U.S.  Securities  and  Exchange  Commission

                         Washington,  D.C.    20549
                                  AMENDED
                                FORM  10-KSB
(Mark  One)

[  X  ]          ANNUAL  REPORT  UNDER  SECTION  13  OR  15(D)  OF  THE
                 SECURITIES  EXCHANGE  ACT  OF  1934  [FEE  REQUIRED]
                  For  the  fiscal  year  ended  December  31,  1997

[     ]          TRANSITION  REPORT  UNDER  SECTION  13  OR  15(D)  
                                    OF  THE
                 SECURITIES  EXCHANGE  ACT  OF  1934  [NO  FEE  REQUIRED]
                  For  the  transition  period  from  _____  to  _____

                        Commission  file  number    33-95330

                     Atlas-Energy  for  the  Nineties-Public  #4  Ltd.
                   (Name  of  small  business  issuer  in  its  charter)

         Pennsylvania                               25-1772474
    (State or other jurisdiction of       (I.R.S.Employer Identification No,)
    incorporation  or  organization)

          311  Rouser  Road,  Moon  Township,  Pennsylvania    15108
          (Address  of  principal  executive  offices)      (Zip  Code)

               Issuer's  telephone  number  (412)  262-2830
      Securities  registered  under  Section  12(b)  of  the  Exchange  Act

            Title  of each class                         Name of each 
                                                           exchange
                                                     on  which  registered

                  None                                        None

    Securities  registered  under  Section  12(g)  of  the  Exchange  Act

                                     None
                               (Title  of  Class)

     Check  whether  the  issuer (1) filed all reports required to be 
filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or 
for such shorter period that the registrant was required to file such reports), 
and (2) has  been  subject to such filing requirements for the past 90 days.  
Yes    X                                                                     
     ----
No   ____

     Check  if there is no disclosure of delinquent filers in response 
to Item 405  of  Regulation  S-B  contained  in  this  form, and no disclosure 
will be contained,  to  the  best  of  registrant's  knowledge, in definitive 
proxy or information  statements  incorporated  by  reference  in Part III of 
this Form 10-KSB  or  any  amendment  to  this  Form  10-KSB.    [  X  ]


     State  issuer's  revenues  for  its  most recent fiscal year.  
                                $1,094,717

     State  the  aggregate  market  value  of  the  voting  stock  held  
     by non-affiliates  of  the  Registrant.    Not  Applicable.

     Transitional  Small  Business  Disclosure  Format  (check  one):
     Yes   X          No 
           
                1997 FISCAL YEAR ANNUAL REPORT TO PARTICIPANTS
                IN ATLAS-ENERGY FOR THE NINETIES-PUBLIC #4 LTD.
          PURSUANT TO SECTION 4.03(B)(1) OF THE PARTNERSHIP AGREEMENT
                                March 31, 1998

(a)     Audited financial statements of the Partnership for the fiscal 
year ending December 31, 1997, are included in this report.
   
(b) The Partnership total fees and compensation including any 
unaccountable, fixed payment reimbursements for Administrative 
Costs and Operating Costs, paid by the Partnership, or indirectly 
on behalf of the Partnership, to the Managing General Partner, the 
Operator and their Affiliates.  $176,976.

Percentage that the annual unaccountable fixed fee reimbursement 
for Administrative Costs bears to annual Partnership revenues.  3.63%
<TABLE>
<CAPTION>
                                                        Approx. Wrkg     Revenue
Well                    Completed       Location        Acres  Int.     Interest   Cost
<S>                        <C>     <C>            <C>    <C>    <C>      <C>        <C>                       
Baun#2                     Yes     Mercer Co.     PA     50     100%     87.50%     $173,032.62
Buckley #1                 Yes     Mercer Co.     PA     50     100%     87.50%     $185,156.44
Clntn Irwin R&B Club 1     Yes     Venango Co.    PA     50     100%     87.50%     $182,229.66
De Maria Unit #1           Yes     Mercer Co.     PA     40     100%     87.50%     $193,450.87
Eperthener Unit#2          Yes     Mercer Co.     PA     50     100%     87.50%     $177,568.86
Goebel Unit #1             Yes     Mercer Co.     PA     35     100%     87.50%     $176,468.77
Grande #1                  Yes     Mercer Co.     PA     50     100%     87.50%     $189,381.68
Hamilton                   Yes     Mercer Co.     PA     50     100%     87.50%     $193,223.54
Irwin Unit #1              Yes     Mercer Co.     PA     50     100%     87.50%     $182,199.64
Irwin #2                   Yes     Mercer Co.     PA     50     100%     87.50%     $180,594.68
Ivancic #1                 Yes     Mercer Co.     PA     50     100%     87.50%     $188,227.00
Jones #1                   Yes     Venango Co.    PA     50     100%     87.50%     $189,925.47
Kalasky Unit #1            Yes     Mercer Co.     PA     48     100%     87.50%     $170,106.90
Kloos #2                   Yes     Mercer Co.     PA     50     100%     87.50%     $168,268.92
McDowell #7                Yes     Mercer Co.     PA     50     100%     87.50%     $166,525.86
McDowell #8                Yes     Mercer Co.     PA     50     100%     87.50%     $178,734.57
McNeish Unit #1            Yes     Mercer Co.     PA     50     100%     87.50%     $195,441.39
Philson #3                 Yes     Mercer Co.     PA     50     100%     87.50%     $168,136.39
Pirc #1                    Yes     Mercer Co.     PA     50     100%     87.50%     $214,947.59
Polick Unit #2             Yes     Mercer Co.     PA     50     100%     87.50%     $172,199.87
Polick #3                  Yes     Mercer Co.     PA     50     100%     87.50%     $168,334.12
Rabold #3                  Yes     Mercer Co.     PA     33     100%     87.50%     $150,937.60
Rabold #5                  Yes     Mercer Co.     PA     50     100%     87.50%     $171,226.31
Rabold #6                  Yes     Mercer Co.     PA     50     100%     87.50%     $171,188.89
Robinson #1                Yes     Mercer Co.     PA     50     100%     87.50%     $203,113.50
Shearer #1                 Yes     Mercer Co.     PA     50     100%     87.50%     $ 93,177.00
Smith Unit #5              Yes     Mercer Co.     PA     23     100%     87.50%     $174,778.04
Snyder #8                  Yes     Mercer Co.     PA     50     100%     87.50%     $171,419.66
Struthers #5               Yes     Mercer Co.     PA     50     100%     87.50%     $181,331.03
TD & Associates#1          Yes     Mercer Co.     PA     50     100%     87.50%     $190,617.39
Thompson #4                Yes     Mercer Co.     PA     50     100%     87.50%     $176,868.86
Vogan #2                   Yes     Mercer Co.     PA     50     100%     87.50%     $167,610.8
</TABLE>



