<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 118,548 <SECURITIES> 0 <RECEIVABLES> 24,762 <ALLOWANCES> 0 <INVENTORY> 1,784 <CURRENT-ASSETS> 157,582 <PP&E> 1,050,038 <DEPRECIATION> 440,942 <TOTAL-ASSETS> 791,476 <CURRENT-LIABILITIES> 45,161 <BONDS> 365,500 <PREFERRED-MANDATORY> 203 <PREFERRED> 115,000 <COMMON> 0 <OTHER-SE> 263,017 <TOTAL-LIABILITY-AND-EQUITY> 791,476 <SALES> 43,468 <TOTAL-REVENUES> 126,643 <CGS> 55,440 <TOTAL-COSTS> 55,440 <OTHER-EXPENSES> 11,136 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,999 <INCOME-PRETAX> 52,068 <INCOME-TAX> 20,726 <INCOME-CONTINUING> 31,342 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 31,342 <EPS-PRIMARY> 1.58 <EPS-DILUTED> 1.58