-----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, NCyKP++eBMRDKQup539ITicizXSP030r4usJUdcBXOMah9CJrvaG53sVFBIF8gez mWKFQk3jofIUo937dbqWdA== 0000909518-01-000158.txt : 20010213 0000909518-01-000158.hdr.sgml : 20010213 ACCESSION NUMBER: 0000909518-01-000158 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010212 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010212 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: 1534368 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: FEBRUARY 12, 2001 ---------------------------------------------------------------- Date of earliest event reported: FEBRUARY 12, 2001 ------------------------------------------------ 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 February 12, 2001 ITEM 9. REGULATION FD DISCLOSURE The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of February 12, 2001, 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: February 12, 2001 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of February 12, 2001 4 EX-99 2 0002.txt Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 12, 2001
RATED WATER RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR - ----------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted Walter - ----------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted Chevron - ----------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Contracted Dominion - ----------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg GOM Contracted BP Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Spartan 250' Independent Leg GOM Contracted BP Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Spur 250' Independent Leg GOM Contracted BP Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Indonesia Contracted Maxus Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Heritage 250' Independent Leg Indonesia Contracted Maxus Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg GOM Contracted BP Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg GOM Undergoing Repairs - Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg GOM Contracted Seneca Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg GOM Contracted BP Cantilever - ----------------------------------------------------------------------------------------------------------------- Ocean Titan 350' Independent Leg Slot GOM Contracted Dominion - ----------------------------------------------------------------------------------------------------------------- Ocean Tower 350' Independent Leg Slot GOM Contracted Spinnaker - ----------------------------------------------------------------------------------------------------------------- Ocean Liberator 600' Aker H-3 Cote D'lvoire Stacked Ready - - ----------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted Unocal - ----------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Shipyard Repairs - - ----------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Committed - - ----------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Woodside - ----------------------------------------------------------------------------------------------------------------- RATED WATER RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR - ----------------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Venture 711 Series - ----------------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman - ----------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut Singapore Stacked Ready - - ----------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Australia Contracted OMV - ----------------------------------------------------------------------------------------------------------------- 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 GOM Contracted Shell Pacesetter - ----------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------- Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------- RATED WATER RIG NAME DEPTH DESIGN LOCATION STATUS OPERATOR - ----------------------------------------------------------------------------------------------------------------- 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 Brazil Contracted Petrobras Modified - ----------------------------------------------------------------------------------------------------------------- Ocean Baroness 6,500' 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 one well mid February 2001 mid March 2001 - -------------------------------------------------------------------------------------------------- Ocean Drake two month extension mid February 2001 mid April 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Champion one well plus option late January 2001 late March 2001 - -------------------------------------------------------------------------------------------------- Ocean Columbia six month extension mid January 2000 late July 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Spartan six month term late November 2000 late May 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Spur six month term early October 2000 early April 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Sovereign two-year term mid September 2000 mid July 2001 - -------------------------------------------------------------------------------------------------- Ocean Heritage one-year term late January 2001 late January 2002 - -------------------------------------------------------------------------------------------------- Ocean King 90 day term plus option late October 2000 late February 2001 - -------------------------------------------------------------------------------------------------- Ocean Nugget - late September 2000 early March 2001 - -------------------------------------------------------------------------------------------------- Ocean Summit one well mid February 2001 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Warwick six month term early October 2000 early April 2001 plus option - -------------------------------------------------------------------------------------------------- Ocean Titan one-well mid February 2001 mid March 2001 - -------------------------------------------------------------------------------------------------- Ocean Tower one well mid December 2000 mid February 2001 - -------------------------------------------------------------------------------------------------- Ocean Liberator - - - - -------------------------------------------------------------------------------------------------- Ocean Century - - - - -------------------------------------------------------------------------------------------------- Ocean Ambassador two wells plus option mid February 2001 mid June 2001 - -------------------------------------------------------------------------------------------------- Ocean Nomad - - - - -------------------------------------------------------------------------------------------------- Ocean New Era - - - - -------------------------------------------------------------------------------------------------- Ocean Bounty 90-day contract early March 2001 late May 2001 - -------------------------------------------------------------------------------------------------- RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - -------------------------------------------------------------------------------------------------- Ocean Guardian one well mid August 2000 early March 2001 - -------------------------------------------------------------------------------------------------- Ocean Princess two wells early November 2000 mid March 2001 - -------------------------------------------------------------------------------------------------- Ocean Whittington three-year term mid March 1998 mid March 2001 - -------------------------------------------------------------------------------------------------- Ocean Epoch - - - - -------------------------------------------------------------------------------------------------- Ocean General one well late January 2001 mid February 2001 - -------------------------------------------------------------------------------------------------- Ocean Prospector - - - - -------------------------------------------------------------------------------------------------- Ocean Endeavor - - - - -------------------------------------------------------------------------------------------------- Ocean Rover - - - - -------------------------------------------------------------------------------------------------- Ocean Concord first of two wells mid February 2001 early April 2001 - -------------------------------------------------------------------------------------------------- Ocean Lexington first of three wells late January 2001 late June 2001 - -------------------------------------------------------------------------------------------------- Ocean Saratoga one well plus option mid February 2001 late March 2001 - -------------------------------------------------------------------------------------------------- Ocean