<ARTICLE> 5
<LEGEND>
Financial Data Schedule
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                           9,599
<SECURITIES>                                         0
<RECEIVABLES>                                    6,315
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                18,885
<PP&E>                                         526,324
<DEPRECIATION>                               (312,358)
<TOTAL-ASSETS>                                 243,702
<CURRENT-LIABILITIES>                          300,411
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,854
<OTHER-SE>                                    (70,640)
<TOTAL-LIABILITY-AND-EQUITY>                   243,702
<SALES>                                         26,761
<TOTAL-REVENUES>                                26,671
<CGS>                                                0
<TOTAL-COSTS>                                   17,893
<OTHER-EXPENSES>                                 1,891
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              24,768
<INCOME-PRETAX>                               (17,791)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (17,791)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (17,791)
<EPS-PRIMARY>                                    (.62)
<EPS-DILUTED>                                    (.62)