SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549



                                    FORM 10-Q


               Quarterly Report Pursuant to Section 13 or 15(d)
                    of the Securities Exchange Act of 1934


For the quarter ended                     Commission File Number
 September 30, 2001                              0-13430



                       DYCO OIL AND GAS PROGRAM 1984-1
                           (A LIMITED PARTNERSHIP)
            (Exact Name of Registrant as specified in its charter)



         Minnesota                                  41-1465070
(State or other jurisdiction            (I.R.S. Employer Identification
   of incorporation or                                Number)
     organization)



Samson Plaza, Two West Second Street, Tulsa, Oklahoma  74103
------------------------------------------------------------
(Address of principal executive offices)              (Zip Code)



                                 (918) 583-1791
       ----------------------------------------------------
        (Registrant's telephone number, including area code)


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
                            ------                    ------




                                      -1-
<PAGE>




                        PART I. FINANCIAL INFORMATION


ITEM 1.  FINANCIAL STATEMENTS

             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                                 BALANCE SHEETS
                                   (Unaudited)

                                     ASSETS

                                              September 30,    December 31,
                                                  2001             2000
                                              -------------    ------------

CURRENT ASSETS:
   Cash and cash equivalents                      $ 19,326        $ 35,918
   Accrued oil and gas sales                        42,888         127,342
                                                  --------        --------
      Total current assets                        $ 62,214        $163,260

NET OIL AND GAS PROPERTIES, utilizing
   the full cost method                            171,340         218,666

DEFERRED CHARGE                                     54,752          54,752
                                                  --------        --------
                                                  $288,306        $436,678
                                                  ========        ========

                        LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
   Accounts payable                               $  4,363        $  3,493
                                                  --------        --------
      Total current liabilities                   $  4,363        $  3,493

ACCRUED LIABILITY                                 $ 18,674        $ 23,404

PARTNERS' CAPITAL:
   General Partner, 55 general
      partner units                               $  2,653        $  4,098
   Limited Partners, issued and
      outstanding, 5,500 Units                     262,616         405,683
                                                  --------        --------
      Total Partners' capital                     $265,269        $409,781
                                                  --------        --------
                                                  $288,306        $436,678
                                                  ========        ========







            The accompanying condensed notes are an integral part of
                           these financial statements.



                                      -2-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                           STATEMENTS OF OPERATIONS
            FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                                 2001              2000
                                               --------          ---------

REVENUES:
   Oil and gas sales                            $67,792          $186,590
   Interest                                         649             2,343
                                                -------          --------
                                                $68,441          $188,933

COSTS AND EXPENSES:
   Oil and gas production                       $18,149          $ 33,370
   Depreciation, depletion, and
      amortization of oil and gas
      properties                                 21,189             9,558
   General and administrative
      (Note 2)                                   14,725            14,892
                                                -------          --------
                                                $54,063          $ 57,820
                                                -------          --------

NET INCOME                                      $14,378          $131,113
                                                =======          ========
GENERAL PARTNER (1%) - net
   income                                       $   144          $  1,311
                                                =======          ========
LIMITED PARTNERS (99%) - net
   income                                       $14,234          $129,802
                                                =======          ========
NET INCOME PER UNIT                             $  2.59          $  23.60
                                                =======          ========
UNITS OUTSTANDING                                 5,555             5,555
                                                =======          ========



            The accompanying condensed notes are an integral part of
                           these financial statements.



