<PAGE>

                  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, 1997                  2-92702    (1985-1)
                                        2-92702-01 (1985-2)


                    DYCO 1985 OIL AND GAS PROGRAMS
                      (TWO LIMITED PARTNERSHIPS)
         (Exact Name of Registrant as specified in its charter)


                                         41-1498087 (1985-1) 
           Minnesota                     41-1498086 (1985-2) 
   (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      
                          ----          -----
<PAGE>
<PAGE>
                    PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

          DYCO OIL AND GAS PROGRAM 1985-1 LIMITED PARTNERSHIP
                            BALANCE SHEETS
                              (Unaudited)

                                ASSETS
                                        March 31,   December 31,
                                          1997          1996
                                       ----------   ------------

CURRENT ASSETS:
  Cash and cash equivalents             $ 66,225        $ 86,724
  Accrued oil and gas sales               85,241          95,458 
                                        --------        --------
     Total current assets               $151,466        $182,182

NET OIL AND GAS PROPERTIES, utilizing
  the full cost method                   156,112         177,707

DEFERRED CHARGE                           15,519          15,519
                                        --------        --------
                                        $323,097        $375,408
                                        ========        ========

                   LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
  Accounts payable                      $  5,987        $  5,916
                                        --------        --------
     Total current liabilities          $  5,987        $  5,916

ACCRUED LIABILITY                         29,702          29,702
 
PARTNERS' CAPITAL:
  General Partner, issued and
   outstanding, 41 units                   2,875           3,398
  Limited Partners, issued and
   outstanding, 4,100 units              284,533         336,392
                                        --------        --------
     Total Partners' capital            $287,408        $339,790
                                        --------        --------
                                        $323,097        $375,408
                                        ========        ========

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

                                  -2-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-1 LIMITED PARTNERSHIP
                       STATEMENTS OF OPERATIONS
          FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996
                              (Unaudited)


                                          1997          1996
                                        --------       ------- 

REVENUES:
  Oil and gas sales                     $149,957       $85,811
  Interest                                 1,033           634
                                        --------       -------
                                        $150,990       $86,445

COST AND EXPENSES:
  Oil and gas production                $ 17,072       $26,757
  Depreciation, depletion, and
   amortization of oil and gas
   properties                             21,595        13,064
  General and administrative (Note 2)     19,770        16,769
                                        --------       -------
                                        $ 58,437       $56,590
                                        --------       -------

NET INCOME                              $ 92,553       $29,855 
                                        ========       =======
GENERAL PARTNER (1%) - net        
  income                                $    926       $   299 
                                        ========       =======
LIMITED PARTNERS (99%) - net
  income                                $ 91,627       $29,556 
                                        ========       =======
NET INCOME PER UNIT                     $  22.35       $  7.21 
                                        ========       =======
UNITS OUTSTANDING                          4,141         4,141
                                        ========       =======

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

                                  -3-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-1 LIMITED PARTNERSHIP
                       STATEMENTS OF CASH FLOWS
          FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996
                              (Unaudited)

                                          1997          1996
                                        ---------     ---------

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                            $ 92,553       $29,855 
  Adjustments to reconcile net income
   to net cash provided by operating
   activities:
   Depreciation, depletion, and 
     amortization of oil and gas
     properties                           21,595        13,064
   Decrease in accrued oil and gas
     sales                                10,217         7,905 
   Increase (decrease) in accounts 
     payable                                  71      (  3,920)
                                        --------       ------- 
   Net cash provided by operating
     activities                         $124,436       $46,904
                                        --------       -------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Proceeds from the sale of oil and 
   gas properties                       $    -         $   907
  Additions to oil and gas properties        -        (  1,586)
                                        --------       -------
   Net cash used by investing 
     activities                         $    -        ($   679)
                                        --------       -------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Cash distributions                   ($144,935)     ($82,820)
                                        --------       -------
   Net cash used by financing
     activities                        ($144,935)     ($82,820)
                                        --------       -------

NET DECREASE IN CASH AND CASH
  EQUIVALENTS                          ($ 20,499)     ($36,595) 

CASH AND CASH EQUIVALENTS AT 
  BEGINNING OF PERIOD                     86,724        58,496 
                                        --------       -------
CASH AND CASH EQUIVALENTS AT
  END OF PERIOD                         $ 66,225       $21,901
                                        ========       =======

