Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JUNE 24, 2003
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
- -------------------------------------------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- -------------------------------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted Murphy
- -------------------------------------------------------------------------------------------------------------------
Ocean Star 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 Victory 5,500' Victory Class GOM Contracted Kerr McGee
- -------------------------------------------------------------------------------------------------------------------
Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP
- -------------------------------------------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (6)
- -------------------------------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted PEMEX
- -------------------------------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Ghana Contracted PEMEX
- -------------------------------------------------------------------------------------------------------------------
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 Westport
- -------------------------------------------------------------------------------------------------------------------
Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted LLOG
Pacesetter
- -------------------------------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- -------------------------------------------------------------------------------------------------------------------
Ocean Crusader 200' Mat Cantilever GOM Contracted Walter Oil & Gas
- -------------------------------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco
- -------------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg
Cantilever GOM Contracted Noble Energy
- -------------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg
Cantilever GOM Contracted Noble Energy
- -------------------------------------------------------------------------------------------------------------------
Ocean Spur 300' Independent Leg
Cantilever GOM Contracted ADTI/American Coastal
- -------------------------------------------------------------------------------------------------------------------
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 Idle -
- -------------------------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------------------------------
1
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
- -------------------------------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (14)
- -------------------------------------------------------------------------------------------------------------------
AFRICA
- ------
- -------------------------------------------------------------------------------------------------------------------
Ocean Patriot 1,500' Bingo 3000 South Africa Contracted Pioneer
- -------------------------------------------------------------------------------------------------------------------
NORTH SEA
- ---------
- -------------------------------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Contracted PetroCanada
- -------------------------------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright North Sea Contracted Shell
Sedco 711 Series
- -------------------------------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
- -------------------------------------------------------------------------------------------------------------------
Ocean Vanguard 1,500' Bingo 3000 North Sea _ _
- -------------------------------------------------------------------------------------------------------------------
AUSTRALASIA
- -----------
- -------------------------------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted Inpex
- -------------------------------------------------------------------------------------------------------------------
Ocean Epoch 1,640' Korkut Australia Idle -
- -------------------------------------------------------------------------------------------------------------------
Ocean General 1,640' Korkut Vietnam Contracted PetroVietnam
- -------------------------------------------------------------------------------------------------------------------
Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal
- -------------------------------------------------------------------------------------------------------------------
Ocean Rover 7,000' Victory Class Singapore Shipyard Upgrade -
- -------------------------------------------------------------------------------------------------------------------
BRAZIL
- ------
- -------------------------------------------------------------------------------------------------------------------
Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Shell
- -------------------------------------------------------------------------------------------------------------------
Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------------
Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------------
Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
- -------------------------------------------------------------------------------------------------------------------
Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- -------------------------------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Indonesia Idle -
Cantilever
- -------------------------------------------------------------------------------------------------------------------
Ocean Heritage 300' Independent Leg Indonesia Contracted CNOOC
Cantilever
- -------------------------------------------------------------------------------------------------------------------
2
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
- -------------------------------------------------------------------------------------------------------------------
COLD STACKED (7)
- -------------------------------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean Prospector 1,700' Victory Class GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean Champion 250' Mat Slot GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean Endeavor 2,000' Victory Class GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean Voyager 3,200' Victory Class GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Cold Stacked -
- -------------------------------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
GOM = Gulf of Mexico
** TABLE CONTINUED **
3
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JUNE 24, 2003
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
- -------------------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- -------------------------------------------------------------------------------------------
Ocean Quest one well plus option low 50's mid June 2003
- -------------------------------------------------------------------------------------------
Ocean Star nine month term work mid 80's early March 2003
- -------------------------------------------------------------------------------------------
Ocean America one well upper 60's early June 2003
- -------------------------------------------------------------------------------------------
Ocean Valiant one well upper 50's late April 2003
- -------------------------------------------------------------------------------------------
Ocean Victory one well plus option low 60's late May 2003
- -------------------------------------------------------------------------------------------
Ocean Confidence five-year term 170's early January 2001
- -------------------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (6)