                                      -3-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                           STATEMENTS OF OPERATIONS
            FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                                 2001              2000
                                               ---------         ---------

REVENUES:
   Oil and gas sales                            $391,407         $494,530
   Interest                                        2,664            4,969
                                                --------         --------
                                                $394,071         $499,499

COSTS AND EXPENSES:
   Oil and gas production                       $ 53,884         $ 89,847
   Depreciation, depletion, and
      amortization of oil and gas
      properties                                  45,515           27,870
   General and administrative
      (Note 2)                                    50,334           48,789
                                                --------         --------
                                                $149,733         $166,506
                                                --------         --------

NET INCOME                                      $244,338         $332,993
                                                ========         ========
GENERAL PARTNER (1%) - net
   income                                       $  2,443         $  3,330
                                                ========         ========
LIMITED PARTNERS (99%) - net
   income                                       $241,895         $329,663
                                                ========         ========
NET INCOME PER UNIT                             $  43.99         $  59.94
                                                ========         ========
UNITS OUTSTANDING                                  5,555            5,555
                                                ========         ========



            The accompanying condensed notes are an integral part of
                           these financial statements.



                                      -4-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                           STATEMENTS OF CASH FLOWS
            FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2001 AND 2000
                                   (Unaudited)

                                                  2001             2000
                                                ---------       ----------

CASH FLOWS FROM OPERATING ACTIVITIES:
   Net income                                   $244,338          $332,993
   Adjustments to reconcile net income
      to net cash provided by operating
      activities:
      Depreciation, depletion, and
        amortization of oil and gas
        properties                                45,515            27,870
      (Increase) decrease in accrued
        oil and gas sales                         84,454         (  50,526)
      Decrease in deferred charge                      -             1,640
      Increase (decrease) in accounts
        payable                                      870         (      32)
      Increase (decrease) in accrued
        liability                              (   4,730)            6,007
                                                --------          --------
   Net cash provided by operating
      activities                                $370,447          $317,952
                                                --------          --------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Proceeds from the sale of oil and
      gas properties                            $  1,811          $ 16,586
   Additions to oil and gas properties                 -         (  51,635)
                                                --------          --------
   Net cash provided (used) by
      investing activities                      $  1,811         ($ 35,049)
                                                --------          --------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Cash distributions                          ($388,850)        ($333,300)
                                                --------          --------
   Net cash used by financing
      activities                               ($388,850)        ($333,300)
                                                --------          --------

NET DECREASE IN CASH AND CASH
   EQUIVALENTS                                 ($ 16,592)        ($ 50,397)

CASH AND CASH EQUIVALENTS AT
   BEGINNING OF PERIOD                            35,918           132,902
                                                --------          --------
CASH AND CASH EQUIVALENTS AT
   END OF PERIOD                                $ 19,326          $ 82,505
                                                ========          ========

            The accompanying condensed notes are an integral part of
                           these financial statements.



                                      -5-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                   CONDENSED NOTES TO FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2001
                                   (Unaudited)


1.    ACCOUNTING POLICIES
      -------------------

      The balance sheet as of September 30, 2001,  statements of operations  for
      the  three  and  nine  months  ended  September  30,  2001 and  2000,  and
      statements of cash flows for the nine months ended  September 30, 2001 and
      2000  have been  prepared  by Dyco  Petroleum  Corporation  ("Dyco"),  the
      General Partner of the Dyco Oil and Gas Program 1984-1 Limited Partnership
      (the  "Program"),   without  audit.  In  the  opinion  of  management  all
      adjustments (which include only normal recurring adjustments) necessary to
      present  fairly the financial  position at September 30, 2001,  results of
      operations  for the three and nine  months  ended  September  30, 2001 and
      2000,  and changes in cash flows for the nine months ended  September  30,
      2001 and 2000 have been made.

      Information  and  footnote  disclosures  normally  included  in  financial
      statements  prepared in  accordance  with  generally  accepted  accounting
      principles  have been  condensed or omitted.  It is  suggested  that these
      financial  statements be read in conjunction with the financial statements
      and notes thereto included in the Program's Annual Report on Form 10-K for
      the year ended December 31, 2000. The results of operations for the period
      ended September 30, 2001 are not necessarily  indicative of the results to
      be expected for the full year.

