<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 39,216 <SECURITIES> 0 <RECEIVABLES> 87,148 <ALLOWANCES> 0 <INVENTORY> 50,236 <CURRENT-ASSETS> 211,355 <PP&E> 3,797,886 <DEPRECIATION> 1,816,304 <TOTAL-ASSETS> 2,292,760 <CURRENT-LIABILITIES> 266,174 <BONDS> 719,807 <PREFERRED-MANDATORY> 0 <PREFERRED> 171,480 <COMMON> 4,391 <OTHER-SE> 675,962 <TOTAL-LIABILITY-AND-EQUITY> 2,292,760 <SALES> 190,184 <TOTAL-REVENUES> 193,781 <CGS> 73,740 <TOTAL-COSTS> 134,471 <OTHER-EXPENSES> 23,251 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 580 <INCOME-PRETAX> 35,479 <INCOME-TAX> 26,626 <INCOME-CONTINUING> 8,853 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,853 <EPS-PRIMARY> 0.09 <EPS-DILUTED> 0.09