Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
MAY 27, 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 Noble Energy
- -----------------------------------------------------------------------------------------------------------------
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 Contracted Hunt Petroleum
- -----------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP America
- -----------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Shipyard for -
cantilever upgrade
- -----------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Cantilever GOM Contracted Ridgelake Energy
- -----------------------------------------------------------------------------------------------------------------
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 Special Survey -
- -----------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Cold Stacked -
- -----------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted OMV
- -----------------------------------------------------------------------------------------------------------------
Page 1 of 3
- -----------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Shell
711 Series
- -----------------------------------------------------------------------------------------------------------------
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 Walter Oil & Gas
- -----------------------------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas
- -----------------------------------------------------------------------------------------------------------------
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Devon
- -----------------------------------------------------------------------------------------------------------------
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
- -----------------------------------------------------------------------------------------------------------------
Page 2 of 3
- -----------------------------------------------------------------------------------------------------------------
Ocean Victory 5,500' Victory Class GOM Contracted Kerr McGee
- -----------------------------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted Devon
- -----------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Devon
- -----------------------------------------------------------------------------------------------------------------
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:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
Page 3 of 3
** TABLE CONTINUED **
Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
MAY 27, 2003
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE
- -------------------------------------------------------------------------------------------------
Ocean Crusader second of two wells early March 2003 early June 2003
- -------------------------------------------------------------------------------------------------
Ocean Drake 12 months late August 2002 late August 2003
- -------------------------------------------------------------------------------------------------
Ocean Champion - - -
- -------------------------------------------------------------------------------------------------
Ocean Columbia one well mid April 2003 early June 2003
- -------------------------------------------------------------------------------------------------
Ocean Sovereign - mid January 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean Heritage 12 month term program late December 2002 mid September 2003
- -------------------------------------------------------------------------------------------------
Ocean Spartan one well plus option mid May 2003 mid July 2003
- -------------------------------------------------------------------------------------------------
Ocean Spur one well plus option mid April 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean King multiple wells early April 2003 mid July 2003
- -------------------------------------------------------------------------------------------------
Ocean Nugget fifth of seven wells plus mid March 2003 mid September 2003
option
- -------------------------------------------------------------------------------------------------
Ocean Summit two wells mid May 2003 mid July 2003
- -------------------------------------------------------------------------------------------------
Ocean Warwick multiple wells mid April 2003 mid July 2003
- -------------------------------------------------------------------------------------------------
Ocean Titan - - -
- -------------------------------------------------------------------------------------------------
Ocean Tower two wells mid May 2003 mid July 2003
- -------------------------------------------------------------------------------------------------
Ocean Liberator - - -
- -------------------------------------------------------------------------------------------------
Ocean Century - - -
- -------------------------------------------------------------------------------------------------
Ocean Ambassador - late February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean Nomad - late January 2003 -
- -------------------------------------------------------------------------------------------------
Ocean New Era - - -
- -------------------------------------------------------------------------------------------------
Ocean Bounty one well mid May 2003 mid June 2003
- -------------------------------------------------------------------------------------------------
Page 1 of 3
- -------------------------------------------------------------------------------------------------
Ocean Guardian one year plus one year early April 2003 late March 2004
option
- -------------------------------------------------------------------------------------------------
Ocean Princess One well mid April 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean Whittington - late September 2002 -
- -------------------------------------------------------------------------------------------------
Ocean Vanguard Bareboat charter early January 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean Patriot second of three wells early April 2003 early July 2003
- -------------------------------------------------------------------------------------------------
Ocean Epoch - early February 2003 -
- -------------------------------------------------------------------------------------------------
Ocean General First of three wells mid May 2003 late August 2003
- -------------------------------------------------------------------------------------------------
Ocean Prospector - - -
- -------------------------------------------------------------------------------------------------
Ocean Endeavor - - -
- -------------------------------------------------------------------------------------------------
Ocean Concord one well plus option late April 2003 mid June 2003
- -------------------------------------------------------------------------------------------------
Ocean Lexington first of two wells early May 2003 early June 2003
- -------------------------------------------------------------------------------------------------
Ocean Saratoga one well plus option mid May 2003 mid June 2003
- -------------------------------------------------------------------------------------------------
Ocean Yorktown 15-well development plus mid September 2001 late May 2003
options
- -------------------------------------------------------------------------------------------------
Ocean Voyager - - -
- -------------------------------------------------------------------------------------------------
Ocean Yatzy five-year term plus early November 1998 early November 2003
option
- -------------------------------------------------------------------------------------------------
Ocean Worker one well late April 2003 early July 2003
- -------------------------------------------------------------------------------------------------
Ocean Quest one well, swap to early January 2003 mid June 2003
complete Valiant contract
- -------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------------
Page 2 of 3
- -------------------------------------------------------------------------------------------------
Ocean Victory one well plus option mid February 2003 late May 2003
- -------------------------------------------------------------------------------------------------
Ocean America one well mid October 2002 early June 2003
- -------------------------------------------------------------------------------------------------
Ocean Valiant one well late April 2003 early July 2003
- -------------------------------------------------------------------------------------------------
Ocean Baroness 400 days plus option late March 2003 early May 2004
- -------------------------------------------------------------------------------------------------
Ocean Rover - early January 2002 -
- -------------------------------------------------------------------------------------------------
Ocean Confidence five-year term early January 2001 early January 2006
- -------------------------------------------------------------------------------------------------
Ocean Clipper one-year extension mid February 2003 early January 2004
- -------------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
Page 3 of 3
** TABLE CONTINUED **
Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
MAY 27, 2003
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
- ---------------------------------------------------------------------------------------------
Ocean Crusader low 20's Two additional wells plus option with Walter in
lower 20's ending late August 2003.
