<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MESA INC. AND SUBSIDIARIES MARCH 31, 1996, FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1996 <CASH> 115,775 <SECURITIES> 39,956 <RECEIVABLES> 43,477 <ALLOWANCES> 2,992 <INVENTORY> 3,350 <CURRENT-ASSETS> 202,859 <PP&E> 1,949,270 <DEPRECIATION> 887,232 <TOTAL-ASSETS> 1,409,096 <CURRENT-LIABILITIES> 150,101 <BONDS> 1,121,768 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 640 <OTHER-SE> 67,421 <TOTAL-LIABILITY-AND-EQUITY> 1,409,096 <SALES> 80,643 <TOTAL-REVENUES> 80,643 <CGS> 0 <TOTAL-COSTS> 55,320 <OTHER-EXPENSES> 24,266 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 37,749 <INCOME-PRETAX> 1,057 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,057 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,057 <EPS-PRIMARY> .02 <EPS-DILUTED> .02