<ARTICLE>                     5
<LEGEND>
     (Replace this text with the legend)
</LEGEND>
<CIK>                                          0000101594                       
<NAME>                                         U.S. Energy Corp. 10Q  
<MULTIPLIER>                                   1
<CURRENCY>                                     0
       
                                            
<PERIOD-TYPE>                                  6-MOS
<FISCAL-YEAR-END>                              MAY-31-1999
<PERIOD-START>                                 JUN-01-1998
<PERIOD-END>                                   NOV-30-1998
<EXCHANGE-RATE>                                1
<CASH>                                         5,900,800
<SECURITIES>                                   0
<RECEIVABLES>                                  2,404,400
<ALLOWANCES>                                   0
<INVENTORY>                                    152,400
<CURRENT-ASSETS>                               10,050,000
<PP&E>                                         31,294,900
<DEPRECIATION>                                 (12,185,100)
<TOTAL-ASSETS>                                 40,299,800
<CURRENT-LIABILITIES>                          5,423,500
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       75,200
<OTHER-SE>                                     14,009,800
<TOTAL-LIABILITY-AND-EQUITY>                   40,299,800
<SALES>                                        2,048,600
<TOTAL-REVENUES>                               964,000
<CGS>                                          1,862,300
<TOTAL-COSTS>                                  6,487,300
<OTHER-EXPENSES>                               (261,400)
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             31,400
<INCOME-PRETAX>                                (3,244,700)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (3,244,700)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (3,244,700)
<EPS-PRIMARY>                                  (0.42)
<EPS-DILUTED>                                  0