<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 3,610 <SECURITIES> 0 <RECEIVABLES> 224,182 <ALLOWANCES> 0 <INVENTORY> 28,186 <CURRENT-ASSETS> 273,857 <PP&E> 3,879,686 <DEPRECIATION> (1,714,706) <TOTAL-ASSETS> 2,470,437 <CURRENT-LIABILITIES> 265,876 <BONDS> 0 <PREFERRED-MANDATORY> 201,600 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,048,439 <TOTAL-LIABILITY-AND-EQUITY> 2,470,437 <SALES> 179,464 <TOTAL-REVENUES> 180,651 <CGS> 0 <TOTAL-COSTS> 139,481 <OTHER-EXPENSES> (1,256) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,115 <INCOME-PRETAX> 37,311 <INCOME-TAX> 14,246 <INCOME-CONTINUING> 23,065 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 23,065 <EPS-PRIMARY> 0 <EPS-DILUTED> 0