<ARTICLE>                          5
<CIK>                              0000863835  
<NAME>                             GEODYNE ENERGY INCOME LTD PARTNERSHIP III-B
                                    
                                
<PERIOD-TYPE>                      12-MOS
<FISCAL-YEAR-END>                  DEC-31-1997
<PERIOD-START>                     JAN-01-1997
<PERIOD-END>                       DEC-31-1997
<CASH>                                305,288
<SECURITIES>                                0
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