FIRST AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT

Exhibit 3.1

FIRST AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT

This FIRST AMENDMENT (this “Amendment”) to the Limited Partnership Agreement (the “Agreement”) of PDC 2004-B Limited Partnership (the “Partnership”) is made as of this 8th day of December, 2010. Capitalized terms used but not defined in this Amendment shall have the respective meanings given to such terms in the Agreement. Each reference to “hereof,” “hereunder,” “hereby” and “this Agreement” in the Agreement shall, from and after the date of this Amendment, refer to the Agreement as amended by this Amendment.

WHEREAS, pursuant to Section 11.09 of the Agreement, the Agreement may not be amended without the consent of the Investor Partners owning a majority of the then outstanding Units entitled to vote; and

WHEREAS, at a Special Meeting of the Investor Partners held on December 8, 2010, the Investor Partners approved an amendment to the Agreement as set forth herein;

NOW, THEREFORE, the Managing General Partner of the Partnership amends the Agreement as follows:

Section 7.08 of the Agreement is hereby amended by the addition of the following sentence to the end thereof:

“In addition to the preceding voting rights of Investor Partners described in this Section, the affirmative vote of the Investor Partners holding a majority of the then outstanding Units held by the Investor Partners is required for the Partnership to enter into a merger transaction whether or not the Partnership shall be the surviving entity.”

IN WITNESS WHEREOF, the Managing General Partner has caused this Amendment to be duly executed by an authorized officer as of the date first written above.

PETROLEUM DEVELOPMENT CORPORATION,
Managing General Partner

By: /s/ Xxxxxx X. Xxxxxx                                                 
Name: Xxxxxx X. Xxxxxx
Title: General Counsel and Secretary