<ARTICLE> 5 <CIK> 0000780200 <NAME> GEODYNE ENERGY INCOME LIMITED PTSP I-B <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 20,930 <SECURITIES> 0 <RECEIVABLES> 25,178 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 46,108 <PP&E> 6,510,128 <DEPRECIATION> 6,234,683 <TOTAL-ASSETS> 395,801 <CURRENT-LIABILITIES> 24,273 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 348,038 <TOTAL-LIABILITY-AND-EQUITY> 395,801 <SALES> 241,164 <TOTAL-REVENUES> 242,447 <CGS> 0 <TOTAL-COSTS> 225,932 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 16,515 <INCOME-TAX> 0 <INCOME-CONTINUING> 16,515 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,515 <EPS-PRIMARY> 1.14 <EPS-DILUTED> 0