TESCO CORP
SC 13G, 1998-07-31
OIL & GAS FIELD MACHINERY & EQUIPMENT
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                       SECURITIES & EXCHANGE COMMISSION
                           Washington, D.C. 20549
                           ______________________

                                 SCHEDULE 13G*
                                (Rule 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED 
                              PURSUANT TO 13d-2(b)

		                Tesco Corporation
                               (Name of Issuer)

	                 		Common Stock
                        (Title of Class of Securities)

                                  88157K101
                                (CUSIP Number)
			
                               Conversion from 13D to 13G
            (Date of event which requires filing of this statement)


     Check the appropriate box to designate the rule pursuant to which this 
Schedule 13G is filed:
     [ ]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [ ]  Rule 13d-1(d)





                           (Page 1 of 14 Pages)
________________
     *The remainder of this cover page shall be filled out for a reporting 
person's initial filing on this form with respect to the subject class of 
securities, and for any subsequent amendment containing information which 
would alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be 
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act 
of 1934 ("Act") or otherwise subject to the liabilities of that section of the 
Act but shall be subject to all other provisions of the Act (however, see the 
Notes)

CUSIP No. 88157K101                 13G                    Page 2 of 19 Pages

____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                            Centennial Energy Partners, L.P.
	13-3793743				
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                1,294,470
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                1,294,470
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                1,294,470
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                4.14%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 88157K101                 13G                    Page 3 of 19 Pages

____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Tercentennial Energy Partners, L.P.
	13-3877256
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          Delaware
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 772,460
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 772,460
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 772,460
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                2.47%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 88157K101                 13G                    Page 4 of 19 Pages

____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Quadrennial Partners, L.P.
	13-3883223
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          Delaware
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                199,450
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                199,450
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                199,450
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                0.64%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
_____________________________________________________________________________
	** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 5 of 19 Pages
____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Centennial Management, L.L.C.
	13-4001634
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          Delaware
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                               329,690
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                               329,690
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                               329,690
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                1.05%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
	 OO
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 6 of 19 Pages
____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Joseph H. Reich & Co., Inc.
	13-3432270
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          New York
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                -0-
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                72,280
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                72,280
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                0.23%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 CO
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 7 of 19 Pages
____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Centennial Energy Partners, L.L.C.
	13-3961810
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          Delaware
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                2,266,380
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                2,266,380
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                2,266,380
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                7.25%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 OO
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 8 of 19 Pages
____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Pumpkin Foundation
	13-6279814
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          New York
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                41,012
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                41,012
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                41,012
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                0.13%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 OO
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 9 of 19 Pages
____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Xanadu Partners
	13-3400414
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          New York
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                38,349
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                38,349
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                38,349
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                0.12%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 10 of 19 Pages

____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Joseph H. Reich
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          United States
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                52,522
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                2,637,082
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                52,522

REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                2,709,362
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                2,761,884
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                8.83%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP No. 88157K101                 13G                    Page 11 of 19 Pages

____________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           Peter K. Seldin
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          United States
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                16,083
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                2,596,070
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                16,083
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                2,668,350
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                2,684,433
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                8.58%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101                 13G                    Page 12 of 19 Pages
________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                           G. Bryan Dutt
_____________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                  (a)  [ ] 
                                                                  (b)  [X] 
_____________________________________________________________________________
     (3)    SEC USE ONLY 
_____________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                          United States
_____________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                761
SHARES         ______________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                2,596,070
OWNED BY       ___________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                761
REPORTING      ______________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                2,668,350
_____________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                2,669,111
_____________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                8.53%
_____________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
_____________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No. 88157K101               13G                    Page 13 of 19 Pages

Item 1(a).     Name of Issuer:

     The name of the issuer is Tesco Corporation.

Item 1(b).     Address of Issuer's Principal Executive Offices:

     The Company's principal executive offices are located at 350 - 7th Avenue 
S.W., 36th floor, Calgary, Alberta, Canada T2P349

Item 2(a).     Name of Person Filing:

     This statement is filed by:
          (i) Centennial Energy, L.P. ("Centennial") a Delaware limited 
              partnership with respect to the shares of Common 
              Stock directly owned by it;
	   (ii) Tercentennial Energy Partners, L.P. ("Tercentennial") a Delaware 	
	        limited partnership with respect to the shares of Common 
              Stock directly owned by it;
        (iii) Quadrennial Partners, L.P. ("Quadrennial") a Delaware 		          
limited partnership with respect to the shares of Common 
              Stock directly owned by it;
	   (iv) Centennial Management, L.L.C., ("Management") a limited liability    
	        company organized under the laws of the State of Delaware, 
with respect to the shares of Common Stock held by Centennial          
Overseas Fund Ltd. ("Overseas"), a fund managed by Management 
under an investment management agreement; 
 	    (v) Joseph H. Reich & Co., Inc. ("JHR&Co.") a New York corporation, 
with respect to the shares of Common Stock directly held in a 
discretionary account("Managed Account") managed by JHR & Co.;
  (vi) Centennial Energy Partners, L.L.C., ("Energy") a limited 
liability company organized under the laws of the State of 
Delaware, with respect to the shares of Common Stock directly 
owned by each of the entities named in (i) through (iii) above; 
	  (vii) Pumpkin Foundation ("Pumpkin"), a New York charitable trust, 
with respect to the shares of Common Stock directly owned by it; 
 (viii) Xanadu Partners, ("Xanadu"), a New York general partnership, with     
respect to the shares of Common Stock directly owned by it;
   (ix) Joseph H. Reich, with respect to the shares of Common Stock owned 
by him, such shares owned in an Individual Retirement Account and 
by each of the entities named in (iv) through (viii);	
    (x) Peter K. Seldin, with respect to the shares of Common Stock owned 
directly by him and by each of the entities named in (iv) through 
(vi);
   (xi) G. Bryan Dutt, with respect to the shares of Common Stock owned 
directly by him and by each of the entities named in (iv) through 
(vi);


