|                        | **United                  States Securities and Exchange Commission**         |
|-----------------------------|-------------------------------------------------------------------------------|
|                        |                                                                          |
|                        | **Washington,                  D.C. 20549**                                   |
|                        |                                                                          |
|                        | **Form                  10 QSB**                                              |
|                        |                                                                          |
| (Mark                  One) |                                                                          |
|                        |                                                                          |
| **R**                       | **QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE** |
|                        | **SECURITIES                  EXCHANGE ACT OF 1934**                          |
|                        |                                                                          |
|                        | For                  the quarterly period ended June 30, 2006                 |
|                        |                                                                          |
| o                           | **TRANSITION                  REPORT UNDER SECTION 13 OR 15 (d) OF THE**      |
|                        | **SECURITIES                  EXCHANGE ACT OF 1934**                          |
|                        |                                                                          |
|                        | For                  the transition period from _____ to _____                |
|                        |                                                                          |
|                        | Commission                  file number 0-52168                               |
|                        |                                                                          |
|                        |                                                                          |
|                        | **ATLAS                  AMERICA PUBLIC #15-2006 (B) L.P.**                   |
|                        | (Name                  of small business issuer in its charter)               |
|                        |                                                                          |

|                                                                                                                                                                                    |                                                                  |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|
|                                                                                                                                                                                    |                                                                  |
| **Delaware**                                                                                                                                                                            | **20-3208390**                                                        |
| (State                  or other jurisdiction ofincorporation                  or organization)                                                                                         | (I.R.S.                  EmployerIdentification                  No.) |
|                                                                                                                                                                                    |                                                                  |
| 311                  Rouser Road                                                                                                                                                        | 15108                                                                 |
| Moon                  Township, PA                                                                                                                                                      | (zip                  code)                                           |
| (Address                  of principal executive offices)                                                                                                                               |                                                                  |
|                                                                                                                                                                                    |                                                                  |
| Issuer’s                  telephone number, including area code: **(412)                  262-2830**                                                                              |
|                                                                                                                                                                                    |
| 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** ****R**                  No                  o |
|                                                                                                                                                                                    |
| Indicate                  by check mark whether the registrant is a shell company (as defined                  in                  Rule 12b-2 of the Exchange                           |
| Act).Yes                  o                  No                  **R**                                                                                                                  |
|                                                                                                                                                                                    |
| Transitional                  Small Business Disclosure Format (check one): Yes o                  No                  **R**                                                            |

**ATLAS        AMERICA PUBLIC #15-2006 (B) L.P.**

**INDEX        TO QUARTERLY REPORT**

**ON        FORM 10-QSB**

| **PART                    I.**  |   | **FINANCIAL                    INFORMATION**                                                                                  | **PAGE** |
|---------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------|----------|
|                            |   |                                                                                                                          |     |
| Item                    1:      |   | Financial                    Statements                                                                                       |     |
|                            |   |                                                                                                                          |     |
|                            |   | Balance                    Sheet as of June 30, 2006 (Unaudited)                                                              | 3        |
|                            |   |                                                                                                                          |     |
|                            |   | Statement                    of Operations for the Three and Six Months ended June 30,                    2006                |     |
|                            |   | (Unaudited)                                                                                                                   | 4        |
|                            |   |                                                                                                                          |     |
|                            |   | Statement                    of Partners’ Capital Accounts for the Six Months ended June 30,                    2006    |     |
|                            |   | (Unaudited)                                                                                                                   | 5        |
|                            |   |                                                                                                                          |     |
|                            |   | Statement                    of Cash Flows for the Six Months ended June 30, 2006                                             |     |
|                            |   | (Unaudited)                                                                                                                   | 6        |
|                            |   |                                                                                                                          |     |
|                            |   | Notes                    to Financial Statements (Unaudited)                                                                  | 7-9      |
|                            |   |                                                                                                                          |     |
| Item                    2:      |   | Management’s                    Discussion and Analysis of Financial Condition or Plan of                    Operations | 10-12    |
|                            |   |                                                                                                                          |     |
| Item                    3:      |   | Controls                    and Procedures                                                                                    | 12       |
|                            |   |                                                                                                                          |     |
| **PART                    II.** |   | **OTHER                    INFORMATION**                                                                                      |     |
|                            |   |                                                                                                                          |     |
| Item                    6:      |   | Exhibits                                                                                                                      | 13       |
|                            |   |                                                                                                                          |     |
|                            |   |                                                                                                                          |     |
| **SIGNATURES**                  | 14     |
|                            |   |                                                                                                                          |     |
| **CERTIFICATIONS**              | 15-18  |

