-----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, UGLV/x1f8TvDaoMfVEZZhlBjzj7hx8Zgoq2hf/5jmLL92HnUeXn5JC7q78/myjRq ZPvDPeuBrANz3Ebdv5FuEQ== 0000909518-02-000004.txt : 20020413 0000909518-02-000004.hdr.sgml : 20020413 ACCESSION NUMBER: 0000909518-02-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020103 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020103 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: 1934 Act SEC FILE NUMBER: 001-13926 FILM NUMBER: 2501082 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 a1-3_8k.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: January 3, 2002 ---------------------------------------------------------------- Date of earliest event reported: December 31, 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) INFORMATION TO BE INCLUDED IN THE REPORT Item 7. Financial Statements, Pro Forma Financial Information and Exhibits ------------------------------------------------------------------ (c) Exhibits. Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of December 31, 2001 Item 9. Regulation FD Disclosure ------------------------ The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of December 31, 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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, 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/ William C. Long ----------------------------------- William C. Long Vice President, General Counsel & Secretary Dated: January 3, 2002 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of December 31, 2001 4 EX-99.1 3 a1-3ex99_1.txt Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 1 of 3 DECEMBER 31, 2001
Water Rated Rig Name Depth Design Location Status Operator - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted ChevronTexaco - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan 250' Independent Leg Cantilever GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spur 250' Independent Leg Cantilever GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted Maxus - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage 250' Independent Leg Cantilever Indonesia Contracted Maxus - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg Cantilever GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Contracted ADTI/Seneca - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Contracted DOTS/Seneca - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg Cantilever GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Titan 350' Independent Leg Slot GOM Contracted Dominion - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Tower 350' Independent Leg Slot GOM Contracted Spinnaker - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator 600' Aker H-3 Gabon Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Contracted Veba - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Woodside - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco 711 Series North Sea Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 Brazil Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut Vietnam Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Australia Contracted OMV - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Contracted Walter - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord 2,200' F&G SS-2000 GOM Contracted Amerada Hess - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted Amerada Hess - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Enterprise - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Contracted Westport - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Contracted Shell - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory 5,500' Victory Class GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America 5,500' Ocean Odyssey GOM Contracted Anadarko - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness 6,500' Victory Class Singapore Shipyard Upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover 6,500' Victory Class Enroute to 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 - ----------------------------------------------------------------------------------------------------------------------------------- Table continued... Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 2 of 3 DECEMBER 31, 2001 Dayrate Rig Name Current Term Start Date Estimated End Date (in thousands) - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Crusader one well plus options early December 2001 mid January 2002 lower 20's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Drake 60-day extension plus option mid December 2001 late January 2002 lower 20's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Champion - early August 2001 early January 2002 - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Columbia one workover plus option late December 2001 early February 2002 lower 20's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Spartan 120-day extension plus option early December 2001 late March 2002 upper 40's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Spur 120-day extension plus option early October 2001 early February 2002 lower 40's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Sovereign two-year term mid September 2000 mid October 2002 lower 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Heritage one-year term late January 2001 late January 2002 mid 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean King one well late December 2001 mid March 2002 mid 20's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Nugget one well early December 2001 early January 2002 upper teens - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Summit one well mid December 2001 mid January 2002 upper teens - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Warwick 90 day extension plus option early October 2001 early January 2002 upper 40's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Titan one-well plus option late September 2001 early January 2002 lower 50's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Tower drill and complete one-well plus option late October 2001 early January 2002 lower 20's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Liberator one well mid December 2001 mid January 2002 upper 50's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Century - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Ambassador one well plus options for 2 completions early January 2002 mid February 2002 mid 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Nomad two wells late November 2001 early March 2002 lower 70's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean New Era - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Bounty one well early January 2002 late January 2002 mid 90's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Guardian nine months plus option mid May 2001 mid February 2002 lower 70's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Princess three-month term early December 2001 late March 2002 upper 70's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Whittington two wells plus 2 options early January 2002 early June 2002 upper 50's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Epoch five wells plus options early December 2001 early June 2002 lower 60's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean General four wells plus one abandonment early October 2001 mid January 2002 mid 90's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Prospector - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Endeavor one well mid December 2001 late January 2002 lower 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Concord one well early December 2001 early January 2002 mid 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Lexington nine month term plus option early June 2001 early March 2002 upper 40's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Saratoga subsea completion late December 2001 early February 2002 lower 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Yorktown 15-well development mid September 2001 late August 2003 lower 60's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Voyager one well plus option early November 2001 early January 2002 lower 30's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Yatzy five-year term plus option early November 1998 early November 2003 120's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Worker four-year term plus option mid January 1998 mid January 2002 