<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-Q for the quarter ended September 30, 1996 for Hallwood Energy Partners, L.P. and is qualified in its entirety by reference to such Form 10-Q. </LEGEND> <CIK> 0000768172 <NAME> Hallwood Energy Partners, L.P. <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-END> Sep-30-1996 <CASH> 7,499 <SECURITIES> 0 <RECEIVABLES> 11,016 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 19,812 <PP&E> 608,834 <DEPRECIATION> 520,920 <TOTAL-ASSETS> 121,093 <CURRENT-LIABILITIES> 20,337 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 62,016 <TOTAL-LIABILITY-AND-EQUITY> 121,093 <SALES> 35,922 <TOTAL-REVENUES> 38,292 <CGS> 0 <TOTAL-COSTS> 22,617 <OTHER-EXPENSES> 1,095 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,047 <INCOME-PRETAX> 11,533 <INCOME-TAX> 0 <INCOME-CONTINUING> 11,533 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,533 <EPS-PRIMARY> .99 <EPS-DILUTED> .99