<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MESA ROYALTY TRUST 1998 THIRD QUARTER REPORT AND FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 1998 THIRD QUARTER REPORT AND FORM 10-Q. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 1,395,658 <SECURITIES> 0 <RECEIVABLES> 17,005 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,412,663 <PP&E> 42,498,034 <DEPRECIATION> 28,189,748 <TOTAL-ASSETS> 15,720,949 <CURRENT-LIABILITIES> 1,412,663 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 14,308,286 <TOTAL-LIABILITY-AND-EQUITY> 15,720,949 <SALES> 5,203,701 <TOTAL-REVENUES> 5,266,579 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,235,250 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,235,250 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,235,250 <EPS-PRIMARY> 2.81 <EPS-DILUTED> 2.81