<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the Consolidated Condensed Financial Statements of Unit Corporation and Subsidiaries under cover of Form 10-Q for the six months ended June 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000798949 <NAME> UNIT CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 690 <SECURITIES> 0 <RECEIVABLES> 13,381<F1> <ALLOWANCES> 0 <INVENTORY> 0<F2> <CURRENT-ASSETS> 18,663 <PP&E> 307,606 <DEPRECIATION> 183,901 <TOTAL-ASSETS> 142,653 <CURRENT-LIABILITIES> 13,999 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,838 <OTHER-SE> 79,183 <TOTAL-LIABILITY-AND-EQUITY> 142,653 <SALES> 0 <TOTAL-REVENUES> 44,128 <CGS> 0 <TOTAL-COSTS> 31,988 <OTHER-EXPENSES> 2,318 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,304 <INCOME-PRETAX> 8,518 <INCOME-TAX> 3,212 <INCOME-CONTINUING> 5,306 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,306 <EPS-PRIMARY> .22 <EPS-DILUTED> .22 <FN> <F1>Accounts Receivable is presented net in the Consolidated Condensed Balance Sheet. <F2>Inventory is presented as a portion of Other Current Assets in the Consolidated Condensed Balance Sheet. </FN>