Exhibit 99.1
DIAMOND OFFSHORE DRILLING, INC.
RIG STATUS REPORT AS OF NOVEMBER 27, 2000
<TABLE>
<CAPTION>
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS
--------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Ocean Crusader 200' Mat Cantilever GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Drake 200' Mat Cantilever GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Champion 250' Mat Slot GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Columbia 250' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Spartan 250' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Spur 250' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Sovereign 250' Independent Leg Indonesia Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Heritage 250' Independent Leg Indonesia Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean King 300' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Nugget 300' Independent Leg GOM Undergoing Repairs
Cantilever
--------------------------------------------------------------------------------------------
Ocean Summit 300' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Warwick 300' Independent Leg GOM Contracted
Cantilever
--------------------------------------------------------------------------------------------
Ocean Titan 350' Independent Leg Slot GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Tower 350' Independent Leg Slot GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Liberator 600' Aker H-3 Cote D'lvoire Contracted
--------------------------------------------------------------------------------------------
Ocean Century 800' Korkut GOM Cold Stacked
--------------------------------------------------------------------------------------------
<PAGE>
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS
--------------------------------------------------------------------------------------------
Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Nomad 1,200' Aker H-3 North Sea Contracted
--------------------------------------------------------------------------------------------
Ocean Epoch 1,200' Korkut Singapore Stacked Ready
--------------------------------------------------------------------------------------------
Ocean General 1,200' Korkut Australia Contracted
--------------------------------------------------------------------------------------------
Ocean New Era 1,500' Korkut GOM Stacked Ready
--------------------------------------------------------------------------------------------
Ocean Bounty 1,500' Victory Class Australia Contracted
--------------------------------------------------------------------------------------------
Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted
711 Series
--------------------------------------------------------------------------------------------
Ocean Princess 1,500' Aker H-3 North Sea Contracted
--------------------------------------------------------------------------------------------
Ocean Whittington 1,500' Aker H-3 Brazil Contracted
--------------------------------------------------------------------------------------------
Ocean Prospector 1,700' Victory Class GOM Cold Stacked
--------------------------------------------------------------------------------------------
Ocean Endeavor 2,000' Victory Class GOM Stacked Ready
--------------------------------------------------------------------------------------------
Ocean Rover 2,000' Victory Class GOM Cold Stacked
--------------------------------------------------------------------------------------------
Ocean Concord 2,200' F&G SS-2000 GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Lexington 2,200' F&G SS-2000 GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted
--------------------------------------------------------------------------------------------
Ocean Voyager 3,200' Victory Class GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted
--------------------------------------------------------------------------------------------
Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted
Pacesetter
--------------------------------------------------------------------------------------------
Ocean Quest 3,500' Victory Class GOM Contracted
--------------------------------------------------------------------------------------------
<PAGE>
RATED
WATER
RIG NAME DEPTH DESIGN LOCATION STATUS
--------------------------------------------------------------------------------------------
Ocean Winner 3,500' Aker H-3 Brazil Contracted
--------------------------------------------------------------------------------------------
Ocean Star 5,500' Victory Class GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Victory 5,500' Victory Class GOM Contracted
--------------------------------------------------------------------------------------------
Ocean America 5,500' Ocean Odyssey GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Valiant 5,500' Ocean Odyssey GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Alliance 5,500' DP Ocean Ranger II Brazil Contracted
Modified
--------------------------------------------------------------------------------------------
Ocean Baroness 6,000' Victory Class Singapore Shipyard Upgrade
--------------------------------------------------------------------------------------------
Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted
--------------------------------------------------------------------------------------------
Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted
--------------------------------------------------------------------------------------------
</TABLE>
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE CONTINUED **
<PAGE>
<TABLE>
<CAPTION>
RIG NAME OPERATOR CURRENT TERM START DATE ESTIMATED END DATE
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Ocean Crusader Walter first of two wells late November 2000 early January 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Drake Chevron four month extension late September 2000 late January 2001
plus option
--------------------------------------------------------------------------------------------------------------------
Ocean Champion Cliffs/Chieftain one well assignment mid November 2000 late December 2000
from Pogo
--------------------------------------------------------------------------------------------------------------------
Ocean Columbia BP Vastar one year term mid January 2000 mid January 2001
plus option
--------------------------------------------------------------------------------------------------------------------
Ocean Spartan BP Vastar six month term late November 2000 late May 2001
plus option
--------------------------------------------------------------------------------------------------------------------
Ocean Spur BP Vastar six month term early October 2000 early April 2001
plus option
--------------------------------------------------------------------------------------------------------------------
