<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 4,267 <SECURITIES> 0 <RECEIVABLES> 8,165 <ALLOWANCES> 0 <INVENTORY> 187 <CURRENT-ASSETS> 13,658 <PP&E> 140,448 <DEPRECIATION> 50,993 <TOTAL-ASSETS> 210,922 <CURRENT-LIABILITIES> 9,716 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,797 <OTHER-SE> 126,513 <TOTAL-LIABILITY-AND-EQUITY> 210,922 <SALES> 5,603 <TOTAL-REVENUES> 8,870 <CGS> 726 <TOTAL-COSTS> 726 <OTHER-EXPENSES> 4,049 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 274 <INCOME-PRETAX> 4,647 <INCOME-TAX> 390 <INCOME-CONTINUING> 4,257 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,257 <EPS-PRIMARY> 1.00 <EPS-DILUTED> 1.00