EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF NOVEMBER 11, 2003 RIG NAME WD DESIGN LOCATION STATUS* OPERATOR - ------------------------------------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - ------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted Amerada Hess - ------------------------------------------------------------------------------------------------------------- Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee - ------------------------------------------------------------------------------------------------------------- Ocean America 5,500' Ocean Odyssey GOM Idle DODI - ------------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess - ------------------------------------------------------------------------------------------------------------- Ocean Victory 5,500' Victory Class GOM Idle DODI - ------------------------------------------------------------------------------------------------------------- Ocean Confidence 7,500' DP Aker H-3.2 GOM Contracted BP Modified - ------------------------------------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3) - ------------------------------------------------------------------------------------------------------------- Ocean Concord 2,200' F&G SS-2000 GOM Idle DODI - ------------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas - ------------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted LLOG - ------------------------------------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - ------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted Stone Energy - ------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted Chevron/Texaco - ------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg GOM Contracted ADTI/Tana Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Spartan 300' Independent Leg GOM Contracted Stone Energy Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Spur 300' Independent Leg GOM Contracted Entre/Howard Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg GOM Contracted BP America Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg GOM Contracted Taylor Energy Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg GOM Contracted El Paso Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg GOM Contracted Murphy Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Titan 350' Independent Leg Slot GOM Shipyard for cantilever DODI upgrade - ------------------------------------------------------------------------------------------------------------- Ocean Tower 350' Independent Leg GOM Contracted Denbury Cantilever - ------------------------------------------------------------------------------------------------------------- 1 - ------------------------------------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - ------------------------------------------------------------------------------------------------------------- MEXICO - ------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted PEMEX - ------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 GOM Contracted PEMEX - ------------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted PEMEX Pacesetter - ------------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 GOM Contracted PEMEX - ------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------- AFRICA - ------------------------------------------------------------------------------------------------------------- Ocean Patriot 1,500' Bingo 3000 South Africa Contracted Forest Oil - ------------------------------------------------------------------------------------------------------------- NORTH SEA - ------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Idle DODI - ------------------------------------------------------------------------------------------------------------- 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 Idle DODI - ------------------------------------------------------------------------------------------------------------- AUSTRALASIA - ------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Inpex - ------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut Australia Contracted Santos - ------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Vietnam Contracted P.V.E&P - ------------------------------------------------------------------------------------------------------------- Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal - ------------------------------------------------------------------------------------------------------------- Ocean Rover 7,000' Victory Class Singapore Contracted Murphy - ------------------------------------------------------------------------------------------------------------- 2 BRAZIL - ------------------------------------------------------------------------------------------------------------- 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 DODI Cantilever - ------------------------------------------------------------------------------------------------------------- Ocean Heritage 300' Independent Leg Indonesia Idle DODI Cantilever - ------------------------------------------------------------------------------------------------------------- COLD STACKED (5) - ------------------------------------------------------------------------------------------------------------- Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- ASSETS REMOVED FROM SERVICE & HELD FOR SALE** (2) - ------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked DODI - ------------------------------------------------------------------------------------------------------------- NOTES: * ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL EQUIPMENT REPAIR DOWNTIME. **TO BE USED FOR NON DRILLING PURPOSES. GOM = Gulf of Mexico ** TABLE CONTINUED ** 3 EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF NOVEMBER 11, 2003 RIG NAME CURRENT TERM DAYRATE (000S) START DATE - ---------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - ---------------------------------------------------------------------------------- Ocean Quest first of two wells plus low 40s mid Nov. 2003 option - ---------------------------------------------------------------------------------- Ocean Star first of two wells plus mid 70's late Oct. 2003 option - ---------------------------------------------------------------------------------- Ocean America - - - - ---------------------------------------------------------------------------------- Ocean Valiant one well plus option mid 50's late Sept. 2003 - ---------------------------------------------------------------------------------- Ocean Victory - - - - ---------------------------------------------------------------------------------- Ocean Confidence five-year term 170's early Jan. 2001 - ---------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3) - ---------------------------------------------------------------------------------- Ocean Concord - - - - ---------------------------------------------------------------------------------- Ocean Lexington second of two wells low 40's late Aug. 2003 plus option - ---------------------------------------------------------------------------------- Ocean Saratoga one well plus options low 40's early Nov. 2003 - ---------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - ---------------------------------------------------------------------------------- Ocean Crusader one well plus option mid 20's mid Oct. 2003 - ---------------------------------------------------------------------------------- Ocean Drake 90 day term plus option mid 20's mid Oct. 2003 - ---------------------------------------------------------------------------------- Ocean Columbia one well mid 20's mid Aug. 2003 - ---------------------------------------------------------------------------------- Ocean Spartan one well mid 20's late July 2003 - ---------------------------------------------------------------------------------- Ocean Spur third of three wells upper 20's late Aug. 2003 - ---------------------------------------------------------------------------------- Ocean King multiple wells low 30's early April 2003 - ---------------------------------------------------------------------------------- Ocean Nugget first of three wells mid 20's mid Sept. 2003 - ---------------------------------------------------------------------------------- Ocean Summit third of three wells plus upper 20's late Aug. 2003 option - ---------------------------------------------------------------------------------- Ocean Warwick one well plus option upper 20's late Sept. 2003 - ---------------------------------------------------------------------------------- Ocean Titan - - - - ---------------------------------------------------------------------------------- Ocean Tower third of four wells plus mid 30's late Aug. 2003 option - ---------------------------------------------------------------------------------- 1 - ---------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - ---------------------------------------------------------------------------------- MEXICO - ---------------------------------------------------------------------------------- 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 Worker four year term work upper 60's mid Aug. 2003 - ---------------------------------------------------------------------------------- Ocean Yorktown four year term work mid 40's late Oct. 2003 - ---------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------- AFRICA - ---------------------------------------------------------------------------------- Ocean Patriot 100 days plus option mid 50's mid Sept. 2003 - ---------------------------------------------------------------------------------- NORTH SEA - ---------------------------------------------------------------------------------- Ocean Nomad - - - - ---------------------------------------------------------------------------------- Ocean Guardian one year plus one year low 50's early April 2003 option - ---------------------------------------------------------------------------------- Ocean Princess second well low 40's late May 2003 - ---------------------------------------------------------------------------------- Ocean Vanguard _ _ _ - ---------------------------------------------------------------------------------- AUSTRALASIA - ---------------------------------------------------------------------------------- Ocean Bounty second of three wells low 70's mid June 2003 plus option for two - ---------------------------------------------------------------------------------- Ocean Epoch one well plus option low 60's mid September 2003 - ---------------------------------------------------------------------------------- Ocean General standby mid teens mid Oct. 2003 - ---------------------------------------------------------------------------------- Ocean Baroness 400 days plus option 110's late March 2003 - ---------------------------------------------------------------------------------- Ocean Rover Three wells plus option 110s mid July 2003 - ---------------------------------------------------------------------------------- 2 BRAZIL - ---------------------------------------------------------------------------------- Ocean Yatzy five-year term plus option 120's early Nov. 1998 - ---------------------------------------------------------------------------------- Ocean Winner one year extension low 60's early Nov. 2002 - ---------------------------------------------------------------------------------- Ocean Alliance four-year contract 110's early Sept. 2000 - ---------------------------------------------------------------------------------- INTERNATIONAL DRILLSHIPS (1) - ---------------------------------------------------------------------------------- Ocean Clipper one-year extension 100's mid Feb. 2003 - ---------------------------------------------------------------------------------- INTERNATIONAL JACKUPS (2) - ---------------------------------------------------------------------------------- Ocean Sovereign - - - - ---------------------------------------------------------------------------------- Ocean Heritage - - - - ---------------------------------------------------------------------------------- COLD STACKED (5) - ---------------------------------------------------------------------------------- Ocean Liberator - - - - ---------------------------------------------------------------------------------- Ocean Champion - - - - ---------------------------------------------------------------------------------- Ocean Endeavor - - - - ---------------------------------------------------------------------------------- Ocean Voyager - - - - ---------------------------------------------------------------------------------- Ocean New Era - - - - ---------------------------------------------------------------------------------- ASSETS REMOVED FROM SERVICE & HELD FOR SALE ** (2) - ---------------------------------------------------------------------------------- Ocean Century - - - - ---------------------------------------------------------------------------------- Ocean Prospector - - - - ---------------------------------------------------------------------------------- NOTES: * ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL EQUIPMENT REPAIR DOWNTIME. **TO BE USED FOR NON DRILLING PURPOSES. GOM = Gulf of Mexico ** TABLE CONTINUED ** 3 EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF NOVEMBER 11, 2003 RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION - --------------------------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - --------------------------------------------------------------------------------------------------- Ocean Quest mid Dec. 2003 available, actively marketing - --------------------------------------------------------------------------------------------------- Ocean Star late Dec. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean America - available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Valiant late Dec. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Victory - available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Confidence early Jan. 2006 available; actively marketing. - --------------------------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3) - --------------------------------------------------------------------------------------------------- Ocean Concord - One well with Kerr McGee in mid 40s beginning mid Nov. 2003 and ending early Jan. 2004, waiting on permit; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Lexington late Nov. 2003 Two wells plus option with Walter in high 30's beginning late Nov. 2003 and ending mid Jan. 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Saratoga early Dec. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - --------------------------------------------------------------------------------------------------- Ocean Crusader mid Nov. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Drake early Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Columbia mid Nov. 2003 One well with ADTI/Seneca in upper 20's beginning mid Nov. and ending late Nov. 2003; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Spartan mid Nov. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Spur late Nov. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean King late Nov. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Nugget late May 2004 Two wells in mid 20's and third well in low 30's; followed by six month extension + option in low 30's ending late May 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Summit late Nov. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Warwick late Dec. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Titan - Cantilever upgrade ending mid Dec. 2003; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Tower early Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- 1 - --------------------------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - --------------------------------------------------------------------------------------------------- MEXICO - --------------------------------------------------------------------------------------------------- Ocean Ambassador mid Dec. 2007 available. - --------------------------------------------------------------------------------------------------- Ocean Whittington early Oct. 2006 available. - --------------------------------------------------------------------------------------------------- Ocean Worker late July 2007 available. - --------------------------------------------------------------------------------------------------- Ocean Yorktown mid July 2007 available. - --------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------- AFRICA - --------------------------------------------------------------------------------------------------- Ocean Patriot late Dec. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- NORTH SEA - --------------------------------------------------------------------------------------------------- Ocean Nomad - Three wells plus option in West Africa with Premier/Vaalco in upper 40s beginning mid Jan. 2004 and ending late June 2004. - --------------------------------------------------------------------------------------------------- Ocean Guardian late March 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Princess early Nov. 2003 First option declared plus option with Talisman in low 40s beginning early Nov. 2003 and ending late Jan. 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Vanguard _ available; actively marketing. - --------------------------------------------------------------------------------------------------- AUSTRALASIA - --------------------------------------------------------------------------------------------------- Ocean Bounty late Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Epoch mid Dec. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean General mid Nov. 2003 One well plus one well and five completion option wells with P.V.E&P in mid 50's beginning mid Nov. 2003 and ending late Jan. 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Baroness early May 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Rover late Dec. 2003 First option well exercised in 110s beginning late Dec. 2003 and ending late Jan. 2004, available; actively marketing. - --------------------------------------------------------------------------------------------------- 2 BRAZIL - --------------------------------------------------------------------------------------------------- Ocean Yatzy early Nov. 2003 Nov. 5, 2003 end of primary term; end of well expected late Dec. 2003, followed by scheduled 30 day survey. available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Winner late Feb. 2004 Scheduled for survey in 1st Qtr. '04. Estimated downtime 60 days. - --------------------------------------------------------------------------------------------------- Ocean Alliance early Sept. 2004 Scheduled for survey in 1st Qtr. '04 Estimated downtime 60 days. - --------------------------------------------------------------------------------------------------- INTERNATIONAL DRILLSHIPS (1) - --------------------------------------------------------------------------------------------------- Ocean Clipper early Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------- INTERNATIONAL JACKUPS (2) - --------------------------------------------------------------------------------------------------- Ocean Sovereign - available; actively marketing. - --------------------------------------------------------------------------------------------------- Ocean Heritage - available; actively marketing. - --------------------------------------------------------------------------------------------------- COLD STACKED (5) - --------------------------------------------------------------------------------------------------- Ocean Liberator - Cold stacked Nov. '02. - --------------------------------------------------------------------------------------------------- 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. - --------------------------------------------------------------------------------------------------- ASSETS REMOVED FROM SERVICES & HELD FOR SALE** (2) - --------------------------------------------------------------------------------------------------- Ocean Century - Cold stacked July '98. - --------------------------------------------------------------------------------------------------- Ocean Prospector - Cold stacked Oct. '98. - --------------------------------------------------------------------------------------------------- NOTES: * ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL EQUIPMENT REPAIR DOWNTIME. **TO BE USED FOR NON DRILLING PURPOSES. GOM = Gulf of Mexico ** TABLE COMPLETE ** 3