SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                            FORM 10-Q


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

For the Quarterly Period Ended September 30, 1999

                               or

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

For the Transition Period Ended ______________________

                    Commission File Number 0-13457


                  Sterling Drilling Fund 1984-1
       (Exact name of registrant as specified in charter)

                            New York
 (State or other jurisdiction of incorporation or organization)

                           13-3234373
              (IRS employer identification number)

        One Landmark Square, Stamford, Connecticut  06901
      (Address and Zip Code of principal executive offices)

                         (203) 358-5700

      (Registrant's telephone number, including area code)

                         Not Applicable
 (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   / /


<PAGE> 1

Part I

Item 1.   Financial Statements
The following Financial Statements are filed herewith:

Balance Sheets - September 30, 1999 and December 31, 1998.

Statements of Operations for the Nine and Three Months Ended September 30, 1999
and 1998.

Statements of Changes in Partners' Equity for the Nine and Three Months Ended
September 30, 1999 and 1998.

Statements of Cash Flows for the Nine Months Ended September 30, 1999 and 1998.

Note to Financial Statements

Item 2.   Management's Discussion and Analysis of Financial Condition and
Results of Operations

1.   Liquidity -

The oil and gas industry is intensely competitive in all its phases.  There
is also competition between this industry and other industries in supplying
energy  and fuel requirements of industrial and residential consumers.   It
is  not  possible  for  the Registrant to calculate  its  position  in  the
industry,   as  Registrant  competes  with  many  other  companies   having
substantially  greater financial and other resources.  In  accordance  with
the  terms  of  the  Prospectus  as filed by the  Registrant,  the  General
Partners of the Registrant will make cash distributions of as much  of  the
Partnership  cash credited to the capital accounts of the Partners  as  the
General  Partners  have determined is not necessary or  desirable  for  the
payment of contingent debts, liabilities or expenses for the conduct of the
Partnership's  business.  As of September 30, 1999,  the  General  Partners
have  distributed  $1,731,750.00  or 18.75%  of  original  Limited  Partner
capital contributions to the Limited Partners.

The  Year  2000 (Y2K) issue is the definition and resolution  of  potential
problems  resulting  from computer application programs  or  imbedded  chip
instruction sets utilizing two-digits, as opposed to four digits, to define
a  specific  year.  Such date sensitive systems may be unable  to  properly
interpret  dates,  which  could cause a system failure  or  other  computer
errors, leading to disruptions in operations. The Partnership relies on the
Managing  General Partner for all management and administrative  functions.
Consequently, the Partnership's exposure to the Y2K problems is  determined
by  what  Year  2000 efforts have been undertaken by the  Managing  General
Partner.

In  1997, the Managing General Partner developed a three-phase program  for
the  Y2K  information  systems compliance. Phase I  is  to  identify  those
systems with which the Partnership has exposure to Y2K issues.

<PAGE> 2

Phase  II  is  to  remediate systems and replace equipment where  required.
Phase  III  is the final testing of each major area of exposure  to  ensure
compliance.  The Managing General Partner has identified four  major  areas
determined to be critical for successful Y2K compliance: (1) financial  and
informational system applications, (2) communications applications, (3) oil
and gas producing operations, and (4) third-party relationships.

The  Managing  General Partner, in accordance with Phase I of the  program,
conducted  an  internal  review of all systems and contacted  all  software
suppliers to determine major areas of exposure to Y2K issues. The  Managing
General  Partner has completed the modifications to its core financial  and
reporting systems and is continuing to test compliance in this area.  These
modifications  were made in conjunction with an upgrade  of  the  financial
reporting applications provided by the Managing General Partner's  software
vendor. Conversion to the new system was completed during 1998. Due to  the
technology advances in the communications area the Managing General Partner
has  upgraded  such  equipment regularly over the  past  three  years.  Y2K
compliance   was   a   specification  requirement  of  each   installation.
Consequently, the Managing General Partner expects exposure in this area to
be limited to third party readiness. The Managing General Partner is in the
process  of identifying areas of exposure resulting from equipment used  in
its  oil and gas producing operations. The Managing General Partner intends
to continue identification, remediation and testing throughout 1999. In the
third-party area, the Managing General Partner has received assurance  from
its  significant service suppliers that they intend to be Y2K compliant  by
2000.  The  Managing General Partner has implemented a program  to  request
Year  2000 certification or other assurance from other third parties during
1999.

The  Partnership  recognizes that, notwithstanding  the  efforts  described
above,  the  Partnership could experience disruptions to its operations  or
administrative  functions,  including those  resulting  from  non-compliant
systems  utilized  by  unrelated  third  party  governmental  and  business
entities.  The Managing General Partner is in the process of  developing  a
contingency  plan  in  order to mitigate potential disruption  to  business
operations.  The  Managing General Partner expects  to  complete   and   to
refine this plan throughout 1999.

The  Managing  General  Partner  has handled identifying,  remediating  and
testing  systems  for  Year 2000 compliance within  the  scope  of  routine
upgrades  and systems evaluations. The Managing General Partner expects  to
complete the review of oil and gas operations exposure in the same  manner,
without   incurring  substantial  additional  costs.  However,  information
resulting  from  the  oil and gas operations review may  indicate  required
expenditures not currently contemplated by the Partnership.



<PAGE> 3

The net proved oil and gas reserves of the Partnership are considered to be
a primary indicator of financial strength and future liquidity. The present
value of unescalated future net revenues (S.E.C. case) associated with such
reserves,  discounted  at  10% as of December 31, 1998,  was  approximately
$649,800,  as  compared  to  $974,200 as  of  December  31,  1997.  Overall
reservoir  engineering  is a subjective process of  estimating  underground
accumulations  of gas and oil that can not be measured in an exact  manner.
The  accuracy  of  any reserve estimate is a function  of  the  quality  of
available  data  and  of the engineering and geological interpretation  and
judgment. Accordingly, reserve estimates are generally different  from  the
quantities  of  gas  and  oil  that  are  ultimately  recovered  and   such
differences  may  have  a  material impact on the  Partnership's  financial
results and future liquidity.


2. Capital Resources -

The  Registrant was formed for the sole intention of drilling oil  and  gas
wells.  The Registrant entered into a drilling contract with an independent
contractor in October 1984 for $7,750,000.  Pursuant to the terms  of  this
contract  thirty-two  wells  have  been drilled,  resulting  in  thirty-two
producing wells.

3.   Results of Operations -

The  Partnership's gas and oil production decreased, from  59,376  MCF  and
1,552  BBLS in 1998 to 52,194 MCF and 1,635 BBLS in 1999. The Partnership's
average  price per MCF and per barrel declined to $2.31 per MCF and  $14.30
per barrel in 1999.   The combination of both price and production declines
resulted in an overall operating revenue decrease from $215,630 in 1998  to
$144,125 in 1999.  Production declines could be directly attributed to shut-
in's  of  purchaser's transport lines or compressor down times to  complete
needed  annual repairs. These situations directly impact volumes  therefore
lowering  revenue but  generally do not increase costs  unless  significant
repairs are needed  to specific wells or Partnership owned transport lines.
Production expenses declined from $102,950 in 1998 to $85,591 in 1999.  The
production  expenses  were lower as a result of  a  combination  of  items,
including variable costs associated with volume changes, repairs and  labor
costs  associated  with  the  wells  and  well  sites.  Current  production
expenses,  during  both years, has been limited to normal  maintenance  and
upkeep of the wells and well sites.

General  and administrative expenses have been segregated on the  financial
statements   to   reflect   expenses   paid   to   PrimeEnergy   Management
Corporation(PEMC), a General Partner.  These expenses are

<PAGE> 4

charged  in  accordance  with  guidelines set  forth  in  the  Registrant's
Management Agreement and are attributable to the affairs and operations  of
the  Partnership and shall not exceed an annual amount equal to 5%  of  the
limited  partners capital contributions.  Amounts related to both 1999  and
1998  are  substantially less than the amounts allocable to the  Registrant
under  the  Partnership Agreement.  The lower amounts allocated  and  spent
reflect management's effort to limit costs, both incurred and allocated  to
the Registrant.


The Partnership records additional depreciation, depletion and amortization
to the extent that net capitalized costs exceed the undiscounted future net
cash  flows  attributable  to  the Partnership  properties.  No  additional
depreciation, depletion or amortization was needed in  1998 or in the three-
quarters  of 1999. The expense recorded, in both years, is consistent  with
the current basis of the Partnership's properties.



PART II
Items 1 through 5 have been omitted in that each item is either
inapplicable or the answer is negative.

Item .  Exhibits and Reports on Form  8-K
The Partnership was not required to file any reports on Form 8-K and no
such form was filed during the period covered by this report.

Exhibit  27 - Financial Data Schedule is attached to the electronic  filing
of this report.


<PAGE> 5
                            S I G N A T U R E S
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.



