<ARTICLE> 5 <CIK> 0000780200 <NAME> GEODYNE ENERGY INCOME LIMITED PARTNERSHIP I-B <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 52,296 <SECURITIES> 0 <RECEIVABLES> 28,494 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 80,790 <PP&E> 6,509,871 <DEPRECIATION> 6,221,787 <TOTAL-ASSETS> 468,136 <CURRENT-LIABILITIES> 8,412 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 437,204 <TOTAL-LIABILITY-AND-EQUITY> 468,136 <SALES> 199,910 <TOTAL-REVENUES> 200,938 <CGS> 0 <TOTAL-COSTS> 145,329 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 55,609 <INCOME-TAX> 0 <INCOME-CONTINUING> 55,609 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 55,609 <EPS-PRIMARY> 4.29 <EPS-DILUTED> 0