<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S.DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 32 <SECURITIES> 0 <RECEIVABLES> 6 <ALLOWANCES> 0 <INVENTORY> 2,033 <CURRENT-ASSETS> 4,853 <PP&E> 828,691 <DEPRECIATION> 197,399 <TOTAL-ASSETS> 652,520 <CURRENT-LIABILITIES> 59,777 <BONDS> 148,759 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> 197,459 <TOTAL-LIABILITY-AND-EQUITY> 652,520 <SALES> 18,604 <TOTAL-REVENUES> 18,604 <CGS> 953 <TOTAL-COSTS> 6,339 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,513 <INCOME-PRETAX> 8,802 <INCOME-TAX> 2,865 <INCOME-CONTINUING> 5,937 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,937 <EPS-PRIMARY> 0.00<F1> <EPS-DILUTED> 0.00<F1> <FN> <F1>*All common stock is owned by parent, no EPS required. </FN>