<SUBMISSION>
<ACCESSION-NUMBER>0001028269-98-000062
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>19980615
<FILING-DATE>19980714
<SROS>NASD
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>US ENERGY CORP
<CIK>0000101594
<ASSIGNED-SIC>1000
<IRS-NUMBER>830205516
<STATE-OF-INCORPORATION>WY
<FISCAL-YEAR-END>0531
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-06814
<FILM-NUMBER>98665482
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>877 NORTH 8TH WEST
<STREET2>GLEN L LARSEN BLDG
<CITY>RIVERTON
<STATE>WY
<ZIP>82501
<PHONE>3078569271
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>877 NORTH 8TH WEST
<CITY>RIVERTON
<STATE>WY
<ZIP>82501
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>WESTERN STATES MINING INC
<DATE-CHANGED>19851229
</FORMER-COMPANY>
</SUBJECT-COMPANY>
<REPORTING-OWNER>
<COMPANY-DATA>
<CONFORMED-NAME>LORIMER R SCOTT
<CIK>0001065876
<ASSIGNED-SIC>
<RELATIONSHIP>OFFICER
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>4
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>877 NORTH 8TH WEST
<CITY>RIVERTON
<STATE>WY
<ZIP>82501
<PHONE>3078569271
</BUSINESS-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<DESCRIPTION>FORM 4 -     JUNE 1998
<TEXT>

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
       LORIMER, ROBERT SCOTT
       877 NORTH 8TH WEST
       RIVERTON, WY  82501
   USA
2. Issuer Name and Ticker or Trading Symbol
       U.S. ENERGY CORP.
       USEG
3. IRS or Social Security Number of Reporting Person (Voluntary)
   
4. Statement for Month/Year
       JUNE 1998
5. If Amendment, Date of Original (Month/Year)
   
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director (X) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   TREASURER, VICE PRESIDENT FINANCE, CFO
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |385                |D     |                           |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |17,233             |D (a) |                           |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |19,715             |I (b) |ESOP BENEF.                |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |175,000            |I (c) |BY SGMC                    |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |125,556            |I (d) |BY PLATEAU                 |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |512,359            |I (e) |BY CRESTED                 |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |12,612             |I (f) |BY RUBY                    |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.01 PAR VALUE COMMON S|N/A   |    | |NONE              |   |N/A        |1,581              |I (g) |BY NWG                     |
TOCK                       |      |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
STOCK OPTION (RIGHT TO|$2.75/SH|N/A  |    | |-0- -0-    |A,D|05/01|04/30|COMMON STOCK|29,700 |N/A    |29,700      |D  |            |
 BUY)                 |        |     |    | |           |   |/92  |/02  |            |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
STOCK OPTION (RIGHT TO|$6.00/SH|06/15|J (h| |150,000    |A  |06/15|06/15|COMMON STOCK|150,000|N/A    |150,000     |D  |            |
 BUY)                 |        |/98  |)   | |           |   |/98  |/08  |            |       |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
a)	Consists of 15,120 shares and 2,113 shares subject to forfeiture by the 
Reporting person.  The 15,120 shares, issued under the USEG 
Restricted Stock Bonus Plan, are deemed "earned out" by the Reporting Person:  
(i) if he is continuously employed by U.S. Energy Corp. until he 
retires; (ii) if he becomes totally disabled; (iii) upon his death, or (iv) if 
the shares are claimed within three years following the occurrence of (i), (ii) 
or 
(iii). The 2,113 shares, issued under the 1996 Stock Award Program vest over a 
5 year period at the rate of 20% per year and are subject to the 
forfeiture conditions noted previously.  The treasurer of USEG holds the shares 
in trust for the benefit of the Reporting Person, while the 
non-employee directors of USEG exercise shared voting and dispositve rights 
over all 17,233 shares.  The shares do not come under the control of 
the Reporting Person until termination of employment.  The total number of 
shares is presently reported; distributions to the Reporting Person will not 
be separately reported.  The acquisitions of the shares by the Reporting Person 
from both the Bonus Plan and the Award Program are exempt under 
Rule 
16-b3.
b)   Consists of shares held in the U.S. Energy Corp. Employee Stock Ownership 
Plan (the"ESOP") in an account established for the benefit of the 
Reporting 
Person.
c)   Consists of shares held by Sutter Gold Mining Company ("SGMC"), a 
subsidiary of USEG.  The Reporting person is an officer of both USEG and 
SGMC.  The Reporting Person is not a controlling shareholder of SGMC, and 
therefore the Reporting Person does not have a pecuniary interest in the 
USEG shares held by SGMC, under Rule 
16a-1(a)(2)(iii).
d)   Consists of shares held by Plateau Resources Limited ("Plateau"), a 
wholly-owned subsidiary of USEG.  The Reporting Person is an officer of 
both USEG and Plateau.  The Reporting Person is not a controlling shareholder 
of Plateau, and therefore the Reporting Person does not have a 
pecuniary interest in the USEG shares held by Plateau, under Rule 
16a-1(a)(2)(iii).
e)   Consists of shares held by Crested Corp. ("Crested"), a majority-owned 
subsidiary of USEG.  The Reporting Person is an officer of both USEG 
and Crested.  The Reporting Person is not a controlling shareholder of Crested, 
and therefore the Reporting Person does not have a pecuniary interest 
in the USEG shares held by Crested, under Rule 
16a-1(a)(2)(iii).
f)   Consists of shares held by Ruby Mining Company ("Ruby"), a subsidiary of 
USEG.  The Reporting Person is an officer of both USEG and Ruby.  
The Reporting Person is not a controlling shareholder of Ruby, and therefore 
the Reporting Person does not have a pecuniary interest in the USEG 
shares held by Ruby, under Rule 
16a-1(a)(2)(iii).
g)   Consists of shares held by Northwest Gold, Inc. ("NWG"), a subsidiary of 
USEG.  The Reporting Person is an officer of both USEG and NWG.  The 
Reporting Person is not a controlling shareholder of NWG, and therefore the 
Reporting Person does not have a pecuniary interest in the USEG shares 
held by NWG, under Rule 
16a-1(a)(2)(iii).
h)    Granted by board of directors of issuer for no 
consideration.
NOTE:   Pursuant to SEC Rule 16a-1(a)(2), information on Plateau, SGMC, 
Crested, Ruby and NWG is not required, however, Registrant has
             undertaken comprehensive disclosure and reports shares held by 
Plateau, SGMC, Crested, Ruby and NWG as indirectly owned by
             the  Reporting 
Person.
             The Reporting Person disclaims beneficial and pecuniary interest 
in the shares reported under footnotes c, d, e, f, g, and h.
SIGNATURE OF REPORTING PERSON
       /s/   Robert Scott Lorimer
DATE
        07/13/98

</TEXT>
</DOCUMENT>
</SUBMISSION>