- -------------------------------------------------------------------------------------------
Ocean Ambassador four year term work mid 50's late July 2003
- -------------------------------------------------------------------------------------------
Ocean Whittington four year term work low 60's late July 2003
- -------------------------------------------------------------------------------------------
Ocean Concord one well plus option upper 30's late April 2003
- -------------------------------------------------------------------------------------------
Ocean Lexington first of two wells upper 30's early May 2003
- -------------------------------------------------------------------------------------------
Ocean Saratoga one well plus option upper 30's mid June
- -------------------------------------------------------------------------------------------
Ocean Worker one well mid 40's late April 2003
- -------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- -------------------------------------------------------------------------------------------
Ocean Crusader two wells plus option low 20's late June 2003
- -------------------------------------------------------------------------------------------
Ocean Drake 12 months low 20's late August 2002
- -------------------------------------------------------------------------------------------
Ocean Columbia
one well plus option mid 20's early June 2003
- -------------------------------------------------------------------------------------------
Ocean Spartan
one well plus option low 20's mid May 2003
- -------------------------------------------------------------------------------------------
Ocean Spur one well mid 20's late May 2003
- -------------------------------------------------------------------------------------------
Ocean King multiple wells mid 20's early April 2003
- -------------------------------------------------------------------------------------------
Ocean Nugget sixth of seven wells plus mid 20's mid March 2003
option
- -------------------------------------------------------------------------------------------
Ocean Summit - - -
- -------------------------------------------------------------------------------------------
Ocean Warwick multiple wells mid 20's mid April 2003
- -------------------------------------------------------------------------------------------
Ocean Titan - - -
- -------------------------------------------------------------------------------------------
Ocean Tower two wells upper 20's mid May 2003
- -------------------------------------------------------------------------------------------
1
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
- -------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (14)
- -------------------------------------------------------------------------------------------
AFRICA
- ------
- -------------------------------------------------------------------------------------------
Ocean Patriot third of three wells upper 50's early April 2003
- -------------------------------------------------------------------------------------------
NORTH SEA
- ---------
- -------------------------------------------------------------------------------------------
Ocean Nomad one well plus option mid 40's mid June 2003
- -------------------------------------------------------------------------------------------
Ocean Guardian one year plus one year low 50's early April 2003
option
- -------------------------------------------------------------------------------------------
Ocean Princess two wells plus option low 40's late May 2003
- -------------------------------------------------------------------------------------------
Ocean Vanguard _ _ _
- -------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------
AUSTRALASIA
- -----------
- -------------------------------------------------------------------------------------------
Ocean Bounty three wells plus two lower 70's mid June 2003
- -------------------------------------------------------------------------------------------
Ocean Epoch - - -
- -------------------------------------------------------------------------------------------
Ocean General First of three wells mid 50's mid May 2003
- -------------------------------------------------------------------------------------------
Ocean Baroness 400 days plus option 110's late March 2003
- -------------------------------------------------------------------------------------------
Ocean Rover - - early January 2002
- -------------------------------------------------------------------------------------------
BRAZIL
- ------
- -------------------------------------------------------------------------------------------
Ocean Yorktown 15-well development plus low 60's mid September 2001
options
- -------------------------------------------------------------------------------------------
Ocean Yatzy five-year term plus option 120's early November 1998
- -------------------------------------------------------------------------------------------
Ocean Winner one year extension low 60's early November 2002
- -------------------------------------------------------------------------------------------
Ocean Alliance four-year contract 110's early September 2000
- -------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
- -------------------------------------------------------------------------------------------
Ocean Clipper one-year extension 100's mid February 2003
- -------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- -------------------------------------------------------------------------------------------
Ocean Sovereign - - -
- -------------------------------------------------------------------------------------------
Ocean Heritage 12 month term program upper 40's late December 2002
- -------------------------------------------------------------------------------------------
2
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
- -------------------------------------------------------------------------------------------
COLD STACKED (7)
- -------------------------------------------------------------------------------------------
Ocean Liberator - - -
- -------------------------------------------------------------------------------------------
Ocean Century - - -
- -------------------------------------------------------------------------------------------
Ocean Prospector - - -
- -------------------------------------------------------------------------------------------
Ocean Champion - - -
- -------------------------------------------------------------------------------------------
Ocean Endeavor - - -
- -------------------------------------------------------------------------------------------
Ocean Voyager - - -
- -------------------------------------------------------------------------------------------
Ocean New Era - - -
- -------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
GOM = Gulf of Mexico
** TABLE CONTINUED **
3
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JUNE 24, 2003
RIG NAME ESTIMATED END DATE FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- --------------------------------------------------------------------------------------------------------
Ocean Quest mid July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Star late October 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean America early July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Valiant early July 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Victory late June 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Confidence early January 2006 available.
