.
.
.
DIAMOND OFFSHRE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 28, 2005
EST.
CURRENT DAYRATE START END FUTURE CONTRACT
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR TERM (000S) DATE DATE AND OTHER INFORMATION
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Domestic Deepwater Semisubmersibles (6)
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One well with Noble in
high 110's beginning
late Mar. and ending
mid April; followed by
120 day term plus
option with Noble in
mid 120's beginning mid
early late April and ending mid
low Feb. Mar. Aug. 2005. Available;
Ocean Quest 3,500' Victory Class GOM Contracted Noble one well 100's 2005 2005 actively marketing.
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90 day term extension
plus option with Kerr-
McGee in low 140's
beginning mid July 2005
early mid and ending early Oct.
220 day mid Dec. July 2005. Available;
Ocean Star 5,500' Victory Class GOM Contracted Kerr-McGee extension 70's 2004 2005 actively marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well extension plus
option with Mariner in
mid 110's beginning mid
Mar. 2005 and ending
late April 2005;
followed by two wells
plus option with
Mariner in low 130's
beginning late April
and ending late July
2005; followed by three
well extension with
Mariner/Pioneer in low
150's beginning late
late mid July and ending early
one well mid Oct. Mar. Oct. 2005. Available;
Ocean America 5,500' Ocean Odyssey GOM Contracted Mariner extension 80's 2004 2005 actively marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well with Kerr-
McGee in high 90's
beginning early April
2005 and ending mid
June 2005, followed by
one well plus options
with Kerr-McGee in low
130's beginning mid
June and ending mid
Aug. 2005; followed by
180 day term extension
with Kerr-McGee in low
150's beginning mid
Aug. 2005 and ending
late early mid Feb. 2006.
mid Jan. April Available; actively
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Kerr-McGee one well 80's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
mid late
100 day term low Feb. May Available; actively
Ocean Victory 5,500' Victory Class GOM Contracted Shell plus option 130's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
early early
Ocean DP Aker H-3.2 five-year mid Jan. Jan. Available; actively
Confidence 7,500' Modified GOM Contracted BP term 170's 2001 2006 marketing.
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DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (4)
- ------------------------------------------------------------------------------------------------------------------------------------
One well with Walter in
low 80's beginning mid
Mar. 2005 and ending
mid mid mid April 2005.
Walter Oil low Feb. Mar. Available; actively
Ocean Voyager 2,000' Victory Class GOM Contracted & Gas one well 70's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well for Kerr-McGee
in upper 50's beginning
late Mar. and ending
late April 2005;
followed by one well
with Kerr-McGee in mid
70's beginning late
April and ending late
June 2005; followed by
two well extension plus
option with Kerr-McGee
in mid 90's beginning
late June and ending
early late mid Sept. 2005.
mid Feb. Mar. Available; actively
Ocean Concord 2,200' F&G SS-2000 GOM Contracted ENI one well 50's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
Rig will go in for
approximately 90-day
Survey and maintenance
between second and
third well, beginning
early April and ending
early July. Following
survey, two additional
wells with Walter in
low 60's beginning
early July and ending
early Sept.; followed
by one well plus option
with Walter in low 80's
beginning early Sept.
late early and ending early Oct.
Walter Oil three low Jan. April 2005. Available;
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted & Gas wells 50's 2005 2005 actively marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
Two wells plus
option with LLOG in low
110's beginning mid
mid mid June and ending mid
three mid Dec. June Nov. 2005. Available;
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted LLOG wells 60's 2004 2005 actively marketing.
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DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 28, 2005
EST.
CURRENT DAYRATE START END FUTURE CONTRACT
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR TERM (000S) DATE DATE AND OTHER INFORMATION
- ------------------------------------------------------------------------------------------------------------------------------------
DOMESTIC JACKUPS (12)
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late mid
Mat Walter Oil two well mid Jan. April Available; actively
Ocean Crusader 200' Cantilever GOM Contracted & Gas extension 30's 2005 2005 marketing.
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Two wells plus option
with ADTI/CMI/Palace
in low 40's beginning
mid Mar. and ending
late mid early April 2005.
Mat ADTI/ high Jan. Mar. Available; actively
Ocean Drake 200' Cantilever GOM Contracted Kerr-McGee two wells 30's 2005 2005 marketing.
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late late
low Jan. May Available; actively
Ocean Champion 250' Mat Slot GOM Contracted Hunt two wells 40's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
early mid
Independent mid Jan. May Available; actively
Ocean Columbia 250' Leg Cantilever GOM Contracted Kerr-McGee Five wells 40's 2005 2005 marketing.
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late mid
Independent three wells high Feb. June Available; actively
Ocean Spartan 300' Leg Cantilever GOM Contracted LLOG plus option 40's 2005 2005 marketing.
