<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REMINGTON
OIL AND GAS CORPORATION'S FORM 10-K FOR THE ANNUAL PERIOD ENDED DECEMBER 31,
1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000874992
<NAME> REMINGTON OIL AND GAS CORPORATION
<MULTIPLIER> 1,000
<PERIOD-TYPE> 12-MOS 12-MOS 12-MOS
<FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 DEC-31-1995
<PERIOD-START> JAN-01-1997 JAN-01-1996 JAN-01-1995
<PERIOD-END> DEC-31-1997 DEC-31-1996 DEC-31-1995
<CASH> 4552 2997 21644
<SECURITIES> 0 32678 24757
<RECEIVABLES> 12185 8549 8654
<ALLOWANCES> 0 0 0
<INVENTORY> 0 0 0
<CURRENT-ASSETS> 18855 46185 55718
<PP&E> 223281 190477 168550
<DEPRECIATION> 144548 116371 93651
<TOTAL-ASSETS> 98515 136599 145491
<CURRENT-LIABILITIES> 15857 7166 8367
<BONDS> 38371 55077 55077
<PREFERRED-MANDATORY> 0 0 0
<PREFERRED> 0 0 0
<COMMON> 20803 20803 20803
<OTHER-SE> 23484 53553 61244
<TOTAL-LIABILITY-AND-EQUITY> 98515 136599 145491
<SALES> 57304 65606 54406
<TOTAL-REVENUES> 61053 70210 59493
<CGS> 52012 61400 37818
<TOTAL-COSTS> 67937 74747 47143
<OTHER-EXPENSES> 0 0 0
<LOSS-PROVISION> 0 0 0
<INTEREST-EXPENSE> 5283 4895 4836
<INCOME-PRETAX> (12167) (9432) 7514
<INCOME-TAX> 14623 (1770) 2122
<INCOME-CONTINUING> (26790) (7662) 5392
<DISCONTINUED> 0 0 0
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<NET-INCOME> (26790) (7662) 5392
<EPS-PRIMARY> (1.31) (.37) .26
<EPS-DILUTED> (1.31) (.37) .26