<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the Consolidated Condensed Financial Statements of Unit Corporation and Subsidiaries under the cover of Form 10-Q for the three months ended March 31, 1999 and is qualidied in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000798949 <NAME> UNIT CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 423 <SECURITIES> 0 <RECEIVABLES> 12,675<F1> <ALLOWANCES> 0 <INVENTORY> 0<F2> <CURRENT-ASSETS> 18,847 <PP&E> 409,450 <DEPRECIATION> 213,425 <TOTAL-ASSETS> 221,173 <CURRENT-LIABILITIES> 17,984 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,147 <OTHER-SE> 105,674 <TOTAL-LIABILITY-AND-EQUITY> 221,173 <SALES> 0 <TOTAL-REVENUES> 19,697 <CGS> 0 <TOTAL-COSTS> 19,210 <OTHER-EXPENSES> 1,252 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,211 <INCOME-PRETAX> (1,976) <INCOME-TAX> (702) <INCOME-CONTINUING> (1,274) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,274) <EPS-PRIMARY> (.05) <EPS-DILUTED> (.05) <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>