EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF DECEMBER 22, 2003
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest 3,500' Victory Class GOM Contracted Amerada Hess
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Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee
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Ocean America 5,500' Ocean Odyssey GOM Contracted W&T Offshore
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Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess
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Ocean Victory 5,500' Victory Class GOM Contracted Spinnaker
Exploration
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Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP
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DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
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Ocean Concord 2,200' F&G SS-2000 GOM Contracted Kerr McGee
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Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas
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Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted LLOG
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DOMESTIC JACKUPS (11)
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Ocean Crusader 200' Mat Cantilever GOM Contracted LLOG
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Ocean Drake 200' Mat Cantilever GOM Contracted Chevron/Texaco
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Ocean Columbia 250' Independent Leg Cantilever GOM Contracted ADTI/Seneca
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Ocean Spartan 300' Independent Leg Cantilever GOM Contracted LLOG
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Ocean Spur 300' Independent Leg Cantilever GOM Contracted Forest
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Ocean King 300' Independent Leg Cantilever GOM Contracted BP America
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Ocean Nugget 300' Independent Leg Cantilever GOM Contracted Taylor Energy
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Ocean Summit 300' Independent Leg Cantilever GOM Contracted Chevron/Texaco
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Ocean Warwick 300' Independent Leg Cantilever GOM Contracted Murphy
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Ocean Titan 350' Independent Leg Slot GOM Shipyard for DODI
cantilever upgrade
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Ocean Tower 350' Independent Leg Cantilever GOM Contracted Denbury
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1
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
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INTERNATIONAL SEMISUBMERSIBLES (17)
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MEXICO
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Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted PEMEX
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Ocean Whittington 1,500' Aker H-3 GOM Contracted PEMEX
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Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted PEMEX
Pacesetter
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Ocean Yorktown 2,850' F&G SS-2000 GOM Contracted PEMEX
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AFRICA
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Ocean Patriot 1,500' Bingo 3000 South Africa Contracted Forest Oil
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NORTH SEA
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Ocean Nomad 1,200' Aker H-3 North Sea Idle DODI
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Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Shell
711 Series
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Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman
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Ocean Vanguard 1,500' Bingo 3000 North Sea Idle DODI
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AUSTRALASIA
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Ocean Bounty 1,500' Victory Class Australia Contracted Inpex
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Ocean Epoch 1,640' Korkut Australia Contracted Santos
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Ocean General 1,640' Korkut Vietnam Contracted P.V.E&P
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Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal
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Ocean Rover 7,000' Victory Class Singapore Contracted Murphy
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2
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
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BRAZIL
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Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras
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Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
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Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras
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INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign 250' Independent Leg Indonesia Contracted Santos
Cantilever
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Ocean Heritage 300' Independent Leg Indonesia Idle DODI
Cantilever
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COLD STACKED (5)
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Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked DODI
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Ocean Champion 250' Mat Slot GOM Cold Stacked DODI
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Ocean Endeavor 2,000' Victory Class GOM Cold Stacked DODI
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Ocean Voyager 3,200' Victory Class GOM Cold Stacked DODI
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Ocean New Era 1,500' Korkut GOM Cold Stacked DODI
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ASSETS SOLD** (2)
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Ocean Century 800' Korkut - - -
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Ocean Prospector 1,700' Victory Class - - -
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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
3
** TABLE CONTINUED... **
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest second of two wells plus low 40s mid Nov. 2003
option
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Ocean Star second of two wells plus mid 70's late Oct. 2003
option
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Ocean America one well plus option mid 60's late Nov. 2003
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Ocean Valiant one well plus option mid 50's late Sept. 2003
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Ocean Victory one well low 40s late Nov. 2003
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Ocean Confidence five-year term 170's early Jan. 2001
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DOMESTIC 2ND/3RD GENERATION SUBMERSIBLES (3)
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Ocean Concord one well mid 40's mid Nov. 2003
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Ocean Lexington first of two wells plus high 30's late Nov. 2003
option
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Ocean Saratoga one well low 40's early Nov. 2003
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DOMESTIC JACKUPS (11)
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Ocean Crusader one well mid 20's late Nov. 2003
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Ocean Drake 90 day term plus option mid 20's mid Oct. 2003
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Ocean Columbia one well upper 20's mid Nov. 2003
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Ocean Spartan one well plus option upper 20's late Nov. 2003
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Ocean Spur one well plus option upper 20's late Nov. 2003
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Ocean King multiple wells low 30's early April 2003
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Ocean Nugget one well low 30's mid Sept. 2003
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Ocean Summit two wells plus option mid 30's late Nov. 2003
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Ocean Warwick one well plus option upper 20's late Sept. 2003
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Ocean Titan - - -
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Ocean Tower third of four wells plus mid 30's late Aug. 2003
option
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1
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
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INTERNATIONAL SEMISUBMERSIBLES (17)
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MEXICO
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Ocean Ambassador four year term work mid 50's late July 2003
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Ocean Whittington four year term work low 60's late July 2003
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Ocean Worker four year term work upper 60's mid Aug. 2003
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Ocean Yorktown four year term work mid 40's late Oct. 2003
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AFRICA
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Ocean Patriot 100 days plus option mid 50's mid Sept. 2003
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NORTH SEA
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Ocean Nomad - - -
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Ocean Guardian one year plus one year low 50's early April 2003
option
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Ocean Princess first option declared plus low 40's mid Nov. 2003
option
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Ocean Vanguard _ _ _
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AUSTRALASIA
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Ocean Bounty third of three wells plus low 70's mid June 2003
option for two
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Ocean Epoch one well low 60's early Dec. 2003
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Ocean General one well plus one well and mid 50's mid Nov. 2003
five completion options
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Ocean Baroness 400 days plus option 110's late March 2003
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Ocean Rover Three wells plus option 110s mid July 2003
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2
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
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BRAZIL
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Ocean Yatzy end of primary term mid 70's early Nov. 1998
Nov. 5, 2003, completing
well
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Ocean Winner one year extension low 60's early Nov. 2002 .
