<ARTICLE> 5 <CIK> 0000879815 <NAME> GEODYNE ENERGY INCOME LTD PARTNERSHIP III-G <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 187,952 <SECURITIES> 0 <RECEIVABLES> 156,326 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 344,278 <PP&E> 9,956,233 <DEPRECIATION> 8,076,651 <TOTAL-ASSETS> 2,299,266 <CURRENT-LIABILITIES> 139,809 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,070,147 <TOTAL-LIABILITY-AND-EQUITY> 2,299,266 <SALES> 992,166 <TOTAL-REVENUES> 1,024,357 <CGS> 0 <TOTAL-COSTS> 930,007 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 94,350 <INCOME-TAX> 0 <INCOME-CONTINUING> 94,350 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 94,350 <EPS-PRIMARY> 0.65 <EPS-DILUTED> 0