Steam-activated Fe-zeolites (MFI and BEA) are efficient catalysts for the N2O-mediated oxidative dehydrogenation of propane, with initial propylene yields up to 25% at 723 K, but deactivate as a result of coke formation. A tapered element oscillating microbalance (TEOM) coupled to GC analysis has been applied to correlate activity and deactivation by simultaneous measurements of reaction and coking. The presence of extraframework iron species, generated during steam treatment, is essential for producing active catalysts. The nature and distribution of extraframework iron species, the zeolite host, and the catalyst acidity have no significant effect on the initial propene yield, but strongly influence the deactivation behavior. FeZSM-5 shows a remarkable resistance against deactivation, while a very rapid and complete deactivation occurred in FeBEA. The initial propene yield over FeZSM-5 and FeBEA was remarkably higher than over commercial H-ZSM-5 and H-BEA (with 30-40 times lower iron content), although the residual activities after 400 min on stream were very similar. (C) 2004 Elsevier Inc. All rights reserved.