<ARTICLE> 5
<CIK> 0000850427
<NAME> GEODYNE INSTITUTIONAL PENSION ENERGY INCOME P-1 LTD PTNSHIP
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
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