<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM APPLICABLE FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,790 <SECURITIES> 0 <RECEIVABLES> 57,925 <ALLOWANCES> 1,161 <INVENTORY> 0 <CURRENT-ASSETS> 73,260 <PP&E> 1,901,678 <DEPRECIATION> (1,192,691) <TOTAL-ASSETS> 807,789 <CURRENT-LIABILITIES> 132,065 <BONDS> 258,317 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,271 <OTHER-SE> 273,392 <TOTAL-LIABILITY-AND-EQUITY> 807,789 <SALES> 0 <TOTAL-REVENUES> 314,213 <CGS> 0 <TOTAL-COSTS> 554,566 <OTHER-EXPENSES> (301) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 30,645 <INCOME-PRETAX> (270,123) <INCOME-TAX> (58,945) <INCOME-CONTINUING> (216,103) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (216,103) <EPS-PRIMARY> (1.71) <EPS-DILUTED> (1.71)