<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM BALANCE SHEET AS OF MARCH 31, 1998, AND STATEMENT OF INCOME FOR THREE MONTHS ENDED MARCH 31, 1998. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1 <CASH> 33,946 <SECURITIES> 5,876 <RECEIVABLES> 61,381 <ALLOWANCES> 961 <INVENTORY> 5,217 <CURRENT-ASSETS> 110,512 <PP&E> 1,787,412 <DEPRECIATION> 891,262 <TOTAL-ASSETS> 1,065,335 <CURRENT-LIABILITIES> 179,674 <BONDS> 654,013 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,001 <OTHER-SE> 220,096 <TOTAL-LIABILITY-AND-EQUITY> 1,065,335 <SALES> 76,765 <TOTAL-REVENUES> 76,989 <CGS> 322,801 <TOTAL-COSTS> 333,489 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 604 <INTEREST-EXPENSE> 10,688 <INCOME-PRETAX> (256,500) <INCOME-TAX> 0 <INCOME-CONTINUING> (256,500) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (256,500) <EPS-PRIMARY> (3.19) <EPS-DILUTED> (3.19)