
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE U.S. ENERGY
CORP. FORM 10-K FOR THE YEAR ENDED MAY 31, 1998 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000101594
<NAME> U.S. ENERGY CORP.
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-START>                             JUN-01-1997
<PERIOD-END>                               MAY-31-1998
<CASH>                                       5,650,500
<SECURITIES>                                         0
<RECEIVABLES>                                7,466,900
<ALLOWANCES>                                  (30,900)
<INVENTORY>                                    113,700
<CURRENT-ASSETS>                            14,301,000
<PP&E>                                      31,256,600
<DEPRECIATION>                              11,806,300
<TOTAL-ASSETS>                              45,019,100
<CURRENT-LIABILITIES>                        6,062,100
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        75,200
<OTHER-SE>                                  17,378,300
<TOTAL-LIABILITY-AND-EQUITY>                45,019,100
<SALES>                                      4,763,300
<TOTAL-REVENUES>                            11,558,500
<CGS>                                        3,123,100
<TOTAL-COSTS>                                6,494,400
<OTHER-EXPENSES>                             1,500,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              76,000
<INCOME-PRETAX>                              (983,200)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (983,200)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (983,200)
<EPS-PRIMARY>                                    (.15)
<EPS-DILUTED>                                    (.15)
        

</TABLE>