Neither Management, Energy nor JHR & Co. own any shares of Common 
Stock directly.
              The foregoing persons are hereinafter sometimes
              collectively referred to as the "Reporting Persons."


Item 2(b).     Address of Principal Business Office or, if None, Residence:

     The address of the business office of each of the Reporting Persons is 
     900 Third Ave. Suite 1801, New York, New York 10022.

Item 2(c).     Citizenship:

     Centennial, Tercentennial and Quadrennial are limited partnerships        
	organized under the laws of the State of Delaware.
Management and Energy are limited liability companies organized under the      
laws of the State of Delaware.
JHR & Co. is a corporation organized under the laws of the State of New         
York.
Pumpkin is a charitable trust organized under the laws of the State of New      
York.
Xanadu is a general partnership organized under the laws of the State of 
New York.
Joseph H. Reich, Peter K. Seldin and G. Bryan Dutt are United States 
citizens.

Item 2(d).     Title of Class of Securities:

     Common Stock par value $.01 per share (the "Common Stock")


Item 2(e).  CUSIP Number: 88157K101


Item 3.  If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or 
(c), check whether the person filing is a:

          (a) [ ]   Broker or dealer registered under Section 15 of the
                    Act,

          (b) [ ]   Bank as defined in Section 3(a)(6) of the Act,

          (c) [ ]   Insurance Company as defined in Section 3(a)(19) of
                    the Act,

          (d) [ ]   Investment Company registered under Section 8 of the
                    Investment Company Act of 1940,

          (e) [ ]   Investment Adviser registered under Section 203 of the
                    Investment Advisers Act of 1940,

          (f) [ ]   Employee Benefit Plan or Endowment Fund in accordance with
                    13d-1 (b)(1)(ii)(F),

          (g) [ ]   Parent Holding Company or control person in accordance 
                    with Rule 13d-1 (b)(ii)(G),

          (h) [ ]   Savings Associations as defined in Section 3(b) of the
                    Federal Deposit Insurance Act,
                   
          (i) [ ]   Church Plan that is excluded from the definition of an
                    investment company under Section 3(c)(14) of the 
                    Investment Company Act of 1940,

          (j) [ ]   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Not applicable.


Item 4.   Ownership.

A. Centennial Energy, L.P.
              (a) Amount beneficially owned: 1,294,470
              (b) Percent of class: 4.14% The percentages used herein and in
                  the rest of Item 4 are calculated based upon their being 
                  31,275,764 shares of Common Stock outstanding as reported  
by the Company as of May 31, 1998.  This information was 
provided by the Company over the telephone. 
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 1,294,470
               (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the disposition: 1,294,470

B. Tercentennial Energy Partners, L.P.
              (a) Amount beneficially owned: 772,460
              (b) Percent of class: 2.47%  
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 772,460
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition: 772,460

C. Quadrennial Partners, L.P.
              (a) Amount beneficially owned: 199,450
              (b) Percent of class: 0.64%  
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 199,450
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition: 199,450

D. Centennial Management Partners, L.L.C.
              (a) Amount beneficially owned: 329,690
              (b) Percent of class: 1.05%  
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 329,690
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition: 329,690

E. Joseph H. Reich & Co.
              (a) Amount beneficially owned: 72,280
              (b) Percent of class: 0.23%  
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: -0-
               (iii) Sole power to dispose or direct the disposition: -0-
                (iv) Shared power to dispose or direct the disposition: 72,280

F. Centennial Energy Partners, L.L.C.
              (a) Amount beneficially owned: 2,266,380
              (b) Percent of class: 7.25%  
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 2,266,380
               (iii) Sole power to dispose or direct the disposition: -0-
        (iv) Shared power to dispose or direct the disposition: 2,266,380

G. Pumpkin Foundation 
              (a) Amount beneficially owned: 41,012
              (b) Percent of class: 0.13% 
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 41,012
               (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 41,012

H. Xanadu Partners 
              (a) Amount beneficially owned: 38,349
              (b) Percent of class: 0.12% 
              (c)(i) Sole power to vote or direct the vote: -0-
                (ii) Shared power to vote or direct the vote: 38,349
               (iii) Sole power to dispose or direct the disposition: -0-
               (iv) Shared power to dispose or direct the disposition: 38,349

