<TABLE> <S> <C>


<ARTICLE>                                                                      6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM ML OKLAHOMA
VENTURE  PARTNERS,  LIMITED  PARTNERSHIP'S  ANNUAL  REPORT  ON FORM 10-K FOR THE
PERIOD ENDED  DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS
</LEGEND>
       
<S>                                                                          <C>
<PERIOD-TYPE>                                                             12-MOS
<FISCAL-YEAR-END>                                                    DEC-31-1995
<PERIOD-START>                                                       JAN-01-1995
<PERIOD-END>                                                         DEC-31-1995
<INVESTMENTS-AT-COST>                                                  6,036,891
<INVESTMENTS-AT-VALUE>                                                 9,011,339
<RECEIVABLES>                                                             44,653
<ASSETS-OTHER>                                                                 0
<OTHER-ITEMS-ASSETS>                                                     261,310
<TOTAL-ASSETS>                                                         9,317,302
<PAYABLE-FOR-SECURITIES>                                                       0
<SENIOR-LONG-TERM-DEBT>                                                        0
<OTHER-ITEMS-LIABILITIES>                                                123,776
<TOTAL-LIABILITIES>                                                      123,776
<SENIOR-EQUITY>                                                                0
<PAID-IN-CAPITAL-COMMON>                                                       0
<SHARES-COMMON-STOCK>                                                     10,248
<SHARES-COMMON-PRIOR>                                                     10,248
<ACCUMULATED-NII-CURRENT>                                                      0
<OVERDISTRIBUTION-NII>                                                         0
<ACCUMULATED-NET-GAINS>                                                        0
<OVERDISTRIBUTION-GAINS>                                                       0
<ACCUM-APPREC-OR-DEPREC>                                               2,974,052
<NET-ASSETS>                                                           9,193,526
<DIVIDEND-INCOME>                                                              0
<INTEREST-INCOME>                                                         94,856
<OTHER-INCOME>                                                                 0
<EXPENSES-NET>                                                           383,686
<NET-INVESTMENT-INCOME>                                                (288,830)
<REALIZED-GAINS-CURRENT>                                               1,650,738
<APPREC-INCREASE-CURRENT>                                              (949,912)
<NET-CHANGE-FROM-OPS>                                                    411,996
<EQUALIZATION>                                                                 0
<DISTRIBUTIONS-OF-INCOME>                                                      0
<DISTRIBUTIONS-OF-GAINS>                                                       0
<DISTRIBUTIONS-OTHER>                                                  2,588,889
<NUMBER-OF-SHARES-SOLD>                                                        0
<NUMBER-OF-SHARES-REDEEMED>                                                    0
<SHARES-REINVESTED>                                                            0
<NET-CHANGE-IN-ASSETS>                                               (2,154,859)
<ACCUMULATED-NII-PRIOR>                                                        0
<ACCUMULATED-GAINS-PRIOR>                                                      0
<OVERDISTRIB-NII-PRIOR>                                                        0
<OVERDIST-NET-GAINS-PRIOR>                                                     0
<GROSS-ADVISORY-FEES>                                                          0
<INTEREST-EXPENSE>                                                             0
<GROSS-EXPENSE>                                                                0
<AVERAGE-NET-ASSETS>                                                  10,281,973
<PER-SHARE-NAV-BEGIN>                                                      1,098
<PER-SHARE-NII>                                                             (28)
<PER-SHARE-GAIN-APPREC>                                                       68
<PER-SHARE-DIVIDEND>                                                           0
<PER-SHARE-DISTRIBUTIONS>                                                    250
<RETURNS-OF-CAPITAL>                                                           0
<PER-SHARE-NAV-END>                                                          888
<EXPENSE-RATIO>                                                                0
<AVG-DEBT-OUTSTANDING>                                                         0
<AVG-DEBT-PER-SHARE>                                                           0
        


</TABLE>