<ARTICLE> 5
<LEGEND>
THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM TEXOIL QUARTERLY REPORT 09/30/99 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                           2,006
<SECURITIES>                                         0
<RECEIVABLES>                                    4,048
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 6,898
<PP&E>                                          58,325
<DEPRECIATION>                                 (8,720)
<TOTAL-ASSETS>                                  56,978
<CURRENT-LIABILITIES>                            5,297
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            66
<OTHER-SE>                                      12,647
<TOTAL-LIABILITY-AND-EQUITY>                    56,978
<SALES>                                         13,925
<TOTAL-REVENUES>                                14,726
<CGS>                                            5,729
<TOTAL-COSTS>                                    1,403
<OTHER-EXPENSES>                                 3,485
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,841
<INCOME-PRETAX>                                  2,268
<INCOME-TAX>                                       858
<INCOME-CONTINUING>                              1,410
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,410
<EPS-BASIC>                                      .22
<EPS-DILUTED>                                      .21