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
   June 30, 2001                                  0-12093



                       DYCO OIL AND GAS PROGRAM 1983-2
                           (A LIMITED PARTNERSHIP)
            (Exact Name of Registrant as specified in its charter)



         Minnesota                       41-1454574
(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 1983-2 LIMITED PARTNERSHIP
                                 BALANCE SHEETS
                                   (Unaudited)

                                     ASSETS

                                                 June 30,      December 31,
                                                   2001            2000
                                                ----------     ------------

CURRENT ASSETS:
   Cash and cash equivalents                      $ 77,205        $ 45,849
   Accrued oil and gas sales                        61,506         111,682
                                                  --------        --------
      Total current assets                        $138,711        $157,531

NET OIL AND GAS PROPERTIES, utilizing
   the full cost method                            181,788         186,876

DEFERRED CHARGE                                     25,136          25,136
                                                  --------        --------
                                                  $345,635        $369,543
                                                  ========        ========

                        LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
   Accounts payable                               $  6,265        $  6,206
   Gas imbalance payable                             4,664           4,664
                                                  --------        --------
      Total current liabilities                   $ 10,929        $ 10,870

ACCRUED LIABILITY                                 $ 22,825        $ 27,098

PARTNERS' CAPITAL:
   General Partner, 64 general
      partner units                               $  3,119        $  3,316
   Limited Partners, issued and
      outstanding, 6,400 Units                     308,762         328,259
                                                  --------        --------
      Total Partners' capital                     $311,881        $331,575
                                                  --------        --------
                                                  $345,635        $369,543
                                                  ========        ========






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



                                      -2-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                           STATEMENTS OF OPERATIONS
              FOR THE THREE MONTHS ENDED JUNE 30, 2001 AND 2000
                                   (Unaudited)

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

REVENUES:
   Oil and gas sales                           $164,931            $69,153
   Interest                                       1,017              2,429
                                               --------            -------
                                               $165,948            $71,582

COSTS AND EXPENSES:
   Oil and gas production                      $ 28,030            $19,447
   Depreciation, depletion, and
      amortization of oil and gas
      properties                                 18,390              1,421
   General and administrative
      (Note 2)                                   13,357             13,205
                                               --------            -------
                                               $ 59,777            $34,073
                                               --------            -------

NET INCOME                                     $106,171            $37,509
                                               ========            =======
GENERAL PARTNER (1%) - net income              $  1,062            $   375
                                               ========            =======
LIMITED PARTNERS (99%) - net income            $105,109            $37,134
                                               ========            =======
NET INCOME PER UNIT                            $  16.42            $  5.80
                                               ========            =======
UNITS OUTSTANDING                                 6,464              6,464
                                               ========            =======



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



                                      -3-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                           STATEMENTS OF OPERATIONS
               FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
                                   (Unaudited)

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

REVENUES:
   Oil and gas sales                           $362,333           $121,776
   Interest                                       1,841              3,743
                                               --------           --------
                                               $364,174           $125,519

COSTS AND EXPENSES:
   Oil and gas production                      $ 61,626           $ 39,695
   Depreciation, depletion, and
      amortization of oil and gas
      properties                                 27,978              5,476
   General and administrative
      (Note 2)                                   35,704             33,796
                                               --------           --------
                                               $125,308           $ 78,967
                                               --------           --------

NET INCOME                                     $238,866           $ 46,552
                                               ========           ========
GENERAL PARTNER (1%) - net income              $  2,389           $    465
                                               ========           ========
LIMITED PARTNERS (99%) - net income            $236,477           $ 46,087
                                               ========           ========
NET INCOME PER UNIT                            $  36.95           $   7.20
                                               ========           ========
UNITS OUTSTANDING                                 6,464              6,464
                                               ========           ========



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



                                      -4-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                           STATEMENTS OF CASH FLOWS
               FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
                                   (Unaudited)

                                                    2001            2000
                                                  --------        ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net income                                     $238,866         $ 46,552
   Adjustments to reconcile net income
      to net cash provided by operating
      activities:
      Depreciation, depletion, and
        amortization of oil and gas
        properties                                  27,978            5,476
      Decrease in accrued oil and gas
        sales                                       50,176           53,636
      Increase (decrease) in accounts
        payable                                         59        (   2,778)
      Decrease in accrued liability              (   4,273)               -
                                                  --------         --------
   Net cash provided by operating
      activities                                  $312,806         $102,886
                                                  --------         --------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Proceeds from the sale of oil and
      gas properties                              $      -         $  4,403
   Additions to oil and gas properties           (  22,890)               -
                                                  --------         --------
   Net cash provided (used) by
      investing activities                       ($ 22,890)        $  4,403
                                                  --------         --------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Cash distributions                            ($258,560)        $      -
                                                  --------         --------
   Net cash used by financing
      activities                                 ($258,560)        $      -
                                                  --------         --------

