Generally this type of occurs when your script is using too much memory. This can often happen in PHP if you have a loop that has run out of control and you are creating objects or adding to arrays on each pass of the loop. Check for infinite loops.
If that isn't the problem, try and help out PHP by destroying objects that you are finished with by setting them to null eg. $OldVar = null;.
Check the code where the error actually happens as well. Would you expect that line to be allocating a massive amount of memory? If not, try and figure out what has gone wrong.
Never upgrad memory_limit variable on your php.ini file, or by setting up ini_set('memory_limit', 'XXXM'); on your PHP file that you are running, being XXX the amount of Mb memory that you want to define.Letting application to eat memory he wants to is insane step.Try to find out bug does your application wants that much memory?? Find out