<TABLE> <S> <C>

<ARTICLE>                       5                                               
<CIK>                           0000850428                                      
<NAME>                          GEODYNE INST/PENSION ENERGY INCOME P-2 LTD PTSP 
                                                                                
<S>                             <C>                                             
<PERIOD-TYPE>                   12-MOS                                          
<FISCAL-YEAR-END>               DEC-31-1998                                     
<PERIOD-START>                  JAN-01-1998                                     
<PERIOD-END>                    DEC-31-1998                                     
<CASH>                               78,435                                     
<SECURITIES>                              0                                     
<RECEIVABLES>                        92,746                                     
<ALLOWANCES>                              0                                     
<INVENTORY>                               0                                     
<CURRENT-ASSETS>                    171,181                                     
<PP&E>                            5,651,821                                     
<DEPRECIATION>                    4,650,323                                     
<TOTAL-ASSETS>                    1,172,679                                     
<CURRENT-LIABILITIES>                     0                                     
<BONDS>                                   0                                     
<PREFERRED-MANDATORY>                     0                                     
<PREFERRED>                               0                                     
<COMMON>                                  0                                     
<OTHER-SE>                        1,172,679                                     
<TOTAL-LIABILITY-AND-EQUITY>      1,172,679                                     
<SALES>                             538,185                                     
<TOTAL-REVENUES>                    874,884                                     
<CGS>                                     0                                     
<TOTAL-COSTS>                       293,554                                     
<OTHER-EXPENSES>                          0                                     
<LOSS-PROVISION>                          0                                     
<INTEREST-EXPENSE>                        0                                     
<INCOME-PRETAX>                     581,330                                     
<INCOME-TAX>                              0                                     
<INCOME-CONTINUING>                 581,330                                     
<DISCONTINUED>                            0                                     
<EXTRAORDINARY>                           0                                     
<CHANGES>                                 0                                     
<NET-INCOME>                        581,330                                     
<EPS-PRIMARY>                          6.05                                     
<EPS-DILUTED>                             0                                     
        

</TABLE>