-----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, WyA7q4+vbHsjuoUsIYUAg6hUwEInFwcC8mD1MAgwi27LvKOWc1kwlxh+eq9swlKQ vgkmiQAtKA49z/eY6exOqQ== 0000909518-02-000536.txt : 20020719 0000909518-02-000536.hdr.sgml : 20020719 20020718092535 ACCESSION NUMBER: 0000909518-02-000536 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020718 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020718 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: 02705179 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 a7-17diamond8k.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: July 18, 2002 ---------------------------------------------------------------- Date of earliest event reported: July 15, 2002 ----------------------------------------------- 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 July 15, 2002 Item 9. Regulation FD Disclosure The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of July 15, 2002, 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: July 18, 2002 3 EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of July 15, 2002 4 EX-99.1 3 a7-17ex99_1.txt
Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 1 of 3 JULY 15, 2002 Rated Water Rig Name Depth Design Location Status Operator - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted Walter Oil & Gas - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted ChevronTexaco - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg Cantilever GOM Contracted Spinnaker - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Cantilever Indonesia Contracted CNOOC - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage 300' Independent Leg Cantilever Singapore Shipyard for water-depth upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spur 300' Independent Leg Cantilever GOM Shipyard for water-depth upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg Cantilever GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Contracted Seneca Resources - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Contracted EOG Resources - ----------------------------------------------------------------------------------------------------------------------------------- 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 Senegal Shipyard - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Contracted BHP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted OMV - ----------------------------------------------------------------------------------------------------------------------------------- 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 Ghana Contracted Dana - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut Vietnam Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Vietnam Contracted PetroVietnam - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Kerr McGee - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted DOTS/LLOG - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 Brazil Contracted Enterprise - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Cold Stacked - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced Pacesetter GOM Standby - - ----------------------------------------------------------------------------------------------------------------------------------- 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 Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory 5,500' Victory Class GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America 5,500' Ocean Odyssey GOM Contracted BHP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness 7,000' Victory Class Malaysia Contracted Murphy - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover 7,000' Victory Class Singapore Shipyard Upgrade - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras - ----------------------------------------------------------------------------------------------------------------------------------- Table continued... Exhibit 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 2 of 3 JULY 15, 2002 Rig Name Current Term Start Date Estimated End Date Dayrate (in thousands) - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Crusader one well early May 2002 mid July 2002 high teens - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Drake one well early July 2002 late August 2002 lower 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Champion - early August 2001 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Columbia one well early July 2002 mid August 2002 upper teens - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Sovereign two-year term mid September 2000 late September 2002 lower 30's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Heritage - late June 2002 late December 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spartan - early April 2002 early October 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Spur - mid April 2002 mid November 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean King one well early May 2002 mid July 2002 lower 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nugget one well mid February 2002 mid July 2002 upper teens - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Summit one well plus option mid June 2002 late August 2002 upper teens - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Warwick one year early January 2002 late December 2002 mid 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Titan one-well plus option mid February 2002 mid July 2002 lower 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Tower one-well extension mid April 2002 mid July 2002 lower 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Liberator - late March 2002 late August 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Century - 1998 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Ambassador - late January 2002 early August 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Nomad one well plus workover mid June 2002 early September 2003 mid 80's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean New Era - late October 2001 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Bounty one well late May 2002 late July 2002 lower 90's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Guardian five wells early February 2002 mid October 2002 lower 90's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Princess two wells mid March 2002 late August 2002 lower 70's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Whittington mobe plus one well early July 2002 early September 2002 lower 50's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Epoch five wells early December 2001 late July 2002 lower 70's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean General two well program plus options mid May 2002 early December 2002 mid 60's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Prospector - 1998 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Endeavor - early March 2002 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Concord three wells mid June 2002 late July 2002 upper 20's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Lexington one well plus option late July 2002 mid August 2002 mid 30's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Saratoga second of two wells plus option early July 2002 late July 2002 mid 30's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yorktown 15-well development mid September 2001 mid May 2003 lower 60's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Voyager - early March 2002 - - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Yatzy five-year term plus option early November 1998 early November 2003 120's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Worker Gap between wells early July 2002 early