EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF FEBRUARY 17, 2004
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 Noble Energy
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Ocean Star 5,500' Victory Class GOM Idle DODI
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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 ENI
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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 GOM Contracted BP
Modified
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DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
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Ocean Concord 2,200' F&G SS-2000 GOM Idle DODI
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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 Stone Energy
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Ocean Drake 200' Mat Cantilever GOM Contracted Callon Petroleum
- ---------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg GOM Contracted ADTI/Helis
Cantilever
- ---------------------------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg GOM Contracted LLOG
Cantilever
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Ocean Spur 300' Independent Leg GOM Contracted Forest Oil
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 Chevron/Texaco
Cantilever
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Ocean Warwick 300' Independent Leg GOM Contracted Murphy
Cantilever
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Ocean Titan 350' Independent Leg Slot GOM Contracted Chevron/Texaco
- ---------------------------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg GOM Contracted Denbury
Cantilever
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1
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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 Nomad 1,200' Aker H-3 Mobe to Contracted Premier
Guinea Bissau
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Ocean Patriot 1,500' Bingo 3000 South Africa Idle DODI
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NORTH SEA
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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
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
- ---------------------------------------------------------------------------------------------------------------
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 Mobe to Contracted Noble Energy
Cantilever Ecuador
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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
- ---------------------------------------------------------------------------------------------------------------
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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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 FEBRUARY 17, 2004
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
- -----------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- -----------------------------------------------------------------------------------
Ocean Quest one well plus option high 40's late Dec. 2003
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Ocean Star - - -
- -----------------------------------------------------------------------------------
Ocean America one well extension plus mid 60's late Nov. 2003
option
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Ocean Valiant three wells plus option high 50's late Dec. 2003
- -----------------------------------------------------------------------------------
Ocean Victory one well low 40s late Nov. 2003
- -----------------------------------------------------------------------------------
Ocean Confidence five-year term 170's early Jan. 2001
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DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
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Ocean Concord - - -
- -----------------------------------------------------------------------------------
Ocean Lexington second of two wells plus high 30's late Nov. 2003
option
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Ocean Saratoga two wells plus option low 40's late Jan. 2004
- -----------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
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Ocean Crusader one well plus option mid 20's late Dec. 2003
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Ocean Drake one well high 20's mid Jan. 2004
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Ocean Columbia one well high 20's late Dec. 2003
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Ocean Spartan one well high 20's late Nov. 2003
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Ocean Spur two wells plus option low 30's late Jan. 2004
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Ocean King one well plus option high 30's mid Jan. 2004
- -----------------------------------------------------------------------------------
Ocean Nugget six month extension plus low 30's mid Jan. 2004
option
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Ocean Summit second of two wells plus mid 30's mid Jan. 2004
option
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Ocean Warwick one well plus option high 20's late Sept. 2003
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Ocean Titan one well low 50's mid Jan. 2004
- -----------------------------------------------------------------------------------
Ocean Tower fourth of four wells plus mid 30's late Aug. 2003
option
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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 high 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 Nomad one well high 40's mid Feb. 2004
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Ocean Patriot - - -
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NORTH SEA
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Ocean Guardian one year low 50's early April 2003
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Ocean Princess first of two wells mid 40's mid Feb. 2004
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Ocean Vanguard _ _ _
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AUSTRALASIA
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Ocean Bounty third of three wells low 70's mid June 2003
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Ocean Epoch Exeter/Mutineer mid 60's mid Jan. 2004
development plus option
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Ocean General one option well mid 50's late Jan. 2004
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Ocean Baroness 400 days plus option 110's late March 2003
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Ocean Rover third of four option wells 110s late Dec. 2003
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2
BRAZIL
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Ocean Yatzy end of primary term Nov. 5, mid 70's early Nov. 1998
2003, completing well
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Ocean Winner 700 day extension mid 50's early April 2004
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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 700 day extension low 100's early Jan. 2003
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign one well plus two options high 30's mid Nov. 2003
- -----------------------------------------------------------------------------------
Ocean Heritage first of three wells plus mid 50's mid Feb. 2004
options
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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 - - -
- -----------------------------------------------------------------------------------
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 FEBRUARY 17, 2004
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest mid March 2004 available; actively marketing
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Ocean Star - available; actively marketing.