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One well with Forest
in mid 40's beginning
mid Mar. and ending
late April 2005.
Maintenance/repairs
late April through
mid mid late June 2005.
Independent mid Dec. Mar. Available; actively
Ocean Spur 300' Leg Cantilever GOM Contracted Spinnaker one well 40's 2004 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well with El Paso
in mid 50's beginning
early Mar. and ending
late early early April 2005.
Independent low Jan. Mar. Available; actively
Ocean King 300' Leg Cantilever GOM Contracted El Paso one well 50's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well with Mariner
in low 50's beginning
late Mar. and ending
mid April 2005;
followed by two wells
plus option with
Houston Exploration in
low 50's beginning mid
mid late April and ending late
Independent ADTI/ high Feb. Mar. July 2005. Available;
Ocean Nugget 300' Leg Cantilever GOM Contracted Mission one well 40's 2005 2005 actively marketing.
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late late
Independent two wells mid Feb. May Available; actively
Ocean Summit 300' Leg Cantilever GOM Contracted LLOG plus option 40's 2005 2005 marketing.
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One well with Newfield
in low 50's beginning
late Mar. and ending
early late mid May 2005.
Independent high Feb. Mar. Available; actively
Ocean Warwick 300' Leg Cantilever GOM Contracted Newfield one well 40's 2005 2005 marketing.
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late mid
Independent one well mid Jan. May Available; actively
Ocean Titan 350' Leg Cantilever GOM Contracted BHP plus option 50's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
early mid
Independent Chevron/ one well mid Jan. June Available; actively
Ocean Tower 350' Leg Cantilever GOM Contracted Texaco plus option 50's 2005 2005 marketing.
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DIAMOND OFFSHRE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 28, 2005
EST.
CURRENT DAYRATE START END FUTURE CONTRACT
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR TERM (000S) DATE DATE AND OTHER INFORMATION
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INTERNATIONAL SEMISUBMERSIBLES (17)
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MEXICO
- ------------------------------------------------------------------------------------------------------------------------------------
late mid
Ocean Bethlehem four year mid July Dec.
Ambassador 1,100' SS-2000 GOM Contracted PEMEX term work 50's 2003 2007 Available.
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late early
Ocean four year low July Oct.
Whittington 1,500' Aker H-3 GOM Contracted PEMEX term work 60's 2003 2006 Available.
- ------------------------------------------------------------------------------------------------------------------------------------
F&G 9500 mid late
Enhanced four year high Aug. July
Ocean Worker 3,500' Pacesetter GOM Contracted PEMEX term work 60's 2003 2007 Available.
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late mid
Ocean four year mid Oct. July
Yorktown 2,850' F&G SS-2000 GOM Contracted PEMEX term work 40's 2003 2007 Available.
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NORTH SEA
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early early
North low Jan. Jan. Available; actively
Ocean Nomad 1,200' Aker H-3 Sea Contracted Talisman one year 80's 2005 2006 marketing.
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One year program with
Shell in U.K. North Sea in
Earl & low 80's beginning late
Wright late late Mar. 2005 and ending late
Ocean Sedco North high Mar. Mar. Mar. 2006. Available;
Guardian 1,500' 711 Series Sea Contracted Shell one year 40's 2004 2005 actively marketing.
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early late
Ocean North one year low Jan. Dec. Available; actively
Princess 1,500' Aker H-3 Sea Contracted Talisman extension 80's 2005 2005 marketing.
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Return to yard for
additional storm damage
repairs. Est. completion
late Mar. 2005. One year
plus option program in
Norway with Statoil in low
140's beginning in late
late early Mar. 2005 and ending in
Ocean North low Feb. Mar. late Mar. 2006. Available;
Vanguard 1,500' Bingo 3000 Sea Contracted ENI P&A well 140's 2005 2005 actively marketing.
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AUSTRALASIA
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One well plus option with
Hardman in low 80's
beginning in mid Mar. and
ending early April;
followed by LOI for one
well plus option in mid
80's beginning early
April and ending mid May;
followed by LOI for one
well plus option in mid
80's beginning mid May
and ending early July;
followed by LOI for one
well in mid 80's
beginning early July and
ending early Aug.;
followed by two wells
plus option in low 90's
beginning early Aug. and
ending early Oct.;
followed by LOI for one
well plus option in mid
90's beginning early Oct.
and ending early Nov.;
followed by LOI for four
wells plus option in high
90's beginning early Nov.
early mid 2005 and ending early May
Ocean Victory mid Feb. Mar. 2006. Available; actively
Bounty 1,500' Class Australia Contracted Coogee Res. two wells 70's 2005 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
Two wells with Woodside
in high 70's beginning
early Mar. and ending
early April; followed by
two wells plus option
with Santos in high 70's
beginning early April and
ending mid June; followed
by LOI for one well plus
late early three options in high
Ocean Bass high Jan. Mar. 70's beginning mid June
Patriot 1,500' Bingo 3000 Australia Contracted Straits two wells 70's 2005 2005 and ending late July 2005
- ------------------------------------------------------------------------------------------------------------------------------------
Singapore shipyard
preping for Murphy
contract until late Mar.
