<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <CASH> 37,634 <SECURITIES> 0 <RECEIVABLES> 97,232 <ALLOWANCES> 0<F1> <INVENTORY> 35,091 <CURRENT-ASSETS> 280,511 <PP&E> 1,872,086 <DEPRECIATION> 0<F1> <TOTAL-ASSETS> 2,303,803 <CURRENT-LIABILITIES> 428,538 <BONDS> 775,462 <COMMON> 112,053 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 593,465 <TOTAL-LIABILITY-AND-EQUITY> 2,303,803 <SALES> 0 <TOTAL-REVENUES> 204,131 <CGS> 0 <TOTAL-COSTS> 147,918 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 21,066 <INCOME-PRETAX> 36,525 <INCOME-TAX> 14,555 <INCOME-CONTINUING> 21,970 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 21,970 <EPS-PRIMARY> .62 <EPS-DILUTED> 0 <FN> <F1>Not separately provided for in interim document. </FN>