<ARTICLE>                      5
<CIK>                          0000888240    
<NAME>                         GEODYNE INST/PENSION ENERGY INCOME LTD PSHP P-7
                                
                            
<PERIOD-TYPE>                  3-MOS
<FISCAL-YEAR-END>              DEC-31-1998
<PERIOD-START>                 JAN-01-1998
<PERIOD-END>                   MAR-31-1998
<CASH>                              154,714
<SECURITIES>                              0
<RECEIVABLES>                       141,793
<ALLOWANCES>                              0
<INVENTORY>                               0
<CURRENT-ASSETS>                    296,507
<PP&E>                           14,481,995
<DEPRECIATION>                    9,416,693
<TOTAL-ASSETS>                    5,361,809
<CURRENT-LIABILITIES>                34,282
<BONDS>                                   0
<PREFERRED-MANDATORY>                     0
<PREFERRED>                               0
<COMMON>                                  0
<OTHER-SE>                        5,327,527
<TOTAL-LIABILITY-AND-EQUITY>      5,361,809
<SALES>                             275,772
<TOTAL-REVENUES>                    389,459
<CGS>                                     0
<TOTAL-COSTS>                       235,624
<OTHER-EXPENSES>                          0
<LOSS-PROVISION>                          0
<INTEREST-EXPENSE>                        0
<INCOME-PRETAX>                     153,835
<INCOME-TAX>                              0
<INCOME-CONTINUING>                 153,835
<DISCONTINUED>                            0
<EXTRAORDINARY>                           0
<CHANGES>                                 0
<NET-INCOME>                        153,835
<EPS-PRIMARY>                          0.74
<EPS-DILUTED>                             0