<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 157,967 <SECURITIES> 0 <RECEIVABLES> 2,871,689 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,124,154 <PP&E> 107,432,076 <DEPRECIATION> 58,132,144 <TOTAL-ASSETS> 53,082,819 <CURRENT-LIABILITIES> 2,437,196 <BONDS> 451,286 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 50,066,337 <TOTAL-LIABILITY-AND-EQUITY> 53,082,819 <SALES> 4,968,779 <TOTAL-REVENUES> 5,106,714 <CGS> 564,383 <TOTAL-COSTS> 2,774,752 <OTHER-EXPENSES> 59,083 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 71,733 <INCOME-PRETAX> 2,272,879 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,272,879 <EPS-PRIMARY> .36 <EPS-DILUTED> 0