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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 ZNodNRp/9XyiSBSWOs/QBQ==

<SEC-DOCUMENT>0000893538-07-000024.txt : 20070228
<SEC-HEADER>0000893538-07-000024.hdr.sgml : 20070228
<ACCEPTANCE-DATETIME>20070228103256
ACCESSION NUMBER:		0000893538-07-000024
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061231
FILED AS OF DATE:		20070228
DATE AS OF CHANGE:		20070228

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ST MARY LAND & EXPLORATION CO
		CENTRAL INDEX KEY:			0000893538
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				410518430
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1776 LINCOLN ST STE 700
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203
		BUSINESS PHONE:		303-861-8140

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHUYLER JERRY R
		CENTRAL INDEX KEY:			0001277436

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31539
		FILM NUMBER:		07655607

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2816772800

	MAIL ADDRESS:	
		STREET 1:		C/O ST MARY LAND & EXPLORATION
		STREET 2:		580 WESTLAKE PARK BLVD #600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77079
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>schuyler31december06form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2006-12-31</periodOfReport>

    <dateOfOriginalSubmission>2007-01-18</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000893538</issuerCik>
        <issuerName>ST MARY LAND &amp; EXPLORATION CO</issuerName>
        <issuerTradingSymbol>SM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001277436</rptOwnerCik>
            <rptOwnerName>SCHUYLER JERRY R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ST MARY LAND &amp; EXPLORATION</rptOwnerStreet1>
            <rptOwnerStreet2>580 WESTLAKE PARK BLVD #600</rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77079</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr. VP &amp; Regional Manager</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock; $.01 Par Value</value>
            </securityTitle>
            <transactionDate>
                <value>2006-12-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>236</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>31.314</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1718</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Mr. Schuyler purchased 236 shares of the issuer's common stock on December 31, 2006, through the issuer's Employee Stock
 Purchase Plan.  The number of shares purchased was reported incorrectly on the original Form 4.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Karin M. Writer (Attorney-In-Fact)</signatureName>
        <signatureDate>2007-02-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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