**ITEM        1.**
**FINANCIAL        STATEMENTS**

**ATLAS        AMERICA PUBLIC 15-2006(B) L.P.**

**BALANCE        SHEET**

**(Unaudited)**

|                                                         |   | **June                  30,** |        |
|--------------------------------------------------------------|--------|-------------------------------|-------------|
|                                                         |   | **2006**                      |        |
| **ASSETS**                                                   |   |                          |        |   |
| Current                  Assets:                             |   |                          |        |   |
| Accounts                  receivable-affiliate               |   | $                             | 95,847,300  |   |
| Total                  current assets                        |   |                          | 95,847,300  |   |
|                                                         |   |                          |        |   |
| Oil                  and gas properties, net            |   |                          | 22,084,700  |   |
|                                                         |   | $                             | 117,932,000 |   |
|                                                         |   |                          |        |   |
| **LIABILITIES                  AND PARTNERS’ CAPITAL** |   |                          |        |   |
|                                                         |   |                          |        |   |
| Asset                  retirement obligation            |   |                          | 32,500      |   |
|                                                         |   |                          |        |   |
|                                                         |   |                          |        |   |
| Partners’                  capital:                    |   |                          |        |   |
| Managing                  general partner                    |   |                          | 3,642,000   |   |
| Investor                  partners (11,438.55 units)         |   |                          | 114,257,500 |   |
|                                                         |   |                          | 117,899,500 |   |
|                                                         |   | $                             | 117,932,000 |   |

**ATLAS        AMERICA PUBLIC #15-2006 (B) L.P.**

**STATEMENT        OF OPERATIONS**

**For**
**the        period May 9, 2006 (date of formation) through June 30,        2006**

**(Unaudited)**

|                                                        |   | **Three                  and Six** |   |
|-------------------------------------------------------------|--------|------------------------------------|--------|
|                                                        |   | **Months**                         |   |
|                                                        |   | **Ended**                          |   |
|                                                        |   | **June                  30, 2006** |   |
|                                                        |   |                               |   |   |
| **REVENUES:**                                               |   |                               |   |   |
| Natural                  gas sales                          |   | $                                  | 31,300 |   |
| Total                  revenues                             |   |                               | 31,300 |   |
|                                                        |   |                               |   |   |
| **COSTS                  AND EXPENSES:**                    |   |                               |   |   |
| Production                  expenses                        |   |                               | 2,700  |   |
| Depletion                                                   |   |                               | 13,500 |   |
| Accretion                  of asset retirement obligation   |   |                               | 900    |   |
| General                  and administrative expenses        |   |                               | 800    |   |
| Total                  expenses                             |   |                               | 17,900 |   |
|                                                        |   |                               |   |   |
| **Net                  earnings**                           |   | $                                  | 13,400 |   |
|                                                        |   |                               |   |   |
| **Allocation                  of net earnings:**            |   |                               |   |   |
| Managing                  general partner                   |   | $                                  | 7,600  |   |
| Investor                  partners                          |   | $                                  | 5,800  |   |
| Net                  earnings per investor partnership unit |   | $                                  | 1      |   |

