<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 nine months ended September 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 994 <SECURITIES> 0 <RECEIVABLES> 14,795<F1> <ALLOWANCES> 0 <INVENTORY> 0<F2> <CURRENT-ASSETS> 20,891 <PP&E> 321,317 <DEPRECIATION> 188,090 <TOTAL-ASSETS> 154,487 <CURRENT-LIABILITIES> 15,735 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,839 <OTHER-SE> 81,317 <TOTAL-LIABILITY-AND-EQUITY> 154,487 <SALES> 0 <TOTAL-REVENUES> 65,713 <CGS> 0 <TOTAL-COSTS> 48,344 <OTHER-EXPENSES> 3,418 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,024 <INCOME-PRETAX> 11,927 <INCOME-TAX> 4,500 <INCOME-CONTINUING> 7,427 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,427 <EPS-PRIMARY> .30 <EPS-DILUTED> .30 <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>