<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                   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      
                             ----      ----
<PAGE>
<PAGE>
                    PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

          DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                            BALANCE SHEETS
                              (Unaudited)

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

CURRENT ASSETS:
  Cash and cash equivalents               $ 29,988      $ 22,434
  Accounts Receivable - General 
   Partner (Note 2)                            -          18,220
  Accrued oil and gas sales                 37,841        66,746
                                          --------      --------
     Total current assets                 $ 67,829      $107,400

NET OIL AND GAS PROPERTIES, utilizing
  the full cost method                     190,439       202,453

DEFERRED CHARGE                             84,611        84,611
                                          --------      --------
                                          $342,879      $394,464
                                          ========      ========

                   LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
  Accounts payable                        $  8,088      $  8,458
  Accounts payable - General
   Partner (Note 2)                            -          45,000
  Gas imbalance payable                     14,637        14,637
                                          --------      --------
     Total current liabilities            $ 22,725      $ 68,095

ACCRUED LIABILITY                           63,366        63,366

PARTNERS' CAPITAL:
  General Partner, issued and
   outstanding, 64 units                     2,568         2,630
  Limited Partners, issued and
   outstanding, 6,400 units                254,220       260,373
                                          --------      --------
     Total Partners' capital              $256,788      $263,003
                                          --------      --------
                                          $342,879      $394,464
                                          ========      ========

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

                                  -2-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                       STATEMENTS OF OPERATIONS
          FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND 1996
                              (Unaudited)


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

REVENUES:
  Oil and gas sales                      $59,996       $65,896
  Interest                                   219           -  
                                         -------       -------
                                         $60,215       $65,896

COST AND EXPENSES:
  Oil and gas production                 $33,849       $30,299
  Depreciation, depletion, and
   amortization of oil and gas
   properties                              9,469         7,063
  General and administrative (Note 2)     23,112        18,689
                                         -------       -------
                                         $66,430       $56,051
                                         -------       -------

NET INCOME (LOSS)                       ($ 6,215)      $ 9,845 
                                         =======       =======
GENERAL PARTNER (1%) - net        
  income (loss)                         ($    62)      $    98 
                                         =======       =======
LIMITED PARTNERS (99%) - net
  income (loss)                         ($ 6,153)      $ 9,747 
                                         =======       =======
NET INCOME (LOSS) PER UNIT              ($   .96)      $  1.52 
                                         =======       =======
UNITS OUTSTANDING                          6,464         6,464
                                         =======       =======

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

                                  -3-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1983-2 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 (loss)                      ($ 6,215)     $ 9,845 
  Adjustments to reconcile net income
   (loss) to net cash provided by
   operating activities:
   Depreciation, depletion, and 
     amortization of oil and gas
     properties                             9,469        7,063
   Decrease in accounts receivable -
     general partner                       18,220          -
   (Increase) decrease in accrued oil
     and gas sales                         28,905     (  8,117)
   Increase (decrease) in accounts 
     payable                             (    370)      17,436 
   Decrease in accounts payable -
     General Partner                     ( 45,000)         -
                                          -------      ------- 
  Net cash provided by operating
     activities                           $ 5,009      $26,227
                                          -------      -------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Proceeds from the sale of oil and
   gas properties                         $ 2,545      $   -  
  Additions to oil and gas properties         -       ( 20,191)
                                          -------      -------
   Net cash provided (used) by 
     investing activities                 $ 2,545     ($20,191)
                                          -------      -------

CASH FLOWS FROM FINANCING ACTIVITIES:

   Net cash used by financing
     activities                           $   -        $   -   
                                          -------      -------

NET INCREASE IN CASH AND CASH
  EQUIVALENTS                             $ 7,554      $ 6,036 

CASH AND CASH EQUIVALENTS AT 
  BEGINNING OF PERIOD                      22,434          314 
                                          -------      -------
CASH AND CASH EQUIVALENTS AT
  END OF PERIOD                           $29,988      $ 6,350
                                          =======      =======

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

                                  -4-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                CONDENSED NOTES TO FINANCIAL STATEMENTS
                            MARCH 31, 1997
                              (Unaudited)


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

     The  balance sheet 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
     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  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 Program's 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
     have been capitalized, plus estimated future development costs.

                                  -5-
<PAGE>
<PAGE>
2.   TRANSACTIONS WITH RELATED PARTIES
     ---------------------------------

     Under the terms  of the Program's partnership  agreement, Dyco is
     entitled to receive a reimbursement  for all direct expenses  and
     general and administrative,  geological and engineering  expenses
     it incurs  on behalf  of the  Program.  During  the three  months
     ended March 31, 1997  and 1996 such expenses totaled  $23,112 and
     $18,689, respectively, of which $10,791 was  paid each quarter to
     Dyco and its affiliates.

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

     The  receivable from  the General  Partner at  December 31,  1996
     represents proceeds  due to the Program  for the sale  of oil and
     gas properties.  During the first quarter of 1997 such receivable
     was collected by the Program.

     The Program had  a payable due to Dyco as  the General Partner of
     $45,000  at December 31, 1996 included in accounts payable.  This
     payable represented an  advance made by  the General Partner  for
     working  capital needs.   During  the first  quarter of  1997 the
     Program repaid this liability.

                                  -6-
<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 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, or 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.

     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  bank debt  commitments.   Cash  for  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  variable affecting the Program's  revenues is the

                                  -7-
<PAGE>
<PAGE>
     prices received  for the sale of oil  and gas.  Predicting future
     prices is very difficult.  Substantially all of the Program's 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.

     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                  $59,996         $65,896
      Oil and gas production expenses    $33,849         $30,299
      Barrels produced                       391             138
      Mcf produced                        24,941          36,222
      Average price/Bbl                  $ 21.75         $ 15.64
      Average price/Mcf                  $  2.06         $  1.76

     As shown  in the table above,  total oil and gas  sales decreased
     $5,900  (9.0%) for  the  three months  ended  March 31,  1997  as
     compared  to the  three  months ended  March 31,  1996.   Of this
     decrease,  approximately $20,000  was  related to  a decrease  in
     volumes   of  gas   sold,  partially   offset  by   increases  of
     approximately  $2,000  and   $7,000,  respectively,  related   to
     increases  in the  average  prices of  oil and  gas  sold and  an
     increase  of  approximately  $4,000  related to  an  increase  in
     volumes of oil sold.  Volumes of oil sold increased  253 barrels,
     while  volumes of  gas sold  decreased 11,281  Mcf for  the three
     months ended March 31, 1997 as compared to the three months ended
     March 31,  1996.  The  increase in  volumes of oil  sold resulted
     primarily  from the  shutting-in  of one  well  during the  three
     months ended March 31, 1996 to perform a recompletion in order to
     improve the recovery of reserves.  The decrease in volumes of gas
     sold resulted primarily from normal declines in production due to
     diminished gas reserves on several wells during  the three months
     ended March 31, 1997 as compared  to the three months ended March
     31,  1996.  Average  oil and gas  prices increased  to $21.75 per
     barrel  and $2.06  per Mcf,  respectively, for  the three  months
     ended  March 31, 1997 from  $15.64 per barrel  and $1.76 per Mcf,
     respectively, for the three months ended March 31, 1996.

     Oil  and  gas  production  expenses  (including  lease  operating
     expenses and  production taxes) increased $3,550  (11.7%) 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  compression 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 increased  to  56.4% for  the three  months ended
     March  31, 1997 from 46.0%  for the three  months ended March 31,
     1996.  This percentage  increase was primarily due to  the dollar
     increase in production expenses discussed above.

     Depreciation,  depletion,  and  amortization   of  oil  and   gas

                                  -8-
<PAGE>
<PAGE>
     properties increased  $2,406 (34.1%)  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 the
     estimated future development costs associated  with the remaining
     oil  and gas reserves at  December 31, 1996,  partially offset by
     the decrease in volumes of gas sold 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,  this  expense
     increased to 15.8% for the three months ended March 31, 1997 from
     10.7% for the three months ended March 31, 1996.  This percentage
     increase   was  primarily   due   to  the   dollar  increase   in
     depreciation, depletion, and amortization discussed above.  

     General and administrative expenses  increased $4,423 (23.7%) 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
     increased to 38.5%  for the  three months ended  March  31,  1997
     from  28.4% for  the three  months ended  March 31,  1996.   This
     percentage  increase was primarily due to the decrease in oil and
     gas sales discussed above.

                                  -9-
<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 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

                                 -10-
<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 1983-2 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

                                 -11-
<PAGE>
<PAGE>
                           INDEX TO EXHIBITS
                           -----------------


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

27.1      Financial   Data   Schedule  containing   summary  financial
          information  extracted from  the  Dyco Oil  and Gas  Program
          1983-2  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.

                                 -12-
<PAGE>