UNITED STATES
                       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 quarterly period ended June 30, 2000


                         Commission File No. 33-19133-A

                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
             (Exact name of Registrant as specified in its charter)


                 Delaware                                   75-2225758
   -----------------------------------------          ----------------------
        (State or other jurisdiction of                  (I.R.S. Employer
        incorporation or organization)                Identification Number)


1400 Williams Square West, 5205 N. O'Connor Blvd., Irving, Texas      75039
----------------------------------------------------------------    ---------
           (Address of principal executive offices)                 (Zip code)

       Registrant's Telephone Number, including area code : (972) 444-9001


                                 Not applicable

              (Former name, former address and former fiscal year,
                          if changed since last report)


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  Registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                                Yes / x / No / /





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                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.

                                TABLE OF CONTENTS


                                                                        Page

                          Part I. Financial Information

Item 1.    Financial Statements

           Balance Sheets as of June 30, 2000 and
              December 31, 1999........................................    3

           Statements of Operations for the three and six
             months ended June 30, 2000 and 1999.......................    4

           Statement of Partners' Capital for the six months
             ended June 30, 2000.......................................    5

           Statements of Cash Flows for the six months ended
             June 30, 2000 and 1999....................................    6

           Notes to Financial Statements...............................    7

Item 2.    Management's Discussion and Analysis of Financial
             Condition and Results of Operations.......................    7


                           Part II. Other Information

Item 6.    Exhibits and Reports on Form 8-K............................   10

           27.1   Financial Data Schedule

           Signatures..................................................   11



                                        2


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                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)

                          Part I. Financial Information

Item 1.     Financial Statements
<TABLE>

                                 BALANCE SHEETS

                                                     June 30,      December 31,
                                                       2000            1999
                                                   -----------     -----------
                                                   (Unaudited)
                 ASSETS
<S>                                                <C>             <C>
Current assets:
  Cash                                             $   243,567     $   323,271
  Accounts receivable - oil and gas sales              101,736          87,732
                                                    ----------      ----------
        Total current assets                           345,303         411,003
                                                    ----------      ----------
Oil and gas properties - at cost, based on the
  successful efforts accounting method               4,855,712       4,854,930
Accumulated depletion                               (3,682,252)     (3,652,305)
                                                    ----------      ----------
        Net oil and gas properties                   1,173,460       1,202,625
                                                    ----------      ----------
                                                   $ 1,518,763     $ 1,613,628
                                                    ==========      ==========
    LIABILITIES AND PARTNERS' CAPITAL

Current liabilities:
  Accounts payable - affiliate                     $    26,274     $    13,463

Partners' capital:
  Managing general partner                              14,857          15,933
  Limited partners (11,222 interests)                1,477,632       1,584,232
                                                    ----------      ----------
                                                     1,492,489       1,600,165
                                                    ----------      ----------
                                                   $ 1,518,763     $ 1,613,628
                                                    ==========      ==========
</TABLE>



   The financial information included as of June 30, 000 has been prepared by
  the managing general partner without audit by independent public accountants.

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

                                        3


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                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)

                            STATEMENTS OF OPERATIONS
                                   (Unaudited)


<TABLE>

                                    Three months ended      Six months ended
                                         June 30,                June 30,
                                  ---------------------   ---------------------
                                     2000       1999        2000        1999
                                  ---------   ---------   ---------   ---------
<S>                               <C>         <C>         <C>         <C>
Revenues:
  Oil and gas                     $ 197,479   $ 111,050   $ 346,895   $ 194,872
  Interest                            4,202       2,763       7,804       5,175
  Gain on disposition of assets         -           -         9,859         -
                                   --------    --------    --------    --------
                                    201,681     113,813     364,558     200,047
                                   --------    --------    --------    --------
Costs and expenses:
  Oil and gas production            124,619      62,301     199,253     122,130
  General and administrative          5,925       3,331      10,407       5,846
  Depletion                          17,322      20,466      29,947      50,009
                                   --------    --------    --------    --------
                                    147,866      86,098     239,607     177,985
                                   --------    --------    --------    --------
Net income                        $  53,815   $  27,715   $ 124,951   $  22,062
                                   ========    ========    ========    ========
Allocation of net income:
  Managing general partner        $     539   $     278   $   1,250   $     221
                                   ========    ========    ========    ========
  Limited partners                $  53,276   $  27,437   $ 123,701   $  21,841
                                   ========    ========    ========    ========
Net income per limited
  partnership interest            $    4.74   $    2.45   $   11.02   $    1.95
                                   ========    ========    ========    ========

</TABLE>



         The financial information included herein has been prepared by
  the managing general partner without audit by independent public accountants.

