SEC Filing | Diamond Offshore Drilling Inc.

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UNITED STATES 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 (Date of earliest event reported): DECEMBER 22, 2003 ---------------------------- 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 and 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 22, 2003 ITEM 9. REGULATION FD DISCLOSURE The Registrant hereby incorporates by reference into this Item 9 the summary report of the status, as of December 22, 2003, 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 and other documents 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: December 22, 2003 3

EXHIBIT INDEX Exhibit number Description -------------- ----------- 99.1 Rig Status Report as of December 22, 2003 4

EXHIBIT 99.1 DIAMOND OFFSHORE DRILLING, INC. RIG STATUS REPORT AS OF DECEMBER 22, 2003 RIG NAME WD DESIGN LOCATION STATUS* OPERATOR - ---------------------------------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - ---------------------------------------------------------------------------------------------------------- Ocean Quest 3,500' Victory Class GOM Contracted Amerada Hess - ---------------------------------------------------------------------------------------------------------- Ocean Star 5,500' Victory Class GOM Contracted Kerr McGee - ---------------------------------------------------------------------------------------------------------- Ocean America 5,500' Ocean Odyssey GOM Contracted W&T Offshore - ---------------------------------------------------------------------------------------------------------- Ocean Valiant 5,500' Ocean Odyssey GOM Contracted Amerada Hess - ---------------------------------------------------------------------------------------------------------- Ocean Victory 5,500' Victory Class GOM Contracted Spinnaker Exploration - ---------------------------------------------------------------------------------------------------------- Ocean Confidence 7,500' DP Aker H-3.2 Modified GOM Contracted BP - ---------------------------------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SEMISUBMERSIBLES (3) - ---------------------------------------------------------------------------------------------------------- Ocean Concord 2,200' F&G SS-2000 GOM Contracted Kerr McGee - ---------------------------------------------------------------------------------------------------------- Ocean Lexington 2,200' F&G SS-2000 GOM Contracted Walter Oil & Gas - ---------------------------------------------------------------------------------------------------------- Ocean Saratoga 2,200' F&G SS-2000 GOM Contracted LLOG - ---------------------------------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - ---------------------------------------------------------------------------------------------------------- Ocean Crusader 200' Mat Cantilever GOM Contracted LLOG - ---------------------------------------------------------------------------------------------------------- Ocean Drake 200' Mat Cantilever GOM Contracted Chevron/Texaco - ---------------------------------------------------------------------------------------------------------- Ocean Columbia 250' Independent Leg Cantilever GOM Contracted ADTI/Seneca - ---------------------------------------------------------------------------------------------------------- Ocean Spartan 300' Independent Leg Cantilever GOM Contracted LLOG - ---------------------------------------------------------------------------------------------------------- Ocean Spur 300' Independent Leg Cantilever GOM Contracted Forest - ---------------------------------------------------------------------------------------------------------- Ocean King 300' Independent Leg Cantilever GOM Contracted BP America - ---------------------------------------------------------------------------------------------------------- Ocean Nugget 300' Independent Leg Cantilever GOM Contracted Taylor Energy - ---------------------------------------------------------------------------------------------------------- Ocean Summit 300' Independent Leg Cantilever GOM Contracted Chevron/Texaco - ---------------------------------------------------------------------------------------------------------- Ocean Warwick 300' Independent Leg Cantilever GOM Contracted Murphy - ---------------------------------------------------------------------------------------------------------- Ocean Titan 350' Independent Leg Slot GOM Shipyard for DODI cantilever upgrade - ---------------------------------------------------------------------------------------------------------- Ocean Tower 350' Independent Leg Cantilever GOM Contracted Denbury - ---------------------------------------------------------------------------------------------------------- 1

RIG NAME WD DESIGN LOCATION STATUS* OPERATOR - ---------------------------------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - ---------------------------------------------------------------------------------------------------------- MEXICO - ---------------------------------------------------------------------------------------------------------- Ocean Ambassador 1,100' Bethlehem SS-2000 GOM Contracted PEMEX - ---------------------------------------------------------------------------------------------------------- Ocean Whittington 1,500' Aker H-3 GOM Contracted PEMEX - ---------------------------------------------------------------------------------------------------------- Ocean Worker 3,500' F&G 9500 Enhanced GOM Contracted PEMEX Pacesetter - ---------------------------------------------------------------------------------------------------------- Ocean Yorktown 2,850' F&G SS-2000 GOM Contracted PEMEX - ---------------------------------------------------------------------------------------------------------- AFRICA - ---------------------------------------------------------------------------------------------------------- Ocean Patriot 1,500' Bingo 3000 South Africa Contracted Forest Oil - ---------------------------------------------------------------------------------------------------------- NORTH SEA - ---------------------------------------------------------------------------------------------------------- Ocean Nomad 1,200' Aker H-3 North Sea Idle DODI - ---------------------------------------------------------------------------------------------------------- Ocean Guardian 1,500' Earl & Wright Sedco North Sea Contracted Shell 711 Series - ---------------------------------------------------------------------------------------------------------- Ocean Princess 1,500' Aker H-3 North Sea Contracted Talisman - ---------------------------------------------------------------------------------------------------------- Ocean Vanguard 1,500' Bingo 3000 North Sea Idle DODI - ---------------------------------------------------------------------------------------------------------- AUSTRALASIA - ---------------------------------------------------------------------------------------------------------- Ocean Bounty 1,500' Victory Class Australia Contracted Inpex - ---------------------------------------------------------------------------------------------------------- Ocean Epoch 1,640' Korkut Australia Contracted Santos - ---------------------------------------------------------------------------------------------------------- Ocean General 1,640' Korkut Vietnam Contracted P.V.E&P - ---------------------------------------------------------------------------------------------------------- Ocean Baroness 7,000' Victory Class Indonesia Contracted Unocal - ---------------------------------------------------------------------------------------------------------- Ocean Rover 7,000' Victory Class Singapore Contracted Murphy - ---------------------------------------------------------------------------------------------------------- 2

RIG NAME WD DESIGN LOCATION STATUS* OPERATOR - ---------------------------------------------------------------------------------------------------------- BRAZIL - ---------------------------------------------------------------------------------------------------------- Ocean Yatzy 3,300' DP DYVI Super Yatzy Brazil Contracted Petrobras - ---------------------------------------------------------------------------------------------------------- Ocean Winner 3,500' Aker H-3 Brazil Contracted Petrobras - ---------------------------------------------------------------------------------------------------------- Ocean Alliance 5,000' Alliance Class Brazil Contracted Petrobras - ---------------------------------------------------------------------------------------------------------- INTERNATIONAL DRILLSHIPS (1) - ---------------------------------------------------------------------------------------------------------- Ocean Clipper 7,500' DP Fluor/Mitsubishi Brazil Contracted Petrobras - ---------------------------------------------------------------------------------------------------------- INTERNATIONAL JACKUPS (2) - ---------------------------------------------------------------------------------------------------------- Ocean Sovereign 250' Independent Leg Indonesia Contracted Santos Cantilever - ---------------------------------------------------------------------------------------------------------- Ocean Heritage 300' Independent Leg Indonesia Idle DODI Cantilever - ---------------------------------------------------------------------------------------------------------- COLD STACKED (5) - ---------------------------------------------------------------------------------------------------------- Ocean Liberator 600' Aker H-3 S. Africa Cold Stacked DODI - ---------------------------------------------------------------------------------------------------------- Ocean Champion 250' Mat Slot GOM Cold Stacked DODI - ---------------------------------------------------------------------------------------------------------- Ocean Endeavor 2,000' Victory Class GOM Cold Stacked DODI - ---------------------------------------------------------------------------------------------------------- Ocean Voyager 3,200' Victory Class GOM Cold Stacked DODI - ---------------------------------------------------------------------------------------------------------- Ocean New Era 1,500' Korkut GOM Cold Stacked DODI - ---------------------------------------------------------------------------------------------------------- ASSETS SOLD** (2) - ---------------------------------------------------------------------------------------------------------- Ocean Century 800' Korkut - - - - ---------------------------------------------------------------------------------------------------------- Ocean Prospector 1,700' Victory Class - - - - ---------------------------------------------------------------------------------------------------------- NOTES: * Assume 95-98% utilization rate during contracted periods to allow for normal equipment repair downtime. ** To be used for non drilling purposes. GOM = Gulf of Mexico 3 ** TABLE CONTINUED... **

