<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF KEY ENERGY SERVICES, INC. (FORMERLY "KEY
ENERGY GROUP, INC.") AS OF AND FOR THE YEAR ENDED JUNE 30, 1999, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH CONSOLIDATED FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               JUN-30-1999
<CASH>                                          23,478
<SECURITIES>                                         0
<RECEIVABLES>                                   98,788
<ALLOWANCES>                                     6,790
<INVENTORY>                                     12,742
<CURRENT-ASSETS>                               132,543
<PP&E>                                         871,940
<DEPRECIATION>                                 102,378
<TOTAL-ASSETS>                               1,148,138
<CURRENT-LIABILITIES>                           73,151
<BONDS>                                        683,724
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         8,317
<OTHER-SE>                                     279,777
<TOTAL-LIABILITY-AND-EQUITY>                 1,148,138
<SALES>                                              0
<TOTAL-REVENUES>                               488,569
<CGS>                                                0
<TOTAL-COSTS>                                  368,180
<OTHER-EXPENSES>                               125,993
<LOSS-PROVISION>                                 5,928
<INTEREST-EXPENSE>                              67,401
<INCOME-PRETAX>                               (78,933)
<INCOME-TAX>                                    25,675
<INCOME-CONTINUING>                           (53,258)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (53,258)
<EPS-BASIC>                                     (1.94)
<EPS-DILUTED>                                   (1.94)