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

                                        4


<PAGE>



                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)

                         STATEMENT OF PARTNERS' CAPITAL
                                   (Unaudited)



<TABLE>

                                     Managing
                                     general        Limited
                                     partner        partners        Total
                                    ----------     ----------     ----------

<S>                                 <C>            <C>            <C>
Balance at January 1, 2000          $   15,933     $1,584,232     $1,600,165

    Distributions                       (2,326)      (230,301)      (232,627)

    Net income                           1,250        123,701        124,951
                                     ---------      ---------      ---------

Balance at June 30, 2000            $   14,857     $1,477,632     $1,492,489
                                     =========      =========      =========

</TABLE>






         The financial information included herein has been prepared by
  the managing general partner without audit by independent public accountants.

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

                                        5


<PAGE>



                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)

<TABLE>

                                                         Six months ended
                                                              June 30,
                                                     ------------------------
                                                        2000          1999
                                                     ----------    ----------
<S>                                                  <C>           <C>
Cash flows from operating activities:
 Net income                                          $  124,951    $   22,062
 Adjustments to reconcile net income to net
     cash provided by operating activities:
       Depletion                                         29,947        50,009
       Gain on disposition of assets                     (9,859)          -
 Changes in assets and liabilities:
       Accounts receivable                              (14,004)      (12,329)
       Accounts payable                                  12,811        12,643
                                                      ---------     ---------
         Net cash provided by operating activities      143,846        72,385
                                                      ---------     ---------
Cash flows from investing activities:
 Additions to oil and gas properties                       (782)          -
 Proceeds from asset dispositions                         9,859           -
                                                      ---------     ---------
         Net cash provided by investing activities        9,077           -
                                                      ---------     ---------
Cash flows used in financing activities:
 Cash distributions to partners                        (232,627)      (59,573)
                                                      ---------     ---------
Net increase (decrease) in cash                         (79,704)       12,812
Cash at beginning of period                             323,271       278,229
                                                      ---------     ---------
Cash at end of period                                $  243,567    $  291,041
                                                      =========     =========

</TABLE>




         The financial information included herein has been prepared by
  the managing general partner without audit by independent public accountants.

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

                                        6


<PAGE>



                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)

                          NOTES TO FINANCIAL STATEMENTS
                                  June 30, 2000
                                   (Unaudited)

Note 1.     Organization and nature of operations

Parker & Parsley  Producing  Properties  88-A,  L.P.  (the  "Partnership")  is a
limited partnership organized in 1988 under the laws of the State of Delaware.

The  Partnership  engages in oil and gas production in Texas and is not involved
in any industry segment other than oil and gas.

Note 2.     Basis of presentation

In  the  opinion  of  management,  the  unaudited  financial  statements  of the
Partnership  as of June 30, 2000 and for the three and six months ended June 30,
2000 and 1999 include all  adjustments  and accruals  consisting  only of normal
recurring accrual adjustments which are necessary for a fair presentation of the
results for the  interim  period.  These  interim  results  are not  necessarily
indicative of results for a full year. Certain  reclassifications  may have been
made to the June 30, 1999  financial  statements to conform to the June 30, 2000
financial statement presentations.

Certain  information  and footnote  disclosures  normally  included in financial
statements prepared in accordance with generally accepted accounting  principles
have been  condensed  or  omitted  in this Form 10-Q  pursuant  to the rules and
regulations of the Securities and Exchange Commission.  The financial statements
should  be read in  conjunction  with the  financial  statements  and the  notes
thereto  contained in the  Partnership's  Report on Form 10-K for the year ended
December 31, 1999, as filed with the Securities and Exchange Commission,  a copy
of which is available upon request by writing to Rich Dealy,  Vice President and
Chief Accounting Officer,  5205 North O'Connor  Boulevard,  1400 Williams Square
West, Irving, Texas 75039-3746.

