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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
   
                                 FORM 10-Q/A
    


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

For the quarterly period ended September 30, 1996

                                     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 0-7265


                            ENERGY VENTURES, INC.
--------------------------------------------------------------------------------
           (Exact name of Registrant as specified in its Charter)


             Delaware                                            04-2515019     
--------------------------------------                     ---------------------
   (State or other jurisdiction of                           (I.R.S. Employer
   incorporation or organization)                            Identification No.)


     5 Post Oak Park, Houston, Texas                             77027-3415
--------------------------------------------------------------------------------
(Address of principal executive offices)                         (Zip Code)


                                 (713) 297-8400
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               (Registrant's telephone number, include area code)

                                    NONE
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    (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
                                                                -----    -----

    Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date:



      Title of Class                           Outstanding at October 28, 1996
      --------------                           -------------------------------
Common Stock, par value $1.00                           22,804,716
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                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                      ENERGY VENTURES, INC.



                                  By: /s/ JAMES G. KILEY
                                      ------------------------------------------
                                      James G. Kiley
                                      Vice President and Chief Financial Officer
                                      (Principal Financial Officer)


                                  By: /s/ FRANCES R. POWELL
                                      ------------------------------------------
                                      Frances R. Powell
                                      Vice President, Accounting and Controller
                                      (Principal Accounting Officer)


Date:  November 7, 1996





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