**ATLAS        AMERICA PUBLIC #15-2006 (B) L.P.**

**STATEMENT        OF PARTNERS’ CAPITAL ACCOUNTS **

**FOR        THE SIX MONTHS ENDED June 30, 2006**

**For**
**the        period May 9, 2006 (date of formation) through June 30,        2006**

**(Unaudited)**

|                                                                            |   | **Managing** |        |         |   |        |   |
|---------------------------------------------------------------------------------|--------|--------------|-------------|--------------|--------|-------------|--------|
|                                                                            |   | **General**  |        | **Investor** |   |        |   |
|                                                                            |   | **Partner**  |        | **Partners** |   | **Total**   |   |
|                                                                            |   |         |        |         |   |        |   |   |   |   |
| **Balance                  at January 1, 2006**                                 |   | $            | ―     |         | $      | ―     |   | $ | ― |   |
|                                                                            |   |         |        |         |   |        |   |   |   |   |
| Partners                  capital contributions:                                |   |         |        |         |   |        |   |   |   |   |
| Cash                                                                            |   |         | ―     |         |   | 114,251,700 |   |   | 114,251,700 |   |
| Syndication                  and offering costs                                 |   |         | 13,710,200  |         |   | ―     |   |   | 13,710,200 |   |
| Tangible                  equipment/leasehold costs                             |   |         | 3,634,400   |         |   | ―     |   |   | 3,634,400 |   |
| Total                  contributions                                            |   |         | 17,344,600  |         |   | 114,251,700 |   |   | 131,596,300 |   |
|                                                                            |   |         |        |         |   |        |   |   |   |   |
| Syndication                  and offering costs, immediately charged to capital |   |         | (13,710,200 | )            |   | ―     |   |   | (13,710,200 | ) |
|                                                                            |   |         | 3,634,400   |         |   | 114,251,700 |   |   | 117,886,100 |   |
|                                                                            |   |         |        |         |   |        |   |   |   |   |
| Participation                  in revenues and expenses:                        |   |         |        |         |   |        |   |   |   |   |
| Net                  production revenues                                        |   |         | 10,300      |         |   | 18,300      |   |   | 28,600 |   |
| Depletion                                                                       |   |         | (2,100      | )            |   | (11,400     | )      |   | (13,500 | ) |
| General                  and administrative                                     |   |         | (300        | )            |   | (500        | )      |   | (800 | ) |
| Accretion                  of asset retirement obligation                       |   |         | (300        | )            |   | (600        | )      |   | (900 | ) |
| Net                  earnings                                                   |   |         | 7,600       |         |   | 5,800       |   |   | 13,400 |   |
|                                                                            |   |         |        |         |   |        |   |   |   |   |
| **Balance                  at June 30, 2006**                                   |   | $            | 3,642,000   |         | $      | 114,257,500 |   | $ | 117,899,500 |   |

**ATLAS        AMERICA PUBLIC 15-2006(B) L.P.**

**STATEMENT        OF CASH FLOWS **

**For**
**the        period May 9, 2006 (date of formation) through June 30,        2006**

**(Unaudited)**

|                                                                                                              |   | **Six                  Months**    |        |
|-------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|-------------|
|                                                                                                              |   | **Ended**                          |        |
|                                                                                                              |   | **June                  30, 2006** |        |
| **Cash                  flows from operating activities:**                                                        |   |                               |        |   |
| Net                  earnings                                                                                     |   | $                                  | 13,400      |   |
| Adjustments                  to reconcile net earnings to net cash used in operating                  activities: |   |                               |        |   |
| Depletion                                                                                                         |   |                               | 13,500      |   |
| Accretion                  of asset retirement obligation                                                         |   |                               | 900         |   |
| Increase                  in accounts receivable - affiliate                                                      |   |                               | (95,847,300 | ) |
| Net                  cash used in operating activities                                                       |   |                               | (95,819,500 | ) |
|                                                                                                              |   |                               |        |   |
| **Cash                  flows from investing activities:**                                                        |   |                               |        |   |
| Oil                  and gas well drilling contracts paid to managing general                  partner            |   |                               | (18,432,200 | ) |
| Net                  cash used in investing activities                                                            |   |                               | (18,432,200 | ) |
|                                                                                                              |   |                               |        |   |
| **Cash                  flows from financing activities:**                                                        |   |                               |        |   |
| Partners                  capital contributions                                                                   |   |                               | 114,251,700 |   |
| Net                  cash provided by financing activities                                                        |   |                               | 114,251,700 |   |
|                                                                                                              |   |                               |        |   |
| Net                  increase in cash and cash equivalents                                                   |   |                               | ―     |   |
| Cash                  and cash equivalents at beginning of period                                            |   |                               | ―     |   |
| Cash                  and cash equivalents at end of period                                                  |   | $                                  | ―     |   |
|                                                                                                              |   |                               |        |   |
| **Supplemental                  schedule of non-cash investing and financing                  activities:**       |   |                               |        |   |
|                                                                                                              |   |                               |        |   |
| Assets                  contributed by the managing general partner:                                              |   |                               |        |   |
| Tangible                  equipment/leasehold costs                                                               |   | $                                  | 3,634,400   |   |
| Syndication                  and offering costs                                                                   |   |                               | 13,710,200  |   |
|                                                                                                              |   | $                                  | 17,344,600  |   |
|                                                                                                              |   |                               |        |   |
| Asset                  retirement obligation                                                                      |   | $                                  | 31,600      |   |

