<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from financial statements for the three months ended March 31, 1995 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 2,001 <SECURITIES> 0 <RECEIVABLES> 6,266 <ALLOWANCES> 0 <INVENTORY> 647 <CURRENT-ASSETS> 9,536 <PP&E> 238,262 <DEPRECIATION> 92,733 <TOTAL-ASSETS> 155,065 <CURRENT-LIABILITIES> 7,595 <BONDS> 34,500 <COMMON> 98 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 100,205 <TOTAL-LIABILITY-AND-EQUITY> 155,065 <SALES> 18,634 <TOTAL-REVENUES> 18,634 <CGS> 7,440<F1> <TOTAL-COSTS> 12,423<F2> <OTHER-EXPENSES> 4,210<F3> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 584<F4> <INCOME-PRETAX> 2,001 <INCOME-TAX> 761 <INCOME-CONTINUING> 1,240 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,240 <EPS-PRIMARY> .13 <EPS-DILUTED> .13 <FN> <F1>Lease operations, prod. and prop. taxes, trans. and process., net profit pmts. <F2>CGS, plus DD&A <F3>G&A, exploration, interest and other <F4>Net of interest income </FN>