<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 22,427 <SECURITIES> 0 <RECEIVABLES> 228,145 <ALLOWANCES> 0 <INVENTORY> 47,481 <CURRENT-ASSETS> 319,061 <PP&E> 7,991,778 <DEPRECIATION> (3,457,343) <TOTAL-ASSETS> 4,894,969 <CURRENT-LIABILITIES> 272,825 <BONDS> 1,539,265 <PREFERRED-MANDATORY> 210,490 <PREFERRED> 98,387 <COMMON> 144,855 <OTHER-SE> 2,053,771 <TOTAL-LIABILITY-AND-EQUITY> 4,894,969 <SALES> 465,874 <TOTAL-REVENUES> 469,351 <CGS> 351,143 <TOTAL-COSTS> 351,143 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 39,529 <INCOME-PRETAX> 56,215 <INCOME-TAX> 25,615 <INCOME-CONTINUING> 30,600 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 30,600 <EPS-BASIC> 0.26 <EPS-DILUTED> 0.26