-----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, IPQWKJpm85bCkrkNmUlciaykM+vkVCuPgZ3iYJAXZ11fPmPdOJW+5ZTjzjMDHPkq ETf4HB9b+uRiJq25LrXF3A== 0000909518-00-000788.txt : 20001212 0000909518-00-000788.hdr.sgml : 20001212 ACCESSION NUMBER: 0000909518-00-000788 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20001211 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIAMOND OFFSHORE DRILLING INC CENTRAL INDEX KEY: 0000949039 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [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: 787056 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: DECEMBER 11, 2000 ---------------------------------------------------------------- Date of earliest event reported: DECEMBER 11, 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 December 11, 2000 ITEM 9. REGULATION FD DISCLOSURE ------------------------ The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of December 11, 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: December 11, 2000 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of December 11, 2000 4 EX-99 2 0002.txt Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF DECEMBER 11, 2000
RIG NAME RATED DESIGN LOCATION STATUS OPERATOR WATER DEPTH - -------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted Walter - -------------------------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted Chevron - -------------------------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Contracted Cliffs/Chieftain - -------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg Cantilever GOM Contracted BP Vastar - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan 250' Independent Leg Cantilever GOM Contracted BP Vastar - -------------------------------------------------------------------------------------------------------------------------------- Ocean Spur 250' Independent Leg Cantilever GOM Contracted BP Vastar - -------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted Maxus - -------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage 250' Independent Leg Cantilever Indonesia Contracted Maxus - -------------------------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg Cantilever GOM Contracted BP - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Undergoing Repairs - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Contracted EOG Resources - -------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP Vastar - -------------------------------------------------------------------------------------------------------------------------------- Ocean Titan 350' Independent Leg Slot GOM Contracted BP Vastar - -------------------------------------------------------------------------------------------------------------------------------- Ocean Tower 350' Independent Leg Slot GOM Contracted Houston Exploration - -------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator 600' Aker H-3 Cote D'lvoire Contracted DOTS/Santa Fe - -------------------------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted Stone Energy - -------------------------------------------------------------------------------------------------------------------------------- RIG NAME RATED DESIGN LOCATION STATUS OPERATOR WATER DEPTH - -------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Contracted Veba - -------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,200' Korkut Singapore Stacked Ready - - -------------------------------------------------------------------------------------------------------------------------------- Ocean General 1,200' Korkut Australia Contracted Coastal - -------------------------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Stacked Ready - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Kerr McGee - -------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco 711 NorthsSea Contracted Venture Series - -------------------------------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman - -------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 Brazil Contracted Petrobras - -------------------------------------------------------------------------------------------------------------------------------- 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 Walter - -------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Kerr McGee - -------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Walter - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Petrobras - -------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Contracted Mariner - -------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras - -------------------------------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Contracted Shell - -------------------------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted DOTS/Shell - -------------------------------------------------------------------------------------------------------------------------------- RIG NAME RATED DESIGN LOCATION STATUS OPERATOR WATER DEPTH - -------------------------------------------------------------------------------------------------------------------------------- Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras - -------------------------------------------------------------------------------------------------------------------------------- Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee - -------------------------------------------------------------------------------------------------------------------------------- Ocean Victory 5,500' Victory Class GOM Contracted BP - -------------------------------------------------------------------------------------------------------------------------------- Ocean America 5,500' Ocean Odyssey GOM Contracted BP - -------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess - -------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance 5,500' DP Ocean Ranger II Modified Brazil Contracted Petrobras - -------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness 6,000' Victory Class Singapore Shipyard Upgrade - - -------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP - -------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras - --------------------------------------------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico ** TABLE CONTINUED **
RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - ---------------------------------------------------------------------------------------------------------- Ocean Crusader first of two wells late November 2000 late December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Drake four month extension plus late September 2000 late January 2001 option - ---------------------------------------------------------------------------------------------------------- Ocean Champion one well assignment from mid November 2000 late December 2000 Pogo - ---------------------------------------------------------------------------------------------------------- Ocean Columbia one year term plus option mid January 2000 mid January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Spartan six month term plus option late November 2000 late May 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Spur six month term plus option early October 2000 early April 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Sovereign two-year term mid September 2000 early August 2002 - ---------------------------------------------------------------------------------------------------------- Ocean Heritage Substitution for Ocean mid October 2000 late March 2001 Sovereign - ---------------------------------------------------------------------------------------------------------- Ocean King 90 day term plus option late October 2000 late February 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Nugget - late September 2000 mid February 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Summit one well extension mid November 2000 early January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Warwick six month term plus option early October 2000 early April 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Titan one-well plus option early December 2000 early February 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Tower one well early August 2000 mid December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Liberator two wells late October 2000 late January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Century - - - - ---------------------------------------------------------------------------------------------------------- Ocean Ambassador one well plus option late November 2000 mid December 2000 - ---------------------------------------------------------------------------------------------------------- RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - ---------------------------------------------------------------------------------------------------------- Ocean Nomad one well