EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS MARCH 2, 2004
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- ----------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted Noble Energy
- ----------------------------------------------------------------------------------------------
Ocean Star 5,500' Victory Class GOM Idle DODI
- ----------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted W&T Offshore
- ----------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted ENI
- ----------------------------------------------------------------------------------------------
Ocean Victory 5,500' Victory Class GOM Contracted Spinnaker
Exploration
- ----------------------------------------------------------------------------------------------
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 ADTI/CMI
- ----------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg GOM Contracted ADTI/Helis
Cantilever
- ----------------------------------------------------------------------------------------------
Ocean Spartan 300' Independent Leg GOM Contracted LLOG
Cantilever
- ----------------------------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg GOM Contracted Petroquest
Cantilever
- ----------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg GOM Contracted Chevron/Texaco
Cantilever
- ----------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg GOM Contracted SDC/Denbury
Cantilever
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
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 Nomad 1,200' Aker H-3 Mobe to Contracted Premier
Guinea Bissau
- ----------------------------------------------------------------------------------------------
Ocean Patriot 1,500' Bingo 3000 South Africa Idle DODI
- ----------------------------------------------------------------------------------------------
NORTH SEA
- ----------------------------------------------------------------------------------------------
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 NZOP
- ----------------------------------------------------------------------------------------------
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 Contracted Santos
Cantilever
- ----------------------------------------------------------------------------------------------
Ocean Heritage 300' Independent Leg Mobe to Ecuador Contracted Noble Energy
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
- ----------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME.
GOM = Gulf of Mexico
** TABLE CONTINUED **
3
RIG NAME CURRENT TERM DAYRATE (000S) START DATE
- -------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- -------------------------------------------------------------------------------
Ocean Quest one well plus option high 40's late Dec. 2003
- -------------------------------------------------------------------------------
Ocean Star - - -
- -------------------------------------------------------------------------------
Ocean America one well extension plus mid 60's late Nov. 2003
option
- -------------------------------------------------------------------------------
Ocean Valiant three wells plus high 50's late Dec. 2003
option
- -------------------------------------------------------------------------------
Ocean Victory one well low 40s late Nov. 2003
- --------------------------------------------------------------------------- ---
Ocean Confidence five-year term 170's early Jan. 2001
- -------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
- -------------------------------------------------------------------------------
Ocean Concord - - -
- -------------------------------------------------------------------------------
Ocean Lexington second of two wells high 30's late Nov. 2003
- -------------------------------------------------------------------------------
Ocean Saratoga two wells plus option low 40's late Jan. 2004
- -------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- -------------------------------------------------------------------------------
Ocean Crusader one well plus option mid 20's late Dec. 2003
- -------------------------------------------------------------------------------
Ocean Drake two wells plus option high 20's late Feb. 2004
- -------------------------------------------------------------------------------
Ocean Columbia one well high 20's late Dec. 2003
- -------------------------------------------------------------------------------
Ocean Spartan one well high 20's late Nov. 2003
- -------------------------------------------------------------------------------
Ocean Spur two wells plus option low 30's late Jan. 2004
- -------------------------------------------------------------------------------
Ocean King one well plus option high 30's mid Jan. 2004
- -------------------------------------------------------------------------------
Ocean Nugget six month extension low 30's mid Jan. 2004
plus option
- -------------------------------------------------------------------------------
Ocean Summit second of two wells mid 30's mid Jan. 2004
plus option
- -------------------------------------------------------------------------------
Ocean Warwick one well mid 30's late Feb. 2004
- -------------------------------------------------------------------------------
Ocean Titan one well low 50's early March 2004
- -------------------------------------------------------------------------------
Ocean Tower one well plus option mid 40's mid Feb. 2004
- -------------------------------------------------------------------------------
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 high 60's mid Aug. 2003
- -------------------------------------------------------------------------------
Ocean Yorktown four year term work mid 40's late Oct. 2003
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
AFRICA
- -------------------------------------------------------------------------------
Ocean Nomad one well high 40's mid Feb. 2004
- -------------------------------------------------------------------------------
Ocean Patriot - - -
- -------------------------------------------------------------------------------
NORTH SEA
- -------------------------------------------------------------------------------
Ocean Guardian one year low 50's early April 2003
- -------------------------------------------------------------------------------
Ocean Princess first of two wells mid 40's mid Feb. 2004
plus option
- -------------------------------------------------------------------------------
Ocean Vanguard _ _ _
- -------------------------------------------------------------------------------
AUSTRALASIA
- -------------------------------------------------------------------------------
Ocean Bounty under tow to mid 50's late Feb. 2004
New Zealand
- -------------------------------------------------------------------------------
Ocean Epoch Exeter/Mutineer mid 60's mid Jan. 2004
