<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TEXACO INC.'S SECOND QUARTER 1998 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> JUN-30-1998 <CASH> 345 <SECURITIES> 48 <RECEIVABLES> 3,951 <ALLOWANCES> 20 <INVENTORY> 1,214 <CURRENT-ASSETS> 5,882 <PP&E> 35,056 <DEPRECIATION> 20,281 <TOTAL-ASSETS> 28,795 <CURRENT-LIABILITIES> 4,766 <BONDS> 6,281 <PREFERRED-MANDATORY> 0 <PREFERRED> 659 <COMMON> 1,861 <OTHER-SE> 9,995 <TOTAL-LIABILITY-AND-EQUITY> 28,795 <SALES> 15,651 <TOTAL-REVENUES> 16,191 <CGS> 12,086 <TOTAL-COSTS> 13,311 <OTHER-EXPENSES> 1,821 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 234 <INCOME-PRETAX> 825 <INCOME-TAX> 224 <INCOME-CONTINUING> 601 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 601 <EPS-PRIMARY> 1.08 <EPS-DILUTED> 1.07