<ARTICLE> 5 <CIK> 0000872121 <NAME> GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-E <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 1,122,999 <SECURITIES> 0 <RECEIVABLES> 1,145,547 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,268,546 <PP&E> 34,951,888 <DEPRECIATION> 26,551,538 <TOTAL-ASSETS> 10,872,983 <CURRENT-LIABILITIES> 529,980 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 10,022,060 <TOTAL-LIABILITY-AND-EQUITY> 10,872,983 <SALES> 1,773,318 <TOTAL-REVENUES> 1,822,681 <CGS> 0 <TOTAL-COSTS> 1,294,597 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 528,084 <INCOME-TAX> 0 <INCOME-CONTINUING> 528,084 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 528,084 <EPS-PRIMARY> 1.17 <EPS-DILUTED> 0