Rule 424(b)(2)
Registration No. 333-11239
PRICING SUPPLEMENT NO. 15 , DATED July 21, 1997
(To Prospectus dated September 13, 1996 and Prospectus Supplement
dated September 13, 1996)
ENERGEN CORPORATION
Medium-Term Notes, Series A
CUSIP #29265AAM8
FIXED RATE NOTE
Trade Date: July 21, 1997
Principal Amount: $1,000,000 Original Issue Date: 7/24/97
Issue Price: 100% (Par) Commission Rate: 0.700%
Net Proceeds: $993,000
Interest Rate Per Annum: 7.21% Stated Maturity Date: 7/30/12
Interest Payment Dates: April 1 and October 1
Presenting Agent: A. G. Edwards , as agent
Additional Terms:
Callable after 10 years with payment of a premium of 3.605%
declining pro-rata annually to maturity.