                                    Sterling Drilling Fund 1984-1


                                    BY: /s/ Charles E. Drimal Jr
                                    ----------------------------
                                    Charles E. Drimal, Jr.
                                    General Partner

November 12, 1999
(Date)


<PAGE> 6
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                       Balance Sheets

                                      September 30,    December 31,
                                          1999             1998
                                       (unaudited)       (audited)
Assets
Current Assets:
  Cash and cash equivalents        $         36,259 $       43,948
  Due from other                              7,757         21,341
                                        -----------      ---------
      Total current assets                   44,016         65,289

Oil and Gas properties -
successful efforts method:
 Leasehold costs                            323,260        323,260
 Well and related facilities              7,658,884      7,658,884
  less accumulated depreciation,
depletion and amortization
                                         (7,050,232)    (7,011,961)
                                        -----------     -----------
                                            931,912        970,183
                                        -----------    ------------
       Total assets                $        975,928 $     1,035,472
                                         ==========      ===========

Liabilities & Partners' Equity
 Current Liabilities:
   Due to affliates                $          2,575 $             0
                                        -----------      ----------
   Total liabilities                          2,575               0
                                        -----------      ----------
 Partners' Equity
   Limited partners                         977,540       1,033,627
   General partners                          (4,187)          1,845
                                        -----------     -----------
         Total partners' equity    $        973,353 $     1,035,472
                                        -----------     -----------
         Total Liabilities &
          Partner's Equity         $        975,928 $     1,035,472
                                         ==========      ===========



See accompanying note to the financial statements


<PAGE> 7
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                   Statement of Operations
                         (unaudited)

                                   Nine Months Ended
                                   September 30, 1999

                               Limited     General
                               Partners    Partners     Total
Revenue:
Operating revenue           $    113,859      30,266 $    144,125
Other revenue                      2,300         611        2,911
Interest income                    1,046          67        1,113
                               ---------    --------     --------
  Total Revenue                  117,205      30,944      148,149
                                --------    --------     --------

Costs and Expenses:
Production expense                67,617      17,974       85,591
General and administrative
 to a related party               35,550       9,450       45,000
General and administrative        11,060       2,940       14,000
Depreciation, depletion
 and amortization                 35,975       2,296       38,271
                                --------    --------     --------
  Total Costs and Expenses       150,202      32,660      182,862
                                --------    --------     --------
  Net Income/(loss)         $   (32,997)     (1,716) $   (34,713)
                                ========    ========     ========
Net (Loss) per equity unit  $     (3.57)
                                  ======

See accompanying note to the financial statements

<PAGE> 8
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                   Statement of Operations
                         (unaudited)

                                   Nine Months Ended
                                   September 30, 1998

                               Limited     General
                               Partners    Partners     Total
Revenue:

Operating revenue           $    170,348      45,282 $    215,630
Interest income                      849          54          903
                                --------    --------      -------
  Total Revenue                  171,197      45,336      216,533
                                --------    --------      -------

Costs and Expenses:
Production expense                81,331      21,619      102,950
General and administrative
 to a related party               35,550       9,450       45,000
General and administrative        12,199       3,243       15,442
Depreciation, depletion
 and amortization                 35,449       2,263       37,712
                                --------    --------      -------
  Total Costs and Expenses       164,529      36,575      201,104
                                --------    --------      -------
  Net Income                $      6,668       8,761  $    15,429
                                ========    ========      =======
Net Income per equity unit  $        .72
                                  ======

See accompanying note to the financial statements


<PAGE> 9
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                   Statement of Operations
                         (unaudited)

                                   Three Months Ended
                                   September 30, 1999

                                 Limited      General
                                 Partners     Partners    Total
Revenue:
Operating revenue              $    55,634      14,788      70,422
Other revenue                            0           0           0
Interest income                        189          12         201
                                 ---------    --------    --------
  Total Revenue                     55,823      14,800      70,623
                                 ---------    --------    --------

Costs and Expenses:
Production expense                  25,591       6,802      32,393
General and administrative
 To a related party                 11,850       3,150      15,000
General and administrative           3,238         861       4,099
Depreciation, depletion
 And amortization                   11,992         765      12,757
                                 ---------    --------    --------
  Total Costs and Expenses          52,671      11,578      64,249
                                 ---------    --------    --------
  Net Income                   $     3,152       3,222       6,374
                                  ========    ========    ========
Net Income per equity unit     $      0.34
                                  ========


See accompanying note to the financial statements

<PAGE> 10
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                   Statement of Operations
                         (unaudited)