Four wells plus option
with Murphy in low 70's
in Malaysia beginning
late Mar. and ending mid
Ocean Dec. 2005. Available;
Epoch 1,640' Korkut Mobe DODI -- -- -- -- -- actively marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
One well plus one option
plus demobe with KNOC in
Viet Nam in mid 50's
beginning mid April and
ending early June 2005;
followed by LOI for two
wells plus option in mid
70's in Malaysia
beginning early June and
mid mid ending early Sept. 2005.
Ocean high Dec. April Available; actively
General 1,640' Korkut Korea Contracted KNOC two wells 60's 2004 2005 marketing.
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Lump sum mobe to GOM
beginning mid May and
ending mid Oct.,
including prep; followed
by LOI with Amerada Hess
for one-year term plus
mobe in low 200's in GOM
beginning mid Oct. 2005
late mid and ending mid Oct. 2006.
Ocean Victory 180 day mid Dec. May Available; actively
Baroness 7,000' Class Indonesia Contracted Unocal extension 130's 2004 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
LOI with Murphy for
950 day extension at
average dayrate in
mid 170's beginning
late June 2005 and
late late ending early Feb.
Ocean Victory six option low Jan. June 2008. Available;
Rover 7,000' Class Malaysia Contracted Murphy wells 120's 2005 2005 actively marketing.
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DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 28, 2005
EST. FUTURE CONTRACT
CURRENT DAYRATE START END AND OTHER
RIG NAME WD DESIGN LOCATION STATUS* OPERATOR TERM (000S) DATE DATE INFORMATION
- ------------------------------------------------------------------------------------------------------------------------------------
BRAZIL
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DP DYVI early mid
Super 700 day Nov. Oct.
Ocean Yatzy 3,300' Yatzy Brazil Contracted Petrobras extension mid 70's 2003 2005 Available.
- ------------------------------------------------------------------------------------------------------------------------------------
early mid
700 day April Mar.
Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras extension mid 50's 2004 2006 Available.
- ------------------------------------------------------------------------------------------------------------------------------------
early early
Alliance one year Sept. Sept.
Ocean Alliance 5,000' Class Brazil Contracted Petrobras extension high 90's 2004 2005 Available.
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INTERNATIONAL DRILLSHIPS (1)
- ------------------------------------------------------------------------------------------------------------------------------------
early early Available;
DP Fluor/ 700 day Jan. Mar. actively
Ocean Clipper 7,500' Mitsubishi Brazil Contracted Petrobras extension low 100's 2003 2006 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
INTERNATIONAL JACKUPS (2)
- ------------------------------------------------------------------------------------------------------------------------------------
Independent mid mid Available;
Leg three wells Nov. April actively
Ocean Sovereign 250' Cantilever Bangladesh Contracted Cairn Energy plus option low 60's 2004 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
Independent early late Available;
Leg six wells Nov. April actively
Ocean Heritage 300' Cantilever India Contracted Cairn Energy plus options low 60's 2004 2005 marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
UPGRADE (1)
- ------------------------------------------------------------------------------------------------------------------------------------
Preparing for
mobe to
Singapore
shipyard for
upgrade to
8,000 ft.
design 5th
Generation rig.
Estimated
completion
early 2007.
Available;
Victory Cold actively
Ocean Endeavor 2,000' Class GOM Stacked DODI -- -- -- -- marketing.
- ------------------------------------------------------------------------------------------------------------------------------------
COLD STACKED (2)
- ------------------------------------------------------------------------------------------------------------------------------------
Cold Cold stacked
Ocean Liberator 600' Aker H-3 S. Africa Stacked DODI -- -- -- -- Nov. '02.
- ------------------------------------------------------------------------------------------------------------------------------------
Cold Cold stacked
Ocean New Era 1,500' Korkut GOM Stacked DODI -- -- -- -- Dec. '02.
- ------------------------------------------------------------------------------------------------------------------------------------
NOTES:
* GENERALLY, RIG UTILIZATION RATES APPROACH 95-98% DURING CONTRACTED
PERIODS; HOWEVER, UTILIZATION RATES CAN BE ADVERSELY IMPACTED BY ADDITIONAL
DOWNTIME DUE TO UNSCHEDULED REPAIRS AND MAINTENANCE, weather conditions and
other factors.
GOM = Gulf of Mexico