UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
GRIFFITHS, SCOTT A
450 FAUST LANE
HOUSTON, TX 77024
2. Date of Event Requiring Statement (Month/Day/Year)
9/16/98
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
###-##-####
4. Issuer Name and Ticker or Trading Symbol
SEAGULL ENERGY CORPORATION (SGO)
5. Relationship of Reporting Person to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
SENIOR VICE PRESIDENT-
DOMESTIC EXPLORATION
6. If Amendment, Date of Original (Month/Day/Year)
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 Beneficially Owned
- -----------------------------------------------------------------------------------------------------
1)Title of Security 2)Amount of 3) 4)Nature of
Securities D Indirect
Beneficially or Beneficial
Owned I Ownership
- -----------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Common Stock 390 (1) I 401(k) Plan
Common Stock 721 (2) I ESOP
<CAPTION>
Table II Derivative Securitites Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative Security 2)Date Exercisable 3)Title and Amount of 4)Conver- 5)Ownership 6)Nature of
and Expiration Date Securities Underlying sion or Form of Indirect
(Month/Day/Year) Derivative Security exercise Derivative Beneficial
price of Security Ownership
Date Expira- Amount or Deri- Direct(D)
Exer- tion Number of vative or
cisable Date Title Shares Security Indirect(I)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option (3) 03/22/99 Common Stock 176 $5.8949 D Direct
(right to buy)
Non-Qualified Stock Option (3) 03/14/01 Common Stock 6,688 $6.6762 D Direct
(right to buy)
Non-Qualified Stock Option (3) 01/04/03 Common Stock 4,400 $7.1023 D Direct
(right to buy)
Non-Qualified Stock Option (3) 12/08/03 Common Stock 4,400 $7.5995 D Direct
(right to buy)
Non-Qualified Stock Option (3) 01/24/00 Common Stock 3,000 $7.6705 D Direct
(right to buy)
Non-Qualified Stock Option (3) 09/24/01 Common Stock 13,200 $8.2387 D Direct
(right to buy)
Non-Qualified Stock Option (3) 01/23/05 Common Stock 4,400 $9.4461 D Direct
(right to buy)
Non-Qualified Stock Option (4) 07/15/08 Common Stock 20,000 $11.6875 D Direct
(right to buy)
Non-Qualified Stock Option (3) 01/22/06 Common Stock 3,520 $12.1449 D Direct
(right to buy)
Non-Qualified Stock Option (4) 07/15/07 Common Stock 12,000 $18.8125 D Direct
(right to buy)
Non-Qualified Stock Option (4) 01/23/07 Common Stock 4,250 $21.9375 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
Holdings reported are as of 12/31/97. Updated holdings as of 12/31/98 will be reported on the year-end Form 5.
(2)
Holdings reported are as of 12/31/97. Updated holdings as of 12/31/98 will be reported on the year-end Form 5.
(3)
The option, which represents a right-to-buy, vests incrementally over a four-year period beginning six months from date of grant.
(4)
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: Scott A. Griffiths
DATE