TMBR SHARP DRILLING INC
SC 13G, 1996-10-10
DRILLING OIL & GAS WELLS
Previous: PRESSURE PIPING COMPONENTS INC, 10-Q, 1996-10-10
Next: ELECTRONIC SYSTEMS TECHNOLOGY INC, 8-K, 1996-10-10



               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549
                          Schedule 13G
            Under the Securities Exchange Act of
                        1934 (Amendment No.__ )*
                    TMBR/Sharp Drilling, Inc.
                ________________________________
                        (Name of Issuer)
                        
                          Common Stock
                ________________________________
                 (Title of Class of Securities)
                 
                            87257P10
                        ________________
                         (CUSIP Number)

Check  the  following  box  if a fee  is  being  paid  with
this
statement [x].  (A fee is not required only if the filing
person: (1)  has  a  previous  statement  on  file  reporting
beneficial ownership  of  more  than  5  percent  of  the
class  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.)

*  The  remainder  of the cover page shall be filled  out  for
a reporting  person's initial filing on this form with  respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.

The  information  required in the remainder of  this  cover
page shall     not be deemed to be "filed" for the purpose of
Section  18
of  the  Securities  Exchange Act of 1934  ("Act")  or
otherwise subject  to the liabilities of that section of the
Act but  shall be  subject to all other provisions of the act
(however, see  the Notes).
CUSIP No. 87257P10       13G       Page 2 of 5 Pages
       _____________                   ___  ___
1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     State Street Research & Management Company
     #13-31424135

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                             (a)  [  ]
                                             (b)  [  ]

3.   SEC USE ONLY

4.   CITIZENSHIP OR PLACE OF ORGANIZATION
      Reporting Person is a corporation organized under
Delaware laws.  Principal office of Reporting Person is in
Boston, MA.


                         5.   SOLE VOTING POWER
                            338,600
     NUMBER OF
     SHARES                   6.   SHARED VOTING POWER
     BENEFICIALLY                  -0-
     OWNED BY EACH
     REPORTING           7.   SOLE DISPOSITIVE POWER
     PERSON WITH                   367,700

                         8.   SHARED DISPOSITIVE POWER
                              -0-
                               
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
          367,700

10.   CHECK  BOX IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
          10.9%

12.  TYPE OF REPORTING PERSON

          Investment adviser

              *SEE     INSTRUCTIONS    BEFORE     FILLING
OUT SCHEDULE G

     Item 1(a).     Name of Issuer
          TMBR/Sharp Drilling, Inc.

     Item 1(b).     Address of Issuer's Principal Office
          4607 West Industrial Blvd.
          Midland, Texas  79709


     Item 2(a).     Name of Person Filing
          State Street Research & Management Company
                               
     Item 2(b).     Address of Principal Business Office
          One Financial Center, 30th Floor
          Boston, MA  02111-2690

     Item 2(c).     Citizenship
           Reporting  Person  is  a corporation  organized
under Delaware  laws.  Principal office of Reporting Person is
Boston, MA

     Item 2(d).     Title of Class of Securities
          Common Stock

     Item 2(e).     CUSIP Number
          87257P10

      Item 3.   If this statement is filed pursuant to Rules
13d1(b), or 13d-2(b), check whether the person filing is a:

           (a)  [ ] Broker or dealer registered under Section
15 of the Act
          (b)  [ ] Bank as defined in Section 3(a)(6) of the
           Act (c)   [  ] Insurance Company  registered under
           Section
3(a)(19) of the Act
           (d)  [ ] Investment company registered under Section
8 of the Investment Company Act
           (e)   [x] Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940
           (f)  [ ] Employee Benefit Plan, Pension Fund which
is subject  to  the  provisions  of the Employee  Retirement
Income Security  Act  of  1974 or Endowment Fund:  see Section
240.13d1(b)(1)(ii)(F)
           (g)   [  ] Parent Holding Company, in accordance
with Section 240.13d-1(b)(ii)(G) (Note: See Item 7)
           (h)   [  ]  Group, in accordance with Section
240.13d1(b)(1)(ii)(H)
SCHEDULE G

     Item 4.   Ownership
If  the percent of the class owned, as of December 31 of the
year covered  by  the statement, or as of the last day  of  any
month described in Rule 13d-1(b)(2), if applicable, exceeds 5
percent, provide  the  following information as of that date
and  identify those shares which there is a right to acquire.
     (a)  Amount beneficially owned:    367,600
     (b)  Percent of Class:   10.9%
      (c)  Number of shares as to which such person has:
                               
          (i)       sole power to vote or to direct the vote:
                    338,600
          (ii)      shared power to vote or to direct the vote:
                    -0-
           (iii)      sole  power to dispose  or  to  direct
the
disposition of:     367,700
           (iv)       shared  power  to  dispose  or  direct
the
disposition of:     -0-

           State  Street Research & Management Company
disclaims any beneficial interest in any of the foregoing
securities

     Item 5.   Ownership of Five Percent or Less of a Class

If  this statement is being filed to report the fact that  as
of the  date  hereof  the  reporting person has  ceased  to  be
the beneficial  owner  of  more than five percent  of  the
class  of securities, check the following [ ].

      Item 6.   Ownership of More than Five Percent on Behalf
of Another Person.

If  any other person is known to have the right to receive or
the power  to  direct the receipt of dividends from, or the
proceeds
from  the  sale of, such securities, a statement to  that
effect should be included in response to this item and, if such
interest relates  to  more  than five percent of the  class,
such  person should  be  identified.   A listing of  the
shareholders  of  an investment company registered under the
Investment Company Act of 1940  or  the beneficiaries of an
employee benefit plan,  pension fund or endowment fund is not
required.

All foregoing shares are in fact owned by clients of State
Street Research & Management Company
SCHEDULE G

       Item   7.    Identification  and  Classification  of
the
Subsidiary Which Acquired the Security Being Reported on  By
the Parent Holding Company.

If  a parent holding company has filed this schedule, pursuant
to Rule  13d-1(b)(ii)(G), so indicate under Item 3(g) and
attach  an exhibit stating the identity and the Item 3
classification of the relevant subsidiary.  If a parent holding
company has filed  this schedule pursuant to Rule 13d-1(c),
attach an exhibit stating the identification of the relevant
subsidiary.

               Inapplicable
      Item  8.   Identification and Classification of Members
of
the Group.
If  a  group  has  filed  this schedule  pursuant  to  Rule

13d1(b)(ii)(H),  so indicate under Item 3(b) and attach  an

exhibit stating the identity and Item 3 classification of each

member  of the  group.  If a group has filed this schedule

pursuant to  Rule 13d-1(c),  attach an exhibit stating the

identity of each  member of the group.

               Inapplicable

     Item 9.   Notice of Dissolution of Group

               Inapplicable

     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.


Signature.


After  reasonable  inquire and to the best of  my  knowledge
and belief,  I  certify  that  the  information  set  forth  in
this statement is true, complete and correct.


               Date:     October 9, 1996
               Signature: /s/ Mark Passacantando
               Mark Passacantando
               Director of Compliance Assistant
               Vice President
               



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission