EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF MARCH 16, 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 Idle DODI
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Ocean Star 5,500' Victory Class GOM Idle DODI
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Ocean America 5,500' Ocean Odyssey GOM Idle DODI
- -------------------------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted ENI
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Ocean Victory 5,500' Victory Class GOM Contracted Chevron/Texaco
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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
- -------------------------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas
- -------------------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted ADTI/CMI
- -------------------------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg GOM Idle DODI
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
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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
- -------------------------------------------------------------------------------------------------------------
AFRICA
- -------------------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------------------------
AUSTRALASIA
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Ocean Bounty 1,500' Victory Class Australia Contracted NZOP
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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
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Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------
Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras
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Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras
- -------------------------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
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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)
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Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked DODI
- -------------------------------------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------------------------------------
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
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest - - -
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Ocean Star - - -
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Ocean America - - -
- --------------------------------------------------------------------------------
Ocean Valiant three wells plus option high 50's late Dec. 2003
- --------------------------------------------------------------------------------
Ocean Victory one well mid 60's mid March 2004
- --------------------------------------------------------------------------------
Ocean Confidence five-year term 170's early Jan. 2001
- --------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3)
- --------------------------------------------------------------------------------
Ocean Concord - - -
- --------------------------------------------------------------------------------
Ocean Lexington one well plus option low 40's early March 2004
- --------------------------------------------------------------------------------
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
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Ocean Drake two wells plus option high 20's late Feb. 2004
- --------------------------------------------------------------------------------
Ocean Columbia - - -
- --------------------------------------------------------------------------------
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 plus low 30's mid Jan. 2004
option
- --------------------------------------------------------------------------------
Ocean Summit 60 day extension mid 30's early March 2004
- --------------------------------------------------------------------------------
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
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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 plus mid 40's mid Feb. 2004
option
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Ocean Vanguard _ _ _
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AUSTRALASIA
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Ocean Bounty under tow to New Zealand mid 50's late Feb. 2004
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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
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper 700 day extension low 100's early Jan. 2003
- --------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- --------------------------------------------------------------------------------
Ocean Sovereign one well plus two options high 30's mid Nov. 2003
- --------------------------------------------------------------------------------
Ocean Heritage first of three wells plus 50's mid Feb. 2004
options
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COLD STACKED (5)
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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)
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Ocean Quest - available; actively marketing.
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Ocean Star - available; actively marketing.
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Ocean America - 90 day upgrade/survey ending late May 2004; available, actively
marketing.
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Ocean Valiant early Aug. 2004 available; actively marketing.
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Ocean Victory mid June 2004 available; actively marketing.
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Ocean Confidence early Jan. 2006 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
DOMESTIC 2ND/3RD GENEERATION SEMISUBMERSIBLES (3)
- ----------------------------------------------------------------------------------------------------------
Ocean Concord - special survey thru late March 2004, followed by one well plus
option with Westport in high 30's beginning late March and ending
mid May 2004, available; actively marketing.
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Ocean Lexington early April 2004 available; actively marketing.
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Ocean Saratoga mid May 2004 available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (11)
- ----------------------------------------------------------------------------------------------------------
Ocean Crusader early April 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Drake late March 2004 one well plus option with ADTI/Kerr McGee in high 20's beginning
late March and ending early May 2004, available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Columbia - spud can inspection/maintenance ending late March 2004, available;
actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Spartan late March 2004 one well plus option with LLOG in low 30's beginning late March
and ending late April 2004, available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Spur late March 2004 available, actively marketing.
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Ocean King late March 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Nugget early June 2004 available, actively marketing.
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Ocean Summit early May 2004 available; actively marketing.
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Ocean Warwick mid April 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Titan late March 2004 available, actively marketing.
- ----------------------------------------------------------------------------------------------------------
Ocean Tower mid March 2004 available; actively marketing.
- ----------------------------------------------------------------------------------------------------------
1
- ----------------------------------------------------------------------------------------------------------
INTERNATIONAL SEMISUBMERSIBLES (17)
- ----------------------------------------------------------------------------------------------------------
MEXICO
- ----------------------------------------------------------------------------------------------------------
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
- ----------------------------------------------------------------------------------------------------------
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 Aug. 2004; available, actively marketing.
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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 _ one well with Talisman in mid 30's beginning early May in U.K.
sector of North Sea, followed by optional intervention well at
adjusted rate, followed by one well in low 60's and ending mid
November 2004, 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 mid April 2004 five completion options in mid 50's with P.V.E&P beginning mid
April and ending late Aug. 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 late April 2004 actively marketing.
- ----------------------------------------------------------------------------------------------------------
2
BRAZIL
- ----------------------------------------------------------------------------------------------------------
Ocean Yatzy late March 2004 Scheduled for survey beginning late 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 late March completion; available.
- ----------------------------------------------------------------------------------------------------------
INTERNATIONAL DRILLSHIPS (1)
- ----------------------------------------------------------------------------------------------------------
Ocean Clipper early March 2006 available.
- ----------------------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- ----------------------------------------------------------------------------------------------------------
Ocean Sovereign late March 2004 Two wells plus two options with Amerada Hess in high 30's
beginning late March 2004 and ending late 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