-----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, Fsyfgn5isW666NZLG3sbcdk7PmwG5lXchEF6JMFHztN0M9/+oV6DLhVPW7GF8BVZ dF52f9w27EqRhD1BUZofcw== 0000909518-01-000316.txt : 20010322 0000909518-01-000316.hdr.sgml : 20010322 ACCESSION NUMBER: 0000909518-01-000316 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010319 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010321 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: 1574045 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: MARCH 21, 2001 ---------------------------------------------------------------- Date of earliest event reported: MARCH 19, 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 March 19, 2001 ITEM 9. REGULATION FD DISCLOSURE The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of March 19, 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: March 21, 2001 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of March 19, 2001 4 EX-99 2 0002.txt Exhibit 99.1 ------------ DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF MARCH 19, 2001
WATER DEPTH RIG NAME RATED 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 Abidjan Shipyard - ----------------------------------------------------------------------------------------------------------------------------------- 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 Contracted - ----------------------------------------------------------------------------------------------------------------------------------- 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 Contracted - ----------------------------------------------------------------------------------------------------------------------------------- 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 5,000' 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... 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 lateJanuary 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King BP 90 day term plus option late February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget Newfield one well/one workover plus option mid March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 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 180-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 early March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General Woodside 200-day term contract plus option mid February 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor ExxonMobil two workovers mid March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 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 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 mid March 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 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... RIG NAME ESTIMATED END DATE DAYRATE (IN THOUSANDS) FUTURE CONTRACT AND OTHER INFORMATION - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader late March 2001 mid 30's one well with Walter in lower 40's ending mid April 2001; followed by one well with Walter in lower 40's ending mid May 2001; followed by 2 weeks downtime for ABS leg inspection/repairs ending late May 2001; followed by one well with Walter in upper 30's ending mid June 2001; followed by one well plus option with Walter in lower 40's ending early July 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake early April 2001 lower 40's six-month extension plus option with Chevron in lower 40's ending late September 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion late March 2001 upper 30's two wells with Walter in upper 30's ending early May 2001; followed by two wells plus option with Westport in lower 40's ending early July 2001. - ----------------------------------------------------------------------------------------------------------------------------------- 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 2002 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 May 2001 lower 50's available - ----------------------------------------------------------------------------------------------------------------------------------- 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 late March 2001 mid 30's one well extension plus option with Dominion in mid 40's ending late May 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; followed by one well plus two options with Veba in mid 60's ending late August 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - - available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty late August 2001 lower 80's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian early April 2001 lower 40's shipyard ending mid April 2001; followed by nine months plus option with Shell in lower 70's ending early January 2002 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess late 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 early July 2001; followed by three month term plus options with Talisman in high 60's ending early October 2001. - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington mid May 2001 100's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch mid April 2001 upper 40's one well plus six options with CACT in mid 50's ending late May 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General early September 2001 lower 80's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor early May 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord mid April 2001 upper 30's one well plus option with Walter in lower 40's ending late April 2001; followed by four wells with Murphy in upper 40's ending mid January 2002 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington late June 2001 lower 40's available - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga late March 2001 lower 40's one well with Walter in mid 40's ending late April 2001; followed by one well plus option with Walter in upper 40's ending early June 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 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 late March 2001 lower 70's contracted for one well plus option with Kerr McGee in lower 80's ending mid May 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 May 2001 mid 90's six month extension plus option with Kerr McGee in 100's mid November 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory late March 2001 120's contracted for 180 day extension plus option with BP in 110's ending late September 2001 - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America late March 2001 lower 80's one well extension plus option with BP in 110's ending mid 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-----