<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
         June 30, 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
                                         June 30,    December 31,
                                           1997         1996
                                        ----------   ------------

CURRENT ASSETS:
  Cash and cash equivalents               $ 45,927      $ 22,434
  Accounts Receivable - General 
   Partner (Note 2)                            -          18,220
  Accrued oil and gas sales                 38,102        66,746
                                          --------      --------
     Total current assets                 $ 84,029      $107,400

NET OIL AND GAS PROPERTIES, utilizing
  the full cost method                     182,828       202,453

DEFERRED CHARGE                             84,611        84,611
                                          --------      --------
                                          $351,468      $394,464
                                          ========      ========

                   LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
  Accounts payable                        $ 10,312      $  8,458
  Accounts payable - General
   Partner (Note 2)                            -          45,000
  Gas imbalance payable                     14,637        14,637
                                          --------      --------
     Total current liabilities            $ 24,949      $ 68,095

ACCRUED LIABILITY                           63,366        63,366

PARTNERS' CAPITAL:
  General Partner, issued and
   outstanding, 64 units                     2,631         2,630
  Limited Partners, issued and
   outstanding, 6,400 units                260,522       260,373
                                          --------      --------
     Total Partners' capital              $263,153      $263,003
                                          --------      --------
                                          $351,468      $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 JUNE 30, 1997 AND 1996
                              (Unaudited)


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

REVENUES:
  Oil and gas sales                      $64,960       $71,957
  Interest                                   352           -  
                                         -------       -------
                                         $65,312       $71,957

COST AND EXPENSES:
  Oil and gas production                 $39,005       $21,542
  Depreciation, depletion, and
   amortization of oil and gas
   properties                              6,190        10,359
  General and administrative (Note 2)     13,752        15,628
                                         -------       -------
                                         $58,947       $47,529
                                         -------       -------

NET INCOME                               $ 6,365       $24,428 
                                         =======       =======
GENERAL PARTNER (1%) - net        
  income                                 $    64       $   244 
                                         =======       =======
LIMITED PARTNERS (99%) - net
  income                                 $ 6,301       $24,184 
                                         =======       =======
NET INCOME PER UNIT                      $   .98       $  3.78 
                                         =======       =======
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 OPERATIONS
            FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND 1996
                              (Unaudited)


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

REVENUES:
  Oil and gas sales                     $124,956      $137,853
  Interest                                   571           -  
                                        --------      --------
                                        $125,527      $137,853

COST AND EXPENSES:
  Oil and gas production                $ 72,854      $ 51,841
  Depreciation, depletion, and
   amortization of oil and gas
   properties                             15,659        17,422
  General and administrative (Note 2)     36,864        34,317
                                        --------      --------
                                        $125,377      $103,580
                                        --------      --------

NET INCOME                              $    150      $ 34,273 
                                        ========      ========
GENERAL PARTNER (1%) - net        
  income                                $      1      $    343 
                                        ========      ========
LIMITED PARTNERS (99%) - net
  income                                $    149      $ 33,930 
                                        ========      ========
NET INCOME PER UNIT                     $    .02      $   5.30 
                                        ========      ========
UNITS OUTSTANDING                          6,464         6,464
                                        ========      ========

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

                                  -4-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                       STATEMENTS OF CASH FLOWS
            FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND 1996
                              (Unaudited)

                                           1997         1996
                                         ---------    ---------
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income                              $   150      $34,273 
  Adjustments to reconcile net income
   to net cash provided by operating
   activities:
   Depreciation, depletion, and 
     amortization of oil and gas
     properties                            15,659       17,422
   Decrease in accounts receivable -
     general partner                       18,220          -
   (Increase) decrease in accrued oil
     and gas sales                         28,644     ( 14,255)
   Increase in accounts payable             1,854       30,785 
   Decrease in accounts payable -
     General Partner                     ( 45,000)         -
                                          -------      ------- 
   Net cash provided by operating
     activities                           $19,527      $68,225
                                          -------      -------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Proceeds from the sale of oil and
   gas properties                         $ 4,460      $   -  
  Additions to oil and gas properties    (    494)    ( 64,345)
                                          -------      -------
   Net cash provided (used) by 
     investing activities                 $ 3,966     ($64,345)
                                          -------      -------

CASH FLOWS FROM FINANCING ACTIVITIES:

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

NET INCREASE IN CASH AND CASH
  EQUIVALENTS                             $23,493      $ 3,880 

CASH AND CASH EQUIVALENTS AT 
  BEGINNING OF PERIOD                      22,434          314 
                                          -------      -------
CASH AND CASH EQUIVALENTS AT
  END OF PERIOD                           $45,927      $ 4,194
                                          =======      =======

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

                                  -5-
<PAGE>
<PAGE>
          DYCO OIL AND GAS PROGRAM 1983-2 LIMITED PARTNERSHIP
                CONDENSED NOTES TO FINANCIAL STATEMENTS
                             JUNE 30, 1997
                              (Unaudited)


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

     The balance sheet as  of June 30, 1997, statements  of operations
     for the  three and six months  ended June 30, 1997  and 1996, and
     statements of  cash flows for the six  months ended June 30, 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 June 30,  1997, results of  operations for
     the three and six months ended June 30, 1997 and 1996 and changes
     in cash  flows for the  six months ended  June 30, 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 June 30, 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.