(d) Quarterly distributions are made January, April, July and October.
There were  four quarterly distributions in 1997 covering 12 production periods
To date  there have been 6 quarterly payments covering 18 months of natural gas
production from the partnership's thirty two wells located in Mercer and
Venango County  Pennsylvania.

Checks were sent on October 4, 1997 to each partner for a refund of unused 
drilling funds, prorated according to their percentage interest in the 
partnership.  The total of unused drilling funds amounted to $38,610.

(e) There were no farmins and joint ventures in 1997.

(f) The Partnership had revenues in 1997.  The following schedule reflects the 
payment of Partnership costs in 1997.

                                    Atlas            Participant    Total
                                                                  Partnership
                                  %     Amount       %   Amount     Costs

Organizing and Offering Costs    100%      -0-       -0-      -0-     -0- 
Lease Costs                      100%      -0-       -0-      -0-     -0-
Operating Costs                   25%     $9,944      75%   $29,831  $39,775
Drilling and Completion Costs     -0-      -0-       -0-      -0-     -0-
                             ----------------------------------------------
          TOTAL                           $9,944            $29,831  $39,775
(g) A quarterly cash receipts and disbursements statement is attached dated
October 1, 1997.

(2) 1997 Partner Form 1065 (K-1) was mailed to each partner on
February 20, 1998.

(3) Proved Reserves are found in the Audited Financials under Section 9.(3).

(4) There were various reports prepared by the Partnership and paid for
by the Participants.

January 4, 1997     $1,268.83
                          $1,050.00 accounting fees
                          $  218.83 check printing fees

April 4, 1997       $4,397.50
                          $2,575.00 Prep 1065 and K-1 fee
                          $1,822.50 Legal Fees

July 4, 1997        $6,975.09
                          $  480.98 check printing fees          
                          $   66.50 K-1 printing tax instructions     
                          $  144.11 printing audited financial statements
                          $1,577.50 Attorney fees preparation of 10-KSB
                          $4,356.00 Partnership Audit Fee
                          $  250.00 SEC Form 10 KSB filing fee
                          $  100.00 Miscellaneous Expense
          
Participants were notified of these costs on their Production and Earnings 
Statement in each of the months fees expensed.


Audited Financial Statements Previously filed in the Form 10KSB for the Period 
ending December 31, 1997 and received on March 31, 1998.


DATED: April  30, 1998
In  accordance  with  Section  13  or  15(d)  of  the  Exchange  Act, the
registrant  caused  this report to be signed on its behalf by the undersigned,
thereunto  duly  authorized.


Atlas-Energy  for  the  Nineties-Public  #4  Ltd.

By:    (Signature  and  Title):  
       Atlas Resources, Inc., Managing General Partner

By      (Signature  and  Title):          /s/  James  R.  O'Mara
                                          ----------------------
     James  R.  O'Mara,  President,  Chief  Executive  Officer
     and  a  Director
Date: April  30, 1998


     In  accordance  with the Exchange Act, this report has been signed by the
following persons on behalf of the registrant and in the capacities and on the
dates  indicated.


By    (Signature  and  Title):          /s/  Charles  T.  Koval
                                        -----------------------
     Charles  T.  Koval,  Chairman  of  the  Board  and  a  Director
Date: April  30, 1998


By    (Signature  and  Title):          /s/  James  R.  O'Mara
                                        ----------------------
     James  R.  O'Mara,  President,  Chief  Executive  Officer  and
       a  Director
Date: April  30, 1998


By    (Signature  and  Title):          /s/  Bruce  M.  Wolf
                                        --------------------
     Bruce  M.  Wolf,  General  Counsel,  Secretary  and  a  Director
Date: April  30, 1998


By    (Signature  and  Title):          /s/  Tony    C.  Banks
                                        ----------------------
     Tony  C.  Banks,  Vice  President  of Finance and Chief Financial Officer
Date:    April  30, 1998