<ARTICLE> 5
<CIK> 0000888239
<NAME> GEODYNE INSTITUTIONAL/PENSION ENERGY INCOME LTD PSHP P-8
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                         173,550
<SECURITIES>                                         0
<RECEIVABLES>                                  185,940
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               359,490
<PP&E>                                      10,040,158
<DEPRECIATION>                               5,261,654
<TOTAL-ASSETS>                               5,137,994
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   5,137,994
<TOTAL-LIABILITY-AND-EQUITY>                 5,137,994
<SALES>                                        337,274
<TOTAL-REVENUES>                               341,173
<CGS>                                                0
<TOTAL-COSTS>                                  224,396
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                116,777
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            116,777
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   116,777
<EPS-PRIMARY>                                     0.89
<EPS-DILUTED>                                        0