**ATLAS        AMERICA PUBLIC 15-2006(B) L.P.**

**NOTES        TO FINANCIAL STATEMENTS**

**June        30, 2006**

**(Unaudited)**

**NOTE        1 **
**-**
**        NATURE OF OPERATIONS**

**Atlas        Resources, LLC Change in Fiscal Year End**

**            **

**NOTE        2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

**Receivables**

**Revenue        Recognition**

**ATLAS        AMERICA PUBLIC 15-2006(B) L.P.**

**NOTES        TO FINANCIAL STATEMENTS **

**June        30, 2006**

**(Unaudited)**

**Asset        Retirement Obligation**

|                                                                      |   | **Three                  and Six** |    |
|---------------------------------------------------------------------------|--------|------------------------------------|---------|
|                                                                      |   | **Months**                         |    |
|                                                                      |   |                               |    |   |
| Asset                  retirement obligation at beginning of period       |   | $                                  | ― |   |
| Liabilities                  incurred from drilling wells                 |   |                               | 31,600  |   |
| Accretion                  expense                                        |   |                               | 900     |   |
| Total                  asset retirement obligation at end of period  |   | $                                  | 32,500  |   |

**Concentration        of Credit Risk**

**Property        and Equipment**

| Oil                  and gas properties consist of the following at the dates                  indicated: |   | **June                  30,** |       |
|-----------------------------------------------------------------------------------------------------------|--------|-------------------------------|------------|
|                                                                                                      |   | **2006**                      |       |
| Capitalized                  costs of properties:                                                         |   |                          |       |   |
| Proved                  properties                                                                        |   | $                             | 977,100    |   |
| Wells                  and related equipment                                                              |   |                          | 21,121,100 |   |
|                                                                                                      |   |                          | 22,098,200 |   |
| Accumulated                  depletion                                                                    |   |                          | (13,500    | ) |
|                                                                                                      |   | $                             | 22,084,700 |   |

**NOTE        3 **
**-**
**        TRANSACTIONS WITH ATLAS RESOURCES, LLC AND ITS AFFILIATES**

| ·   | Administrative                costs which are included in general and administrative expenses in                the                Partnership’s Statement of Operations are payable at $75 per well per                month. Administrative costs incurred for the three and six months                ended                June 30, 2006 were $400. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | Monthly                well supervision fees which are included in production expenses in                the                Partnership’s Statement of Operations are payable at $285 per well                per month for operating and maintaining the wells. Well supervision                fees                incurred for the three and six months ended June 30, 2006 were                $1,600. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**ATLAS        AMERICA PUBLIC 15-2006(B) L.P.**

**NOTES        TO FINANCIAL STATEMENTS **

**June        30, 2006**

**(Unaudited)**

**NOTE        3 **
**-**
**        TRANSACTIONS WITH ATLAS RESOURCES, LLC AND ITS AFFILIATES        (CONTINUED)**

| ·   | Transportation                fees which are included in production expenses in the Partnership’s                Statement of Operations are payable at 10% of the natural gas sales                price. Transportation costs incurred for the three and six months                ended                June 30, 2006 were $1,100. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ·   | As                of June 30, 2006, the Partnership has funded $114,251,700 to our                MGP for well drilling contracts of which $18,432,200 has been spent                to date on well drilling costs and the remaining balance of $95,819,500                is                shown as part of Accounts receivable-affiliate, due from our MGP                on our                balance sheet. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Comprehensive        Income**

**Subordination        of Managing General Partner’s Revenue Share**

**NOTE        4 - SUBSEQUENT EVENTS**

| **ITEM                  2.** | **MANAGEMENT’S                  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION** |
|------------------------------|----------------------------------------------------------------------------------------|
|                         | **OR                  PLAN OF OPERATIONS                  (UNAUDITED)**                |

