<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND STATEMENT OF OPERATIONS FOUND ON PAGES F-3 AND
F-4 OF THE COMPANY'S FORM 10-KSB FOR THE YEAR ENDED SEPTEMBER 30, 2000 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000098410
<NAME> TIPPERARY CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> SEP-30-2000
<CASH> 5,897
<SECURITIES> 0
<RECEIVABLES> 1,515
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 9,991
<PP&E> 64,381
<DEPRECIATION> 22,176
<TOTAL-ASSETS> 52,546
<CURRENT-LIABILITIES> 3,150
<BONDS> 10,633
0
0
<COMMON> 490
<OTHER-SE> 38,145
<TOTAL-LIABILITY-AND-EQUITY> 52,546
<SALES> 8,624
<TOTAL-REVENUES> 8,624
<CGS> 4,233
<TOTAL-COSTS> 9,613
<OTHER-EXPENSES> (3,900)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,662
<INCOME-PRETAX> 1,616
<INCOME-TAX> 1,573
<INCOME-CONTINUING> 43
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 43
<EPS-BASIC> 0
<EPS-DILUTED> 0
</TABLE>