WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 355411
<NAME> Oppenheimer International Growth Fund/VA
<SERIES>
<NUMBER> 7
<NAME> Panorama Series Fund, Inc.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 148,830,891
<INVESTMENTS-AT-VALUE> 165,801,812
<RECEIVABLES> 3,261,785
<ASSETS-OTHER> 1,997
<OTHER-ITEMS-ASSETS> 4,014
<TOTAL-ASSETS> 169,069,608
<PAYABLE-FOR-SECURITIES> 168,634
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 274,061
<TOTAL-LIABILITIES> 442,695
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 117,136,587
<SHARES-COMMON-STOCK> 83,516,997
<SHARES-COMMON-PRIOR> 63,952,533
<ACCUMULATED-NII-CURRENT> 565,240
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33,934,274
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16,990,812
<NET-ASSETS> 168,626,913
<DIVIDEND-INCOME> 1,509,598
<INTEREST-INCOME> 61,326
<OTHER-INCOME> 0
<EXPENSES-NET> 977,222
<NET-INVESTMENT-INCOME> 593,702
<REALIZED-GAINS-CURRENT> 34,174,256
<APPREC-INCREASE-CURRENT> (27,426,001)
<NET-CHANGE-FROM-OPS> 7,341,957
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,797,509
<DISTRIBUTIONS-OF-GAINS> 28,230,274
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,646,212
<NUMBER-OF-SHARES-REDEEMED> 26,309,846
<SHARES-REINVESTED> 13,228,098
<NET-CHANGE-IN-ASSETS> 21,281,922
<ACCUMULATED-NII-PRIOR> 1,769,047
<ACCUMULATED-GAINS-PRIOR> 27,990,292
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 820,010
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 978,072
<AVERAGE-NET-ASSETS> 165,014,000
<PER-SHARE-NAV-BEGIN> 2.30
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.16
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0.42
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 2.02
<EXPENSE-RATIO> 1.19
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