**Forward-Looking        Statements**

**General**

**Results        of Operations**

|                                                 |   | **Three                  and Six Months** |    |
|------------------------------------------------------|--------|-------------------------------------------|---------|
|                                                 |   | **Ended**                                 |    |
|                                                 |   | **June                  30,**             |    |
|                                                 |   | **2006**                                  |    |
| Production                  revenues (in thousands): |   |                                      |    |   |
| Gas                                                  |   | $                                         | 31,300  |   |
| Oil                                                  |   | $                                         | ― |   |
| Total                                                |   | $                                         | 31,300  |   |
|                                                 |   |                                      |    |   |
| Production                  volumes:                 |   |                                      |    |   |
| Gas                  (mcf/day) (1)              |   |                                      | 78      |   |
| Oil                  (bbls/day) (1)                  |   |                                      | ― |   |
| Total                  (mcfe/day) (1)                |   |                                      | 78      |   |
|                                                 |   |                                      |    |   |
| Average                  sales prices:               |   |                                      |    |   |
| Gas                  (per mcf) (1)                   |   | $                                         | 7.89    |   |
| Oil                  (per bbl) (1)                   |   | $                                         | ― |   |
|                                                 |   |                                      |    |   |
| Average                  production costs:           |   |                                      |    |   |
| As                  a percent of sales               |   |                                      | 9       | % |
| Per                  mcfe (1)                        |   | $                                         | .68     |   |
|                                                 |   |                                      |    |   |
| Depletion                  per mcfe                  |   | $                                         | 3.40    |   |

|   |   |
|--------|--------|
| (1)   | “Mcf”                means thousand cubic feet, “mcfe” means thousand cubic feet equivalent and                “bbls” means barrels. Bbls are converted to mcfe using the ratio of six                mcfs to one bbl. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Liquidity        and Capital Resources. **

**Critical        Accounting Policies**

**ITEM        3. CONTROLS AND PROCEDURES **

**Evaluation        of Disclosure Controls and Procedures**

**PART        II.**
**OTHER        INFORMATION**

**ITEM        6. Exhibits**

**EXHIBIT        INDEX**

| **Exhibit                  No.** |   | **Description**                                                                                                                                                           |
|----------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                             |   |                                                                                                                                                                      |
| 31.1                             |   | Certification                  Pursuant to Rule 13a-14/15(d)-14                                                                                                           |
| 31.2                             |   | Certification                  Pursuant to Rule 13a-14/15(d)-14                                                                                                           |
| 32.1                             |   | Certification                  Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                  906 of                  the Sarbanes-Oxley Act of 2002 |
| 32.2                             |   | Certification                  Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section                  906 of                  the Sarbanes-Oxley Act of 2002 |

**SIGNATURES**

| Pursuant                    to the requirements of the Securities of the Exchange Act of                    1934, the                    registrant has duly caused this |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| report                    to be signed on its behalf by the undersigned, thereunto duly                    authorized.                                                   |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
| Atlas                    America Public #15-2006 (B) L.P.                                                                                                                |   |   |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   | Atlas                    Resources, LLC, Managing General Partner |
|                                                                                                                                                                     |   |   |
| Date:                    August 14, 2006                                                                                                                                 |   | By:/s/                    Freddie M. Kotek |
|                                                                                                                                                                     |   | Freddie                    M. Kotek, Chairman of the Board of Directors, Chief |
|                                                                                                                                                                     |   | Executive                    Officer and President |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
| 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.                                                                                          |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
| Date:                    August 14, 2006                                                                                                                                 |   | By:/s/                    Freddie M. Kotek |
|                                                                                                                                                                     |   | Freddie                    M. Kotek, Chairman of the Board of Directors, Chief |
|                                                                                                                                                                     |   | Executive                    Officer and President |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |
| Date:                    August 14, 2006                                                                                                                                 |   | By:/s/                    Nancy J. McGurk |
|                                                                                                                                                                     |   | Nancy                    J. McGurk, Vice President, Chief Financial Officer and |
|                                                                                                                                                                     |   | Chief                    Accounting Officer |
|                                                                                                                                                                     |   |   |
|                                                                                                                                                                     |   |   |