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

                                  -4-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-2 LIMITED PARTNERSHIP
                            BALANCE SHEETS
                              (Unaudited)

                                ASSETS
                                         March 31,   December 31,
                                           1997         1996
                                        -----------  ------------

CURRENT ASSETS:
  Cash and cash equivalents               $ 11,977      $ 86,273
  Accrued oil and gas sales                 28,222        46,545
                                          --------      --------
     Total current assets                 $ 40,199      $132,818

NET OIL AND GAS PROPERTIES, utilizing
  the full cost method                      68,034        72,216

DEFERRED CHARGE                             39,527        39,527
                                          --------      --------
                                          $147,760      $244,561
                                          ========      ========

                   LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
  Accounts payable                        $  4,437      $  6,198
                                          --------      --------
     Total current liabilities            $  4,437      $  6,198

ACCRUED LIABILITY                           12,899        12,899

PARTNERS' CAPITAL:
  General Partner, issued and
   outstanding, 44 units                     1,304         2,254 
  Limited Partners, issued and
   outstanding, 4,330 units                129,120       223,210
                                          --------      --------
     Total Partners' capital              $130,424      $225,464
                                          --------      --------
                                          $147,760      $244,561
                                          ========      ========

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

                                  -5-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-2 LIMITED PARTNERSHIP
                       STATEMENTS OF OPERATIONS
          FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996
                              (Unaudited)


                                          1997          1996
                                         -------       -------

REVENUES:
  Oil and gas sales                      $39,596       $45,624
  Interest                                   851         1,125
                                         -------       -------
                                         $40,447       $46,749

COST AND EXPENSES:
  Oil and gas production                 $ 3,428       $21,585
  Depreciation, depletion, and
   amortization of oil and gas
   properties                              3,071         5,526
  General and administrative (Note 2)     19,638        16,404
                                         -------       -------
                                         $26,137       $43,515
                                         -------       -------

NET INCOME                               $14,310       $ 3,234 
                                         =======       =======
GENERAL PARTNER (1%) - net        
  income                                 $   143       $    32 
                                         =======       =======
LIMITED PARTNERS (99%) - net
  income                                 $14,167       $ 3,202 
                                         =======       =======
NET INCOME PER UNIT                      $  3.27       $   .74 
                                         =======       =======
UNITS OUTSTANDING                          4,374         4,374
                                         =======       =======

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

                                  -6-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-2 LIMITED PARTNERSHIP
                       STATEMENTS OF CASH FLOWS
          FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996
                              (Unaudited)

                                           1997         1996
                                         ---------    ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                             $ 14,310     $  3,234 
  Adjustments to reconcile net income
   to net cash provided by operating
   activities:
   Depreciation, depletion, and 
     amortization of oil and gas
     properties                             3,071        5,526
   Decrease in accrued oil and gas
     sales                                 18,323       10,374 
   Decrease in accounts payable         (   1,761)   (   3,284) 
                                         --------     -------- 
   Net cash provided by operating
     activities                          $ 33,943     $ 15,850 
                                         --------     --------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Proceeds from the sale of oil and
    gas properties                       $  1,111     $     12
  Additions to oil and gas properties         -      (   6,350)
                                         --------     --------
   Net cash provided (used) by  
     investing activities                $  1,111    ($  6,338)
                                         --------     --------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Cash distributions                    ($109,350)   ($153,090)
                                         --------     --------
   Net cash used by financing
     activities                         ($109,350)   ($153,090)
                                         --------     --------

NET DECREASE IN CASH AND CASH
  EQUIVALENTS                           ($ 74,296)   ($143,578)

CASH AND CASH EQUIVALENTS AT 
  BEGINNING OF PERIOD                      86,273      154,512
                                         --------     --------
CASH AND CASH EQUIVALENTS AT
  END OF PERIOD                          $ 11,977     $ 10,934
                                         ========     ========

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

                                  -7-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1985-1 LIMITED PARTNERSHIP
          DYCO OIL AND GAS PROGRAM 1985-2 LIMITED PARTNERSHIP
               CONDENSED NOTES TO FINANCIAL STATEMENTS 
                            MARCH 31, 1997
                              (Unaudited)