Yorktown five-year term early June 1996 early June 2001 - -------------------------------------------------------------------------------------------------- Ocean Voyager one well early November 2000 mid February 2001 - -------------------------------------------------------------------------------------------------- Ocean Yatzy five-year term early November 1998 early November 2003 - -------------------------------------------------------------------------------------------------- Ocean Worker four-year term mid January 1998 mid January 2002 plus option - -------------------------------------------------------------------------------------------------- Ocean Quest three wells mid December 2000 early May 2001 - -------------------------------------------------------------------------------------------------- Ocean Winner two-year term early May 1999 early May 2001 - -------------------------------------------------------------------------------------------------- RIG NAME CURRENT TERM START DATE ESTIMATED END DATE - -------------------------------------------------------------------------------------------------- Ocean Star two wells early December 2000 late February 2001 - -------------------------------------------------------------------------------------------------- Ocean Victory three-year term mid November 1997 early March 2001 - -------------------------------------------------------------------------------------------------- Ocean America one well late August 2000 mid March 2001 - -------------------------------------------------------------------------------------------------- Ocean Valiant 810 day term late September 1999 early April 2001 - -------------------------------------------------------------------------------------------------- Ocean Alliance three-year term early September 2000 early September 2003 - -------------------------------------------------------------------------------------------------- Ocean Baroness - - February 2002 - -------------------------------------------------------------------------------------------------- Ocean Confidence five-year term early January 2001 early January 2006 - -------------------------------------------------------------------------------------------------- Ocean Clipper 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 mid 30's one well plus option with Walter in mid 30's ending mid April 2001 - ----------------------------------------------------------------------------------------------- Ocean Drake lower 40's available - ----------------------------------------------------------------------------------------------- Ocean Champion upper 30's available - ----------------------------------------------------------------------------------------------- Ocean Columbia lower 40's 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 mid April 2001 - ----------------------------------------------------------------------------------------------- Ocean Heritage mid 30's available - ----------------------------------------------------------------------------------------------- Ocean King lower 50's 90-day extension plus option with BP in lower 50's ending late May 2001 - ----------------------------------------------------------------------------------------------- Ocean Nugget - available - ----------------------------------------------------------------------------------------------- Ocean Summit lower 40's spud can inspection ending late May 2001 - ----------------------------------------------------------------------------------------------- Ocean Warwick lower 50's available - ----------------------------------------------------------------------------------------------- Ocean Titan mid 30's one well extension plus option with Dominion in mid 40's ending mid April 2001 - ----------------------------------------------------------------------------------------------- Ocean Tower mid 30's one well plus option in upper 40's with Spinnaker ending late March 2001 - ----------------------------------------------------------------------------------------------- Ocean Liberator - available - ----------------------------------------------------------------------------------------------- Ocean Century - - - ----------------------------------------------------------------------------------------------- Ocean Ambassador lower 40's available - ----------------------------------------------------------------------------------------------- Ocean Nomad - shipyard repairs beginning mid January 2001 and ending mid April 2001 - ----------------------------------------------------------------------------------------------- Ocean New Era - available - ----------------------------------------------------------------------------------------------- Ocean Bounty lower 80's available until early March 2001 - ----------------------------------------------------------------------------------------------- DAYRATE RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ----------------------------------------------------------------------------------------------- Ocean Guardian lower 40's shipyard ending late March 2001 - ----------------------------------------------------------------------------------------------- Ocean Princess upper 30's one well with Talisman in upper 30's ending late May 2001; followed by mid period survey ending mid June 2001; followed by one well with Talisman in lower 40's ending mid July 2001; followed by three month term plus options with Talisman in high 60's ending early October 2001. - ----------------------------------------------------------------------------------------------- Ocean Whittington 100's available - ----------------------------------------------------------------------------------------------- Ocean Epoch - available - ----------------------------------------------------------------------------------------------- Ocean General lower 60's 200-day term contract with Woodside in lower 80's ending early September 2001 - ----------------------------------------------------------------------------------------------- Ocean Prospector - - - ----------------------------------------------------------------------------------------------- Ocean Endeavor - available - ----------------------------------------------------------------------------------------------- Ocean Rover - - - ----------------------------------------------------------------------------------------------- Ocean Concord upper 30's one well plus option with Walter in lower 40's ending mid May 2001 - ----------------------------------------------------------------------------------------------- Ocean Lexington lower 40's available - ----------------------------------------------------------------------------------------------- Ocean Saratoga lower 40's available - ----------------------------------------------------------------------------------------------- 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 March 2001 - ----------------------------------------------------------------------------------------------- Ocean Yatzy 120's available - ----------------------------------------------------------------------------------------------- Ocean Worker 120's available - ----------------------------------------------------------------------------------------------- Ocean Quest lower 70's contracted for one well plus option with Kerr McGee in lower 80's ending mid June 2001 - ----------------------------------------------------------------------------------------------- Ocean Winner lower 80's contracted for 18 month extension with Petrobras in lower 80's ending late October 2002 - ----------------------------------------------------------------------------------------------- DAYRATE RIG NAME (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ----------------------------------------------------------------------------------------------- Ocean Star mid 80's contracted for two well extension with Kerr McGee in mid 90's ending late April 2001; followed by six month extension plus option with Kerr McGee in 100's ending late 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 early April 2001; followed by 120's ending late December 2001 - ----------------------------------------------------------------------------------------------- Ocean Alliance 110's available - ----------------------------------------------------------------------------------------------- Ocean Baroness - available - ----------------------------------------------------------------------------------------------- Ocean Confidence 170's available - ----------------------------------------------------------------------------------------------- Ocean Clipper lower 90's available - -----------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico -----END PRIVACY-ENHANCED MESSAGE-----