<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRANSAMERICAN ENERGY CORPORATION'S UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET AT JULY 31, 1998 AND THE UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JULY 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-31-1999 <PERIOD-START> FEB-01-1998 <PERIOD-END> JUL-31-1998 <CASH> 68,298 <SECURITIES> 0 <RECEIVABLES> 18,028 <ALLOWANCES> 0 <INVENTORY> 47,186 <CURRENT-ASSETS> 148,971 <PP&E> 2,804,500 <DEPRECIATION> 770,794 <TOTAL-ASSETS> 2,262,552 <CURRENT-LIABILITIES> 205,704 <BONDS> 1,841,478 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 66,955 <TOTAL-LIABILITY-AND-EQUITY> 2,262,552 <SALES> 48,243 <TOTAL-REVENUES> 116,558 <CGS> 7,819 <TOTAL-COSTS> 106,133 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 48,179 <INCOME-PRETAX> (31,351) <INCOME-TAX> (3,483) <INCOME-CONTINUING> (26,449) <DISCONTINUED> 0 <EXTRAORDINARY> (2,436) <CHANGES> 2,674 <NET-INCOME> (26,211) <EPS-PRIMARY> (2,912) <EPS-DILUTED> (2,912)