<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 14,601 <SECURITIES> 0 <RECEIVABLES> 226,824 <ALLOWANCES> 0 <INVENTORY> 24,540 <CURRENT-ASSETS> 269,808 <PP&E> 4,036,165 <DEPRECIATION> 1,738,709 <TOTAL-ASSETS> 2,584,030 <CURRENT-LIABILITIES> 285,253 <BONDS> 731,049 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,098 <OTHER-SE> 1,007,982 <TOTAL-LIABILITY-AND-EQUITY> 2,584,030 <SALES> 569,028 <TOTAL-REVENUES> 569,028 <CGS> 319,696 <TOTAL-COSTS> 319,696 <OTHER-EXPENSES> (13,986) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 38,973 <INCOME-PRETAX> 157,790 <INCOME-TAX> 57,070 <INCOME-CONTINUING> 100,720 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 100,720 <EPS-PRIMARY> 1.70 <EPS-DILUTED> 0