NET INCREASE IN CASH AND CASH
   EQUIVALENTS                                    $ 31,356         $107,289

CASH AND CASH EQUIVALENTS AT
   BEGINNING OF PERIOD                              45,849           76,054
                                                  --------         --------
CASH AND CASH EQUIVALENTS AT
   END OF PERIOD                                  $ 77,205         $183,343
                                                  ========         ========





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


                                      -5-
<PAGE>



             DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                   CONDENSED NOTES TO FINANCIAL STATEMENTS
                                  JUNE 30, 2001
                                   (Unaudited)


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

      The balance sheet as of June 30, 2001,  statements  of operations  for the
      three and six months ended June 30, 2001 and 2000,  and statements of cash
      flows for the six months  ended June 30, 2001 and 2000 have been  prepared
      by Dyco Petroleum  Corporation  ("Dyco"),  the General Partner of the Dyco
      Oil and Gas Program 1983-2 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 June 30,  2001,  results of  operations  for the three and six
      months ended June 30, 2001 and 2000, and changes in cash flows for the six
      months ended June 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 June 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.  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 June 30, 2001 and 2000,  the
      Program incurred such expenses totaling $13,357 and $13,205, respectively,
      of which $11,805 was paid each period to Dyco and its  affiliates.  During
      the six months  ended June 30, 2001 and 2000,  the Program  incurred  such
      expenses totaling $35,704 and $33,796,  respectively, of which $23,610 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.  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 is
      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 few months spot gas prices have  generally  declined
      month to month.  It is not possible to accurately  predict  future pricing
      direction.




                                      -9-
<PAGE>





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

                                                 Three Months Ended June 30,
                                                 --------------------------
                                                     2001            2000
                                                   --------         -------
      Oil and gas sales                            $164,931         $69,153
      Oil and gas production expenses              $ 28,030         $19,447
      Barrels produced                                   29               -
      Mcf produced                                   40,306          22,822
      Average price/Bbl                            $  29.24         $     -
      Average price/Mcf                            $   4.07         $  3.03

      As shown in the table  above,  total oil and gas sales  increased  $95,778
      (138.5%) for the three months ended June 30, 2001 as compared to the three
      months ended June 30, 2000. Of this  increase,  approximately  $53,000 was
      related to an  increase in volumes of gas sold and  approximately  $42,000
      was related to an increase  in the average  price of gas sold.  Volumes of
      oil and gas sold  increased 29 barrels and 17,484 Mcf,  respectively,  for
      the three months ended June 30, 2001 as compared to the three months ended
      June 30, 2000.  The increase in volumes of gas sold was  primarily  due to
      the  successful  recompletion  of one well during late 2000 and a positive
      prior period  volume  adjustment  made by the  purchaser on that same well
      during the three months ended June 30, 2001.  This  increase was partially
      offset by (i) the Program's receipt of a decreased  percentage of sales on
      another  well  during  the three  months  ended  June 30,  2001 due to gas
      balancing and (ii) normal  declines in production.  As of the date of this
      Quarterly  Report,  Management  expects the gas  balancing  adjustment  to
      continue for the foreseeable future, thereby continuing to contribute to a
      decrease in volumes of gas produced.  The average oil price was $29.24 per
      barrel  for the three  months  ended  June 30,  2001.  Average  gas prices
      increased  to $4.07 per Mcf for the three  months ended June 30, 2001 from
      $3.03 per Mcf for the three months ended June 30, 2000.

      Oil and gas production  expenses  (including lease operating  expenses and
      production taxes) increased $8,583 (44.1%) for the three months ended June
      30,  2001 as  compared  to the three  months  ended  June 30,  2000.  This
      increase was primarily due to an increase in production  taxes  associated
      with the  increase in oil and gas sales.  As a  percentage  of oil and gas
      sales,  these expenses  decreased to 17.0% for the three months ended June
      30,  2001 from  28.1% for the  three  months  ended  June 30,  2000.  This
      percentage decrease was primarily due to the increase in the average price
      of gas sold.




                                      -10-
<PAGE>





      Depreciation,  depletion,  and  amortization  of oil  and  gas  properties
      increased  $16,969  (1194.2%)  for the three months ended June 30, 2001 as
      compared  to the three  months  ended June 30,  2000.  This  increase  was
      primarily due to (i) an increase in the  depletable oil and gas properties
      at June 30, 2001 as compared  to June 30, 2000 due to  recompletion  costs
      incurred on one well during late 2000 and (ii) a decrease in the gas price
      used in the  valuation of reserves at June 30,  2001,  as compared to June
      30, 2000. As a percentage of oil and gas sales,  this expense increased to
      11.2% for the three  months  ended  June 30,  2001 from 2.1% for the three
      months ended June 30, 2000. This percentage  increase was primarily due to
      the dollar increase in depreciation, depletion, and amortization.