I. Joseph H. Reich 
              (a) Amount beneficially owned: 2,761,884
              (b) Percent of class: 8.83% 
              (c)(i) Sole power to vote or direct the vote: 52,522
                (ii) Shared power to vote or direct the vote: 2,637,082
               (iii) Sole power to dispose or direct the disposition: 52,522
               (iv) Shared power to dispose or direct the disposition:2,709,362

J. Peter K. Seldin 
              (a) Amount beneficially owned: 2,684,433
              (b) Percent of class: 8.58% 
              (c)(i) Sole power to vote or direct the vote: 16,083
                (ii) Shared power to vote or direct the vote: 2,596,070
               (iii) Sole power to dispose or direct the disposition: 16,083
               (iv) Shared power to dispose or direct the disposition:2,668,350

K. G. Bryan Dutt
              (a) Amount beneficially owned: 2,669,111
              (b) Percent of class: 8.53% 
              (c)(i) Sole power to vote or direct the vote: 761
                (ii) Shared power to vote or direct the vote: 2,596,070
               (iii) Sole power to dispose or direct the disposition: 761
               (iv) Shared power to dispose or direct the disposition:2,668,350



Item 5.     Ownership of Five Percent or Less of a Class.

     Not applicable.


Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

	Management, as administrator and manager to Overseas has the power to 
dispose of and the power to vote the shares of Common Stock beneficially owned 
by Overseas.  JHR & Co., has the power to dispose of the shares of Common Stock 
held by it in the Managed Account, which power may be exercised by the 
employees of JHR & Co. who have investment authority.  Pursuant to an 
investment management agreement, the Managed Account client retains the right 
to vote the shares of Common Stock held in the Managed Account.  Energy, the 
general partner of Centennial, Tercentennial and Quadrennial has the power to 
dispose of and the power to vote the shares of Common Stock beneficially owned 
by each of the foregoing.  Joseph H. Reich, as the Managing Member of 
Management and Energy, has the power to vote and dispose of the Common Stock 
beneficially held by Management and Energy; as President of JHR & Co. has the 
power to dispose of the shares of the discretionary account; as Trustee of 
Pumpkin has the power to dispose of and the power to vote the shares of Common 
Stock beneficially owned by it; and as Managing General Partner of Xanadu has 
the power to dispose of and vote  the Common Stock beneficially owned by it.  
Peter K. Seldin is a non- managing member of Management and Energy who has been 
delegated the authority to vote and dispose the shares of Management and 
Energy; as Vice President of JHR & Co. has the power to dispose of the shares 
of Common Stock held by it in a discretionary account.  G. Bryan Dutt is a non-
managing member of Management and Energy who has been delegated the authority 
to vote and dispose the shares of Management and Energy; as Investment Manager 
of JHR & Co. has the power to dispose of the shares of Common Stock held by it 
in a discretionary account.


Item 7.     Identification and Classification of the Subsidiary Which Acquired 
the Security Being Reported on by the Parent Holding Company.

     Not applicable.


Item 8.  Identification and Classification of Members of the Group.

     Not applicable.



CUSIP No. 88157K101                 13G                    Page 18 of 19 Pages

Item 9.  Notice of Dissolution of Group.

     Not applicable.


Item 10.  Certification.

     Each of the Reporting Persons hereby makes the following certification:

          By signing below I certify that, to the best of my knowledge and 
belief, the securities referred to above were not acquired and are not held 
for the purpose of or with the effect of changing or influencing the control 
of the issuer of the securities and were not acquired and are not held in 
connection with or as a participant in any transaction having that purpose or 
effect.


CUSIP No. 88157K101                   13G                     Page 19 of 19

SIGNATURES
          After reasonable inquiry and to the best of our knowledge and 
belief, the undersigned certify that the information set forth in this 
statement is true, complete and correct.

DATED:  July 30, 1998

Centennial Energy, L.P.				By: /s/ Joseph H. Reich			
								Pumpkin Foundation
By: /s/ Peter K. Seldin					Joseph H. Reich
Peter K. Seldin					Trustee
	Centennial Energy Partners, L.L.C.	
General Partner

Tercentennial Energy Partners, L.P.		By: /s/ Joseph H. Reich			
					Xanadu Partners	
By: /s/ Peter K. Seldin					Joseph H. Reich
	Peter K. Seldin					Managing General Partner
	Centennial Energy Partners, L.L.C.
	General Partner				By: /s/ Joseph H. Reich			  
							Joseph H. Reich
Quadrennial Partners, L.P.

By: /s/ Peter K. Seldin				By: /s/ Peter K. Seldin
	Peter K. Seldin					Peter K. Seldin
	Centennial Energy Partners, L.L.C.
	General Partner
							By: /s/ G. Bryan Dutt
Centennial Management, L.L.C.				G. Bryan Dutt

By: /s/ Peter K. Seldin
Peter K. Seldin
	Member

Joseph H. Reich & Co.


By: /s/ Peter K. Seldin
      Peter K. Seldin
Vice President

Centennial Energy Partners, L.L.C.


By: /s/ Peter K. Seldin
Peter K. Seldin
	Member
                                    




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