<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 16,925 <SECURITIES> 0 <RECEIVABLES> 327,806 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 382,736 <PP&E> 1,995,537 <DEPRECIATION> 1,112,890 <TOTAL-ASSETS> 1,291,937 <CURRENT-LIABILITIES> 393,938 <BONDS> 266,235 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28,858 <OTHER-SE> 381,757 <TOTAL-LIABILITY-AND-EQUITY> 1,291,937 <SALES> 0 <TOTAL-REVENUES> 1,500,963 <CGS> 0 <TOTAL-COSTS> 1,500,700 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,055 <INCOME-PRETAX> (11,396) <INCOME-TAX> 836 <INCOME-CONTINUING> (12,232) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,232) <EPS-PRIMARY> (.44) <EPS-DILUTED> (.44)