<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS OF COSTILLA ENERGY, INC. FOR THE QUARTER ENDED JUNE 30, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 10-Q </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 3,054 <SECURITIES> 0 <RECEIVABLES> 9,945 <ALLOWANCES> 842 <INVENTORY> 0 <CURRENT-ASSETS> 11,902 <PP&E> 180,315 <DEPRECIATION> 86,316 <TOTAL-ASSETS> 113,610 <CURRENT-LIABILITIES> 47,687 <BONDS> 181,665 <PREFERRED-MANDATORY> 0 <PREFERRED> 5 <COMMON> 1,410 <OTHER-SE> (117,157) <TOTAL-LIABILITY-AND-EQUITY> 113,610 <SALES> 25,052 <TOTAL-REVENUES> 25,319 <CGS> 10,718 <TOTAL-COSTS> 12,249 <OTHER-EXPENSES> 74,262 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,547 <INCOME-PRETAX> (71,739) <INCOME-TAX> 0 <INCOME-CONTINUING> (71,739) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (71,739) <EPS-BASIC> (5.42) <EPS-DILUTED> (5.42)