      OIL AND GAS PROPERTIES
      ----------------------

      Oil and gas  operations  are  accounted  for using the full cost method of
      accounting.  All productive and  non-productive  costs associated with the
      acquisition,  exploration  and  development  of oil and gas  reserves  are
      capitalized.  During the nine months ended September 30, 2000, the Program
      paid  recompletion  costs of approximately  $52,000 on the Hubbard No. 1-A
      well  located in Beckham  County,  Oklahoma  in which the  Program  owns a
      working  interest of  approximately  20.9%.  The Program's  calculation of
      depreciation,   depletion,  and  amortization  includes  estimated  future
      expenditures  to be incurred in developing  proved  reserves and estimated
      dismantlement  and abandonment  costs, net of estimated salvage values. In
      the event the unamortized  cost of oil and gas properties  being amortized
      exceeds the full cost ceiling (as defined by the  Securities  and Exchange
      Commission),  the excess is charged to expense in the period  during which
      such excess occurs. Sales and abandonments of



                                      -6-
<PAGE>



      properties are accounted for as  adjustments of capitalized  costs with no
      gain or loss recognized, unless such adjustments would significantly alter
      the  relationship  between  capitalized  costs  and  proved  oil  and  gas
      reserves.  The provision for  depreciation, depletion, and amortization of
      oil and gas properties is  calculated by  dividing  the oil and  gas sales
      dollars  during the  period by the  estimated  future  gross  income  from
      the oil and gas properties  and  applying the  resulting  rate to  the net
      remaining  costs of oil and gas  properties that  have  been  capitalized,
      plus estimated future development costs.


2.    TRANSACTIONS WITH RELATED PARTIES
      ---------------------------------

      Under the terms of the Program's partnership  agreement,  Dyco is entitled
      to  receive a  reimbursement  for all  direct  expenses  and  general  and
      administrative, geological and engineering expenses it incurs on behalf of
      the Program.  During the three months ended  September  30, 2001 and 2000,
      the  Program   incurred  such  expenses   totaling  $14,725  and  $14,892,
      respectively,  of which  $12,006  was  paid  each  period  to Dyco and its
      affiliates.  During the nine months ended September 30, 2001 and 2000, the
      Program incurred such expenses totaling $50,334 and $48,789, respectively,
      of which $36,018 was paid each period to Dyco and its affiliates.

      Affiliates of the Program  operate  certain of the  Program's  properties.
      Their  policy is to bill the  Program for all  customary  charges and cost
      reimbursements associated with these activities.







                                      -7-
<PAGE>



ITEM 2.     MANAGEMENT'S  DISCUSSION  AND ANALYSIS OF FINANCIAL  CONDITION AND
            RESULTS OF OPERATIONS


USE OF FORWARD-LOOKING STATEMENTS AND ESTIMATES
-----------------------------------------------

      This Quarterly Report contains  certain  forward-looking  statements.  The
      words "anticipate",  "believe",  "expect",  "plan", "intend",  "estimate",
      "project", "could", "may" and similar expressions are intended to identify
      forward-looking  statements.  Such statements reflect management's current
      views  with  respect  to future  events and  financial  performance.  This
      Quarterly Report also includes certain information,  which is, or is based
      upon,  estimates  and  assumptions.  Such  estimates and  assumptions  are
      management's  efforts to accurately reflect the condition and operation of
      the Program.

      Use of  forward-looking  statements and estimates and assumptions  involve
      risks  and  uncertainties  which  include,  but are not  limited  to,  the
      volatility of oil and gas prices, the uncertainty of reserve  information,
      the operating risk associated  with oil and gas properties  (including the
      risk of personal injury,  death,  property  damage,  damage to the well or
      producing  reservoir,  environmental  contamination,  and other  operating
      risks), the prospect of changing tax and regulatory laws, the availability
      and capacity of  processing  and  transportation  facilities,  the general
      economic climate,  the supply and price of foreign imports of oil and gas,
      the level of consumer  product demand,  and the price and  availability of
      alternative  fuels.  Should  one or more of these  risks or  uncertainties
      occur or should  estimates  or  underlying  assumptions  prove  incorrect,
      actual  conditions or results may vary materially and adversely from those
      stated, anticipated, believed, estimated, and otherwise indicated.


