<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM APPLICABLE FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 5,532 <SECURITIES> 0 <RECEIVABLES> 58,983 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 79,035 <PP&E> 1,246,448 <DEPRECIATION> (748,034) <TOTAL-ASSETS> 612,938 <CURRENT-LIABILITIES> 83,400 <BONDS> 231,315 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,271 <OTHER-SE> 244,580 <TOTAL-LIABILITY-AND-EQUITY> 612,938 <SALES> 0 <TOTAL-REVENUES> 123,074 <CGS> 0 <TOTAL-COSTS> 134,727 <OTHER-EXPENSES> 14 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,024 <INCOME-PRETAX> (21,329) <INCOME-TAX> 1,572 <INCOME-CONTINUING> (29,433) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (29,433) <EPS-PRIMARY> (.23) <EPS-DILUTED> (.23)