<ARTICLE> 5 <CIK> 0000915767 <NAME> THE HELICON GROUP, L.P. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 3,201 <SECURITIES> 0 <RECEIVABLES> 1,079 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,888 <PP&E> 93,382 <DEPRECIATION> (57,468) <TOTAL-ASSETS> 69,757 <CURRENT-LIABILITIES> 8,576 <BONDS> 144,874 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (84,137) <TOTAL-LIABILITY-AND-EQUITY> 69,757 <SALES> 0 <TOTAL-REVENUES> 49,657 <CGS> 0 <TOTAL-COSTS> 40,497 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,409 <INCOME-PRETAX> (6,184) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,184) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,184) <EPS-PRIMARY> 0 <EPS-DILUTED> 0