                                   Three Months Ended
                                   September 30, 1998

                                 Limited      General
                                 Partners     Partners    Total
Revenue:
Operating revenue              $    54,974      14,613 $    69,587
Interest income                        202          13         215
                                  --------    --------    --------
  Total Revenue                     55,176      14,626      69,802
                                  --------    --------    --------

Costs and Expenses:
Production expense                  25,234       6,707      31,941
General and administrative
 to a related party                 11,850       3,150      15,000
General and administrative           4,963       1,319       6,282
Depreciation, depletion
 and amortization                   11,816         754      12,570
                                  --------    --------    --------
  Total Costs and Expenses          53,863      11,930      65,793
                                  --------    --------    --------
  Net Income                   $     1,313       2,696 $     4,009
                                  ========    ========    ========
Net Income per equity unit     $       .14
                                  ========


See accompanying note to the financial statements


<PAGE> 11
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
          Statement of Changes in Partners' Equity
                         (unaudited)

                                   Nine Months Ended
                                   September 30, 1999


                               Limited     General
                               Partners    Partners       Total

Balance at beginning of                                $
period                      $  1,033,627        1,845       1,035,472
  Partners' Contribution               0        1,501           1,501
  Cash Distributions             (23,090)      (5,817)        (28,907)
  Net Income/(Loss)              (32,997)      (1,716)        (34,713)
                               ---------      --------     ----------
Balance at end of period    $    977,540       (4,187)  $     973,353
                               =========      ========     ==========


                                   Nine Months Ended
                                   September 30, 1998

                              Limited        General
                              Partners       Partners       Total

Balance at beginning of
period                      $  1,049,271        (6,871)  $    1,042,400
  Partners' Contribution               0         2,586            2,586
  Cash Distributions             (23,090)       (5,829)         (28,919)
  Net Income                       6,668         8,761           15,429
                               ---------      --------       ----------
Balance at end of period    $  1,032,849        (1,353)  $    1,031,496
                               =========      ========       ==========





See accompanying note to the financial statements


<PAGE> 12
                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
          Statement of Changes in Partners' Equity
                         (unaudited)

                                   Three Months Ended
                                   September 30, 1999


                               Limited        General
                               Partners       Partners      Total

Balance at beginning of
period                       $      974,388      (8,064) $    966,324
  Partners' Contribution                  0         655           655
  Cash Distributions                      0           0             0
  Net Income                          3,152       3,222         6,374
                                  ---------    --------     ---------
Balance at end of period     $      977,540      (4,187) $    973,353
                                  =========    ========     =========


                                   Three Months Ended
                                   September 30, 1998

                              Limited        General
                              Partners       Partners    Total

Balance at beginning of
period                      $   1,031,536     (5,093)  $  1,026,443
  Partners' Contribution                0       1,044         1,044
  Cash Distributions                    0           0             0
  Net Income(Loss)                  1,313       2,696         4,009
                                ---------    --------     ---------
Balance at end of period    $   1,032,849     (1,353)  $  1,031,496
                                =========    ========     =========




See accompanying note to the financial statements


<PAGE> 13

                STERLING DRILLING FUND 1984-1
              (a New York Limited Partnership)
                   Statement of Cash Flows
                         (unaudited)

                                         Nine months    Nine months
                                            Ended          ended
                                          September      September
                                           30, 1999       30, 1998

Net cash provided by operating
activities                             $       19,717  $      37,203
                                           ----------     ----------
Cash flows from financing activities:
  Partners' contributions                       1,501          2,586
  Distribution to partners                    (28,907)       (28,919)
                                          -----------    -----------
Net cash (used in)financing activities        (27,406)       (26,333)
                                          -----------    -----------
Cash flows from investing activities:
  Investment in wells and related
  facilities                                        0           (530)
                                           ----------     ----------
Net cash (used in)investing activities              0           (530)
                                          -----------    -----------

Net increase/(decrease) in cash and
  cash equivalents                             (7,689)        10,340
Cash and cash equivalents at
  beginning of period                          43,948         26,270
                                          -----------    -----------
Cash and cash equivalents at end of
period                                 $       36,259  $      36,610
                                          ===========    ===========


see accompanying note to the financial statements

<PAGE> 14
                STERLING DRILLING FUND 1984-1
              (a New York limited partnership)

                Note to Financial Statements

                     September 30, 1999



1.   The  accompanying  statements  for  the  period  ending
September   30,   1999,  are  unaudited  but   reflect   all
adjustments  necessary  to present  fairly  the  results  of
operations.