Item 2.     Management's Discussion and Analysis of Financial Condition
              and Results of Operations (1)

Results of Operations

Six months ended June 30, 2000 compared with six months ended
  June 30, 1999

Revenues:

The  Partnership's  oil and gas revenues  increased  78% to $346,895 for the six
months  ended June 30, 2000 as compared to $194,872 for the same period in 1999.
The increase in revenues resulted from higher average prices received, offset by
a decline in production.  For the six months ended June 30, 2000,  8,488 barrels
of oil, 5,238 barrels of natural gas liquids ("NGLs") and 20,402 mcf of gas were

                                        7


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sold, or 17,126  barrel of oil  equivalents  ("BOEs").  For the six months ended
June 30, 1999,  10,144  barrels of oil,  5,069 barrels of NGLs and 22,550 mcf of
gas were sold, or 18,971 BOEs.

The average price  received per barrel of oil increased  $14.78,  or 114%,  from
$12.93 for the six months  ended June 30,  1999 to $27.71 for the same period in
2000. The average price received per barrel of NGLs  increased  $7.09,  or 104%,
from  $6.84  during the six  months  ended June 30,  1999 to $13.93 for the same
period in 2000.  The average  price  received per mcf of gas  increased 47% from
$1.29  during the six months ended June 30, 1999 to $1.90 for the same period in
2000. The market price for oil and gas has been  extremely  volatile in the past
decade and  management expects a certain amount of volatility to continue in the
foreseeable  future.  The  Partnership may therefore sell its future oil and gas
production at average  prices lower or higher than that received  during the six
months ended June 30, 2000.

The volatility of commodity prices has had, and continues to have, a significant
impact on the Partnership's revenues and operating cash flow and could result in
additional  decreases to the  carrying  value of the  Partnership's  oil and gas
properties.

Gain on  disposition  of assets of $9,859 was  recognized  during the six months
ended June 30,  2000  resulting  from  equipment  credits  received on one fully
depleted well.

Costs and Expenses:

Total costs and expenses increased to $239,607 for the six months ended June 30,
2000 as  compared  to  $177,985  for the same  period in 1999,  an  increase  of
$61,622,  or 35%. This increase was the result of increases in production  costs
and  general  and  administrative  expenses  ("G&A"),  offset  by a  decline  in
depletion.

Production  costs  were  $199,253  for the six months  ended  June 30,  2000 and
$122,130 for the same period in 1999,  resulting  in an increase of $77,123,  or
63%. This increase was attributable to additional  workover and well maintenance
costs incurred to stimulate well production and higher  production  taxes due to
higher oil and gas prices.

G&A's  components are independent  accounting and engineering  fees and managing
general  partner  personnel  and  operating  costs.   During  this  period,  G&A
increased, in aggregate,  78% from $5,846 for the six months ended June 30, 1999
to $10,407 for the same period in 2000  primarily  due to a higher allocation of
the managing general partner's G&A being allocated (limited to 3% of oil and gas
revenues) as a result of increased  oil and gas revenues.

Depletion was $29,947 for the six months ended June 30, 2000 compared to $50,009
for the same period in 1999, a decrease of $20,062,  or 40%.  This  decrease was
primarily attributable to an increase in proved reserves during the period ended
June 30, 2000 due to higher  commodity  prices,  a decline in oil  production of
1,656 barrels for the six months ended June 30, 2000 compared to the same period
in 1999 and a reduction in the  Partnership's  net depletable basis from charges
taken in accordance  with Statement of Financial  Accounting  Standards No. 121,
"Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to
be Disposed Of" ("SFAS 121") during the fourth quarter of 1999.

                                        8


<PAGE>



Three months ended June 30, 2000 compared with three months ended June 30, 1999

Revenues:

The Partnership's  oil and gas revenues  increased 78% to $197,479 for the three
months  ended June 30, 2000 as compared to $111,050 for the same period in 1999.
The increase in revenues resulted from higher average prices received, offset by
a decline in production. For the three months ended June 30, 2000, 4,780 barrels
of oil,  2,886  barrels of NGLs and 10,613 mcf of gas were sold,  or 9,435 BOEs.
For the three months ended June 30, 1999, 4,974 barrels of oil, 2,728 barrels of
NGLs and 11,075 mcf of gas were sold, or 9,548 BOEs.