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

     The balance sheets as of March 31, 1997, statements of operations
     for  the  three  months  ended  March  31,  1997  and  1996,  and
     statements of cash  flows for  the three months  ended March  31,
     1997 and 1996  have been prepared  by Dyco Petroleum  Corporation
     ("Dyco"), the General  Partner of  the Dyco Oil  and Gas  Program
     1985-1 and 1985-2 Limited Partnerships (individually, the "1985-1
     Program"  or  the  "1985-2 Program",  as  the  case  may be,  or,
     collectively, the  "Programs"), 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,  1997, results  of operations for  the three  months
     ended March 31, 1997 and  1996 and changes in cash flows  for the
     three months ended March 31, 1997 and 1996 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   Programs' Annual Report  on Form 10-K  for the
     year ended  December 31, 1996.  The results of operations for the
     period ended March 31, 1997 are not necessarily indicative of the
     results to be expected for the full year.  

     The limited  partners' net income or loss  per unit is based upon
     each $5,000 initial capital contribution.

     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.  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 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

                                  -8-
<PAGE>
<PAGE>
     have been capitalized, plus estimated future development costs.


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

     Under the  terms of each 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, 1997 and 1996 the 1985-1 Program
     incurred   such   expenses   totaling   $19,770    and   $16,769,
     respectively,  of which $10,710 was paid each quarter to Dyco and
     its affiliates.  During the three months ended March 31, 1997 and
     1996 the  1985-2 Program incurred such  expenses totaling $19,638
     and $16,404, respectively, of which $10,068 was paid each quarter
     to Dyco and its affiliates.

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

                                  -9-
<PAGE>
<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 Programs.

     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, or otherwise indicated.


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

     Net  proceeds   from  the  Programs'  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 Programs'  reserves  which  would result  in  a
     positive economic impact.

     The Programs' 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.  The
     Programs have no  bank debt  commitments.   Cash for  operational
     purposes will be provided by current oil and gas production.


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

                                 -10-
<PAGE>
<PAGE>
     GENERAL DISCUSSION

     The following  general discussion  should be read  in conjunction
     with the analysis of  results of operations provided below.   The
     most important  variable affecting the Programs'  revenues is the
     prices  received for the sale of  oil and gas.  Predicting future
     prices is very difficult.  Substantially all of the Programs' gas
     reserves are being sold in 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.  In addition, such spot market sales are generally short-
     term  in  nature   and  are  dependent  upon  the   obtaining  of
     transportation services  provided  by pipelines.   Management  is
     unable  to predict  whether future  oil and  gas prices  will (i)
     stabilize, (ii) increase, or (iii) decrease.

     1985-1 PROGRAM 

     THREE MONTHS ENDED MARCH 31, 1997 AS COMPARED TO THE THREE MONTHS
     ENDED MARCH 31, 1996.

                                      Three months ended March 31,
                                      -----------------------------
                                           1997           1996
                                         --------        -------
      Oil and gas sales                  $149,957        $85,811
      Oil and gas production expenses    $ 17,072        $26,757
      Barrels produced                        -               52
      Mcf produced                         70,625         51,087
      Average price/Bbl                  $    -          $ 18.63
      Average price/Mcf                  $   2.12        $  1.66

     As shown in the table above, oil and  gas sales increased $64,146
     (74.8%) for the three months ended March 31, 1997 as  compared to
     the  three  months  ended March  31,  1996.    Of this  increase,
     approximately $32,000 was  related to an increase  in the average
     price  of gas  sold and  $32,000 was  related to  an increase  in
     volumes of gas sold.   Volumes of oil sold decreased  52 barrels,
     while  volumes of  gas sold  increased 19,538  Mcf for  the three
     months ended March 31, 1997 as compared to the three months ended
     March  31, 1996.   The increase  in volumes of  gas sold resulted
     primarily  from positive  prior  period adjustments  made by  the
     purchaser on several  wells during the  three months ended  March
     31, 1997.  Average gas prices  increased to $2.12 per Mcf for the
     three  months ended  March 31, 1997  from $1.66  per Mcf  for the
     three months ended March 31, 1996.

