<ARTICLE> 5 <CIK> 0000863835 <NAME> GEODYNE ENERGY INCOME LTD PARTNERSHIP III-B <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 227,298 <SECURITIES> 0 <RECEIVABLES> 214,859 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 442,157 <PP&E> 9,328,173 <DEPRECIATION> 8,309,648 <TOTAL-ASSETS> 1,690,316 <CURRENT-LIABILITIES> 49,102 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,607,756 <TOTAL-LIABILITY-AND-EQUITY> 1,690,316 <SALES> 1,259,735 <TOTAL-REVENUES> 1,265,307 <CGS> 0 <TOTAL-COSTS> 737,421 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 527,886 <INCOME-TAX> 0 <INCOME-CONTINUING> 527,886 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 527,886 <EPS-BASIC> 3.02 <EPS-DILUTED> 0