455804 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number: 033-47668-02 Southwest Royalties Institutional Income Fund XI-B, L.P. (Exact name of registrant as specified in its charter) 407 N. Big Spring, Suite 300, Midland, Texas 79701, (432) 686-9927 (Address, including zip code, and telephone number, including area code, of registrants principal executive offices) Limited Partnership Interests (Title of each class of securities covered by this Form) None (Title of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains) Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports: Rule 12g-4(a)(1)(i) X Rule 12h-3(b)(1)(i) X Rule 12g-4(a)(1)(ii) Rule 12h-3(b)(1)(ii) Rule 12g-4(a)(2)(i) Rule 12h-3(b)(2)(i) Rule 12g-4(a)(2)(ii) Rule 12h-3(b)(2)(ii) Rule 15d-6 Approximate number of holders of record as of the certification or notice date: 176 holders of record. Pursuant to the requirements of the Securities Exchange Act of 1934, Southwest Royalties Institutional Income Fund XI-B, L.P., has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person. Date: July 14, 2004 By: /s/ Mel G. Riggs Name: Mel G. Riggs Title: Vice President of Southwest Royalties, Inc., General Partner