EXHIBIT 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF MAY 24, 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 EPL
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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
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Ocean Valiant 5,500' Ocean Odyssey GOM Contracted ENI
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Ocean Victory 5,500' Victory Class GOM Idle DODI
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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 Contracted Westport
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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 ADTI/Palace Operating
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Ocean Columbia 250' Independent Leg GOM Contracted Kerr-McGee
Cantilever
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Ocean Spartan 300' Independent Leg GOM Contracted LLOG
Cantilever
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Ocean Spur 300' Independent Leg GOM Contracted BP America
Cantilever
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Ocean King 300' Independent Leg GOM Contracted SDC/Devon
Cantilever
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Ocean Nugget 300' Independent Leg GOM Contracted Anadarko
Cantilever
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Ocean Summit 300' Independent Leg GOM Contracted LLOG
Cantilever
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Ocean Warwick 300' Independent Leg GOM Contracted Kerr-McGee
Cantilever
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Ocean Titan 350' Independent Leg GOM Contracted Stone Energy
Cantilever
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Ocean Tower 350' Independent Leg GOM Contracted Newfield
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 Vaalco/SASOL
Guinea Bissau
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Ocean Patriot 1,500' Bingo 3000 South Africa Contracted PetroSA
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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 Contracted Talisman
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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
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Ocean General 1,640' Korkut Vietnam Contracted VRJ Petroleum
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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
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign 250' Independent Leg Indonesia Contracted Amerada Hess
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
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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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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 one well mid 40's late April 2004
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Ocean Star - - -
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Ocean America - - -
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Ocean Valiant second of three wells plus high 50's late Dec. 2003
option
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Ocean Victory - - -
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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 one well plus option high 30's early April 2004
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Ocean Lexington one well plus option high 40's late March 2004
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Ocean Saratoga one well plus option low 40's late May 2004
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DOMESTIC JACKUPS (11)
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Ocean Crusader first of two wells plus option high 20's mid May 2004
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Ocean Drake one well plus option high 20's early May 2004
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Ocean Columbia one well plus option low 30's late May 2004
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Ocean Spartan one well low 30's mid May 2004
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Ocean Spur one well plus option mid 30's mid May 2004
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Ocean King one well plus option mid 30's mid May 2004
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Ocean Nugget one well plus option low 30's late April 2004
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Ocean Summit three wells plus option mid 30's mid May 2004
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Ocean Warwick one well plus option mid 30's early April 2004
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Ocean Titan second of two wells low 40's late March 2004
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Ocean Tower one well mid 30's late March 2004
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1
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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 first of three wells plus high 40's early May 2004
option
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Ocean Patriot one well mid 50's early April 2004
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NORTH SEA
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Ocean Guardian one year high 40's late March 2004
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Ocean Princess second of two wells plus low 50's mid Feb. 2004
option
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Ocean Vanguard one well mid 30's mid May 2004
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AUSTRALASIA
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Ocean Bounty two wells plus two options low 70's late March 2004
wells
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Ocean Epoch Exeter/Mutineer mid 60's mid Jan. 2004
development plus option
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Ocean General one assignment well mid 50's late April 2004
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Ocean Baroness 180 day option 110's late April 2004
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Ocean Rover fourth option well 110s late Dec. 2003
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2
BRAZIL
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Ocean Yatzy 700 day extension mid 70's early Nov. 2003
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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 two wells plus two option high 30's early April 2004
wells
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Ocean Heritage second 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 - - -
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Ocean New Era - - -
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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
RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION
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DOMESTIC DEEPWATER SEMISUBMERSIBLES (6)
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Ocean Quest early June 2004 available; actively marketing.
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Ocean Star - available; actively marketing.
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Ocean America - 90 day upgrade/survey ending early June 2004; available, actively
marketing.
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Ocean Valiant early Aug. 2004 available; actively marketing.
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Ocean Victory - 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 late May 2004 available; actively marketing.
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Ocean Lexington early June 2004 available; actively marketing.
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Ocean Saratoga early June 2004 available; actively marketing.
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DOMESTIC JACKUPS (11)
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Ocean Crusader mid July 2004 available; actively marketing.
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Ocean Drake early June 2004 available, actively marketing.
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Ocean Columbia late July 2004 available, actively marketing.
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Ocean Spartan mid June 2004 available; actively marketing.
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Ocean Spur mid June 2004 available, actively marketing.
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Ocean King late June 2004 available; actively marketing.
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Ocean Nugget late May 2004 one well extension with Anadarko in mid 30's beginning late May
and ending mid July 2004, available; actively marketing.
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Ocean Summit mid Aug. 2004 available; actively marketing.
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Ocean Warwick late June 2004 available; actively marketing.
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Ocean Titan late June 2004 available, actively marketing.
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Ocean Tower late May 2004 available; actively marketing.
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1
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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 Nomad early Sept. 2004 available, actively marketing.
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Ocean Patriot late May 2004 available; actively marketing.
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NORTH SEA
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Ocean Guardian late March 2005 available; actively marketing.
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Ocean Princess mid Aug. 2004 available, actively marketing.
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Ocean Vanguard early July 2004 one HPHT well with Talisman in U.K. sector of North Sea in low 60's
beginning early July and ending mid Oct. 2004; LOI for for one well
in Norway in low 140's beginning mid Oct. 2004 and ending late Dec.
2004, available; actively marketing.
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AUSTRALASIA
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Ocean Bounty late May 2004 available, actively marketing.
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Ocean Epoch mid Nov. 2004 available, actively marketing.
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Ocean General mid June 2004 five completion options in mid 50's with P.V.E&P beginning mid June
and ending mid Sept. 2004, available; actively marketing.
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Ocean Baroness early Oct. 2004 available; actively marketing.
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Ocean Rover early June 2004 two firm wells with Murphy in 110's beginning early June and ending
late Aug. 2004, followed by 11 option extensions. First of the two
firm wells is to be sublet to Amerada Hess in 110's, available;
actively marketing.
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2
BRAZIL
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Ocean Yatzy mid Oct. 2005 available.
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Ocean Winner mid March 2006 available
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Ocean Alliance early Sept. 2004 available
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INTERNATIONAL DRILLSHIPS (1)
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Ocean Clipper early March 2006 available.
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INTERNATIONAL JACKUPS (2)
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Ocean Sovereign late June 2004 available, actively marketing.
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Ocean Heritage mid June 2004 available, 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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NOTES:
* ASSUME 95-98% UTILIZATION RATE DURING CONTRACTED PERIODS TO ALLOW FOR NORMAL
EQUIPMENT REPAIR DOWNTIME.
GOM = Gulf of Mexico
** TABLE COMPLETE **
3