- --------------------------------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (6)
- --------------------------------------------------------------------------------------------------------
Ocean Ambassador mid December 2007 Preparing for PEMEX work
- --------------------------------------------------------------------------------------------------------
Ocean Whittington early October 2006 Preparing for PEMEX contract;
currently under tow from Ghana.
- --------------------------------------------------------------------------------------------------------
Ocean Concord early July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Lexington mid July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Saratoga late July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Worker early July 2003 Prepare for PEMEX contract work beginning late July;
four year term work in GOM in upper 60' s ending in
late July 2007.
- --------------------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- --------------------------------------------------------------------------------------------------------
Ocean Crusader late August 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Drake late August 2003 Rig currently scheduled for 30-day downtime during
current contract for survey beginning late 2nd Qtr.
- --------------------------------------------------------------------------------------------------------
Ocean Columbia early July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Spartan mid July 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Spur late June 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean King early August 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Nugget late August 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Summit - available
- --------------------------------------------------------------------------------------------------------
Ocean Warwick late July 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Titan - Cantilever upgrade ending late October 2003.
- --------------------------------------------------------------------------------------------------------
Ocean Tower mid July 2003 available
- --------------------------------------------------------------------------------------------------------
1
RIG NAME ESTIMATED END DATE FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (14)
- --------------------------------------------------------------------------------------------------------
AFRICA
- ------
- --------------------------------------------------------------------------------------------------------
Ocean Patriot early September 2003 available.
- --------------------------------------------------------------------------------------------------------
NORTH SEA
- ---------
- --------------------------------------------------------------------------------------------------------
Ocean Nomad early September 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Guardian late March 2004 available
- --------------------------------------------------------------------------------------------------------
Ocean Princess early August 2003 available
- --------------------------------------------------------------------------------------------------------
Ocean Vanguard _ Survey complete July 2003; then available
- --------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------
AUSTRALASIA
- -----------
- --------------------------------------------------------------------------------------------------------
Ocean Bounty late January 2004 available
- --------------------------------------------------------------------------------------------------------
Ocean Epoch - available.
- --------------------------------------------------------------------------------------------------------
Ocean General late August 2003 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 Baroness early May 2004 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.
- --------------------------------------------------------------------------------------------------------
BRAZIL
- ------
- --------------------------------------------------------------------------------------------------------
Ocean Yorktown early July 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Yatzy early November 2003 available.
- --------------------------------------------------------------------------------------------------------
Ocean Winner early November 2003 Scheduled for survey in 3rd Qtr. Estimated downtime
60 days.
- --------------------------------------------------------------------------------------------------------
Ocean Alliance early September 2004 Scheduled for survey in 4th Qtr. Estimated downtime
60 days.
- --------------------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
- --------------------------------------------------------------------------------------------------------
Ocean Clipper early January 2004 available.
- --------------------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- --------------------------------------------------------------------------------------------------------
Ocean Sovereign - available
- --------------------------------------------------------------------------------------------------------
Ocean Heritage late July 2003 Early termination provision exercised (30 days);
available
- --------------------------------------------------------------------------------------------------------
2
RIG NAME ESTIMATED END DATE FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------------------
COLD STACKED (7)
- --------------------------------------------------------------------------------------------------------
Ocean Liberator - Cold stacked Nov. '02
- --------------------------------------------------------------------------------------------------------
Ocean Century - Cold stacked July '98
- --------------------------------------------------------------------------------------------------------
Ocean Prospector - Cold stacked Oct. '99
- --------------------------------------------------------------------------------------------------------
Ocean Champion - Cold Stacked Feb. '02
- --------------------------------------------------------------------------------------------------------
Ocean Endeavor - Cold stacked March '02
- --------------------------------------------------------------------------------------------------------
Ocean Voyager - Cold stacked March '02
- --------------------------------------------------------------------------------------------------------
Ocean New Era - Cold stacked Dec. '02
- --------------------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME
GOM = Gulf of Mexico
** TABLE COMPLETE **
3