-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Wjo6ipc1aZoXokGsw6e289kHzzIIRb7CErzpYOkQG8faNZvZvIE2/BMNwpODOPBC
 QHsJirMYeq1qltFHFdIvGw==

<SEC-DOCUMENT>0000806085-99-000036.txt : 19990215
<SEC-HEADER>0000806085-99-000036.hdr.sgml : 19990215
ACCESSION NUMBER:		0000806085-99-000036
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19990212

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TATHAM OFFSHORE INC
		CENTRAL INDEX KEY:			0000913358
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL AND GAS FIELD EXPLORATION SERVICES [1382]
		IRS NUMBER:				760269967
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-46955
		FILM NUMBER:		99533638

	BUSINESS ADDRESS:	
		STREET 1:		7400 TEXAS COMMERCE TOWER
		STREET 2:		600 TRAVIS ST
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		7132247400

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEHMAN BROTHERS HOLDINGS INC
		CENTRAL INDEX KEY:			0000806085
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				133216325
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TWR
		STREET 2:		3 WORLD FINANCIAL CNTR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10285
		BUSINESS PHONE:		2125267000

	MAIL ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TOWER 15TH FL
		STREET 2:		2 WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN HUTTON HOLDINGS INC
		DATE OF NAME CHANGE:	19901017
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<DESCRIPTION>TATHAM OFFSHORE INC.
<TEXT>

                         
                         Lehman Brothers Holdings Inc.
                      3 World Financial Center, 24th Floor
                               New York, NY 10285


                          OFFICE OF THE GENERAL COUNSEL


                                                      February 12, 1999


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Attn:  Document Control--EDGAR


                                Re: SCHEDULE 13G


Dear Commissioner:

         On behalf of Lehman Brothers  Holdings Inc. (the  "Reporting  Person"),
submitted  in  electronic  form for filing,  is a Schedule  13G  relating to the
Reporting Person's ownership of the Common Stock of Tatham Offshore Inc.

         If you have any questions  regarding  this filing,  please  contact the
undersigned at (212) 526-1936.


                                                      Very truly yours,

                                                      /s/ Jennifer Marre
                                                      -------------------
                                                      Jennifer Marre
                                                      Vice President and
                                                      Secretary


Enclosure

cc: Tatham Offshore Inc.
    National Association of
     Securities Dealers, Inc.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----