UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934




Date of report (Date of earliest event reported):          JULY 18, 2005
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                         DIAMOND OFFSHORE DRILLING, INC.
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               (Exact Name of Registrant as Specified in Charter)



DELAWARE                                 1-13926                76-0321760
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(State or Other Jurisdiction     (Commission File Number)     (IRS Employer
of Incorporation)                                           Identification No.)


                               15415 KATY FREEWAY
                              HOUSTON, TEXAS 77094
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              (Address of Principal Executive Offices and Zip Code)



Registrant's telephone number, including area code:       (281) 492-5300
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                                 NOT APPLICABLE
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          (Former name or former address, if changed since last report)


        Check the appropriate line below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

      Written communications pursuant to Rule 425 under the Securities Act (17
- ----  CFR 230.425)

      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
- ----  CFR 240.14a-12)

      Pre-commencement communications pursuant to Rule 14d-2(b) under the
- ----  Exchange Act (17 CFR 240.14d-2(b))

      Pre-commencement communications pursuant to Rule 13e-4(c) under the
- ----  Exchange Act (17 CFR 240.13e-4(c))


                    INFORMATION TO BE INCLUDED IN THE REPORT



ITEM 7.01. REGULATION FD DISCLOSURE

        The Registrant hereby incorporates by reference into this Item 7.01 the
summary report of the status, as of July 18, 2005, of the offshore drilling rigs
of the Registrant (except as otherwise noted) attached as Exhibit 99.1, which is
being furnished in accordance with Rule 101(e)(1) under Regulation FD and shall
not be deemed to be filed.

        Statements in this report that contain "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, include, but are
not limited to, statements regarding the current term, start and end dates and
comments concerning future contracts and availability and other aspects of the
Registrant's drilling rigs, as well as statements concerning the Garden Banks
drilling rig and its pending purchase by the Registrant. Such statements are
inherently subject to a variety of risks and uncertainties that could cause
actual results to differ materially from those anticipated or projected. A
discussion of the risk factors that could impact these areas and the
Registrant's overall business and financial performance can be found in the
Registrant's reports and other documents filed with the Securities and Exchange
Commission. These factors include, among others, general economic and business
conditions, casualty losses, industry fleet capacity, changes in foreign and
domestic oil and gas exploration and production activity, competition, changes
in foreign, political, social and economic conditions, regulatory initiatives
and compliance with governmental regulations, customer preferences and various
other matters, many of which are beyond the Registrant's control. Given these
concerns, investors and analysts should not place undue reliance on
forward-looking statements. Each forward-looking statement speaks only as of the
date of the rig status report, and the Registrant undertakes no obligation to
publicly update or revise any forward-looking statements.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

        (c) Exhibits.

     Exhibit number        Description
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          99.1             Rig Status Report as of July 18, 2005


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                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        Diamond Offshore Drilling, Inc.


                                        By: /s/ William C. Long
                                           -------------------------------------
                                             William C. Long
                                             Vice President, General Counsel and
                                             Secretary

Dated:  July 18, 2005


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                                  EXHIBIT INDEX


     Exhibit number        Description
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         99.1              Rig Status Report as of July 18, 2005






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