<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> Year <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-END> Dec-31-1996 <CASH> 15,284 <SECURITIES> 0 <RECEIVABLES> 193,659 <ALLOWANCES> 0 <INVENTORY> 12,285 <CURRENT-ASSETS> 227,617 <PP&E> 2,049,356 <DEPRECIATION> 804,715 <TOTAL-ASSETS> 1,515,063 <CURRENT-LIABILITIES> 231,370 <BONDS> 573,455 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,307 <OTHER-SE> 591,423 <TOTAL-LIABILITY-AND-EQUITY> 1,515,063 <SALES> 518,578 <TOTAL-REVENUES> 518,578 <CGS> 42,600 <TOTAL-COSTS> 370,923 <OTHER-EXPENSES> 5,357 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 44,842 <INCOME-PRETAX> 54,856 <INCOME-TAX> 25,895 <INCOME-CONTINUING> 28,961 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 28,961 <EPS-PRIMARY> 0.45 <EPS-DILUTED> 0.45