<ARTICLE> 5
<LEGEND>
THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) OF POGO PRODUCING
COMPANY, INCLUDING THE CONSOLIDATED BALANCE SHEETS AS OF THE END OF EACH OF THE
PERIODS INDICATED AND THE CONSOLIDATED STATEMENTS OF INCOME FOR EACH OF THE
PERIODS INDICATED, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
CONSOLIDATED FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                                       
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-END>                               MAR-31-1997             JUN-30-1997             SEP-30-1997
<CASH>                                           9,586                  23,505                  12,444
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                   77,105                  76,791                  91,215
<ALLOWANCES>                                         0<F1>                   0<F1>                   0<F1>
<INVENTORY>                                      8,725                  14,145                  14,006
<CURRENT-ASSETS>                                95,630                 115,542                 118,715
<PP&E>                                       1,268,236               1,304,047               1,352,568
<DEPRECIATION>                                 832,826                 861,875                 889,752
<TOTAL-ASSETS>                                 552,832                 585,022                 608,088
<CURRENT-LIABILITIES>                           55,056                  46,336                  61,210
<BONDS>                                        306,230                 338,205                 340,199
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                        33,379                  33,396                  33,544
<OTHER-SE>                                      86,859                  95,217                 105,662
<TOTAL-LIABILITY-AND-EQUITY>                   552,832                 585,022                 608,088
<SALES>                                         61,314<F2>             136,595<F2>             213,913<F2>
<TOTAL-REVENUES>                                61,314                 138,054                 215,231
<CGS>                                           12,297<F3>              28,488<F3>              45,116<F3>
<TOTAL-COSTS>                                   12,297<F3>              28,488<F3>              45,116<F3>
<OTHER-EXPENSES>                                27,077<F4>              68,794<F4>             106,484<F4>
<LOSS-PROVISION>                                     0<F5>                   0<F5>                   0<F5>
<INTEREST-EXPENSE>                               4,295                   9,831                  15,771
<INCOME-PRETAX>                                 19,571                  33,700                  45,072
<INCOME-TAX>                                     6,753                  11,708                  15,694
<INCOME-CONTINUING>                             12,818                  21,992                  29,378
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                    12,818                  21,992                  29,378
<EPS-PRIMARY>                                     0.38                    0.66                    0.88
<EPS-DILUTED>                                     0.36                    0.62                    0.83
<FN>
<F1>This amount is not disclosed on the face of the Consolidated Financial
Statements due to the lack of materiality, but is included as a contra-asset in
Accounts Recievable.
<F2>Does not include Gains or Losses on Property Sales.
<F3>Includes Lease Operating Expense, but excludes General and Administrative,
Exploration, Dry Hole and Impairment and Depreciation, Depletion and
Amortization Expenses.
<F4>Includes General and Administrative, Exploration, Dry Hole and Impairment 
and Depreciation, Depletion and Amortization Expenses.
<F5>This amount is not disclosed on the face of the Consolidated Financial
Statements due to a lack of materiality, but is included in Oil and Gas
Revenues.
</FN>