SEAGULL ENERGY CORP
5, 1998-02-17
NATURAL GAS TRANSMISISON & DISTRIBUTION
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.

[ ] Form 3 Holdings Reported

[ ] Form 4 Transactions Reported

1. Name and Address of Reporting Person(s)
   BARNES, RICHARD F.
   P. O. BOX 92004
   
   
   ANCHORAGE, AK  99509
2. Issuer Name and Ticker or Trading Symbol
   SEAGULL ENERGY CORPORATION (SGO)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
   ###-##-####
4. Statement for Month/Year
   12/97
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner 
   [X] Officer (give title below) [ ] Other (specify below)
   Senior Vice President,
   ENSTAR 
7. Individual or Joint/Group Filing (Check Applicable Line)
   [X] Form filed by One Reporting Person
   [ ] Form filed by More than One Reporting Person

<TABLE>
<CAPTION>
Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)      5)Amount of    6)  7)Nature of     
                                              action      action   or Disposed of (D)            Securities         Indirect        
                                              Date        Code                   A               Beneficially   D   Beneficial      
                                              (Month/                            or              Owned at       or  Ownership       
                                              Day/Year)   Code     Amount        D  Price        End of Year    I                   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C><C>              

Common Stock                                                                                     12,000         D  Direct           

<CAPTION>
Table II (PART 1)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and    
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date           
                               Price of        Date           Code      or Disposed of (D)                                          
                               Derivative                                                                                           
                               Security                       Code      A                D                Exercisable  Expiration   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>          
Incentive Stock Option (right  $17.3750                                                                                07/10/05     
to buy)                                                                                                                             
Incentive Stock Option (right  $25.5000                                                                                06/01/04     
to buy)                                                                                                                             
Non-Qualified Stock Option     $6.3125                                                                                 09/20/98     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $8.4375                                                                                 11/08/99     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $11.9375                                                                                03/20/02     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $14.8750                                                                                09/28/00     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $17.3750                                                                                07/10/05     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $18.8125        07/15/97       A         14,000                            (1)          05/13/07     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $23.5000                                                                                07/16/06     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $25.5000                                                                                06/01/04     
(right to buy)                                                                                                                      
Non-Qualified Stock Option     $26.3750                                                                                05/11/03     
(right to buy)                                                                                                                      

<CAPTION>
Table II (PART 2)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of    
Security                       action    of Underlying                                of Deri-    Derivative        Indirect        
                               Date      Securities                                   vative      Securities    D   Beneficial      
                                                                        Amount or     Security    Beneficially  or  Ownership       
                                                                        Number of                 Owned at      I                   
                  -                      Title                          Shares                    End of Year                       
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>             

Incentive Stock Option (right            Common Stock                   7,300                     7,300         D   Direct          
to buy)                                                                                                                             
Incentive Stock Option (right            Common Stock                   9,600                     9,600         D   Direct          
to buy)                                                                                                                             
Non-Qualified Stock Option               Common Stock                   4,020                     4,020         D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   16,000                    16,000        D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   25,000                    25,000        D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   15,000                    15,000        D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   7,700                     7,700         D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option     07/15/97  Common Stock                   14,000                    14,000        D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   15,000                    15,000        D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   6,400                     6,400         D   Direct          
(right to buy)                                                                                                                      
Non-Qualified Stock Option               Common Stock                   16,000                    16,000        D   Direct          
(right to buy)                                                                                                                      

<FN>
Explanation of Responses:

(1)
The option, which represents a right-to-buy, vests in four equal annual installments beginning one year from date of grant.         

</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ By: Sylvia Sanchez
    For: Richard F. Barnes
DATE 


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