<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REMINGTON
OIL AND GAS CORPORATION'S FORM 10-K FOR THE ANNUAL PERIOD ENDED DECEMBER 31,
1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
       
                                                  
<PERIOD-TYPE>                    12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-START>                             JAN-01-1997             JAN-01-1996
<PERIOD-END>                               DEC-31-1997             DEC-31-1996
<CASH>                                           4,552                   2,997
<SECURITIES>                                         0                  32,678
<RECEIVABLES>                                   12,185                   8,549
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                18,855                  46,185
<PP&E>                                         223,281                 190,477
<DEPRECIATION>                                 144,548                 116,371
<TOTAL-ASSETS>                                  98,515                 136,599
<CURRENT-LIABILITIES>                           15,857                   7,166
<BONDS>                                         38,371                  55,077
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                        20,803                  20,803
<OTHER-SE>                                      23,484                  53,553
<TOTAL-LIABILITY-AND-EQUITY>                    98,515                 136,599
<SALES>                                         57,304                  65,606
<TOTAL-REVENUES>                                61,053                  70,210
<CGS>                                           52,012                  61,400
<TOTAL-COSTS>                                   67,937                  74,747
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               5,283                   4,895
<INCOME-PRETAX>                               (12,167)                 (9,432)
<INCOME-TAX>                                    14,623                 (1,770)
<INCOME-CONTINUING>                           (26,790)                 (7,662)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (26,790)                 (7,662)
<EPS-PRIMARY>                                   (1.31)                  (0.37)
<EPS-DILUTED>                                   (1.31)                  (0.37)