<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 1,088,000 <SECURITIES> 21,330,000 <RECEIVABLES> 841,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 23,535,000 <PP&E> 172,251,000 <DEPRECIATION> 105,568,000 <TOTAL-ASSETS> 96,218,000 <CURRENT-LIABILITIES> 9,194,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,014,000 <OTHER-SE> 17,521,000 <TOTAL-LIABILITY-AND-EQUITY> 96,218,000 <SALES> 4,237,000 <TOTAL-REVENUES> 11,160,000 <CGS> 1,817,000 <TOTAL-COSTS> 9,854,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,935,000 <INCOME-PRETAX> 5,926,000 <INCOME-TAX> 1,845,000 <INCOME-CONTINUING> 4,081,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,081,000 <EPS-PRIMARY> 0.44 <EPS-DILUTED> 0.44