-----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, STM4mT6qJjhdjA15CRt932nmArAtMHr/fSCGAgY+Cy1JpQo1p1Y8wnNnlfthIN9b 0qPnFdvh1BjJLbU6RdioLg== 0000909518-01-000235.txt : 20010228 0000909518-01-000235.hdr.sgml : 20010228 ACCESSION NUMBER: 0000909518-01-000235 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010227 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010227 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: 1555987 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 27, 2001 ---------------------------------------------------------------- Date of earliest event reported: FEBRUARY 26, 2001 ----------------------------------------------- DIAMOND OFFSHORE DRILLING, INC. - ------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) DELAWARE 1-13926 76-0321760 - ------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 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 26, 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 26, 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 27, 2001 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of February 26, 2001 4 EX-99 2 0002.txt EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 26, 2001
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 Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan 250' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Spur 250' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage 250' Independent Leg Cantilever Indonesia Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg Cantilever GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- 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 Stacked Ready - --------------------------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - --------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- 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 - --------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 Brazil Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut China Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Australia Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked - --------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Committed - --------------------------------------------------------------------------------------------------------------------------------- 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 Pacesetter GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted - --------------------------------------------------------------------------------------------------------------------------------- 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 Modified Brazil Contracted - --------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness 6,500' 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 continued... DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 26, 2001 RIG NAME OPERATOR CURRENT TERM START DATE - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader Walter one well mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake Chevron two month extension plus option mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion Dominion one well plus option late January 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia BP six month extension plus option mid January 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan BP six month term plus option late November 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spur BP six month term plus option early October 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign Maxus two-year term mid September 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage Maxus one-year term late January 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King BP 90 day term plus option late February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget - - late September 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit Seneca one well mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick BP six month term plus option early October 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Titan Dominion one-well mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Tower Spinnaker one well mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador Unocal two wells plus option mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty Woodside 90-day contract early March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian Venture one well mid August 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess Talisman two wells early November 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington Petrobras three-year term mid March 1998 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch CACT one well plus seven options early March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General Woodside 200-day term contract plus option mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord Walter first of two wells mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington Kerr McGee first of three wells late January 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga Walter one well plus option mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown Petrobras five-year term early June 1996 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager Mariner one well mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy Petrobras five-year term early November 1998 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker Shell four-year term plus option mid January 1998 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Quest Kerr McGee three wells mid December 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Winner Petrobras two-year term early May 1999 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Star Kerr McGee two wells early December 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory BP three-year term mid November 1997 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America BP one well late August 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant Amerada Hess 810 day term late September 1999 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance Petrobras three-year term early September 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence BP five-year term early January 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper Petrobras three-year term mid January 2000 - ----------------------------------------------------------------------------------------------------------------------------------- Table continued... DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF FEBRUARY 26, 2001 RIG NAME ESTIMATED END DATE DAYRATE (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader mid March 2001 mid 30's one well with Walter in lower 40's ending late March 2001; followed by one well with Walter in lower 40's ending mid April 2001; followed by one well with Walter in upper 30's ending early May 2001; followed by one well with Walter in lower 40's ending early June 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake mid April 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion late March 2001 upper 30's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia late July 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan late May 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spur early April 2001 upper 30's six-month extension plus option with BP in upper 40's ending early October 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign mid July 2001 lower 30's shipyard repairs beginning mid December 2000 and ending mid May 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage late January 2002 mid 30's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King late May 2001 lower 50's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget early March 2001 - one well/one workover plus option with Newfield in lower 50's ending late April 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit early May 2001 lower 40's spud can inspection ending late May 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick early April 2001 lower 50's three-month extension plus option with BP in lower 50's ending early July 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Titan mid March 2001 mid 30's one well extension plus option with Dominion in mid 40's ending mid April 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Tower early April 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator - - available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador early May 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad - - shipyard repairs beginning mid January 2001 and ending mid April 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - - available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty late May 2001 lower 80's available until early March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian mid March 2001 lower 40's shipyard ending late March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess mid March 2001 upper 30's one well with Talisman in upper 30's ending late April 2001; followed by mid period survey ending mid May 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 mid March 2001 100's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch late April 2001 upper 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General early September 2001 lower 80's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor - - available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord late March 2001 upper 30's one well plus option with Walter in lower 40's ending early April 2001; followed by four wells with Murphy in upper 40's ending late December 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington late June 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga late March 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown early June 2001 lower 60's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager early April 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy early November 2003 120's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker mid January 2002 120's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Quest early May 2001 lower 70's contracted for one well plus option with Kerr McGee in lower 80's ending early June 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Winner early May 2001 lower 80's contracted for 18 month extension with Petrobras in lower 80's ending late October 2002 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Star late February 2001 mid 80's contracted for two well extension with Kerr McGee in mid 90's ending early May 2001; followed by six month extension plus option with Kerr McGee in 100's ending early November 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory early March 2001 120's contracted for 180 day extension plus option with BP in 110's ending early September 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America late March 2001 lower 80's one well extension plus option with BP in 110's ending early June 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant early April 2001 110's contracted for Conger Prospect in 110's ending early April 2001; followed by 120's ending late December 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance early September 2003 110's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness February 2002 - available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence early January 2006 170's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper mid January 2003 lower 90's available - -----------------------------------------------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico -----END PRIVACY-ENHANCED MESSAGE-----