<ARTICLE> 5 <CIK> 0000863835 <NAME> GEODYNE ENERGY INCOME LTD PARTNERSHIP III-B <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 121,121 <SECURITIES> 0 <RECEIVABLES> 190,140 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 311,261 <PP&E> 9,986,739 <DEPRECIATION> 8,862,561 <TOTAL-ASSETS> 1,628,749 <CURRENT-LIABILITIES> 38,009 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,549,304 <TOTAL-LIABILITY-AND-EQUITY> 1,628,749 <SALES> 500,841 <TOTAL-REVENUES> 503,038 <CGS> 0 <TOTAL-COSTS> 371,946 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 131,092 <INCOME-TAX> 0 <INCOME-CONTINUING> 131,092 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 131,092 <EPS-BASIC> 0.69 <EPS-DILUTED> 0