<ARTICLE>                           5
<CIK>                               0000850428
<NAME>                              GEODYNE INST/PEN ENERGY INCOME LTD PSHP P-2

                                   
<PERIOD-TYPE>                       9-MOS
<FISCAL-YEAR-END>                   DEC-31-1999
<PERIOD-START>                      JAN-01-1999
<PERIOD-END>                        SEP-30-1999
<CASH>                                   125,109
<SECURITIES>                                   0
<RECEIVABLES>                            150,770
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                         275,879
<PP&E>                                 5,581,697
<DEPRECIATION>                         4,704,735
<TOTAL-ASSETS>                         1,152,841
<CURRENT-LIABILITIES>                          0
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       0
<OTHER-SE>                             1,152,841
<TOTAL-LIABILITY-AND-EQUITY>           1,152,841
<SALES>                                  455,894
<TOTAL-REVENUES>                         459,004
<CGS>                                          0
<TOTAL-COSTS>                            213,425
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                          245,579
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                      245,579
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                             245,579
<EPS-BASIC>                               2.53
<EPS-DILUTED>                                  0