LIQUIDITY AND CAPITAL RESOURCES
-------------------------------

      Net  proceeds  from the  Program's  operations  less  necessary  operating
      capital  are  distributed  to  investors  on a  quarterly  basis.  The net
      proceeds from production are not reinvested in productive  assets,  except
      to the extent  that  producing  wells are  improved  or where  methods are
      employed to permit more efficient recovery of the Program's reserves which
      would result in a positive economic impact.







                                      -8-
<PAGE>




      The Program's  available capital from  subscriptions has been spent on oil
      and gas  drilling  activities.  There  should not be any further  material
      capital  resource  commitments  in the  future.  However,  during the nine
      months ended  September  30, 2000 the Program paid  recompletion  costs of
      approximately  $52,000  on the  Hubbard  No.  1-A well  located in Beckham
      County,  Oklahoma in which the Program  owns an interest of  approximately
      20.9%.  The   recompletion  was  successful.   The  Program  has  no  debt
      commitments.  Management  believes  that  cash  for  ordinary  operational
      purposes will be provided by current oil and gas production.


RESULTS OF OPERATIONS
---------------------

      GENERAL DISCUSSION

      The following  general  discussion  should be read in conjunction with the
      analysis  of results of  operations  provided  below.  The most  important
      variables affecting the Program's revenues are the prices received for the
      sale of oil and gas and the volumes of oil and gas produced. The Program's
      production is mainly natural gas, so such pricing and volumes are the most
      significant factors.

      Due to the volatility of oil and gas prices,  forecasting future prices is
      subject to great  uncertainty  and  inaccuracy.  Substantially  all of the
      Program's gas reserves are being sold on the "spot market".  Prices on the
      spot market are subject to wide seasonal and regional pricing fluctuations
      due to the highly competitive nature of the spot market.  Such spot market
      sales are  generally  short-term  in  nature  and are  dependent  upon the
      obtaining of transportation services provided by pipelines. It is likewise
      difficult  to  predict  production  volumes.  However,  oil  and  gas  are
      depleting  assets,  so it can be  expected  that  production  levels  will
      decline  over  time.   Gas  prices  in  late  2000  and  early  2001  were
      significantly  higher  than the  Program's  historical  average.  This was
      attributable to the higher prices for crude oil, a substitute fuel in some
      markets,  and reduced production due to lower capital  investments in 1998
      and 1999.  In the last  several  months,  however,  spot gas  prices  have
      substantially   declined.   A  weakening   economy  and  recent  terrorist
      activities may result in additional  downward pricing pressure.  It is not
      possible to accurately predict future pricing direction.








                                      -9-
<PAGE>





      THREE MONTHS ENDED  SEPTEMBER  30, 2001 COMPARED TO THE THREE MONTHS ENDED
      SEPTEMBER 30, 2000.

                                            Three Months Ended September 30,
                                            --------------------------------
                                                     2001           2000
                                                   -------        --------
      Oil and gas sales                            $67,792        $186,590
      Oil and gas production expenses              $18,149        $ 33,370
      Barrels produced                                 105              95
      Mcf produced                                  24,277          41,782
      Average price/Bbl                            $ 25.01        $  47.11
      Average price/Mcf                            $  2.68        $   4.36

