<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S SEC FORM 10-Q FOR THE PERIOD ENDING JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 14,261 <SECURITIES> 0 <RECEIVABLES> 88,301 <ALLOWANCES> 76 <INVENTORY> 34,812 <CURRENT-ASSETS> 181,522 <PP&E> 2,937,996 <DEPRECIATION> 1,403,057 <TOTAL-ASSETS> 1,839,365 <CURRENT-LIABILITIES> 200,016 <BONDS> 644,071 <COMMON> 4,391 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 485,094 <TOTAL-LIABILITY-AND-EQUITY> 1,839,365 <SALES> 481,370 <TOTAL-REVENUES> 497,306 <CGS> 161,322 <TOTAL-COSTS> 277,305 <OTHER-EXPENSES> 24,465 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,510 <INCOME-PRETAX> 181,026 <INCOME-TAX> 102,628 <INCOME-CONTINUING> 78,398 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 78,398 <EPS-PRIMARY> .90 <EPS-DILUTED> 0