<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENTS OF OPERATIONS FOUND ON PAGES 2 AND 3 OF THE COMPANY'S FORM 10-Q FOR THE YEAR-TO-DATE, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000930550 <NAME> OCEAN ENERGY, INC. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 34,178 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 39,156 <PP&E> 761,261 <DEPRECIATION> 240,272 <TOTAL-ASSETS> 582,410 <CURRENT-LIABILITIES> 88,234 <BONDS> 357,186 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 197 <OTHER-SE> 122,508 <TOTAL-LIABILITY-AND-EQUITY> 582,410 <SALES> 130,069 <TOTAL-REVENUES> 130,069 <CGS> 32,592 <TOTAL-COSTS> 92,768 <OTHER-EXPENSES> (685) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 13,303 <INCOME-PRETAX> 24,682 <INCOME-TAX> 8,555 <INCOME-CONTINUING> 16,127 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,127 <EPS-PRIMARY> 0.77 <EPS-DILUTED> 0.77