EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF
JULY 7, 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 Idle -
- ------------------------------------------------------------------------------------------------------------------------------------
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 Kerr McGee
- ------------------------------------------------------------------------------------------------------------------------------------
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
Pacesetter LLOG
- ------------------------------------------------------------------------------------------------------------------------------------
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 GOM Contracted
Cantilever Noble Energy
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg GOM Contracted
Cantilever Noble Energy
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Spur 300' Independent Leg GOM Contracted
Cantilever Newfield
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg GOM Contracted
Cantilever BP America
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg GOM Contracted
Cantilever Taylor Energy
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg GOM Contracted
Cantilever Spinnaker
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg GOM Contracted
Cantilever BP America
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Shipyard for cantilever
upgrade -
- ------------------------------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg GOM Contracted
Cantilever 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 Sedco 711 North Sea Contracted
Series Shell
- ------------------------------------------------------------------------------------------------------------------------------------
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
Cantilever CNOOC
- ------------------------------------------------------------------------------------------------------------------------------------
2
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
- ------------------------------------------------------------------------------------------------------------------------------------
COLD STACKED (7)
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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
JULY 7, 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 - - -
- ----------------------------------------------------------------------------------------
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 two wells plus option mid 40's early July 2003
- ----------------------------------------------------------------------------------------
Ocean Lexington second 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 first of two wells plus low 20's late June 2003
option
- ----------------------------------------------------------------------------------------
Ocean Drake 12 months low 20's late August 2002
- ----------------------------------------------------------------------------------------
Ocean Columbia one well 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 June 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 one well plus option mid 20's early July 2003
- ----------------------------------------------------------------------------------------
Ocean Warwick multiple wells mid 20's mid April 2003
- ----------------------------------------------------------------------------------------
Ocean Titan - - -
- ----------------------------------------------------------------------------------------
Ocean Tower second of three 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 first of two wells plus low 40's late May 2003
option
- ----------------------------------------------------------------------------------------
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
JULY 7, 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 late July 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Valiant early August 2003 available.
- ---------------------------------------------------------------------------------------------------
Ocean Victory - 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 October 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Lexington late July 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Saratoga late July 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Worker mid 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 early 3rd Qtr.
- ---------------------------------------------------------------------------------------------------
Ocean Columbia late July 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Spartan mid July 2003 available.
- ---------------------------------------------------------------------------------------------------
Ocean Spur late August 2003 available.
- ---------------------------------------------------------------------------------------------------
Ocean King early August 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Nugget late August 2003 available.
- ---------------------------------------------------------------------------------------------------
Ocean Summit mid August 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Warwick early August 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Titan - Cantilever upgrade ending late October 2003.
- ---------------------------------------------------------------------------------------------------
Ocean Tower late July 2003 One well with Merit Energy in upper 20's beginning
late July and ending early September 2003.
- ---------------------------------------------------------------------------------------------------
1
RIG NAME ESTIMATED END DATE FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (14)
- ---------------------------------------------------------------------------------------------------
AFRICA
- ------
- ---------------------------------------------------------------------------------------------------
Ocean Patriot mid August 2003 available
- ---------------------------------------------------------------------------------------------------
NORTH SEA
- ---------
- ---------------------------------------------------------------------------------------------------
Ocean Nomad early September 2003 available
- ---------------------------------------------------------------------------------------------------
Ocean Guardian late March 2004 available
- ---------------------------------------------------------------------------------------------------
Ocean Princess mid October 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