Rule 424(b)(2)
                                   Registration No. 333-11239






PRICING SUPPLEMENT NO.     3  ,  DATED September 17, 1996         
                    

(To Prospectus dated September 13, 1996 and Prospectus Supplement
dated September 13, 1996)


                       ENERGEN CORPORATION
                   Medium-Term Notes, Series A
                         CUSIP #29265AAA4



FIXED RATE NOTE

Trade Date:                 9/17/96                               

Principal Amount:        $ 3,000,000                   
Original Issue Date:         9/20/96       

Issue Price:                        100 % (Par)          
Commission Rate:                   0.750%           

Net Proceeds:                $ 2,977,500                  

Interest Rate Per Annum:             8.09 %      
Stated Maturity Date:             9/15/26          

Interest Payment Dates:  April 1 and October 1

Presenting Agent:        A.G. Edwards & Sons, Inc., as agent

Additional Terms:
     Callable after 10 years with payment of a premium of
     4.045% declining pro-rata annually to 20 years after
     which no premium is required.













    



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