plus one sidetrack late October 2000 mid January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Epoch - - - - ---------------------------------------------------------------------------------------------------------- Ocean General one well plus two options early December 2000 early January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean New Era - - - - ---------------------------------------------------------------------------------------------------------- Ocean Bounty second of two wells late November 2000 late December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Guardian one well mid August 2000 mid December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Princess two wells plus two option early November 2000 early March 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Whittington three-year term mid March 1998 mid March 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - ---------------------------------------------------------------------------------------------------------- Ocean Endeavor - - - - ---------------------------------------------------------------------------------------------------------- Ocean Rover - - - - ---------------------------------------------------------------------------------------------------------- Ocean Concord one-well mid November 2000 early January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Lexington P&A program early December 2000 late January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Saratoga one well early November 2000 late December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Yorktown five-year term early June 1996 early June 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Voyager one well early November 2000 mid December 2000 - ---------------------------------------------------------------------------------------------------------- Ocean Yatzy five-year term early November 1998 early November 2003 - ---------------------------------------------------------------------------------------------------------- Ocean Worker four-year term plus option mid January 1998 mid January 2002 - ---------------------------------------------------------------------------------------------------------- Ocean Quest P&A program late November 2000 mid December 2000 - ---------------------------------------------------------------------------------------------------------- RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - ---------------------------------------------------------------------------------------------------------- Ocean Winner two-year term early May 1999 early May 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Star Kerr McGee early December 2000 early February 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Victory three-year term mid November 1997 early March 2001 - ---------------------------------------------------------------------------------------------------------- Ocean America one well late August 2000 mid February 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Valiant 810 day term late September 1999 mid January 2001 - ---------------------------------------------------------------------------------------------------------- Ocean Alliance three-year term early September 2000 early September 2003 - ---------------------------------------------------------------------------------------------------------- Ocean Baroness - - February 2002 - ---------------------------------------------------------------------------------------------------------- Ocean Confidence five-year term upon customer acceptanc five-year term - ---------------------------------------------------------------------------------------------------------- Ocean Clipper three-year term mid January 2000 mid January 2003 - ----------------------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico ** TABLE CONTINUED **
RIG NAME DAYRATE FUTURE CONTRACT (IN AND THOUSANDS) OTHER INFORMATION - -------------------------------------------------------------------------------------------- Ocean Crusader lower 20's contracted for two wells plus option with Walter in lower 20's ending mid January 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; followed by one well plus option in upper 30's with Dominion ending early April 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 mid December 2000 and ending late March 2001 - -------------------------------------------------------------------------------------------- Ocean Heritage lower 30's Substitution for Ocean Sovereign beginning early October 2000 ending late March 2001 - -------------------------------------------------------------------------------------------- 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 late January 2001 - -------------------------------------------------------------------------------------------- Ocean Warwick lower 50's available - -------------------------------------------------------------------------------------------- Ocean Titan mid 30's available - -------------------------------------------------------------------------------------------- Ocean Tower mid 30's available - -------------------------------------------------------------------------------------------- Ocean Liberator lower 40's available - -------------------------------------------------------------------------------------------- Ocean Century - - - -------------------------------------------------------------------------------------------- Ocean Ambassador mid 30's available - -------------------------------------------------------------------------------------------- RIG NAME DAYRATE FUTURE CONTRACT (IN AND THOUSANDS) OTHER INFORMATION - -------------------------------------------------------------------------------------------- Ocean Nomad upper 30's shipyard repairs beginning mid January 2001 and ending mid April 2001 - -------------------------------------------------------------------------------------------- Ocean Epoch - available - -------------------------------------------------------------------------------------------- Ocean General upper 40's contracted for one well with OMVl in lower 60's ending late January 2001 - -------------------------------------------------------------------------------------------- Ocean New Era - available - -------------------------------------------------------------------------------------------- Ocean Bounty upper 40's contracted for one well with Nippon in lower 60's ending mid January 2001 - -------------------------------------------------------------------------------------------- Ocean Guardian lower 40's contracted for one well extension with Venture in lower 40's ending mid January 2001; followed by shipyard ending mid February 2001 - -------------------------------------------------------------------------------------------- Ocean Princess upper 30's available - -------------------------------------------------------------------------------------------- Ocean Whittington 100's available - -------------------------------------------------------------------------------------------- Ocean Prospector - - - -------------------------------------------------------------------------------------------- Ocean Endeavor - available - -------------------------------------------------------------------------------------------- Ocean Rover - - - -------------------------------------------------------------------------------------------- Ocean Concord lower 30's one well plus option with Walter in mid 30's ending late January 2001 - -------------------------------------------------------------------------------------------- Ocean Lexington mid 30's Spar program with Kerr McGee in lower 40's ending early July 2001 - -------------------------------------------------------------------------------------------- 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 late January 2001 - -------------------------------------------------------------------------------------------- Ocean Yatzy 120's available - -------------------------------------------------------------------------------------------- Ocean Worker 120's available - -------------------------------------------------------------------------------------------- Ocean Quest lower 70's available - -------------------------------------------------------------------------------------------- RIG NAME DAYRATE FUTURE CONTRACT (IN AND THOUSANDS) 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 80's contracted for two well extension with Kerr McGee in mid 90's ending early April 2001; followed by six month extension plus option with Kerr McGee in 100's ending early October 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 one well extension plus option with BP in 110's ending mid June 2001 - -------------------------------------------------------------------------------------------- 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-----