<ARTICLE>                      5                                                
<CIK>                          0000850427                                       
<NAME>                         GEODYNE INSTIT/PENSION ENERGY INCOME P-1 LTD PSHP
                                                                                
                                                                          
<PERIOD-TYPE>                  3-MOS                                            
<FISCAL-YEAR-END>              DEC-31-1999                                      
<PERIOD-START>                 JAN-01-1999                                      
<PERIOD-END>                   MAR-31-1999                                      
<CASH>                            105,113                                       
<SECURITIES>                            0                                       
<RECEIVABLES>                     110,024                                       
<ALLOWANCES>                            0                                       
<INVENTORY>                             0                                       
<CURRENT-ASSETS>                  215,137                                       
<PP&E>                          6,911,069                                       
<DEPRECIATION>                  5,810,499                                       
<TOTAL-ASSETS>                  1,315,707                                       
<CURRENT-LIABILITIES>                   0                                       
<BONDS>                                 0                                       
<PREFERRED-MANDATORY>                   0                                       
<PREFERRED>                             0                                       
<COMMON>                                0                                       
<OTHER-SE>                      1,315,707                                       
<TOTAL-LIABILITY-AND-EQUITY>    1,315,707                                       
<SALES>                           157,465                                       
<TOTAL-REVENUES>                  159,245                                       
<CGS>                                   0                                       
<TOTAL-COSTS>                     105,157                                       
<OTHER-EXPENSES>                        0                                       
<LOSS-PROVISION>                        0                                       
<INTEREST-EXPENSE>                      0                                       
<INCOME-PRETAX>                    54,088                                       
<INCOME-TAX>                            0                                       
<INCOME-CONTINUING>                54,088                                       
<DISCONTINUED>                          0                                       
<EXTRAORDINARY>                         0                                       
<CHANGES>                               0                                       
<NET-INCOME>                       54,088                                       
<EPS-PRIMARY>                        0.40                                       
<EPS-DILUTED>                           0