Ocean Sovereign Maxus two-year term mid September 2000 early August 2002
--------------------------------------------------------------------------------------------------------------------
Ocean Heritage Maxus Substitution for Ocean mid October 2000 late December 2000
Soverign
--------------------------------------------------------------------------------------------------------------------
Ocean King BP 90 day term plus option late October 2000 late January 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Nugget - - late September 2000 mid February 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Summit EOG Resources one well extension mid November 2000 mid November 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Warwick BP Vastar six month term plus early October 2000 early April 2001
option
--------------------------------------------------------------------------------------------------------------------
Ocean Titan BP Vastar 90 day term early August 2000 early December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Tower Houston one well early August 2000 early December 2000
Exploration
--------------------------------------------------------------------------------------------------------------------
Ocean Liberator DOTS/Santa Fe two wells late October 2000 mid December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Century - - - -
--------------------------------------------------------------------------------------------------------------------
<PAGE>
RIG NAME OPERATOR CURRENT TERM START DATE ESTIMATED END DATE
--------------------------------------------------------------------------------------------------------------------
Ocean Ambassador Stone Energy one well plus option late November 2000 mid December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Nomad Veba one well plus one late October 2000 late December 2000
sidetrack
--------------------------------------------------------------------------------------------------------------------
Ocean Epoch - - - -
--------------------------------------------------------------------------------------------------------------------
Ocean General Phillips one well late September 2000 early December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean New Era - - - -
--------------------------------------------------------------------------------------------------------------------
Ocean Bounty Kerr McGee two wells late November 2000 early January 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Guardian Venture one well mid August 2000 early December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Princess Talisman one well plus 3 options early November 2000 early February 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Whittington Petrobras three-year term mid March 1998 mid March 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Prospector - - - -
--------------------------------------------------------------------------------------------------------------------
Ocean Endeavor - - - -
--------------------------------------------------------------------------------------------------------------------
Ocean Rover - - - -
--------------------------------------------------------------------------------------------------------------------
Ocean Concord Walter one well plus option mid November 2000 early January 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Lexington Pogo one well mid November 2000 early December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Saratoga Walter one well early November 2000 late December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Yorktown Petrobras five-year term early June 1996 early June 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Voyager Mariner one well early November 2000 mid December 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Yatzy Petrobras five-year term early November 1998 early November 2003
--------------------------------------------------------------------------------------------------------------------
Ocean Worker Shell four-year term plus mid January 1998 mid January 2002
option
--------------------------------------------------------------------------------------------------------------------
Ocean Quest DOTS/Shell P&A program late November 2000 late December 2000
--------------------------------------------------------------------------------------------------------------------
<PAGE>
RIG NAME OPERATOR CURRENT TERM START DATE ESTIMATED END DATE
--------------------------------------------------------------------------------------------------------------------
Ocean Winner Petrobras two-year term early May 1999 early May 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Star Kerr McGee third of three wells early July 2000 late November 2000
--------------------------------------------------------------------------------------------------------------------
Ocean Victory BP three-year term mid November 1997 early March 2001
--------------------------------------------------------------------------------------------------------------------
Ocean America BP one well late August 2000 mid February 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Valiant Amerada Hess 810 day term late September 1999 mid January 2001
--------------------------------------------------------------------------------------------------------------------
Ocean Alliance Petrobras three-year term early September 2000 early September 2003
--------------------------------------------------------------------------------------------------------------------
Ocean Baroness - - - February 2002
--------------------------------------------------------------------------------------------------------------------
Ocean Confidence BP five-year term upon customer five-year term
acceptance
--------------------------------------------------------------------------------------------------------------------
Ocean Clipper Petrobras three-year term mid January 2000 mid January 2003
--------------------------------------------------------------------------------------------------------------------
</TABLE>
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
** TABLE CONTINUED **
<PAGE>
<TABLE>
<CAPTION>
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
-------------------------------------------------------------------------------------------
<S> <C> <C>
Ocean Crusader lower 20's contracted for two wells plus option with Walter in
lower 20's ending mid February 2001
-------------------------------------------------------------------------------------------
Ocean Drake mid 30's available
-------------------------------------------------------------------------------------------
Ocean Champion mid 30's one well plus option with Pogo in mid 30's ending
mid January 2001