development plus option
- -------------------------------------------------------------------------------
Ocean General one option well mid 50's late Jan. 2004
- -------------------------------------------------------------------------------
Ocean Baroness 400 days plus option 110's late March 2003
- -------------------------------------------------------------------------------
Ocean Rover third of four option wells 110s late Dec. 2003
- -------------------------------------------------------------------------------
2
BRAZIL
- -------------------------------------------------------------------------------
Ocean Yatzy end of primary term mid 70's, early Nov. 1998
Nov. 5, 2003
completing well
- -------------------------------------------------------------------------------
Ocean Winner 700 day extension mid 50's early April 2004
- -------------------------------------------------------------------------------
Ocean Alliance four-year contract 110's early Sept. 2000
- -------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
- -------------------------------------------------------------------------------
Ocean Clipper 700 day extension low 100's early Jan. 2003
- -------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- -------------------------------------------------------------------------------
Ocean Sovereign one well plus two high 30's mid Nov. 2003
options
- -------------------------------------------------------------------------------
Ocean Heritage first of three wells mid 50's mid Feb. 2004
plus options
- -------------------------------------------------------------------------------
COLD STACKED (5)
- -------------------------------------------------------------------------------
Ocean Liberator - - -
- -------------------------------------------------------------------------------
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
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
- --------------------------------------------------------------------------------------------
DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
- --------------------------------------------------------------------------------------------
Ocean Quest early March 2004 available; actively marketing
- --------------------------------------------------------------------------------------------
Ocean Star - available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean America early March 2004 90 day upgrade/survey likely beginning early
March 2004; available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Valiant late July 2004 available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Victory mid March 2004 one well with Chevron/Texaco in mid 60's
beginning mid March and ending late May 2004,
available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Confidence early Jan. 2006 available; actively marketing.
- --------------------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
- --------------------------------------------------------------------------------------------
Ocean Concord - special survey thru late March 2004,
available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Lexington early March 2004 one well plus option with Walter in low 40's
beginning early March and ending late March
2004, available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Saratoga mid May 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- --------------------------------------------------------------------------------------------
Ocean Crusader late March 2004 available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Drake mid March 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Columbia early March 2004 available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Spartan mid March 2004 one well plus option with LLOG in low 30's
beginning mid March and ending mid April
2004, available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Spur early April 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean King late March 2004 available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Nugget early June 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Summit early March 2004 60 day extension plus option with
Chevron/Texaco in mid 30's beginning early
March and ending early May 2004,
available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Warwick mid April 2004 available; actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Titan mid March 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Tower mid March 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 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 early July 2004; available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Patriot - available; actively marketing.
- --------------------------------------------------------------------------------------------
NORTH SEA
- --------------------------------------------------------------------------------------------
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.
- --------------------------------------------------------------------------------------------
Ocean Princess late July 2004 available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Vanguard _ available; actively marketing.
- --------------------------------------------------------------------------------------------
AUSTRALASIA
- --------------------------------------------------------------------------------------------
Ocean Bounty mid March 2004 Two wells plus two option wells with NZOP in low 70's
beginning mid March 2004 and ending late May 2004;
available, actiely 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.
- --------------------------------------------------------------------------------------------
Ocean Rover mid April 2004 actively marketing.
- --------------------------------------------------------------------------------------------
2
BRAZIL
- --------------------------------------------------------------------------------------------
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)
- --------------------------------------------------------------------------------------------
Ocean Clipper early March 2006 available.
- --------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- --------------------------------------------------------------------------------------------
Ocean Sovereign mid March 2004 Two wells plus two options with Amerada Hess in high
30's beginning mid March 2004 and ending mid May 2004;
available, actively marketing.
- --------------------------------------------------------------------------------------------
Ocean Heritage late June 2004 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.
- --------------------------------------------------------------------------------------------
NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME.
GOM = Gulf of Mexico
** TABLE COMPLETE **
3