     Oil  and  gas  production  expenses  (including  lease  operating
     expenses and  production taxes) decreased $9,685  (36.2%) for the
     three months ended March 31, 1997 as compared to the three months
     ended March  31,  1996.   This decrease  resulted primarily  from
     credits received from the operators on two wells during the three
     months ended  March 31,  1997 for  prior  period lease  operating
     expenses,  partially offset  by an  increase in  production taxes
     associated with the increase in gas sales discussed  above.  As a
     percentage  of oil  and  gas sales,  these expenses  decreased to
     11.4%  for the three months  ended March 31,  1997 from 31.2% for
     the  three months ended March 31, 1996.  This percentage decrease
     was primarily due  to the dollar decrease  in production expenses
     discussed above and  increase in  the average price  of gas  sold
     during  the three months ended March  31, 1997 as compared to the

                                 -11-
<PAGE>
<PAGE>
     three months ended March 31, 1996.

     Depreciation,  depletion,  and   amortization  of  oil   and  gas
     properties increased  $8,531 (65.3%)  for the three  months ended
     March 31, 1997  as compared to the  three months ended March  31,
     1996.   This increase resulted primarily from (i) the increase in
     volumes of gas sold during the three months ended March 31,  1997
     as compared to  the three months ended March 31,  1996 and (ii) a
     decrease in the gas  price used in the  valuation of reserves  at
     March  31, 1997.   As  a percentage  of oil  and gas  sales, this
     expense decreased to 14.4%  for the three months ended  March 31,
     1997 from  15.2% for the three months ended March 31, 1996.  This
     percentage  decrease was  primarily due  to the  increase  in the
     average price of gas sold during the three months ended March 31,
     1997 as compared to the three months ended March 31, 1996.

     General and administrative expenses increased $3,001 (17.9%)  for
     the three  months ended March 31,  1997 as compared  to the three
     months ended March  31, 1996.   This increase resulted  primarily
     from an  increase in  professional fees  during the  three months
     ended March 31, 1997 as compared to the  three months ended March
     31,  1996.  As a percentage of  oil and gas sales, these expenses
     decreased to 13.5% for the three months ended March 31, 1997 from
     19.5% for the three months ended March 31, 1996.  This percentage
     decrease was primarily due to the increase in gas sales discussed
     above.

     1985-2 PROGRAM  

     THREE MONTHS ENDED MARCH 31, 1997 AS COMPARED TO THE THREE MONTHS
     ENDED MARCH 31, 1996.

                                       Three months ended March 31,
                                       ----------------------------
                                          1997            1996
                                         -------         -------
      Oil and gas sales                  $39,596         $45,624
      Oil and gas production expenses    $ 3,428         $21,585
      Barrels produced                       141           1,088
      Mcf produced                        17,200          17,237
      Average price/Bbl                  $ 19.57         $ 17.75
      Average price/Mcf                  $  2.14         $  1.53
 
     As shown  in the table above, oil  and gas sales decreased $6,028
     (13.2%)  for the three months ended March 31, 1997 as compared to
     the  three  months  ended March  31,  1996.    Of this  decrease,
     approximately $17,000 was  related to the decrease  in volumes of
     oil  sold,  partially  offset  by an  increase  of  approximately
     $10,000 related to the increase in the average price of gas sold.

                                 -12-
<PAGE>
<PAGE>
     Volumes of oil  and gas sold  decreased 947 barrels  and 37  Mcf,
     respectively, for  the  three  months  ended March  31,  1997  as
     compared to the  three months ended March 31, 1996.  The decrease
     in volumes of  oil sold  resulted primarily from  (i) a  negative
     prior  period adjustment made by the purchaser on one well during
     the three months ended March 31, 1997 and (ii) normal declines in
     production from diminished  oil reserves on  two wells.   Average
     oil and gas prices increased  to $19.57 per barrel and  $2.14 per
     Mcf, respectively, for the three months ended March 31, 1997 from
     $17.75  per barrel and $1.53 per Mcf, respectively, for the three
     months ended March 31, 1996.

     Oil  and  gas  production  expenses  (including  lease  operating
     expenses and production taxes)  decreased $18,157 (84.1%) for the
     three months ended March 31, 1997 as compared to the three months
     ended  March 31, 1996.  This decrease resulted primarily from (i)
     credits received from the  operator on one well during  the three
     months ended  March  31, 1997  for prior  period lease  operating
     expenses, (ii) a decrease in production taxes associated with the
     decrease  in oil  and  gas sales  discussed  above, and  (iii)  a
     decrease in the general  repair and maintenance expenses incurred
     on  one well  during  the three  months ended  March 31,  1997 as
     compared  to  the three  months  ended  March  31, 1996.    As  a
     percentage of oil and gas sales, these expenses decreased to 8.7%
     for the  three months  ended March  31, 1997  from 47.3% for  the
     three  months ended March 31, 1996.  This percentage decrease was
     primarily  due  to the  dollar  decrease  in production  expenses
     discussed  above and increases in  the average prices  of oil and
     gas sold during the three months ended March 31, 1997 as compared
     to the three months ended March 31, 1996.