-------------------------------------------------------------------------------------------
Ocean Columbia upper teens available
-------------------------------------------------------------------------------------------
Ocean Spartan lower 40's available
-------------------------------------------------------------------------------------------
Ocean Spur upper 30's available
-------------------------------------------------------------------------------------------
Ocean Sovereign lower 30's shipyard repairs beginning early December and ending
late December 2000
-------------------------------------------------------------------------------------------
Ocean Heritage lower 30's Substitution for Ocean Sovereign beginning early
October 2000 ending late December 2000
-------------------------------------------------------------------------------------------
Ocean King lower 50's available
-------------------------------------------------------------------------------------------
Ocean Nugget - available
-------------------------------------------------------------------------------------------
Ocean Summit lower 50's contracted for completion of previous well with EOG
Resources in lower 30's ending early January 2001
-------------------------------------------------------------------------------------------
Ocean Warwick lower 50's available
-------------------------------------------------------------------------------------------
Ocean Titan lower 30's contracted for one well plus option with Dominion in
mid 30's ending early February 2001
-------------------------------------------------------------------------------------------
Ocean Tower mid 30's available
-------------------------------------------------------------------------------------------
Ocean Liberator lower 40's available
-------------------------------------------------------------------------------------------
Ocean Century - -
-------------------------------------------------------------------------------------------
<PAGE>
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
-------------------------------------------------------------------------------------------
Ocean Ambassador mid 30's available
-------------------------------------------------------------------------------------------
Ocean Nomad upper 30's shipyard repairs beginning late December 2000 and
ending early March 2001
-------------------------------------------------------------------------------------------
Ocean Epoch - available
-------------------------------------------------------------------------------------------
Ocean General lower 60's contracted for one well plus two options with
Coastal in upper 40's ending early January 2001
-------------------------------------------------------------------------------------------
Ocean New Era - available
-------------------------------------------------------------------------------------------
Ocean Bounty upper 40's contracted for one well with Nippon in lower 60's
ending early February 2001
-------------------------------------------------------------------------------------------
Ocean Guardian lower 40's contracted for one well extension with Venture in
lower 40's ending early January 2001
-------------------------------------------------------------------------------------------
Ocean Princess upper 30's available
-------------------------------------------------------------------------------------------
Ocean Whittington 100's available
-------------------------------------------------------------------------------------------
Ocean Prospector - -
-------------------------------------------------------------------------------------------
Ocean Endeavor - -
-------------------------------------------------------------------------------------------
Ocean Rover - -
-------------------------------------------------------------------------------------------
Ocean Concord mid 30's available
-------------------------------------------------------------------------------------------
Ocean Lexington upper 30's available
-------------------------------------------------------------------------------------------
Ocean Saratoga mid 30's contracted for two wells plus option with Walter in
upper 30's ending late January 2001
-------------------------------------------------------------------------------------------
Ocean Yorktown lower 60's available
-------------------------------------------------------------------------------------------
Ocean Voyager lower 40's contracted for one well extension with option with
Mariner in lower 40's ending mid January 2001
-------------------------------------------------------------------------------------------
Ocean Yatzy 120's available
-------------------------------------------------------------------------------------------
Ocean Worker 120's available
-------------------------------------------------------------------------------------------
Ocean Quest lower 70's available
-------------------------------------------------------------------------------------------
<PAGE>
DAYRATE
RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION
-------------------------------------------------------------------------------------------
Ocean Winner lower 80's contracted for 18 month extension with Petrobras in
lower 80's ending late October 2002
-------------------------------------------------------------------------------------------
Ocean Star mid 70's contracted for two wells with Kerr McGee in mid 80's
ending late January 2001; followed by two well
extension with Kerr McGee in mid 90's ending late
March 2001; followed by six month extension plus
option with Kerr McGee in 100's ending late
September 2001
-------------------------------------------------------------------------------------------
Ocean Victory 120's contracted for 180 day extension plus option with BP
in 110's ending late August 2001
-------------------------------------------------------------------------------------------
Ocean America lower 80's available
-------------------------------------------------------------------------------------------
Ocean Valiant 110's contracted for Conger Prospect in 110's ending late
January 2001; followed by 120's ending late December
2001
-------------------------------------------------------------------------------------------
Ocean Alliance 110's available
-------------------------------------------------------------------------------------------
Ocean Baroness - available
-------------------------------------------------------------------------------------------
Ocean Confidence lower 170's available
-------------------------------------------------------------------------------------------
Ocean Clipper lower 90's available
-------------------------------------------------------------------------------------------
</TABLE>
NOTES:
DOTS = Diamond Offshore Team Solutions, Inc.
GOM = Gulf of Mexico
