NUEVO ENERGY CO
8-K, 1999-12-16
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549
                                    ________

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934


                                 Date of Report
                               December 16, 1999


                              NUEVO ENERGY COMPANY
             (Exact name of registrant as specified in its charter)


          DELAWARE                       0-10537               76-0304436
(State or other jurisdiction of  (Commission File Number)   (I.R.S. Employer
incorporation or organization)                            Identification Number)


                             1021 MAIN, SUITE 2100
                             HOUSTON, TEXAS  77002
                    (Address of principal executive offices)


                                 (713) 652-0706
              (Registrant's telephone number, including area code)



                             1331 Lamar, Suite 1650
                             Houston, Texas  77010
                 (Former address, if changed since last report)

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ITEM 1.  CHANGES IN CONTROL OF REGISTRANT

     Not applicable

ITEM 2.  ACQUISITION OR DISPOSITION OF ASSETS

     Not applicable

ITEM 3.  BANKRUPTCY OR RECEIVERSHIP

     Not applicable

ITEM 4.  CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS

     Not applicable

ITEM 5.  OTHER EVENTS

     Nuevo Energy Company made the Press Release attached hereto as Exhibit 99A.

ITEM 6.  RESIGNATION OF REGISTRANT'S DIRECTORS

     Not applicable

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

     99A.  Copy of the Company's Press Release dated December 16, 1999

ITEM 8.  CHANGE IN FISCAL YEAR

     Not applicable

                                       2
<PAGE>

                                   SIGNATURES


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                 NUEVO ENERGY COMPANY


December 16, 1999                By:  /s/ Robert M. King
                                     --------------------------------------
                                     Robert M. King
                                     Senior Vice President and Chief
                                       Financial Officer

                                       3

<PAGE>

                                  EXHIBIT 99A

                                       NEWS RELEASE

          FOR IMMEDIATE RELEASE               CONTACT:
          December 16, 1999                   Barbara B. Forbes
                                              Director of Investor Relations
                                              713-374-4870



                         NUEVO ENERGY COMPANY ANNOUNCES
                  EXTENSION OF ITS $257,310,000 EXCHANGE OFFER


                    HOUSTON, December 16  Nuevo Energy Company (NYSE: NEV)
          announced today that it has extended the expiration date of its offer
          to exchange its 9 1/2% Senior Subordinated Notes due 2008, Series B,
          that have been registered under the Securities Act of 1933 for any and
          all outstanding 9 1/2% Senior Subordinated Notes due 2008, Series A.
          The exchange offer will expire at 5:00 p.m., New York City time, on
          December 20, 1999, unless Nuevo extends it further.

                    As of December 15, 1999, $256,700,000 aggregate principal
          amount of the Series A notes, representing 99.76% of the outstanding
          Series A notes, had been tendered.

                    Requests for copies of documents or for technical assistance
          in participating in the exchange offer should be directed to State
          Street Bank and Trust Company at (617) 662-1525.


                    Nuevo Energy Company is a Houston, Texas-based company
          primarily engaged in the exploration for, and the acquisition,
          exploitation, development and production of crude oil and natural gas.
          Nuevo's principal domestic properties are located onshore and offshore
          California.  Nuevo is the largest independent producer of oil and gas
          in California.  The Company's international properties are located
          offshore the Republics of Congo and Ghana in West Africa and onshore
          the Republic of Tunisia in North Africa.  To learn more about Nuevo,
          please refer to the Company's internet site at
          http://www.nuevoenergy.com.
          --------------------------


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