<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TEXACO INC.'S FIRST QUARTER 1998 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> MAR-31-1998 <CASH> 335 <SECURITIES> 86 <RECEIVABLES> 4,041 <ALLOWANCES> 20 <INVENTORY> 1,160 <CURRENT-ASSETS> 5,892 <PP&E> 34,821 <DEPRECIATION> 20,226 <TOTAL-ASSETS> 28,871 <CURRENT-LIABILITIES> 4,929 <BONDS> 5,927 <PREFERRED-MANDATORY> 0 <PREFERRED> 651 <COMMON> 2,169 <OTHER-SE> 9,912 <TOTAL-LIABILITY-AND-EQUITY> 28,871 <SALES> 7,922 <TOTAL-REVENUES> 8,147 <CGS> 6,114 <TOTAL-COSTS> 6,694 <OTHER-EXPENSES> 936 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 118 <INCOME-PRETAX> 399 <INCOME-TAX> 140 <INCOME-CONTINUING> 259 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 259 <EPS-PRIMARY> .46 <EPS-DILUTED> .46