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
   March 31, 2000                                 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

                                                 March 31,     December 31,
                                                   2000            1999
                                                 ---------     ------------

CURRENT ASSETS:
   Cash and cash equivalents                      $ 13,936        $132,902
   Accrued oil and gas sales                        73,895          73,343
                                                  --------        --------
      Total current assets                        $ 87,831        $206,245

NET OIL AND GAS PROPERTIES, utilizing
   the full cost method                            238,710         198,628

DEFERRED CHARGE                                     62,543          62,543
                                                  --------        --------
                                                  $389,084        $467,416
                                                  ========        ========

                        LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
   Accounts payable                               $  4,990        $  4,413
   Payable to General Partner (Note 2)               2,000               -
                                                  --------        --------
      Total current liabilities                   $  6,990        $  4,413

ACCRUED LIABILITY                                 $ 14,559        $ 14,559

PARTNERS' CAPITAL:
   General Partner, 55 general
      partner units                               $  3,675        $  4,484
   Limited Partners, issued and
      outstanding, 5,500 Units                     363,860         443,960
                                                  --------        --------
      Total Partners' capital                     $367,535        $448,444
                                                  --------        --------
                                                  $389,084        $467,416
                                                  ========        ========



            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 MARCH 31, 2000 AND 1999
                                   (Unaudited)

                                                 2000               1999
                                               ---------          --------

REVENUES:
   Oil and gas sales                            $115,731          $86,426
   Interest                                        1,859            1,513
                                                --------          -------
                                                $117,590          $87,939

COSTS AND EXPENSES:
   Oil and gas production                       $ 27,218          $24,086
   Depreciation, depletion, and
      amortization of oil and gas
      properties                                  11,816           17,716
   General and administrative
      (Note 2)                                    20,590           24,617
                                                --------          -------
                                                $ 59,624          $66,419
                                                --------          -------

NET INCOME                                      $ 57,966          $21,520
                                                ========          =======
GENERAL PARTNER (1%) - net
   income                                       $    580          $   215
                                                ========          =======
LIMITED PARTNERS (99%) - net
   income                                       $ 57,386          $21,305
                                                ========          =======
NET INCOME PER UNIT                             $  10.43          $  3.87
                                                ========          =======
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 CASH FLOWS
              FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND 1999
                                   (Unaudited)


                                                  2000             1999
                                                ---------       ----------

CASH FLOWS FROM OPERATING ACTIVITIES:
   Net income                                   $ 57,966          $ 21,520
   Adjustments to reconcile net income
      to net cash provided by operating
      activities:
      Depreciation, depletion, and
        amortization of oil and gas
        properties                                11,816            17,716
      (Increase) decrease in accrued
        oil and sales                          (     552)           10,437
      Increase in accounts payable                   577             1,429
      Increase in payable to General
        Partner                                    2,000                 -
                                                --------          --------
   Net cash provided by operating
      activities                                $ 71,807          $ 51,102
                                                --------          --------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Additions to oil and gas properties         ($ 51,898)         $      -
                                                --------          --------
   Net cash used by investing
      activities                               ($ 51,898)         $      -
                                                --------          --------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Cash distributions                          ($138,875)        ($166,650)
                                                --------          --------
   Net cash used by financing
      activities                               ($138,875)        ($166,650)
                                                --------          --------

NET DECREASE IN CASH AND CASH
   EQUIVALENTS                                 ($118,966)        ($115,548)

CASH AND CASH EQUIVALENTS AT
   BEGINNING OF PERIOD                           132,902           129,747
                                                --------          --------
CASH AND CASH EQUIVALENTS AT
   END OF PERIOD                                $ 13,936          $ 14,199
                                                ========          ========


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


                                      -4-
<PAGE>




             DYCO OIL AND GAS PROGRAM 1984-1 LIMITED PARTNERSHIP
                   CONDENSED NOTES TO FINANCIAL STATEMENTS
                                 MARCH 31, 2000
                                   (Unaudited)


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

      The balance sheet as of March 31, 2000,  statements of operations  for the
      three months ended March 31, 2000 and 1999,  and  statements of cash flows
      for the three months  ended March 31, 2000 and 1999 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 March 31, 2000,  results of operations for the three months ended March
      31, 2000 and 1999,  and changes in cash flows for the three  months  ended
      March 31, 2000 and 1999 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, 1999. The results of operations for the period
      ended March 31, 2000 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  first  quarter  of  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 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 properties are accounted for as adjustments



                                      -5-
<PAGE>





      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 March 31, 2000 and 1999 the
      Program incurred such expenses totaling $20,590 and $24,617, respectively,
      of which $12,006 and $15,654, respectively,  were 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.

      The  payable to General  Partner at March 31, 2000  represents  audit fees
      paid by the  General  Partner on behalf of the  Program.  This  amount was
      reimbursed to the General Partner in April 2000.




                                      -6-
<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.




                                      -7-
<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 first
      quarter of 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  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.  Recent gas prices have been higher than the  Program's
      historical  average.  This is  attributable to the higher prices for crude
      oil, a substitute fuel in some markets,  and reduced production due to low
      prices in 1998.




                                      -8-
<PAGE>



      THREE MONTHS ENDED MARCH 31, 2000 COMPARED TO THE THREE MONTHS ENDED MARCH
      31, 1999.