- ---------------------------------------------------------------------------------------------
Ocean Drake high teens Rig currently scheduled for 30-day downtime during
current contract for survey beginning late 2nd Qtr.
- ---------------------------------------------------------------------------------------------
Ocean Champion - Cold Stacked Feb. '02
- ---------------------------------------------------------------------------------------------
Ocean Columbia low 20's One well plus option with Noble in mid 20's ending
early July 2003
- ---------------------------------------------------------------------------------------------
Ocean Sovereign - In shipyard for water depth upgrade; then available
- ---------------------------------------------------------------------------------------------
Ocean Heritage upper 40's available.
- ---------------------------------------------------------------------------------------------
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 low 20's available
- ---------------------------------------------------------------------------------------------
Ocean Warwick mid 20's available
- ---------------------------------------------------------------------------------------------
Ocean Titan - Cantilever upgrade ending mid November 2003.
- ---------------------------------------------------------------------------------------------
Ocean Tower upper 20's available
- ---------------------------------------------------------------------------------------------
Ocean Liberator - Cold stacked Nov. '02
- ---------------------------------------------------------------------------------------------
Ocean Century - Cold stacked July '98
- ---------------------------------------------------------------------------------------------
Ocean Ambassador - available.
- ---------------------------------------------------------------------------------------------
Ocean Nomad - Special survey ending mid June 2003; then available.
- ---------------------------------------------------------------------------------------------
Ocean New Era - Cold stacked Dec. '02
- ---------------------------------------------------------------------------------------------
Ocean Bounty lower 70's Three plus two well program with Inpex in Australia
in lower 70's beginning mid June and ending early
December 2003.
- ---------------------------------------------------------------------------------------------
Page 1 of 3
- ---------------------------------------------------------------------------------------------
Ocean Guardian low 50's available
- ---------------------------------------------------------------------------------------------
Ocean Princess low 40's Two wells plus options with Talisman in the North Sea
in low 40's beginning late May and ending early August.
- ---------------------------------------------------------------------------------------------
Ocean Whittington - available.
- ---------------------------------------------------------------------------------------------
Ocean Vanguard low 10's available.
- ---------------------------------------------------------------------------------------------
Ocean Patriot upper 50's available.
- ---------------------------------------------------------------------------------------------
Ocean Epoch - available.
- ---------------------------------------------------------------------------------------------
Ocean General mid 50's Three wells plus option with Petro Vietnam in Viet
Nam in mid 50's beginning in late August and ending
in late January 2004.
- ---------------------------------------------------------------------------------------------
Ocean Prospector - Cold stacked Oct. '99
- ---------------------------------------------------------------------------------------------
Ocean Endeavor - Cold stacked March '02
- ---------------------------------------------------------------------------------------------
Ocean Concord upper 30's available
- ---------------------------------------------------------------------------------------------
Ocean Lexington upper 30's Two wells plus option with Walter in GOM in upper
30's beginning early June and ending late June 2003.
- ---------------------------------------------------------------------------------------------
Ocean Saratoga low 40's One well with Westport in GOM in upper 30's beginning
in mid June 2003 and ending in late July 2003.
- ---------------------------------------------------------------------------------------------
Ocean Yorktown low 60's available.
- ---------------------------------------------------------------------------------------------
Ocean Voyager - Cold stacked March '02
- ---------------------------------------------------------------------------------------------
Ocean Yatzy 120's available.
- ---------------------------------------------------------------------------------------------
Ocean Worker mid 40's available
- ---------------------------------------------------------------------------------------------
Ocean Quest low 80's One well with Murphy in GOM in low 50's beginning
in mid June and ending in late July 2003.
- ---------------------------------------------------------------------------------------------
Ocean Winner low 60's Scheduled for survey in 3rd Qtr. Estimated downtime
60 days.
- ---------------------------------------------------------------------------------------------
Ocean Alliance 110's Scheduled for survey in 4th Qtr. Estimated downtime
60 days.
- ---------------------------------------------------------------------------------------------
Ocean Star mid 80's available.
- ---------------------------------------------------------------------------------------------
Page 2 of 3
- --------------------------------------------------------------------------------------------
Ocean Victory mid 70's available.
- ---------------------------------------------------------------------------------------------
Ocean America upper 60's available
- ---------------------------------------------------------------------------------------------
Ocean Valiant upper 50's available.
- ---------------------------------------------------------------------------------------------
Ocean Baroness 110's available.
- ---------------------------------------------------------------------------------------------
Ocean Rover - Upgrade estimated completion early 3rd Qtr. 2003,
followed by LOI for 3 well program with Murphy in
Malaysia in 110's ending late November 2003.
- ---------------------------------------------------------------------------------------------
Ocean Confidence 170's available.
- ---------------------------------------------------------------------------------------------
Ocean Clipper 100's available.
- ---------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE COMPLETE **
Page 3 of 3