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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES ACT OF 1934
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(Amendment No. 8)
Pogo Producing Company
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(Name of Issuer)
Common Stock, $1.00 Par Value 730448107
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(Title of class of securities) (CUSIP number)
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Check the following box if a fee is being paid with the statement [_].
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7.)
(Continued on following page(s))
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CUSIP No. 730448107 13G
1 NAME OF REPORTING Klingenstein, Fields & Co., L.P.
PERSON:
S.S. OR I.R.S. 13-3479093
IDENTIFICATION NO. OF ABOVE
PERSON:
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [_]
GROUP: (b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF Delaware
ORGANIZATION:
NUMBER OF 5 SOLE VOTING POWER: 0
SHARES
BENEFICIALLY 6 SHARED VOTING POWER: 0
OWNED BY
EACH 7 SOLE DISPOSITIVE 0
REPORTING POWER:
PERSON WITH 8 SHARED DISPOSITIVE 2,904,291*
POWER:
9 AGGREGATE AMOUNT 2,904,291*
BENEFICIALLY OWNED BY
REPORTING PERSON:
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) [_]
EXCLUDES CERTAIN SHARES:
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 8.80%
(9):
12 TYPE OF REPORTING IA
PERSON:
*Includes 4,884 shares of common stock issuable upon the conversion of
outstanding converible debt.
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Item 1
(a) Name of Issuer
Pogo Producing Company
(b) Address of Issuer's Principal Executive Offices
Five Greenway Plaza
Suite 2700
Houston, Texas 77046-0504
Item 2
(a) Name of Person Filing
See Item 1 of the Cover Page attached hereto
(b) Address of Principal Business Office or, if none, Residence
787 Seventh Avenue
New York, New York 10019
(c) Citizenship
See Item 4 of the Cover Page attached hereto
(d) Title of Class of Securities
Common Stock, par value $1.00 per share
(e) CUSIP Number
730448107
Item 3
(e) Klingenstein, Fields & Co., L.P. is an Investment Adviser
registered under section 203 of the Investment Advisers Act
of 1940
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Item 4
(a) Amount Beneficially Owned
See Item 9 of the Cover Page attached hereto
(b) Percent of Class
See Item 11 of the Cover Page attached hereto
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
See Item 5 of the Cover Page attached hereto
(ii) shared power to vote or to direct the vote
See Item 6 of the Cover Page attached hereto
(iii) sole power to dispose or to direct the disposition of
See Item 7 of the Cover Page attached hereto
(iv) shared power to dispose or to direct the disposition of
See Item 8 of the Cover Page attached hereto
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
Not applicable
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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
Item 9
Notice of Dissolution of Group
Not applicable
Item 10
Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
February 8, 1996
Klingenstein, Fields & Co., L.P.
By: Klingenstein Fields Partners L.P.,
its General Partner
By: /s/ Jonathan Roberts
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Jonathan Roberts, General Partner
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