<ARTICLE> 5 <CIK> 0000879815 <NAME> GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-G <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 290,510 <SECURITIES> 0 <RECEIVABLES> 269,852 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 560,362 <PP&E> 9,958,500 <DEPRECIATION> 7,909,307 <TOTAL-ASSETS> 2,684,961 <CURRENT-LIABILITIES> 151,235 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,444,416 <TOTAL-LIABILITY-AND-EQUITY> 2,684,961 <SALES> 395,819 <TOTAL-REVENUES> 421,343 <CGS> 0 <TOTAL-COSTS> 322,139 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 99,204 <INCOME-TAX> 0 <INCOME-CONTINUING> 99,204 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 99,204 <EPS-PRIMARY> 0.74 <EPS-DILUTED> 0