<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TEXACO INC.'S THIRD QUARTER 1998 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> SEP-30-1998 <CASH> 250 <SECURITIES> 35 <RECEIVABLES> 3,598 <ALLOWANCES> 20 <INVENTORY> 1,269 <CURRENT-ASSETS> 5,394 <PP&E> 35,340 <DEPRECIATION> 20,499 <TOTAL-ASSETS> 28,495 <CURRENT-LIABILITIES> 5,019 <BONDS> 6,061 <PREFERRED-MANDATORY> 0 <PREFERRED> 656 <COMMON> 1,705 <OTHER-SE> 9,964 <TOTAL-LIABILITY-AND-EQUITY> 28,495 <SALES> 23,132 <TOTAL-REVENUES> 23,898 <CGS> 17,922 <TOTAL-COSTS> 19,740 <OTHER-EXPENSES> 2,729 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 355 <INCOME-PRETAX> 1,074 <INCOME-TAX> 258 <INCOME-CONTINUING> 816 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 816 <EPS-PRIMARY> 1.47 <EPS-DILUTED> 1.46