<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S.DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 69 <SECURITIES> 5,290 <RECEIVABLES> 6 <ALLOWANCES> 0 <INVENTORY> 1,832 <CURRENT-ASSETS> 11,876 <PP&E> 828,658 <DEPRECIATION> 193,173 <TOTAL-ASSETS> 663,920 <CURRENT-LIABILITIES> 70,540 <BONDS> 148,735 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 199,522 <TOTAL-LIABILITY-AND-EQUITY> 663,920 <SALES> 76,458 <TOTAL-REVENUES> 76,458 <CGS> 4,877 <TOTAL-COSTS> 26,712 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,391 <INCOME-PRETAX> 43,481 <INCOME-TAX> 11,213 <INCOME-CONTINUING> 32,268 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32,268 <EPS-PRIMARY> 0.00<F1> <EPS-DILUTED> 0.00<F1> <FN> <F1>*All common stock is owned by parent, no EPS required. </FN>