<ARTICLE> 5 <LEGEND> (Replace this text with the legend) </LEGEND> <CIK> 0000806612 <NAME> Enex Oil & Gas Income Program III - Series 1, L.P. <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> dec-31-1996 <PERIOD-START> jan-01-1996 <PERIOD-END> mar-31-1996 <CASH> 3777 <SECURITIES> 0 <RECEIVABLES> 16092 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 21071 <PP&E> 1150176 <DEPRECIATION> 902111 <TOTAL-ASSETS> 269136 <CURRENT-LIABILITIES> 34714 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9912 <TOTAL-LIABILITY-AND-EQUITY> 269136 <SALES> 37506 <TOTAL-REVENUES> 37506 <CGS> 13789 <TOTAL-COSTS> 25477 <OTHER-EXPENSES> 7857 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4172 <EPS-PRIMARY> 0 <EPS-DILUTED> 0