<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TEXOIL QUARTERLY REPORT 6/30/99 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 671 <SECURITIES> 0 <RECEIVABLES> 3,920 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,618 <PP&E> 52,281 <DEPRECIATION> (7,358) <TOTAL-ASSETS> 50,516 <CURRENT-LIABILITIES> 3,842 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 66 <OTHER-SE> 12,108 <TOTAL-LIABILITY-AND-EQUITY> 50,516 <SALES> 8,672 <TOTAL-REVENUES> 9,163 <CGS> 3,692 <TOTAL-COSTS> 896 <OTHER-EXPENSES> 2,094 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,082 <INCOME-PRETAX> 1,399 <INCOME-TAX> 529 <INCOME-CONTINUING> 870 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 870 <EPS-BASIC> .13 <EPS-DILUTED> .13