                                  -6-
<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  June 30, 1997 and  1996 such expenses  totaled $13,752 and
     $15,628,  respectively, of  which $10,971  was paid  quarterly to
     Dyco  and its affiliates.   During the six  months ended June 30,
     1997  and  1996  such   expenses  totaled  $36,864  and  $34,317,
     respectively, of which $21,582  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.

     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.

                                  -7-
<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
----------------------
                                  -8-
<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 Program's  revenues is the
     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 JUNE 30, 1997 AS COMPARED TO  THE THREE MONTHS
     ENDED JUNE 30, 1996.

                                      Three months ended June 30,
                                      ---------------------------
                                          1997            1996
                                         -------         -------
      Oil and gas sales                  $64,960         $71,957
      Oil and gas production expenses    $39,005         $21,542
      Barrels produced                       430             249
      Mcf produced                        27,386          33,911
      Average price/Bbl                  $ 19.43         $ 18.57
      Average price/Mcf                  $  2.07         $  1.99

     As shown in the  table above, total oil  and gas sales  decreased
     $6,997  (9.7%)  for  the three  months  ended  June  30, 1997  as
     compared to  the  three months  ended  June 30,  1996.   Of  this
     decrease,  approximately $13,000  was  related to  a decrease  in
     volumes  of   gas  sold,  partially  offset  by  an  increase  of
     approximately $2,000 related to the increase in the average price
     of  gas sold and an  increase of approximately  $3,000 related to
     the  increase  in volumes  of  oil  sold.   Volumes  of  oil sold
     increased  181 barrels, while volumes of gas sold decreased 6,525
     Mcf  for the three months ended June  30, 1997 as compared to the
     three months ended June 30, 1996.  The increase in volumes of oil
     sold resulted primarily from the  shutting-in of one well  during
     the three months ended June 30, 1996 to perform a recompletion in
     order to improve the recovery  of reserves.  The decrease in  the
     volumes of gas sold  resulted primarily from a normal  decline in
     production due to diminished  gas reserves on one well.   Average
     oil and gas prices increased to  $19.43 per barrel and $2.07  per
     Mcf,  respectively, for the three months ended June 30, 1997 from
     $18.57  per barrel and $1.99 per Mcf, respectively, for the three
     months ended June 30, 1996.

     Oil  and  gas  production  expenses  (including  lease  operating
     expenses and production taxes)  increased $17,463 (81.1%) for the
     three months ended June 30, 1997  as compared to the three months
     ended June 30, 1996.   This increase resulted primarily  from (i)
     an  increase in compression expenses incurred  on one well during
     the three  months ended June  30, 1997 as  compared to the  three
     months ended June 30, 1996 and (ii) workover expenses incurred on
     two wells during the three months ended June 30, 1997 in order to
     improve the recovery of reserves.  As a percentage of oil and gas
     sales,  these expenses  increased to 60.0%  for the  three months

                                  -9-
<PAGE>
<PAGE>
     ended June 30,  1997 from 29.9%  for the three months  ended June
     30,  1996.   This percentage  increase was  primarily due  to the
     dollar increase in production expenses discussed above, partially
     offset  by an increase in the average  prices of oil and gas sold
     during the three  months ended June 30,  1997 as compared to  the
     three months ended June 30, 1996.

     Depreciation,  depletion,   and  amortization  of   oil  and  gas
     properties decreased  $4,169 (40.3%)  for the three  months ended
     June 30,  1997 as  compared to  the three  months ended  June 30,
     1996.   This decrease resulted  primarily from (i)  a decrease in
     volumes of  gas sold during the three  months ended June 30, 1997
     as  compared to  the three  months ended June  30, 1996  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  9.5% for  the three months  ended June  30,
     1997 from 14.4%  for the three months ended June  30, 1996.  This
     percentage decrease was  primarily due to the  dollar decrease in
     depreciation, depletion,  and amortization discussed above and an
     increase in the  average prices  of oil and  gas sold during  the
     three months ended June 30, 1997  as compared to the three months
     ended June 30, 1996.  

     General  and administrative expenses decreased $1,876 (12.0%) for
     the three  months ended June  30, 1997  as compared to  the three
     months  ended June 30,  1996.   This decrease  resulted primarily
     from a  decrease in  professional  fees during  the three  months
     ended  June 30, 1997 as  compared to the  three months ended June
     30, 1996.  As a  percentage of oil and gas sales,  these expenses
     remained relatively constant at 21.2% for  the three months ended
     June 30, 1997 and 21.7% for the three months ended June 30, 1996.