      As shown in the table above,  total oil and gas sales  decreased  $118,798
      (63.7%) for the three months ended  September  30, 2001 as compared to the
      three months ended  September  30, 2000. Of this  decrease,  approximately
      $76,000 was related to a decrease in volumes of gas sold and approximately
      $41,000  was  related  to a  decrease  in the  average  price of gas sold.
      Volumes  of oil sold  increased  10  barrels,  while  volumes  of gas sold
      decreased  17,505 Mcf for the three  months  ended  September  30, 2001 as
      compared to the three months  ended  September  30, 2000.  The decrease in
      volumes  of  gas  sold  was  primarily  due  to  (i)  normal  declines  in
      production, (ii) the receipt of a reduced percentage of sales on two wells
      during the three months ended September 30, 2001 due to gas balancing, and
      (iii) the  receipt of an  increased  percentage  of sales on another  well
      during the three months ended September 30, 2000 due to gas balancing.  As
      of the date of this Quarterly Report, management expects the gas balancing
      adjustments to continue for the foreseeable future,  thereby continuing to
      affect  volumes of gas produced.  Average oil and gas prices  decreased to
      $25.01 per barrel and $2.68 per Mcf,  respectively,  for the three  months
      ended  September  30,  2001  from  $47.11  per  barrel  and $4.36 per Mcf,
      respectively, for the three months ended September 30, 2000.

      Oil and gas production  expenses  (including lease operating  expenses and
      production  taxes)  decreased  $15,221  (45.6%) for the three months ended
      September  30, 2001 as compared to the three  months ended  September  30,
      2000.  This decrease was  primarily due to a decrease in production  taxes
      associated  with the decrease in oil and gas sales. As a percentage of oil
      and gas sales,  these  expenses  increased  to 26.8% for the three  months
      ended  September 30, 2001 from 17.9% for the three months ended  September
      30, 2000. This  percentage  increase was primarily due to the decreases in
      the average prices of oil and gas sold.




                                      -10-
<PAGE>





      Depreciation,  depletion,  and  amortization  of oil  and  gas  properties
      increased  $11,631  (121.7%) for the three months ended September 30, 2001
      as compared to the three months ended  September  30, 2000.  This increase
      was  primarily due to a decrease in the gas price used in the valuation of
      reserves at  September  30, 2001 as compared to September  30, 2000.  This
      increase was partially  offset by a decrease in  depreciation,  depletion,
      and  amortization  due to the  decrease  in  volumes  of  gas  sold.  As a
      percentage of oil and gas sales,  this expense  increased to 31.3% for the
      three months ended September 30, 2001 from 5.1% for the three months ended
      September  30, 2000.  This  percentage  increase was  primarily due to the
      decreases  in the  average  prices  of oil and  gas  sold  and the  dollar
      increase in depreciation, depletion, and amortization.

      General and  administrative  expenses  decreased $167 (1.1%) for the three
      months  ended  September  30, 2001 as compared to the three  months  ended
      September 30, 2000. As a percentage of oil and gas sales,  these  expenses
      increased to 21.7% for the three months ended September 30, 2001 from 8.0%
      for the three months ended September 30, 2000.  This  percentage  increase
      was primarily due to the decrease in oil and gas sales.

      NINE MONTHS  ENDED  SEPTEMBER  30, 2001  COMPARED TO THE NINE MONTHS ENDED
      SEPTEMBER 30, 2000.

                                              Nine Months Ended September 30,
                                              -------------------------------
                                                     2001           2000
                                                   --------       --------
      Oil and gas sales                            $391,407       $494,530
      Oil and gas production expenses              $ 53,884       $ 89,847
      Barrels produced                                  425            660
      Mcf produced                                   76,995        139,911
      Average price/Bbl                            $  26.65       $  30.40
      Average price/Mcf                            $   4.94       $   3.39

      As shown in the table above,  total oil and gas sales  decreased  $103,123
      (20.9%) for the nine months  ended  September  30, 2001 as compared to the
      nine months ended  September  30, 2000.  Of this  decrease,  approximately
      $213,000 was related to a decrease in volumes of gas sold.  This  decrease
      was partially offset by an increase of  approximately  $119,000 related to
      an increase in the average price of gas sold.  Volumes of oil and gas sold
      decreased  235 barrels and 62,916 Mcf,  respectively,  for the nine months
      ended  September  30, 2001 as compared to the nine months ended  September
      30, 2000. The decrease in volumes of gas sold was primarily due to (i) the
      receipt of an increased percentage of sales on several wells during the