RIG NAME CURRENT TERM DAYRATE (000S) START DATE - ------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - ------------------------------------------------------------------------------- Ocean Quest second of two wells plus low 40s mid Nov. 2003 option - ------------------------------------------------------------------------------- Ocean Star second of two wells plus mid 70's late Oct. 2003 option - ------------------------------------------------------------------------------- Ocean America one well plus option mid 60's late Nov. 2003 - ------------------------------------------------------------------------------- Ocean Valiant one well plus option mid 50's late Sept. 2003 - ------------------------------------------------------------------------------- Ocean Victory one well low 40s late Nov. 2003 - ------------------------------------------------------------------------------- Ocean Confidence five-year term 170's early Jan. 2001 - ------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SUBMERSIBLES (3) - ------------------------------------------------------------------------------- Ocean Concord one well mid 40's mid Nov. 2003 - ------------------------------------------------------------------------------- Ocean Lexington first of two wells plus high 30's late Nov. 2003 option - ------------------------------------------------------------------------------- Ocean Saratoga one well low 40's early Nov. 2003 - ------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - ------------------------------------------------------------------------------- Ocean Crusader one well mid 20's late Nov. 2003 - ------------------------------------------------------------------------------- Ocean Drake 90 day term plus option mid 20's mid Oct. 2003 - ------------------------------------------------------------------------------- Ocean Columbia one well upper 20's mid Nov. 2003 - ------------------------------------------------------------------------------- Ocean Spartan one well plus option upper 20's late Nov. 2003 - ------------------------------------------------------------------------------- Ocean Spur one well plus option upper 20's late Nov. 2003 - ------------------------------------------------------------------------------- Ocean King multiple wells low 30's early April 2003 - ------------------------------------------------------------------------------- Ocean Nugget one well low 30's mid Sept. 2003 - ------------------------------------------------------------------------------- Ocean Summit two wells plus option mid 30's late Nov. 2003 - ------------------------------------------------------------------------------- Ocean Warwick one well plus option upper 20's late Sept. 2003 - ------------------------------------------------------------------------------- Ocean Titan - - - - ------------------------------------------------------------------------------- Ocean Tower third of four wells plus mid 30's late Aug. 2003 option - ------------------------------------------------------------------------------- 1

RIG NAME CURRENT TERM DAYRATE (000S) START DATE - ------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - ------------------------------------------------------------------------------- MEXICO - ------------------------------------------------------------------------------- Ocean Ambassador four year term work mid 50's late July 2003 - ------------------------------------------------------------------------------- Ocean Whittington four year term work low 60's late July 2003 - ------------------------------------------------------------------------------- Ocean Worker four year term work upper 60's mid Aug. 2003 - ------------------------------------------------------------------------------- Ocean Yorktown four year term work mid 40's late Oct. 2003 - ------------------------------------------------------------------------------- AFRICA - ------------------------------------------------------------------------------- Ocean Patriot 100 days plus option mid 50's mid Sept. 2003 - ------------------------------------------------------------------------------- NORTH SEA - ------------------------------------------------------------------------------- Ocean Nomad - - - - ------------------------------------------------------------------------------- Ocean Guardian one year plus one year low 50's early April 2003 option - ------------------------------------------------------------------------------- Ocean Princess first option declared plus low 40's mid Nov. 2003 option - ------------------------------------------------------------------------------- Ocean Vanguard _ _ _ - ------------------------------------------------------------------------------- AUSTRALASIA - ------------------------------------------------------------------------------- Ocean Bounty third of three wells plus low 70's mid June 2003 option for two - ------------------------------------------------------------------------------- Ocean Epoch one well low 60's early Dec. 2003 - ------------------------------------------------------------------------------- Ocean General one well plus one well and mid 50's mid Nov. 2003 five completion options - ------------------------------------------------------------------------------- Ocean Baroness 400 days plus option 110's late March 2003 - ------------------------------------------------------------------------------- Ocean Rover Three wells plus option 110s mid July 2003 - ------------------------------------------------------------------------------- 2

