<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM RRC ACQUISITIONS, INC.'S FORM 10-K FOR THE YEAR ENDED 12/31/98 </LEGEND> <CIK> 0001066250 <NAME> RRC ACQUISITIONS, INC. <MULTIPLIER> 1 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 26,645 <SECURITIES> 0 <RECEIVABLES> 340,758 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 18,039,140 <DEPRECIATION> 447,889 <TOTAL-ASSETS> 18,884,200 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 100 <OTHER-SE> 18,574,507 <TOTAL-LIABILITY-AND-EQUITY> 18,884,200 <SALES> 0 <TOTAL-REVENUES> 2,412,358 <CGS> 0 <TOTAL-COSTS> 502,327 <OTHER-EXPENSES> 369,239 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,351,943 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,351,943 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,351,943 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00