The average  price  received per barrel of oil  increased  $13.01,  or 90%, from
$14.49 for the three months ended June 30, 1999 to $27.50 for the same period in
2000.  The average price received per barrel of NGLs  increased  $6.41,  or 78%,
from $8.25  during the three  months  ended June 30, 1999 to $14.66 for the same
period in 2000.  The average  price  received per mcf of gas  increased 50% from
$1.49  during the three  months ended June 30, 1999 to $2.23 for the same period
in 2000.

Costs and Expenses:

Total costs and  expenses  increased to $147,866 for the three months ended June
30, 2000 as  compared  to $86,098  for the same  period in 1999,  an increase of
$61,768,  or 72%. This increase was the result of increases in production  costs
and G&A, offset by a decline in depletion.

Production  costs were  $124,619  for the three  months  ended June 30, 2000 and
$62,301 for the same period in 1999  resulting in a $62,318  increase,  or 100%.
This increase was attributable to additional workover costs and well maintenance
costs incurred to stimulate well production and higher  production  taxes due to
higher oil and gas prices.

During this period, G&A increased,  in aggregate,  78% from $3,331 for the three
months ended June 30, 1999 to $5,925 for the same period in 2000  primarily  due
to a higher  allocation of the managing  general  partner's G&A being  allocated
(limited to 3% of oil and gas  revenues)  as a result of  increased  oil and gas
revenues.

Depletion  was $17,322  for the three  months  ended June 30,  2000  compared to
$20,466 for the same period in 1999, a decrease of $3,144, or 15%. This decrease
was primarily  attributable  to an increase in proved reserves during the period
ended June 30, 2000 as a result of higher commodity prices, and a decline in oil
production  of 194 barrels for the three months ended June 30, 2000  compared to
the same  period in 1999 and a reduction  in the  Partnership's  net  depletable
basis from charges taken in accordance  with SFAS 121 during the fourth  quarter
of 1999.

Liquidity and Capital Resources

Net Cash Provided by Operating Activities

Net cash  provided by  operating  activities  increased  $71,461  during the six
months  ended  June 30,  2000 from the same  period  ended June 30,  1999.  This

                                        9


<PAGE>



increase  was  primarily  due to an  increase  in oil and gas sales  receipts of
$152,977,  offset by  increases  in  operating  costs  paid of  $73,790  and G&A
expenses paid of $7,726.

Net Cash Provided by Investing Activities

The Partnership's investing activities during the six months ended June 30, 2000
were related to  expenditures  for  upgrades of oil and gas  equipment on active
properties.

Proceeds from disposition of assets of $9,859  recognized  during the six months
ended June 30, 2000 were from equipment credits on one fully depleted well.

Net Cash Used in Financing Activities

For the six months ended June 30, 2000, cash  distributions to the partners were
$232,627,  of which $2,326 was  distributed to the managing  general partner and
$230,301 to the limited partners.  For the same period ended June 30, 1999, cash
distributions to the partners were $59,573, of which $530 was distributed to the
managing general partner and $59,043 to the limited partners.

---------------

(1)    "Item 2. Management's  Discussion and Analysis of Financial Condition and
       Results of Operations"  contains forward looking  statements that involve
       risks and uncertainties. Accordingly, no assurances can be given that the
       actual  events and  results  will not be  materially  different  than the
       anticipated results described in the forward looking statements.

                           Part II. Other Information

Item 6.     Exhibits and Reports on Form 8-K

(a)    Exhibits

       27.1   Financial Data Schedule

(b)    Reports on Form 8-K - none


                                       10


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                PARKER & PARSLEY PRODUCING PROPERTIES 88-A, L.P.
                        (A Delaware Limited Partnership)



                               S I G N A T U R E S



       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.

                                         PARKER & PARSLEY PRODUCING
                                         PROPERTIES 88-A, L.P.

                                By:      Pioneer Natural Resources USA, Inc.,
                                           Managing General Partner

Dated:  August 9, 2000          By:      /s/ Rich Dealy
                                         --------------------------------
                                         Rich Dealy, Vice President and
                                         Chief Accounting Officer

                                       11


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