<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 30,664 <SECURITIES> 0 <RECEIVABLES> 18,549 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 49,615 <PP&E> 105,949 <DEPRECIATION> 70,262 <TOTAL-ASSETS> 181,997 <CURRENT-LIABILITIES> 11,103 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 575 <COMMON> 17,402 <OTHER-SE> 10,416 <TOTAL-LIABILITY-AND-EQUITY> 181,997 <SALES> 65,832 <TOTAL-REVENUES> 65,832 <CGS> 42,063 <TOTAL-COSTS> 32,212 <OTHER-EXPENSES> (590) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 320 <INCOME-PRETAX> 32,958 <INCOME-TAX> 0 <INCOME-CONTINUING> 32,958 <DISCONTINUED> (4,802) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 28,156 <EPS-PRIMARY> 3.34 <EPS-DILUTED> 3.34