August 2002 - - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Quest one well mid July 2002 late July 2002 mid 70's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Winner 18-month extension early July 2001 early November 2002 lower 80's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Alliance four-year contract early September 2000 early September 2004 110's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Star one well early May 2002 mid July 2002 lower 70's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Victory Holstein Development Project late May 2002 mid August 2002 lower 90's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean America one well early June 2002 late July 2002 lower 60's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Valiant three wells plus options early January 2002 late August 2002 lower 80's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Baroness 120 days plus option mid March 2002 late July 2002 170's - ----------------------------------------------------------------------------------------------------------------------------------- Ocean Rover - early January 2002 third 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... DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF Page 3 of 3 JULY 15, 2002 Rig Name Future Contract and Other Information - ------------------------------------------------------------------------------- Ocean Crusader one workover with Walter in the high teens ending late July 2002, followed by two wells with Walter in the lower 20's ending early September 2002. - ------------------------------------------------------------------------------- Ocean Drake available. - ------------------------------------------------------------------------------- Ocean Champion - - ------------------------------------------------------------------------------- Ocean Columbia available. - ------------------------------------------------------------------------------- Ocean Sovereign Singapore shipyard for leg upgrade ending early February 2003. - ------------------------------------------------------------------------------- Ocean Heritage available. - ------------------------------------------------------------------------------- Ocean Spartan available. - ------------------------------------------------------------------------------- Ocean Spur available. - ------------------------------------------------------------------------------- Ocean King 90 day term work plus option with BP in lower 20's ending early August 2002; followed by 90 day extension plus option with BP in upper 20's ending early November 2002. - ------------------------------------------------------------------------------- Ocean Nugget three wells with Pogo Producing in upper teens ending late September 2002. - ------------------------------------------------------------------------------- Ocean Summit one well plus option with EOG in upper 20's ending mid October 2002. - ------------------------------------------------------------------------------- Ocean Warwick available. - ------------------------------------------------------------------------------- Ocean Titan one well with Walter in lower 20's ending mid August 2002, followed by one well plus option with Walter in lower 20's ending mid November 2002. - ------------------------------------------------------------------------------- Ocean Tower Shipyard for cantilever upgrade ending mid January 2003. - ------------------------------------------------------------------------------- Ocean Liberator Shipyard in Dakar/available. - ------------------------------------------------------------------------------- Ocean Century - - ------------------------------------------------------------------------------- Ocean Ambassador available. - ------------------------------------------------------------------------------- Ocean Nomad available. - ------------------------------------------------------------------------------- Ocean New Era available. - ------------------------------------------------------------------------------- Ocean Bounty one well with ExxonMobil in lower 90's ending mid August 2002, followed by one well plus demobe with Santos in lower 90's ending early October 2002. - ------------------------------------------------------------------------------- Ocean Guardian available - ------------------------------------------------------------------------------- Ocean Princess available. - ------------------------------------------------------------------------------- Ocean Whittington available - ------------------------------------------------------------------------------- Ocean Epoch first option well declared in lower 70's ending early October 2002. - ------------------------------------------------------------------------------- Ocean General available. - ------------------------------------------------------------------------------- Ocean Prospector - - ------------------------------------------------------------------------------- Ocean Endeavor - - ------------------------------------------------------------------------------- Ocean Concord one well with Walter in lower 30's ending mid August 2002, followed by one well plus option with Walter in mid 30's ending early September 2002. - ------------------------------------------------------------------------------- Ocean Lexington available - ------------------------------------------------------------------------------- Ocean Saratoga available - ------------------------------------------------------------------------------- Ocean Yorktown available - ------------------------------------------------------------------------------- Ocean Voyager - - ------------------------------------------------------------------------------- Ocean Yatzy available - ------------------------------------------------------------------------------- Ocean Worker one well with Devon in lower 40's ending late September 2002. - ------------------------------------------------------------------------------- Ocean Quest one well and one tieback plus option with Kerr McGee in mid 70's ending early October 2002; followed by special survey in shipyard ending late October 2002. - ------------------------------------------------------------------------------- Ocean Winner one year extension in lower 60's with Petrobras ending early November 2003. - ------------------------------------------------------------------------------- Ocean Alliance available. - ------------------------------------------------------------------------------- Ocean Star available. - ------------------------------------------------------------------------------- Ocean Victory special survey in shipyard ending mid September 2002. - ------------------------------------------------------------------------------- Ocean America available - ------------------------------------------------------------------------------- Ocean Valiant seven month term plus option with Murphy in lower 80's ending late March 2003. - ------------------------------------------------------------------------------- Ocean Baroness available - ------------------------------------------------------------------------------- Ocean Rover available - ------------------------------------------------------------------------------- Ocean Confidence available - ------------------------------------------------------------------------------- Ocean Clipper one year extension in 100's with Petrobras ending early January 2004. - -------------------------------------------------------------------------------
NOTES: DOTS = Diamond Offshore Team Solutions, Inc. GOM = Gulf of Mexico -----END PRIVACY-ENHANCED MESSAGE-----