                                                Three Months Ended March 31,
                                                ----------------------------
                                                     2000           1999
                                                   --------        -------
      Oil and gas sales                            $115,731        $86,426
      Oil and gas production expenses              $ 27,218        $24,086
      Barrels produced                                  210            290
      Mcf produced                                   44,447         50,055
      Average price/Bbl                            $  26.90        $ 11.26
      Average price/Mcf                            $   2.48        $  1.66

      As shown in the table  above,  total oil and gas sales  increased  $29,305
      (33.9%) for the three months ended March 31, 2000 as compared to the three
      months ended March 31, 1999. Of this  increase,  approximately  $3,000 and
      $36,000, respectively,  were related to increases in the average prices of
      oil and gas sold.  These increases were partially  offset by a decrease of
      approximately $9,000 related to a decrease in volumes of gas sold. Volumes
      of oil and gas sold decreased 80 barrels and 5,608 Mcf, respectively,  for
      the three  months  ended March 31,  2000 as  compared to the three  months
      ended March 31, 1999.  The  decrease in volumes of gas sold was  primarily
      due to (i) normal  declines in production  and (ii) negative  prior period
      volume  adjustments  made by the  purchasers on two wells during the three
      months  ended  March 31,  2000.  Average oil and gas prices  increased  to
      $26.90 per barrel and $2.48 per Mcf,  respectively,  for the three  months
      ended   March  31,  2000  from  $11.26  per  barrel  and  $1.66  per  Mcf,
      respectively, for the three months ended March 31, 1999.

      Oil and gas production  expenses  (including lease operating  expenses and
      production  taxes)  increased  $3,132  (13.0%) for the three  months ended
      March 31, 2000 as compared to the three months ended March 31, 1999.  This
      increase was primarily due to (i) workover  expenses  incurred on one well
      during the three  months  ended  March 31,  2000 in order to  improve  the
      recovery of reserves, (ii) an increase in production taxes associated with
      the increase in oil and gas sales, and (iii) a positive prior period lease
      operating  expense  adjustment made by the operator on one well during the
      three months ended March 31, 2000.  These increases were partially  offset
      by a production  tax refund  received  during the three months ended March
      31, 2000. As a percentage of oil and gas sales,  these expenses  decreased
      to 23.5% for the three  months  ended  March 31,  2000 from  27.9% for the
      three months ended March 31, 1999. This percentage  decrease was primarily
      due to the increases in the average prices of oil and gas sold.



                                      -9-
<PAGE>



      Depreciation,  depletion,  and  amortization  of oil  and  gas  properties
      decreased  $5,900  (33.3%)  for the three  months  ended March 31, 2000 as
      compared to the three  months  ended March 31,  1999.  This  decrease  was
      primarily  due to (i) upward  revisions in the  estimates of remaining oil
      and gas reserves at December 31, 1999 and (ii) the decreases in volumes of
      oil and gas sold.  As a  percentage  of oil and gas  sales,  this  expense
      decreased  to 10.2% for the three  months  ended March 31, 2000 from 20.5%
      for the three months ended March 31, 1999.  This  percentage  decrease was
      primarily due to the  increases in the average  prices of oil and gas sold
      and the dollar decrease in depreciation, depletion, and amortization.

      General and administrative expenses decreased $4,027 (16.4%) for the three
      months  ended March 31, 2000 as compared to the three  months  ended March
      31,  1999.  This  decrease  was  primarily  due to a decrease  in indirect
      general and administrative  expenses reimbursed to the General Partner. As
      a percentage of oil and gas sales,  these expenses  decreased to 17.8% for
      the three  months  ended  March 31,  2000 from 28.5% for the three  months
      ended March 31, 1999.  This  percentage  decrease was primarily due to the
      increase  in oil and gas sales and the  dollar  decrease  in  general  and
      administrative expenses.


YEAR 2000 COMPUTER ISSUES
-------------------------

      The year  2000  issue  refers  to the  inability  of  computer  and  other
      information   technology   systems  to  properly  process  date  and  time
      information,  stemming from the earlier programming  practice of using two
      digits  rather than four to represent the year in a date. To the knowledge
      of the  General  Partner,  the Program has not  experienced  any  material
      effects from the year 2000 issue.  Costs  incurred by the Program in order
      to ensure year 2000 compatibility were not material to the Program.




                                      -10-
<PAGE>



ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
            RISK.

            The Program does not hold any market risk sensitive instruments.




                                      -11-
<PAGE>



                          PART II. OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)   Exhibits

27.1                    Financial  Data Schedule  containing  summary  financial
                        information  extracted from the Dyco Oil and Gas Program
                        1984-1 Limited Partnership's  financial statements as of
                        March 31, 2000 and for the three  months ended March 31,
                        2000, filed herewith.

                        All other exhibits are omitted as inapplicable.

(b)   Reports on Form 8-K.

            None.





                                      -12-
<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:  May 4, 2000                  By:         /s/Dennis R. Neill
                                       -------------------------------
                                              (Signature)
                                              Dennis R. Neill
                                              President


Date:  May 4, 2000                  By:         /s/Patrick M. Hall
                                       -------------------------------
                                              (Signature)
                                              Patrick M. Hall
                                              Chief Financial Officer



                                      -13-
<PAGE>



                                INDEX TO EXHIBITS


NUMBER      DESCRIPTION
------      -----------

27.1        Financial Data Schedule  containing  summary  financial  information
            extracted   from  the  Dyco  Oil  and  Gas  Program  1984-1  Limited
            Partnership's  financial statements as of March 31, 2000 and for the
            three months ended March 31, 2000, filed herewith.

            All other exhibits are omitted as inapplicable.