                                      -11-
<PAGE>



      nine  months  ended  September  30,  2000 due to gas  balancing,  (ii) the
      receipt of a reduced  percentage  of sales on two other  wells  during the
      nine months ended  September  30, 2001 due to gas  balancing,  and (iii) a
      decline in production on one  significant  well  following the  successful
      recompletion of that well during the first quarter of 2000. As of the date
      of this Quarterly Report, management expects the gas balancing adjustments
      to continue  for the  foreseeable  future,  thereby  continuing  to affect
      volumes of gas produced. Average oil prices decreased to $26.65 per barrel
      for the nine months  ended  September  30, 2001 from $30.40 per barrel for
      the nine months ended September 30, 2000.  Average gas prices increased to
      $4.94 per Mcf for the nine months ended  September 30, 2001 from $3.39 per
      Mcf for the nine months ended September 30, 2000.

      Oil and gas production  expenses  (including lease operating  expenses and
      production  taxes)  decreased  $35,963  (40.0%) for the nine months  ended
      September  30, 2001 as compared to the nine  months  ended  September  30,
      2000. This decrease was primarily due to (i) a decrease in lease operating
      expenses  associated with the decreases in volumes of oil and gas sold and
      (ii) a decrease in production  taxes  associated  with the decrease in oil
      and gas  sales.  As a  percentage  of oil and gas  sales,  these  expenses
      decreased to 13.8% for the nine months ended September 30, 2001 from 18.2%
      for the nine months ended September 30, 2000. This percentage decrease was
      primarily  due to the  increase in the  average  price of gas sold and the
      dollar decrease in oil and gas production expenses.

      Depreciation,  depletion,  and  amortization  of oil  and  gas  properties
      increased  $17,645 (63.3%) for the nine months ended September 30, 2001 as
      compared to the nine months ended  September  30, 2000.  This increase was
      primarily  due to (i) a decrease in the gas price used in the valuation of
      reserves at September  30, 2001 as compared to September 30, 2000 and (ii)
      the  increase  in the  average  price of gas sold.  These  increases  were
      partially   offset  by  a  decrease  in   depreciation,   depletion,   and
      amortization  due to the  decreases  in volumes of oil and gas sold.  As a
      percentage of oil and gas sales,  this expense  increased to 11.6% for the
      nine months ended  September  30, 2001 from 5.6% for the nine months ended
      September  30, 2000.  This  percentage  increase was  primarily due to the
      dollar increase in depreciation, depletion, and amortization.

      General and administrative  expenses  increased $1,545 (3.2%) for the nine
      months  ended September  30, 2001 as  compared  to the nine  months  ended
      September 30,2000. As a percentage  of oil and gas sales,  these  expenses
      increased to 12.9% for the nine months ended September  30, 2001 from 9.9%
      for the nine months ended September 30, 2000. This percentage increase was
      primarily due to the decrease in oil and gas sales.



                                      -12-
<PAGE>






ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
            RISK.

            The Program does not hold any market risk sensitive instruments.




                                      -13-
<PAGE>



                          PART II. OTHER INFORMATION


ITEM 5.  OTHER INFORMATION

      On November 1, 2001 Craig D.  Loseke was named Chief  Financial  Officer
      of Dyco.


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)   Exhibits

            None.

(b)   Reports on Form 8-K.

            None.





                                      -14-
<PAGE>



                                   SIGNATURES

Pursuant  to the  requirements  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.


                              DYCO OIL AND GAS PROGRAM 1984-1 LIMITED
                              PARTNERSHIP

                                    (Registrant)

                                    BY:   DYCO PETROLEUM CORPORATION

                                          General Partner


Date:  November 13, 2001            By:         /s/Dennis R. Neill
                                       -------------------------------
                                              (Signature)
                                              Dennis R. Neill
                                              President


Date:  November 13, 2001            By:         /s/Craig D. Loseke
                                       -------------------------------
                                              (Signature)
                                              Craig D. Loseke
                                              Chief Financial Officer


                                      -16-