------------------------------------------------------------------------------------------------ 2 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 second of two wells early March 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Drake 12 months late August 2002 late August 2003 - ------------------------------------------------------------------------------------------------- Ocean Champion - early August 2001 - - ------------------------------------------------------------------------------------------------- Ocean Columbia one well plus option mid April 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Sovereign - mid January 2003 late May 2003 - ------------------------------------------------------------------------------------------------- 12 month term program, assumes last ten months after Ocean Sovereign completed first two Ocean Heritage months late December 2002 mid September 2003 - ------------------------------------------------------------------------------------------------- Ocean Spartan one well mid April 2003 early May 2003 - ------------------------------------------------------------------------------------------------- Ocean Spur one well plus option mid April 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean King 60-day extension early April 2003 late June 2003 - ------------------------------------------------------------------------------------------------- Ocean Nugget second of six wells mid March 2003 mid August 2003 - ------------------------------------------------------------------------------------------------- Ocean Summit - early April 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Warwick - mid April 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Titan one well early October 2002 early May 2003 - ------------------------------------------------------------------------------------------------- Ocean Tower - mid August 2002 late April 2003 - ------------------------------------------------------------------------------------------------- Ocean Liberator - late November 2002 - - ------------------------------------------------------------------------------------------------- Ocean Century - 1998 - - ------------------------------------------------------------------------------------------------- Ocean Ambassador - late February 2003 - - ------------------------------------------------------------------------------------------------- Ocean Nomad second option well late January 2003 late April 2003 - ------------------------------------------------------------------------------------------------- Ocean New Era - late October 2001 - - ------------------------------------------------------------------------------------------------- Ocean Bounty - late March 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- 1 Ocean Guardian one year plus one year option early April 2003 late March 2004 - ------------------------------------------------------------------------------------------------- Ocean Princess One well mid April 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Whittington - late September 2002 - - ------------------------------------------------------------------------------------------------- Ocean Vanguard Bareboat early January 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean Patriot two wells plus option early April 2003 early June 2003 - ------------------------------------------------------------------------------------------------- Ocean Epoch - early February 2003 - - ------------------------------------------------------------------------------------------------- First of two option wells Ocean General plus demobe early February 2003 late April 2003 - ------------------------------------------------------------------------------------------------- Ocean Prospector - 1998 - - ------------------------------------------------------------------------------------------------- Ocean Endeavor - early March 2002 - - ------------------------------------------------------------------------------------------------- Ocean Concord one well late November 2002 late April 2003 - ------------------------------------------------------------------------------------------------- Ocean Lexington one well plus option early April 2003 early May 2003 - ------------------------------------------------------------------------------------------------- Ocean Saratoga one well plus option early March 2003 late May 2003 - ------------------------------------------------------------------------------------------------- Ocean Yorktown 15-well development plus mid September 2001 late June 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 late April 2003 early July 2003 - ------------------------------------------------------------------------------------------------- Ocean Quest Swap to complete Valiant contract early January 2003 mid June 2003 - ------------------------------------------------------------------------------------------------- Ocean Winner one year extension early November 2002 early November 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 mid February 2003 mid May 2003 - ------------------------------------------------------------------------------------------------- Ocean America one well mid October 2002 late May 2003 - ------------------------------------------------------------------------------------------------- Ocean Valiant one well late April 2003 mid June 2003 - ------------------------------------------------------------------------------------------------- Ocean Baroness 400 days plus option late March 2003 early May 2004 - ------------------------------------------------------------------------------------------------- 2 Ocean Rover - early January 2002 early July 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 (IN RIG NAME THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ----------------------------------------------------------------------------------------- Ocean Crusader low 20's available. - ----------------------------------------------------------------------------------------- Ocean Drake high teens available. - ----------------------------------------------------------------------------------------- Ocean