     Depreciation,  depletion,  and   amortization  of  oil   and  gas
     properties decreased  $2,455 (44.4%)  for the three  months ended
     March 31, 1997 as  compared to the  three months ended March  31,
     1996.   This decrease resulted  primarily from (i)  a decrease in
     volumes of oil sold and (ii) upward revisions of previous oil and
     gas reserve estimates  at December 31, 1996.  As  a percentage of
     oil and gas sales, this  expense decreased to 7.8% for the  three
     months ended March 31, 1997 from 12.1% for the three months ended
     March  31, 1996.  This  percentage decrease was  primarily due to
     the increases in  the average prices of  oil and gas  sold during
     the three  months ended March 31,  1997 as compared to  the three
     months ended March 31, 1996.

     General and administrative expenses  increased $3,234 (19.7%) for
     the three  months ended March 31,  1997 as compared  to the three
     months ended  March 31, 1996.   This increase  resulted primarily
     from the  increase in professional  fees during the  three months
     ended March 31, 1997 as compared to the  three months ended March
     31, 1996.   As a percentage of oil and  gas sales, these expenses
     increased to 49.6% for the three months ended March 31, 1997 from
     36.0% for the three months ended March 31, 1996.  This percentage
     increase was primarily  due to the decrease in oil  and gas sales
     discussed above.

                                 -13-
<PAGE>
<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 1985-1
                    Program's  financial  statements as  of  March 31,
                    1997  and for  the  three months  ended March  31,
                    1997, filed herewith.

          27.2      Financial   Data   Schedule   containing   summary
                    financial  information  extracted from  the 1985-2
                    Program's  financial  statements as  of  March 31,
                    1997  and for  the  three months  ended March  31,
                    1997, filed herewith.

                    All other exhibits are omitted as inapplicable.

     (b)  Reports on Form 8-K for the first quarter of 1997.

          Date of Event:           January 24, 1997
          Date filed with SEC:     January 24, 1997
          Item Included:
               Item 5 - Other Events

                                 -14-
<PAGE>
<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 1985-1 LIMITED
                         PARTNERSHIP
                         DYCO OIL AND GAS PROGRAM 1985-2 LIMITED
                         PARTNERSHIP

                              (Registrant)


                              By:  DYCO PETROLEUM CORPORATION

                                   General Partner




Date:  May 6, 1997           By:        /s/Dennis R. Neill
                                 -------------------------------
                                        (Signature)
                                        Dennis R. Neill
                                        President



Date:  May 6, 1997           By:        /s/Patrick M. Hall
                                 -------------------------------
                                        (Signature)
                                        Patrick M. Hall
                                        Chief Financial Officer

                                 -15-
<PAGE>
<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 1985-1 LIMITED
                         PARTNERSHIP
                         DYCO OIL AND GAS PROGRAM 1985-2 LIMITED
                         PARTNERSHIP

                              (Registrant)


                              By:  DYCO PETROLEUM CORPORATION

                                   General Partner




Date:  May 6, 1997           By:                                    
                                 -------------------------------
                                        (Signature)
                                        Dennis R. Neill
                                        President



Date:  May 6, 1997           By:                                    
                                 -------------------------------
                                        (Signature)
                                        Patrick M. Hall
                                        Chief Financial Officer

                                 -15-
<PAGE>
<PAGE>
                           INDEX TO EXHIBITS
                           -----------------


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

27.1      Financial   Data   Schedule  containing   summary  financial
          information  extracted from  the  Dyco Oil  and Gas  Program
          1985-1  Limited Partnership's  financial  statements  as  of
          March  31, 1997  and for  the three  months ended  March 31,
          1997, filed herewith.

27.2      Financial   Data   Schedule  containing   summary  financial
          information  extracted from  the  Dyco Oil  and Gas  Program
          1985-2  Limited Partnership's  financial  statements  as  of
          March  31, 1997  and for  the three  months ended  March 31,
          1997, filed herewith.

          All other exhibits are omitted as inapplicable.
<PAGE>