<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 28,321 <SECURITIES> 0 <RECEIVABLES> 80,904 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 123,138 <PP&E> 1,067,583 <DEPRECIATION> 131,188 <TOTAL-ASSETS> 2,367,921 <CURRENT-LIABILITIES> 180,001 <BONDS> 720,164 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 866 <OTHER-SE> 1,109,055 <TOTAL-LIABILITY-AND-EQUITY> 2,367,921 <SALES> 0 <TOTAL-REVENUES> 519,551 <CGS> 0 <TOTAL-COSTS> 374,609 <OTHER-EXPENSES> (23,164) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36,656 <INCOME-PRETAX> 141,376 <INCOME-TAX> 55,098 <INCOME-CONTINUING> 86,278 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 86,278 <EPS-PRIMARY> 0.99 <EPS-DILUTED> 0.98