-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RXOjX3Nee4YqtYhhApOhfQT39E1iTHquIM0alTOJiU2vtAfrMlQUP0qEFk/XoGxe TH+9IY3EBobkZFnAy2IxYQ== /in/edgar/work/0000909518-00-000773/0000909518-00-000773.txt : 20001129 0000909518-00-000773.hdr.sgml : 20001129 ACCESSION NUMBER: 0000909518-00-000773 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001127 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIAMOND OFFSHORE DRILLING INC CENTRAL INDEX KEY: 0000949039 STANDARD INDUSTRIAL CLASSIFICATION: [1381 ] IRS NUMBER: 760321760 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13926 FILM NUMBER: 777886 BUSINESS ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 BUSINESS PHONE: 7134925300 MAIL ADDRESS: STREET 1: 15415 KATY FREEWAY CITY: HOUSTON STATE: TX ZIP: 77094 8-K 1 0001.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report: NOVEMBER 28, 2000 ---------------------------------------------------------------- Date of earliest event reported: NOVEMBER 27, 2000 ------------------------------------------------ DIAMOND OFFSHORE DRILLING, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) DELAWARE 1-13926 76-0321760 - -------------------------------------------------------------------------------- (State or Other (Commission File Number) (IRS Employer Jurisdiction Identification No.) of Incorporation) 15415 KATY FREEWAY, HOUSTON, TEXAS 77094 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (281) 492-5300 ---------------------------- NOT APPLICABLE - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 41411.0003 INFORMATION TO BE INCLUDED IN THE REPORT ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of November 27, 2000 ITEM 9. REGULATION FD DISCLOSURE The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of November 27, 2000, of the offshore drilling rigs of the Registrant 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 the Private Securities Litigation Reform Act of 1995 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. 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 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. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, 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/ Gary T. Krenek ------------------------------ Gary T. Krenek Vice President and Chief Financial Officer Dated: November 28, 2000 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of November 27, 2000 4 EX-99 2 0002.txt 99.1 Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF NOVEMBER 27, 2000
RATED WATER RIG NAME DEPTH DESIGN LOCATION STATUS - -------------------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico ** TABLE CONTINUED **
RIG NAME OPERATOR CURRENT TERM START DATE ESTIMATED END DATE - -------------------------------------------------------------------------------------------------------------------- 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 - - - - - -------------------------------------------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico ** TABLE CONTINUED **
DAYRATE RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ------------------------------------------------------------------------------------------- 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 - - - ------------------------------------------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------- 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 - -------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico -----END PRIVACY-ENHANCED MESSAGE-----