     SIX MONTHS  ENDED JUNE  30, 1997  AS COMPARED TO  THE SIX  MONTHS
     ENDED JUNE 30, 1996.

                                       Six months ended June 30,
                                       -------------------------
                                          1997            1996
                                        --------        --------
      Oil and gas sales                 $124,956        $137,853
      Oil and gas production expenses   $ 72,854        $ 51,841
      Barrels produced                       821             387
      Mcf produced                        52,327          70,133
      Average price/Bbl                 $  20.54        $  17.52
      Average price/Mcf                 $   2.07        $   1.87

     As  shown in the  table above, total oil  and gas sales decreased
     $12,897 (9.4%) for the six months ended June 30, 1997 as compared
     to the  six  months  ended June  30,  1996.   Of  this  decrease,
     approximately $33,000 was related to a decrease in volumes of gas
     sold, partially  offset by increases of  approximately $2,000 and
     $10,000, respectively, related to increases in the average prices
     of  oil  and gas  sold and  an  increase of  approximately $8,000


                                 -10-
<PAGE>
<PAGE>
     related to  an increase in volumes  of oil sold.   Volumes of oil
     sold  increased 434 barrels, while volumes  of gas sold decreased
     17,806 Mcf  for the six months ended June 30, 1997 as compared to
     the  six months ended June 30, 1996.   The increase in volumes of
     oil  sold resulted  primarily from  the shutting-in  of one  well
     during   the  six  months  ended  June  30,  1996  to  perform  a
     recompletion in order to  improve the recovery of reserves.   The
     decrease in the volumes  of gas sold resulted primarily  from (i)
     normal declines in  production due to diminished  gas reserves on
     three  wells and (ii) the sale of  one well during 1996.  Average
     oil and gas prices increased  to $20.54 per barrel and $2.07  per
     Mcf,  respectively, for the six  months ended June  30, 1997 from
     $17.52  per barrel and $1.87  per Mcf, respectively,  for the six
     months ended June 30, 1996.

     Oil  and  gas  production  expenses  (including  lease  operating
     expenses and production taxes)  increased $21,013 (40.5%) for the
     six months  ended June  30, 1997 as  compared to  the six  months
     ended  June  30, 1996.    This increase  resulted  primarily from
     workover expenses  incurred on two  wells during  the six  months
     ended June 30, 1997 in order to improve the recovery of reserves.
     As a percentage of oil and gas sales, these expenses increased to
     58.3% for the  six months ended June 30, 1997  from 37.6% for the
     six months ended  June 30,  1996.  This  percentage increase  was
     primarily  due  to the  dollar  increase  in production  expenses
     discussed above, partially offset by the increases in the average
     prices of oil and gas  sold during the six months ended  June 30,
     1997 as compared to the six months ended June 30, 1996.

     Depreciation,  depletion,   and  amortization  of  oil   and  gas
     properties decreased $1,763 (10.1%) for the six months ended June
     30, 1997 as compared to the six months ended June 30, 1996.  This
     decrease resulted primarily from the  decrease in volumes of  gas
     sold during the six months ended June 30, 1997 as compared to the
     six months ended June  30, 1996.  As a percentage of  oil and gas
     sales, this expense remained relatively constant at 12.5% for the
     six months ended June 30, 1997 and 12.6% for the six months ended
     June 30, 1996.

     General and administrative expenses  increased $2,547 (7.4%)  for
     the six months ended June 30,  1997 as compared to the six months
     ended  June 30, 1996.   This increase resulted  primarily from an
     increase  in both  professional  fees and  miscellaneous expenses
     during the six months ended June  30, 1997 as compared to the six
     months  ended June  30, 1996.   As  a percentage  of oil  and gas
     sales, these expenses increased to 29.5% for the six months ended
     June 30, 1997 from 24.9% for  the six months ended June 30, 1996.
     This percentage increase was primarily due to the decrease in oil
     and gas sales discussed above.

                                 -11-
<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 June 30,  1997 and for
                    the  six  months   ended  June  30,  1997,   filed
                    herewith.

                    All other exhibits are omitted as inapplicable.

     (b)  Reports on Form 8-K

          None.
                                 -12-
<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:  August 5, 1997        By:        /s/Dennis R. Neill
                                 --------------------------------
                                        (Signature)
                                        Dennis R. Neill
                                        President



Date:  August 5, 1997        By:        /s/Patrick M. Hall
                                 -------------------------------
                                        (Signature)
                                        Patrick M. Hall
                                        Chief Financial Officer


                                -14-
<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 June
          30, 1997 and for the  six months ended June 30, 1997,  filed
          herewith.

          All other exhibits are omitted as inapplicable.
<PAGE>