      General and  administrative  expenses  increased $152 (1.2%) for the three
      months  ended June 30, 2001 as compared to the three months ended June 30,
      2000. As a percentage of oil and gas sales,  these  expenses  decreased to
      8.1% for the three  months  ended  June 30,  2001 from 19.1% for the three
      months ended June 30, 2000. This percentage  decrease was primarily due to
      the increase in oil and gas sales.

      SIX MONTHS  ENDED JUNE 30, 2001  COMPARED TO THE SIX MONTHS ENDED JUNE 30,
      2000.

                                                   Six Months Ended June 30,
                                                   ------------------------
                                                     2001            2000
                                                   --------        --------
      Oil and gas sales                            $362,333        $121,776
      Oil and gas production expenses              $ 61,626        $ 39,695
      Barrels produced                                   34              90
      Mcf produced                                   69,679          46,251
      Average price/Bbl                            $  28.85        $  29.03
      Average price/Mcf                            $   5.19        $   2.58

      As shown in the table above,  total oil and gas sales  increased  $240,557
      (197.5%)  for the six months  ended June 30,  2001 as  compared to the six
      months ended June 30, 2000. Of this increase,  approximately  $182,000 was
      related to an increase in the average price of gas sold and  approximately
      $60,000 was related to an increase in volumes of gas sold.  Volumes of oil
      sold decreased 56 barrels,  while volumes of gas sold increased 23,428 Mcf
      for the six months ended June 30, 2001 as compared to the six months ended
      June 30, 2000.  The increase in volumes of gas sold was  primarily  due to
      the successful  recompletion  of one well during late 2000.  This increase
      was  partially  offset  by  (i)  the  Program's  receipt  of  a  decreased
      percentage  of sales on another  well during the six months ended June 30,
      2001 due to gas balancing and (ii) normal  declines in  production.  As of
      the date of this



                                      -11-
<PAGE>



      Quarterly  Report,  Management  expects the gas  balancing  adjustment  to
      continue for the foreseeable future, thereby continuing to contribute to a
      decrease  in volumes of gas  produced.  Average  oil prices  decreased  to
      $28.85 per barrel for the six months  ended June 30,  2001 from $29.03 per
      barrel  for the six  months  ended  June  30,  2000.  Average  gas  prices
      increased  to $5.19 per Mcf for the six months  ended  June 30,  2001 from
      $2.58 per Mcf for the six months ended June 30, 2000.

      Oil and gas production  expenses  (including lease operating  expenses and
      production  taxes) increased $21,931 (55.2%) for the six months ended June
      30, 2001 as compared to the six months ended June 30, 2000.  This increase
      was primarily due to (i) an increase in production  taxes  associated with
      the  increase  in oil  and  gas  sales  and  (ii)  subsurface  repair  and
      maintenance expenses incurred on one well during the six months ended June
      30, 2001. As a percentage of oil and gas sales,  these expenses  decreased
      to 17.0% for the six  months  ended  June 30,  2001 from 32.6% for the six
      months ended June 30, 2000. This percentage  decrease was primarily due to
      the increase in the average price of gas sold.

      Depreciation,  depletion,  and  amortization  of oil  and  gas  properties
      increased  $22,502  (410.9%)  for the six months  ended  June 30,  2001 as
      compared  to the six  months  ended  June  30,  2000.  This  increase  was
      primarily due to (i) an increase in the  depletable oil and gas properties
      at June 30, 2001 as compared  to June 30, 2000 due to  recompletion  costs
      incurred on one well  during  late 2000,  (ii) a decrease in the gas price
      used in the valuation of reserves at June 30, 2001 as compared to June 30,
      2000,  and (iii)  the  increase  in the  average  price of gas sold.  As a
      percentage  of oil and gas sales,  this expense  increased to 7.7% for the
      six months ended June 30, 2001 from 4.5% for the six months ended June 30,
      2000. This percentage increase was primarily due to the dollar increase in
      depreciation, depletion, and amortization.

      General and  administrative  expenses  increased $1,908 (5.6%) for the six
      months  ended June 30, 2001 as  compared to the six months  ended June 30,
      2000. As a percentage of oil and gas sales,  these  expenses  decreased to
      9.9% for the six months  ended June 30, 2001 from 27.8% for the six months
      ended June 30, 2000.  This  percentage  decrease was  primarily due to the
      increase 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 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 1983-2 LIMITED
                              PARTNERSHIP

                                    (Registrant)

                                    BY:   DYCO PETROLEUM CORPORATION

                                          General Partner


Date:  August 8, 2001              By:         /s/Dennis R. Neill
                                       -------------------------------
                                              (Signature)
                                              Dennis R. Neill
                                              President


Date:  August 8, 2001              By:         /s/Patrick M. Hall
                                       -------------------------------
                                              (Signature)
                                              Patrick M. Hall
                                              Chief Financial Officer


                                      -15-