120's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Quest one well early November 2001 early January 2002 lower 80's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Winner 18-month extension early July 2001 early November 2002 lower 80's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Alliance two-year contract early September 2000 early September 2002 110's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Star two wells plus option late October 2001 early January 2002 120's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Victory three months plus option late October 2001 mid January 2002 120's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean America one well assignment from BP early April 2001 early January 2002 110's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Valiant 810 day term late April 2001 early January 2002 120's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Baroness - - early March 2002 - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Rover - - Second Quarter 2003 - - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Confidence five-year term early January 2001 early January 2006 170's - ------------------------------------------------------------------------------------------------------------------------------------ Ocean Clipper three-year term mid January 2000 early January 2003 lower 90's - ------------------------------------------------------------------------------------------------------------------------------------ Table continued... Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 3 of 3 DECEMBER 31, 2001 Rig Name Future Contract and Other Information - ------------------------------------------------------------------------------------------------------------------- Ocean Crusader available - ------------------------------------------------------------------------------------------------------------------- Ocean Drake available - ------------------------------------------------------------------------------------------------------------------- Ocean Champion shipyard for inspection and repair then available - ------------------------------------------------------------------------------------------------------------------- Ocean Columbia available - ------------------------------------------------------------------------------------------------------------------- Ocean Spartan available - ------------------------------------------------------------------------------------------------------------------- Ocean Spur available - ------------------------------------------------------------------------------------------------------------------- Ocean Sovereign available - ------------------------------------------------------------------------------------------------------------------- Ocean Heritage one well and one workover plus option with Nexen in Australia in lower 80's ending in late March 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean King shipyard for scheduled survey then available. - ------------------------------------------------------------------------------------------------------------------- Ocean Nugget one workover with Seneca Resource in upper teens ending mid January 2002 - ------------------------------------------------------------------------------------------------------------------- Ocean Summit available - ------------------------------------------------------------------------------------------------------------------- Ocean Warwick available - ------------------------------------------------------------------------------------------------------------------- Ocean Titan available - ------------------------------------------------------------------------------------------------------------------- Ocean Tower available - ------------------------------------------------------------------------------------------------------------------- Ocean Liberator available - ------------------------------------------------------------------------------------------------------------------- Ocean Century - - ------------------------------------------------------------------------------------------------------------------- Ocean Ambassador available - ------------------------------------------------------------------------------------------------------------------- Ocean Nomad available - ------------------------------------------------------------------------------------------------------------------- Ocean New Era available - ------------------------------------------------------------------------------------------------------------------- Ocean Bounty available - ------------------------------------------------------------------------------------------------------------------- Ocean Guardian five-well extension with Shell in lower 90's ending mid October 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean Princess available - ------------------------------------------------------------------------------------------------------------------- Ocean Whittington available - ------------------------------------------------------------------------------------------------------------------- Ocean Epoch Rate change after 3/1/02 to lower 70's ending early June 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean General two wells plus two options with Anadarko in upper 90's ending mid February 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean Prospector - - ------------------------------------------------------------------------------------------------------------------- Ocean Endeavor available - ------------------------------------------------------------------------------------------------------------------- Ocean Concord available - ------------------------------------------------------------------------------------------------------------------- Ocean Lexington available - ------------------------------------------------------------------------------------------------------------------- Ocean Saratoga available - ------------------------------------------------------------------------------------------------------------------- Ocean Yorktown available - ------------------------------------------------------------------------------------------------------------------- Ocean Voyager available - ------------------------------------------------------------------------------------------------------------------- Ocean Yatzy available - ------------------------------------------------------------------------------------------------------------------- Ocean Worker available - ------------------------------------------------------------------------------------------------------------------- Ocean Quest eight month contract plus options with Kerr McGee in lower 80's ending late July 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean Winner available - ------------------------------------------------------------------------------------------------------------------- Ocean Alliance downtime for repairs from early September 2001 through early November 2001. Loss of hire insurance includes 30-day deductible. - ------------------------------------------------------------------------------------------------------------------- Ocean Star one well completion plus 2 well option with Kerr McGee in 110's ending late January 2002 followed by a 30-day scheduled survey ending late February 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean Victory two month extension with BP in 110's ending mid March 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean America available - ------------------------------------------------------------------------------------------------------------------- Ocean Valiant available - ------------------------------------------------------------------------------------------------------------------- Ocean Baroness LOI for two wells plus options with Murphy in 170's ending mid August 2002. - ------------------------------------------------------------------------------------------------------------------- Ocean Rover available - ------------------------------------------------------------------------------------------------------------------- Ocean Confidence available - ------------------------------------------------------------------------------------------------------------------- Ocean Clipper available - -------------------------------------------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico -----END PRIVACY-ENHANCED MESSAGE-----