Champion - - - ----------------------------------------------------------------------------------------- Ocean Columbia low 20's two wells with LA Shelf Partners in lower 20's ending mid August 2003. - ----------------------------------------------------------------------------------------- Ocean Sovereign - available. - ----------------------------------------------------------------------------------------- Ocean Heritage upper 40's availible - ----------------------------------------------------------------------------------------- Ocean Spartan low 20's available. - ----------------------------------------------------------------------------------------- Ocean Spur low 20's available. - ----------------------------------------------------------------------------------------- Ocean King mid 20's available. - ----------------------------------------------------------------------------------------- Ocean Nugget mid 20's available. - ----------------------------------------------------------------------------------------- Ocean Summit - Top Drive Installation - ----------------------------------------------------------------------------------------- Ocean Warwick - Contact with BP in mid 20's following survey, ending late June 2003. - ----------------------------------------------------------------------------------------- Ocean Titan low 20's cantilever upgrade ending late October 2003. - ----------------------------------------------------------------------------------------- Ocean Tower - available through mid May; followed by two wells with Ridgelake Energy in upper 20's ending early July 2003. - ----------------------------------------------------------------------------------------- Ocean Liberator - - - ----------------------------------------------------------------------------------------- Ocean Century - - - ----------------------------------------------------------------------------------------- Ocean Ambassador - available. - ----------------------------------------------------------------------------------------- Ocean Nomad low 40's special survey ending mid June 2003. - ----------------------------------------------------------------------------------------- Ocean New Era - - - ----------------------------------------------------------------------------------------- Ocean Bounty - Three well program with Inpex in Australia in lower 70's ending early December 2003. - ----------------------------------------------------------------------------------------- 1 Ocean Guardian mid 40's rate changes to lower 50's beginning early May 2003. - ----------------------------------------------------------------------------------------- two wells plus options with Tailsman in low 40's Ocean Princess low 40's ending early August 2003. - ----------------------------------------------------------------------------------------- Ocean Whittington - available. - ----------------------------------------------------------------------------------------- Ocean Vanguard low 10's available. - ----------------------------------------------------------------------------------------- Ocean Patriot upper 50's available. - ----------------------------------------------------------------------------------------- Ocean Epoch - available. - ----------------------------------------------------------------------------------------- Ocean General upper 50's available. - ----------------------------------------------------------------------------------------- Ocean Prospector - - - ----------------------------------------------------------------------------------------- Ocean Endeavor - - - ----------------------------------------------------------------------------------------- Ocean Concord low 40's available - ----------------------------------------------------------------------------------------- Ocean Lexington low 40's two wells plus options with Walter Oil in upper 30's ending early July. - ----------------------------------------------------------------------------------------- Ocean Saratoga low 40's available. - ----------------------------------------------------------------------------------------- Ocean Yorktown low 60's available. - ----------------------------------------------------------------------------------------- Ocean Voyager - - - ----------------------------------------------------------------------------------------- Ocean Yatzy 120's available. - ----------------------------------------------------------------------------------------- Ocean Worker mid 40's available - ----------------------------------------------------------------------------------------- Ocean Quest low 80's available. - ----------------------------------------------------------------------------------------- Ocean Winner low 60's available. - ----------------------------------------------------------------------------------------- Ocean Alliance 110's available. - ----------------------------------------------------------------------------------------- Ocean Star mid 80's available. - ----------------------------------------------------------------------------------------- Ocean Victory mid 70's available. - ----------------------------------------------------------------------------------------- Ocean America upper 60's available - ----------------------------------------------------------------------------------------- Ocean Valiant upper 50's available. - ----------------------------------------------------------------------------------------- Ocean Baroness 110's available. - ----------------------------------------------------------------------------------------- 2 Ocean Rover - LOI for 3 well program with Murphy in Malaysia in 110's ending early December. - ----------------------------------------------------------------------------------------- Ocean Confidence 170's available. - ----------------------------------------------------------------------------------------- Ocean Clipper 100's available. - ----------------------------------------------------------------------------------------- NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico ** TABLE COMPLETE ** 3