<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MERIDIAN RESOURCE CORPORATION 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> 16,886 <SECURITIES> 0 <RECEIVABLES> 26,167 <ALLOWANCES> 121 <INVENTORY> 0 <CURRENT-ASSETS> 48,421 <PP&E> 873,520 <DEPRECIATION> 461,548 <TOTAL-ASSETS> 466,167 <CURRENT-LIABILITIES> 48,681 <BONDS> 265,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 135,000 <COMMON> 465 <OTHER-SE> 10,816 <TOTAL-LIABILITY-AND-EQUITY> 466,167 <SALES> 53,909 <TOTAL-REVENUES> 54,275 <CGS> 38,020 <TOTAL-COSTS> 38,020 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,608 <INCOME-PRETAX> (849) <INCOME-TAX> 0 <INCOME-CONTINUING> (849) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (849) <EPS-BASIC> (.08) <EPS-DILUTED> (.08)