13.  OIL AND GAS RESERVE DATA (UNAUDITED)

The following table, based on information prepared by
independent petroleum engineers, summarizes changes in the
estimates of the Company's net interest in total proved reserves
of crude oil and condensate and natural gas, all of which are
domestic reserves:
                                          Oil       Gas    
                                         (BBLS)    (MCF)  

Balance, January 1, 1994                  23,000    1,495,000
Sale of minerals in place                   -         (70,000)
Revisions of previous estimates          (10,000)    (155,000)
Production                                (3,000)    (100,000)
Balance, December 31, 1994 (1)            10,000    1,170,000
        Purchase of minerals in place     30,000      245,000
Conveyance of minerals in place to limited             
partnership                              (25,000)    (796,000)
Revisions of estimates                    (2,000)    (363,000)
Production                                (2,000)     (75,000)
Balance, December 31, 1995 (1)            11,000      181,000 

(1)  The reserves are all classified as proved developed.


     FUTURE PETROLEUM CORPORATION

     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Company's proportional interest in the reserves
of investee accounted for by the equity method -
December 31, 1995:

Total                    102,000   1,039,000

Proved Developed          83,000     887,000


Proved oil and gas reserves are the estimated quantities of crude
oil, condensate and natural gas which geological and engineering
data demonstrate with reasonable certainty to be recoverable in
future years from known reservoirs under existing economic and
operating conditions.  Proved developed oil and gas reserves are
reserves that can be expected to be recovered through existing
wells with existing equipment and operating methods.  The above
estimated net interests in  proved reserves are based upon
subjective engineering judgments and may be affected by the
limitations inherent in such estimation.  The process of
estimating reserves is subject to continual revision as
additional information becomes available as a result of drilling,
testing, reservoir studies and production history.  There can be
no assurance that such estimates will not be materially revised
in subsequent periods.

14.  STANDARDIZED MEASURE OF CHANGES IN FUTURE NET REVENUES
(UNAUDITED)

The standardized measure of discounted future net cash flows at
December 31, 1995 and 1994 relating to proved oil and gas
reserves is set forth below.  The assumptions used to compute the
standardized measure are those prescribed by the Financial
Accounting Standards Board and as such, do not necessarily
reflect the Company's expectations of actual revenues to be
derived from those reserves nor their present worth.  The
limitations inherent in the reserve quantity estimation process
are equally applicable to the standardized measure computations
since these estimates are the basis for the valuation process.

                                                      YEAR ENDED DECEMBER 31,  
                                               1995                1994   
Future cash inflows                            $   506,000         $2,274,000
Future production costs                           (345,000)          (758,000)
Future income tax expense                          (27,000)          (107,000)

Future net cash flows                              134,000          1,409,000
    
10% annual discount for estimated timing
of cash flows                                      (34,000)          (437,000) 

Standardized measure of discounted future
net cash flows                                $    100,000         $  972,000   

Company's share of equity method investee's
standardized measure of discounted future
net cash flows                                $    888,000         $   --       


Future net cash flows were computed using year-end prices and
costs, and year-end statutory tax rates (adjusted for permanent
differences) that relate to existing proved oil and gas reserves
at year-end.  The following are the principal sources of change
in the standardized measure of discounted future net cash flows:

                                                      
     FUTURE PETROLEUM CORPORATION

     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


                                                      YEAR ENDED DECEMBER 31,
                                                    1995          1994    

Sales of oil and gas produced, net of
production costs                                   $ (22,000)     $  (46,000)
Purchase of minerals in place                        238,000            -
Net changes in prices and production costs          (133,000)        (51,000)
Conveyance of minerals in place to limited
partnership                                         (649,000)           -      

Sale of minerals in place                              -             (65,000)
Revisions of previous quantity estimates            (463,000)        (283,000)
Accretion of discount                                 97,000           92,000
Net change in income taxes                            60,000          407,000 
                                            
Net change                                          (872,000)          54,000
               

Balance, beginning of year                           972,000          918,000

Balance, end of year                              $  100,000       $  972,000