<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE U.S. ENERGY CORP. FORM 10-Q FOR THE PERIOD ENDED FEBRUARY 28, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000101594 <NAME> U.S. ENERGY CORP. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAY-31-1997 <PERIOD-START> JUN-01-1996 <PERIOD-END> FEB-28-1997 <CASH> 2,757,500 <SECURITIES> 0 <RECEIVABLES> 833,200 <ALLOWANCES> 0 <INVENTORY> 167,600 <CURRENT-ASSETS> 5,713,200 <PP&E> 27,017,200 <DEPRECIATION> (9,475,000) <TOTAL-ASSETS> 37,828,700 <CURRENT-LIABILITIES> 5,292,200 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66,100 <OTHER-SE> 13,886,200 <TOTAL-LIABILITY-AND-EQUITY> 37,828,700 <SALES> 2,593,900 <TOTAL-REVENUES> 3,269,200 <CGS> 0 <TOTAL-COSTS> 3,489,700 <OTHER-EXPENSES> 1,633,100 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 91,600 <INCOME-PRETAX> (1,945,200) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,945,200) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,945,200) <EPS-PRIMARY> 0 <EPS-DILUTED> 0