HUGOTON ENERGY CORP
15-12G, 1998-03-13
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

Certification and Notice of Termination of Registration  under Section 12(g) of
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports under
Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                                                 Commission File Number: 0-23166

                           HUGOTON ENERGY CORPORATION
             (Exact name of registrant as specified in its charter)

                           301 North Main, Suite 1900
                           Wichita Falls, Kansas 67202
                            Telephone (316) 262-1522
       (Address, including zip code, and telephone number, including area
                    code of registrant's principal executive offices)

                                  Common Stock
            (Title of each class of securities covered by this Form)

                                      None
         (Titles of all other classes of securities for which a duty to
               file reports under section 13(a) or 15(d) remains)

         Please  provide an X in the box(es) to designate the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:



   Rule 12g-4(a)(1)(i)       /x/     Rule 12h-3(b)(1)(i)        /x/
   Rule 12g-4(a)(1)(ii)      /_/     Rule 12h-3(b)(1)(ii)       /_/
   Rule 12g-4(a)(2)(i)       /_/     Rule 12h-3(b)(2)(i)        /_/
   Rule 12g-4(a)(2)(ii)      /_/     Rule 12h-3(b)(2)(ii)       /_/
                                     Rule 15d-6                 /_/

         Approximate  number of  holders  of record as of the  certification  or
notice date: one (1).




<PAGE>


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
Hugoton Energy Corporation has caused this  certification/notice to be signed on
its behalf by the undersigned duly authorized person.

         Dated:  March 12, 1998

                                           HUGOTON ENERGY CORPORATION



                                           By:     /S/ AUBREY K. MCCLENDON
                                                  -------------------------
                                                  Aubrey K. McClendon
                                                  President




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