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Ocean America mid March 2004 90 day upgrade/survey likely beginning late 1st Qtr 2004;
available, actively marketing.
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Ocean Valiant late July 2004 available; actively marketing.
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Ocean Victory late Feb. 2004 one well with Chevron/Texaco in mid 60's beginning late Feb. and
ending mid May 2004, available; actively marketing.
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Ocean Confidence early Jan. 2006 available; actively marketing.
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DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
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Ocean Concord - special survey thru mid March 2004, available; actively marketing.
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Ocean Lexington late Feb. 2004 available; actively marketing.
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Ocean Saratoga late April 2004 available, actively marketing.
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DOMESTIC JACKUPS (11)
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Ocean Crusader early March 2004 available; actively marketing.
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Ocean Drake late Feb. 2004 available, actively marketing.
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Ocean Columbia late Feb. 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Spartan late Feb. 2004 one well plus option with LLOG in low 30's beginning late Feb.
and ending late March 2004, available; actively marketing.
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Ocean Spur late March 2004 available, actively marketing.
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Ocean King late March 2004 available; actively marketing.
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Ocean Nugget early June 2004 available, actively marketing.
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Ocean Summit late Feb. 2004 60 day extension plus option with Chevron/Texaco in mid 30's
beginning late Feb. and ending late April 2004, available;
actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Warwick late Feb. 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Titan late Feb. 2004 one well with Chevron/Texaco in low 50's beginning late Feb. and
ending late March 2004, available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Tower mid Feb. 2004 one well plus option with SDC/Denburry in mid 40's beginning mid
Feb. and ending mid March 2004, available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
1
- ----------------------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (17)
- ----------------------------------------------------------------------------------------------------------
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 Nomad mid March 2004 Mobe to Gabon, then three wells plus option in Gabon with
Vaalco/SASOL in high 40s beginning early April and ending late
July 2004; available, actively marketing.
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Ocean Patriot - available; actively marketing.
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NORTH SEA
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Ocean Guardian late March 2004 one year extension with Shell in high 40's beginning late March
2004 and ending late March 2005, available; actively marketing.
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Ocean Princess mid June 2004 available, actively marketing.
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Ocean Vanguard _ available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
AUSTRALASIA
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Ocean Bounty mid Feb. 2004 Two wells plus two option wells with NZOP in low 70's beginning
mid Feb. 2004 and ending late May 2004; available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Epoch mid Nov. 2004 available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean General late March 2004 five completion options in mid 50's with P.V.E&P beginning late
March and ending mid Sept. 2004, available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Baroness early May 2004 180 day option exercised in 110's with Unocal beginning early May
and ending early Nov. 2004, available; actively marketing.
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Ocean Rover mid April 2004 actively marketing.
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2
BRAZIL
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Ocean Yatzy early March 2004 Scheduled for survey beginning 1st Qtr. 2004. Estimated downtime
30 days; 700 day extension in mid 70's beginning in early Nov.
2003 and ending mid Oct. 2005; available.
- ----------------------------------------------------------------------------------------------------------
Ocean Winner early March 2006 survey under way, estimated early April completion; available.
- ----------------------------------------------------------------------------------------------------------
Ocean Alliance early Sept. 2004 survey under way, estimated early April completion; available.
- ----------------------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper early March 2006 available.
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INTERNATIONAL JACKUPs (2)
- ----------------------------------------------------------------------------------------------------------
Ocean Sovereign early March 2004 Two wells plus two options with Amerada Hess in high 30's
beginning early March 2004 and ending late April 2004; available,
actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Heritage mid Aug. 2004 available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
COLD STACKED (5)
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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.
- ----------------------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME.
GOM = Gulf of Mexico
** TABLE COMPLETE **
3