<ARTICLE> 5 <CIK> 0000101594 <NAME> US ENERGY CORP. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-2001 <PERIOD-START> JUN-01-2000 <PERIOD-END> AUG-31-2000 <CASH> 1,179,900 <SECURITIES> 0 <RECEIVABLES> 1,245,700 <ALLOWANCES> 0 <INVENTORY> 128,900 <CURRENT-ASSETS> 3,611,000 <PP&E> 27,516,800 <DEPRECIATION> 10,799,700 <TOTAL-ASSETS> 30,953,400 <CURRENT-LIABILITIES> 7,226,100 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,840,000 <COMMON> 87,700 <OTHER-SE> 3,890,700 <TOTAL-LIABILITY-AND-EQUITY> 30,953,400 <SALES> 3,616,700 <TOTAL-REVENUES> 3,943,100 <CGS> 3,649,900 <TOTAL-COSTS> 4,629,900 <OTHER-EXPENSES> (27,300) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 35,200 <INCOME-PRETAX> (694,700) <INCOME-TAX> 0 <INCOME-CONTINUING> (694,700) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (20,800) <NET-INCOME> (715,500) <EPS-BASIC> (0.09) <EPS-DILUTED> (0.09)