<ARTICLE>                     5
<LEGEND>
Swift Energy Managed Pension Assets Partnership 1988-1, Ltd., was in the process
of liquidation as of March 31, 2000 and as such is governed by liquidation basis
accounting.  This schedule contains summary financial information extracted from
Swift Energy Managed Pension Assets Partnership 1988-1, Ltd's statement of net
assets in process of liquidation and statement of operations contained in its
Form 10-Q for the quarter ended March 31, 2000 and is qualified in its entirety
by reference to such financial statement.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-END>                                   MAR-31-2000
<CASH>                                         64,124
<SECURITIES>                                   0
<RECEIVABLES>                                  136
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               64,260
<PP&E>                                         118,914
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 183,174
<CURRENT-LIABILITIES>                          3,605
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                                     0
<TOTAL-LIABILITY-AND-EQUITY>                   0
<SALES>                                        8,761
<TOTAL-REVENUES>                               9,574
<CGS>                                          0
<TOTAL-COSTS>                                  2,798<F1>
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                27,378
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            27,378
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   27,378
<EPS-BASIC>                                    0
<EPS-DILUTED>                                  0
<FN>
<F1>Includes  lease  operating  expenses,  production  taxes  and  depreciation,
depletion and  amortization  expense.  Excludes general and  administrative  and
interest expense.
</FN>