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Ocean Alliance four-year contract 110's early Sept. 2000
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INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper one-year extension 100's mid Feb. 2003
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign one well plus two option high 30's mid Nov. 2003
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Ocean Heritage - - -
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COLD STACKED (5)
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Ocean Liberator - - -
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Ocean Champion - - -
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Ocean Endeavor - - -
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Ocean Voyager - - -
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Ocean New Era - - -
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ASSETS SOLD** (2)
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Ocean Century - - -
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Ocean Prospector - - -
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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
3
** TABLE CONTINUED... **
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest late Dec. 2003 available, actively marketing
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Ocean Star early Jan. 2004 available, actively marketing.
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Ocean America late Dec.. 2004 90 day upgrade/survey likely 1st Qtr 2004; available,
actively marketing.
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Ocean Valiant late Dec. 2003 available; actively marketing.
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Ocean Victory mid Feb. 2004 available; actively marketing.
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Ocean Confidence early Jan. 2006 available; actively marketing.
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DOMESTIC 2ND/3RD GENERATION SUBMERSIBLES (3)
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Ocean Concord early Jan. 2004 One well plus option with Taylor in mid 40s beginning early
Jan. 2004 and ending late Jan. 2004; available, actively
marketing.
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Ocean Lexington late Jan. 2004 available, actively marketing.
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Ocean Saratoga late Dec. 2003 available, actively marketing.
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DOMESTIC JACKUPS (11)
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Ocean Crusader late Dec. 2003 One well plus option with Stone Energy in mid 20's beginning
late Dec. 2003 and ending late Feb. 2003; available, actively
marketing.
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Ocean Drake early Jan. 2004 available; actively marketing.
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Ocean Columbia late Dec. 2003 available, actively marketing.
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Ocean Spartan mid Jan. 2004 available; actively marketing.
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Ocean Spur early Jan. 2004 available; actively marketing.
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Ocean King early Feb. 2004 available; actively marketing.
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Ocean Nugget early Jan. 2004 Six month extension + option in low 30's ending late June 2004;
available, actively marketing.
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Ocean Summit late Jan. 2004 available; actively marketing.
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Ocean Warwick mid Feb. 2004 available; actively marketing.
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Ocean Titan - Cantilever upgrade ending mid Jan. 2004; available, actively
marketing.
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Ocean Tower mid Feb. 2004 available; actively marketing.
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1
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
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INTERNATIONAL SEMISUBMERSIBLES (17)
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MEXICO
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Ocean Ambassador mid Dec. 2007 available.
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Ocean Whittington early Oct. 2006 available.
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Ocean Worker late July 2007 available.
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Ocean Yorktown mid July 2007 available.
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AFRICA
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Ocean Patriot late Jan. 2004 available; actively marketing.
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NORTH SEA
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Ocean Nomad - Three wells plus option in West Africa with Premier/Vaalco in
upper 40s beginning mid Jan. 2004 and ending late June 2004.
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Ocean Guardian late March 2004 available; actively marketing.
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Ocean Princess mid Feb. 2004 available, actively marketing.
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Ocean Vanguard _ available; actively marketing.
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AUSTRALASIA
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Ocean Bounty late Feb. 2004 Two wells plus two option wells with NZOP in low 70's beginning
late Feb. 2004 and ending late May 2004; available, actiely
marketing.
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Ocean Epoch late Dec. 2003 available, actively marketing.
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Ocean General late Jan. 2004 available, actively marketing.
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Ocean Baroness early May 2004 available; actively marketing.
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Ocean Rover late Dec. 2003 First and second option wells exercised in 110s beginning late
Dec. 2003 and ending late Feb. 2004, available; actively
marketing.
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2
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
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BRAZIL
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Ocean Yatzy early Jan. 2004 Scheduled for survey beginning early 1st Qtr. 2004. Estimated
downtime 30 days; 700 day extension in mid 70's beginning in
early Nov. 2003 and ending early Oct. 2005; available.
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Ocean Winner late Feb. 2004 Scheduled for survey in 1st Qtr. '04. Estimated downtime 60
days.
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Ocean Alliance early Sept. 2004 Scheduled for survey in 1st Qtr. '04. Estimated downtime 60
days.
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INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper early Jan. 2004 700 day extension in 100's beginning early Jan. 2004 and ending
mid Dec. 2005; available.
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign late Feb. 2004 available; actively marketing.
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Ocean Heritage - Three wells plus option in Ecuador with Noble Energy in mid
50's with 30-day mobe beginning mid Jan. 2004 and contract
ending mid July 2004; actively marketing.
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COLD STACKED (5)
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Ocean Liberator - Cold stacked Nov. '02.
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Ocean Champion - Cold Stacked Feb. '02.
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Ocean Endeavor - Cold stacked March '02.
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Ocean Voyager - Cold stacked March '02.
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Ocean New Era - Cold stacked Dec. '02.
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ASSETS SOLD** (2)
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Ocean Century - Cold stacked July '98.
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Ocean Prospector - Cold stacked Oct. '98.
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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
3
** TABLE COMPLETE **