<TABLE> <S> <C>
                                                                          
<ARTICLE>                       5                                               
<CIK>                           0000850428                                      
<NAME>                          GEODYNE INST/PENSION ENERGY INCOME P-2 LTD PSHP 
                                                                                
<S>                             <C>                                             
<PERIOD-TYPE>                   12-MOS                                          
<FISCAL-YEAR-END>               DEC-31-1997                                     
<PERIOD-START>                  JAN-01-1997                                     
<PERIOD-END>                    DEC-31-1997                                     
<CASH>                              369,191                                     
<SECURITIES>                              0                                     
<RECEIVABLES>                       135,331                                     
<ALLOWANCES>                              0                                     
<INVENTORY>                               0                                     
<CURRENT-ASSETS>                    504,522                                     
<PP&E>                            5,927,378                                     
<DEPRECIATION>                    4,745,148                                     
<TOTAL-ASSETS>                    1,686,752                                     
<CURRENT-LIABILITIES>                     0                                     
<BONDS>                                   0                                     
<PREFERRED-MANDATORY>                     0                                     
<PREFERRED>                               0                                     
<COMMON>                                  0                                     
<OTHER-SE>                        1,686,752                                     
<TOTAL-LIABILITY-AND-EQUITY>      1,686,752                                     
<SALES>                             836,494                                     
<TOTAL-REVENUES>                  1,129,273                                     
<CGS>                                     0                                     
<TOTAL-COSTS>                     1,042,816                                     
<OTHER-EXPENSES>                          0                                     
<LOSS-PROVISION>                          0                                     
<INTEREST-EXPENSE>                        0                                     
<INCOME-PRETAX>                      86,457                                     
<INCOME-TAX>                              0                                     
<INCOME-CONTINUING>                  86,457                                     
<DISCONTINUED>                            0                                     
<EXTRAORDINARY>                           0                                     
<CHANGES>                                 0                                     
<NET-INCOME>                         86,457                                     
<EPS-PRIMARY>                          0.50                                     
<EPS-DILUTED>                             0                                     
                                                                                
                                                                                

</TABLE>