SECURITIES AND EXCHANGE COMMISSION
              WASHINGTON, D. C.  20549
                          
                      FORM 11-K
                          
(Mark One)

   [X]              Annual Report
          Pursuant to Section 15(d) of the
           Securities Exchange Act of 1934
                   (Fee Required)
       For the fiscal year ended June 30, 1994

                         OR

   [ ]  Transition report pursuant to Section 15(d)
          of the Securities Exchange Act of 1934
                  (No Fee Required)

        For the transition period from


           Commission File Number 33-21152
                          
                          
         ATLANTIC RICHFIELD SAVINGS PLAN III
                 (Title of the Plan)


             ATLANTIC RICHFIELD COMPANY
               515 South Flower Street
           Los Angeles, California  90071
                          
      (Name and address of principal executive
       office of the issuer of the securities)




     The financial statements and schedules are prepared in
accordance with the financial reporting requirements of
ERISA and are filed under cover of Form SE, pursuant to Rule
311(c) of Regulation S-T.





           ATLANTIC RICHFIELD SAVINGS PLAN III
                          
                       SIGNATURES
                          
     Pursuant to the requirements of the Securities Exchange
Act of 1934, the trustees (or other persons who administer
the Plan) have duly caused this annual report to be signed
on its behalf by the undersigned hereunto duly authorized.

                                   ATLANTIC RICHFIELD
                                   SAVINGS PLAN III


                                     /s/CYNTHIA L. BENGTSON
                                   By_________________________
                                     Cynthia L. Bengtson
                                     Secretary of the
                                     Savings Plan III
                                     Administrative Committee

Date:  December 16, 1994