SWIFT ENERGY INCOME PARTNERS 1986-B LTD
10-Q/A, 1995-09-29
CRUDE PETROLEUM & NATURAL GAS
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                               FORM 10-Q/A


                    SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C. 20549


      [ X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended June 30, 1995

                                    OR

      [   ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934

        For the transition period from ____________ to ___________

                     Commission File number  0-17021


                SWIFT ENERGY INCOME PARTNERS 1986-B, LTD.
         (Exact name of registrant as specified in its charter)


                   Texas                           76-0198754
              (State or other                  (I.R.S. Employer
      jurisdiction of organization)           Identification No.)


                  16825 Northchase Drive, Suite 400
                        Houston, Texas 77060
              (Address of principal executive offices)
                             (Zip Code)

                          (713) 874-2700
       (Registrant's telephone number, including area code)

                               None
 (Former name, former address and former fiscal year, if changed
                        since last report)

Indicate by check mark  whether the Registrant (1) has  filed all
reports  required  to be  filed by  Section  13 or  15(d)  of the
Securities Exchange  Act of 1934  during the preceding  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
   ---------     ---------


THIS FILING  IS  SOLELY TO  AMEND  THE 10-Q  FILING  FOR SWIFT  ENERGY  INCOME
PARTNERS 1986-B, LTD. FOR THE PERIOD ENDED JUNE 30, 1995.  THE ORIGINAL FILING
INCORRECTLY  SHOWED THE FINANCIAL  DATA SCHEDULE AS  EXHIBIT 11.   THIS FILING
CORRECTLY SHOWS THE FINANCIAL DATA SCHEDULE AS EXHIBIT 27.
<PAGE>






            Item 6 - Exhibits and Reports on Form 8-K

            Exhibit 27 - Financial Data Schedule
<PAGE>






                             SIGNATURES



   Pursuant to the requirements of Section 13 or 15(d) of the 
   Securities Exchange Act of 1934, the Registrant  has duly caused
   this report to be signed on its behalf by the undersigned 
   thereunto duly authorized.


                                              SWIFT ENERGY INCOME
                                              PARTNERS 1986-B, LTD.
                                              (Registrant)

                                              By:  SWIFT ENERGY COMPANY
                                                   Managing General Partner

       Date: August  29, 1995                 By:  /s/ Alton D. Heckaman, Jr.
             -----------------------               --------------------------
                                                   Alton D. Heckaman, Jr.
                                                   Vice President, Controller
                                                   and Principal Accounting 
                                                   Officer
<PAGE>

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the filer's
balance sheet and statement of operations as of June 30, 1995, and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                           1,425
<SECURITIES>                                         0
<RECEIVABLES>                                   41,362
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                42,787
<PP&E>                                       5,619,362
<DEPRECIATION>                               5,388,147
<TOTAL-ASSETS>                                 274,002
<CURRENT-LIABILITIES>                           82,598
<BONDS>                                              0
<COMMON>                                             0
                                0
                                          0
<OTHER-SE>                                     182,558
<TOTAL-LIABILITY-AND-EQUITY>                   274,002
<SALES>                                         95,672
<TOTAL-REVENUES>                                95,701
<CGS>                                                0
<TOTAL-COSTS>                                   92,449<F1>
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,491
<INCOME-PRETAX>                               (62,752)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (62,752)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (62,752)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>Includes lease operating expense, production taxes, and depreciation, depletion
and amortization expense.
</FN>
        

</TABLE>


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