RIG NAME CURRENT TERM DAYRATE (000S) START DATE - ------------------------------------------------------------------------------- BRAZIL - ------------------------------------------------------------------------------- Ocean Yatzy end of primary term mid 70's early Nov. 1998 Nov. 5, 2003, completing well - ------------------------------------------------------------------------------- Ocean Winner one year extension low 60's early Nov. 2002 . - ------------------------------------------------------------------------------- Ocean Alliance four-year contract 110's early Sept. 2000 - ------------------------------------------------------------------------------- INTERNATIONAL DRILLSHIPS (1) - ------------------------------------------------------------------------------- Ocean Clipper one-year extension 100's mid Feb. 2003 - ------------------------------------------------------------------------------- INTERNATIONAL JACKUPS (2) - ------------------------------------------------------------------------------- Ocean Sovereign one well plus two option high 30's mid Nov. 2003 - ------------------------------------------------------------------------------- Ocean Heritage - - - - ------------------------------------------------------------------------------- COLD STACKED (5) - ------------------------------------------------------------------------------- Ocean Liberator - - - - ------------------------------------------------------------------------------- Ocean Champion - - - - ------------------------------------------------------------------------------- Ocean Endeavor - - - - ------------------------------------------------------------------------------- Ocean Voyager - - - - ------------------------------------------------------------------------------- Ocean New Era - - - - ------------------------------------------------------------------------------- ASSETS SOLD** (2) - ------------------------------------------------------------------------------- Ocean Century - - - - ------------------------------------------------------------------------------- Ocean Prospector - - - - ------------------------------------------------------------------------------- NOTES: * Assume 95-98% utilization rate during contracted periods to allow for normal equipment repair downtime. ** To be used for non drilling purposes. GOM = Gulf of Mexico 3 ** TABLE CONTINUED... **

RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION - --------------------------------------------------------------------------------------------------------- DOMESTIC DEEPWATER SEMISUBMERSIBLES (6) - --------------------------------------------------------------------------------------------------------- Ocean Quest late Dec. 2003 available, actively marketing - --------------------------------------------------------------------------------------------------------- Ocean Star early Jan. 2004 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean America late Dec.. 2004 90 day upgrade/survey likely 1st Qtr 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Valiant late Dec. 2003 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Victory mid Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Confidence early Jan. 2006 available; actively marketing. - --------------------------------------------------------------------------------------------------------- DOMESTIC 2ND/3RD GENERATION SUBMERSIBLES (3) - --------------------------------------------------------------------------------------------------------- Ocean Concord early Jan. 2004 One well plus option with Taylor in mid 40s beginning early Jan. 2004 and ending late Jan. 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Lexington late Jan. 2004 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Saratoga late Dec. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------------- DOMESTIC JACKUPS (11) - --------------------------------------------------------------------------------------------------------- Ocean Crusader late Dec. 2003 One well plus option with Stone Energy in mid 20's beginning late Dec. 2003 and ending late Feb. 2003; available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Drake early Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Columbia late Dec. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Spartan mid Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Spur early Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean King early Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Nugget early Jan. 2004 Six month extension + option in low 30's ending late June 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Summit late Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Warwick mid Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Titan - Cantilever upgrade ending mid Jan. 2004; available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Tower mid Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- 1

RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION - --------------------------------------------------------------------------------------------------------- INTERNATIONAL SEMISUBMERSIBLES (17) - --------------------------------------------------------------------------------------------------------- MEXICO - --------------------------------------------------------------------------------------------------------- Ocean Ambassador mid Dec. 2007 available. - --------------------------------------------------------------------------------------------------------- Ocean Whittington early Oct. 2006 available. - --------------------------------------------------------------------------------------------------------- Ocean Worker late July 2007 available. - --------------------------------------------------------------------------------------------------------- Ocean Yorktown mid July 2007 available. - --------------------------------------------------------------------------------------------------------- AFRICA - --------------------------------------------------------------------------------------------------------- Ocean Patriot late Jan. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- NORTH SEA - --------------------------------------------------------------------------------------------------------- Ocean Nomad - Three wells plus option in West Africa with Premier/Vaalco in upper 40s beginning mid Jan. 2004 and ending late June 2004. - --------------------------------------------------------------------------------------------------------- Ocean Guardian late March 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Princess mid Feb. 2004 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Vanguard _ available; actively marketing. - --------------------------------------------------------------------------------------------------------- AUSTRALASIA - --------------------------------------------------------------------------------------------------------- Ocean Bounty late Feb. 2004 Two wells plus two option wells with NZOP in low 70's beginning late Feb. 2004 and ending late May 2004; available, actiely marketing. - --------------------------------------------------------------------------------------------------------- Ocean Epoch late Dec. 2003 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean General late Jan. 2004 available, actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Baroness early May 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Rover late Dec. 2003 First and second option wells exercised in 110s beginning late Dec. 2003 and ending late Feb. 2004, available; actively marketing. - --------------------------------------------------------------------------------------------------------- 2

RIG NAME EST. END DATE FUTURE CONTRACT AND OTHER INFORMATION - --------------------------------------------------------------------------------------------------------- BRAZIL - --------------------------------------------------------------------------------------------------------- Ocean Yatzy early Jan. 2004 Scheduled for survey beginning early 1st Qtr. 2004. Estimated downtime 30 days; 700 day extension in mid 70's beginning in early Nov. 2003 and ending early Oct. 2005; available. - --------------------------------------------------------------------------------------------------------- Ocean Winner late Feb. 2004 Scheduled for survey in 1st Qtr. '04. Estimated downtime 60 days. - --------------------------------------------------------------------------------------------------------- Ocean Alliance early Sept. 2004 Scheduled for survey in 1st Qtr. '04. Estimated downtime 60 days. - --------------------------------------------------------------------------------------------------------- INTERNATIONAL DRILLSHIPS (1) - --------------------------------------------------------------------------------------------------------- Ocean Clipper early Jan. 2004 700 day extension in 100's beginning early Jan. 2004 and ending mid Dec. 2005; available. - --------------------------------------------------------------------------------------------------------- INTERNATIONAL JACKUPS (2) - --------------------------------------------------------------------------------------------------------- Ocean Sovereign late Feb. 2004 available; actively marketing. - --------------------------------------------------------------------------------------------------------- Ocean Heritage - Three wells plus option in Ecuador with Noble Energy in mid 50's with 30-day mobe beginning mid Jan. 2004 and contract ending mid July 2004; actively marketing. - --------------------------------------------------------------------------------------------------------- COLD STACKED (5) - --------------------------------------------------------------------------------------------------------- Ocean Liberator - Cold stacked Nov. '02. - --------------------------------------------------------------------------------------------------------- Ocean Champion - Cold Stacked Feb. '02. - --------------------------------------------------------------------------------------------------------- Ocean Endeavor - Cold stacked March '02. - --------------------------------------------------------------------------------------------------------- Ocean Voyager - Cold stacked March '02. - --------------------------------------------------------------------------------------------------------- Ocean New Era - Cold stacked Dec. '02. - --------------------------------------------------------------------------------------------------------- ASSETS SOLD** (2) - --------------------------------------------------------------------------------------------------------- Ocean Century - Cold stacked July '98. - --------------------------------------------------------------------------------------------------------- Ocean Prospector - Cold stacked Oct. '98. - --------------------------------------------------------------------------------------------------------- NOTES: * Assume 95-98% utilization rate during contracted periods to allow for normal equipment repair downtime. ** To be used for non drilling purposes. GOM = Gulf of Mexico 3 ** TABLE COMPLETE **