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. 33-19659-01

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


                  Delaware                                75-2225738
   ------------------------------------------       ---------------------
        (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 / /


<PAGE>



                           PARKER & PARSLEY 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


<PAGE>



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

                          Part I. Financial Information

Item 1.      Financial Statements

                                 BALANCE SHEETS
<TABLE>
                                                    June 30,       December 31,
                                                      2000            1999
                                                   -----------     -----------
                                                   (Unaudited)
                 ASSETS
<S>                                                <C>             <C>
Current assets:
  Cash                                             $   208,786     $   215,801
  Accounts receivable - oil and gas sales              165,477         177,635
                                                    ----------      ----------
        Total current assets                           374,263         393,436
                                                    ----------      ----------
Oil and gas properties - at cost, based on the
  successful efforts accounting method              10,107,832      10,102,308
Accumulated depletion                               (8,479,179)     (8,430,381)
                                                    ----------      ----------
        Net oil and gas properties                   1,628,653       1,671,927
                                                    ----------      ----------
                                                   $ 2,002,916     $ 2,065,363
                                                    ==========      ==========
LIABILITIES AND PARTNERS' CAPITAL

Current liabilities:
  Accounts payable - affiliate                     $    35,767     $    23,009

Partners' capital:
  Managing general partner                              19,913          20,665
  Limited partners (12,935 interests)                1,947,236       2,021,689
                                                    ----------      ----------
                                                     1,967,149       2,042,354
                                                    ----------      ----------
                                                   $ 2,002,916     $ 2,065,363
                                                    ==========      ==========
</TABLE>


  The financial information included as of June 30, 2000 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


<PAGE>



                           PARKER & PARSLEY 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                     $ 334,067   $ 209,933   $ 638,135   $ 374,957
  Interest                            3,963       1,893       7,078       3,533
  Gain on disposition of assets         -           -           259         -
                                   --------    --------    --------    --------
                                    338,030     211,826     645,472     378,490
                                   --------    --------    --------    --------
Costs and expenses:
  Oil and gas production            135,737     122,011     285,013     223,897
  General and administrative         10,022       6,298      19,144      11,249
  Depletion                          23,217      31,272      48,798     108,330
                                   --------    --------    --------    --------
                                    168,976     159,581     352,955     343,476
                                   --------    --------    --------    --------
Net income                        $ 169,054   $  52,245   $ 292,517   $  35,014
                                   ========    ========    ========    ========
Allocation of net income:
  Managing general partner        $   1,690   $     522   $   2,925   $     350
                                   ========    ========    ========    ========
  Limited partners                $ 167,364   $  51,723   $ 289,592   $  34,664
                                   ========    ========    ========    ========
Net income per limited
  partnership interest            $   12.94   $    4.00   $   22.39   $    2.68
                                   ========    ========    ========    ========
</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 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          $  20,665     $2,021,689     $2,042,354

    Distributions                      (3,677)      (364,045)      (367,722)

    Net income                          2,925        289,592        292,517
                                     --------      ---------      ---------

Balance at June 30, 2000            $  19,913     $1,947,236     $1,967,149
                                     ========      =========      =========

</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 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                                            $ 292,517     $  35,014
  Adjustments to reconcile net income to net
     cash provided by operating activities:
       Depletion                                           48,798       108,330
       Gain on disposition of assets                         (259)          -
  Changes in assets and liabilities:
       Accounts receivable                                 12,158       (55,299)
       Accounts payable                                    12,758        16,896
                                                         --------      --------
          Net cash provided by operating activities       365,972       104,941
                                                         --------      --------
Cash flows used in investing activities:
  Additions to oil and gas properties                      (5,524)       (7,514)
  Proceeds from asset dispositions                            259           -
                                                         --------      ------
          Net cash used in investing activities            (5,265)       (7,514)
                                                         --------      --------
Cash flows used in financing activities:
  Cash distributions to partners                         (367,722)      (81,243)
                                                         --------      --------
Net increase (decrease) in cash                            (7,015)       16,184
Cash at beginning of period                               215,801       157,782
                                                         --------      --------
Cash at end of period                                   $ 208,786     $ 173,966
                                                         ========      ========
</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 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  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 development and 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  70% to $638,135 for the six
months  ended June 30, 2000 as compared to $374,957 for the same period in 1999.
The increase in revenues resulted from higher average prices received, offset by
a decrease in production. For the six months ended June 30, 2000, 15,055 barrels
of oil, 9,352 barrels of natural gas liquids ("NGLs") and 36,489 mcf of gas were

                                        7


<PAGE>



sold, or 30,489  barrel of oil  equivalents  ("BOEs").  For the six months ended
June 30, 1999,  17,589 barrels of oil,  11,663 barrels of NGLs and 45,216 mcf of
gas were sold, or 36,788 BOEs.

The average price  received per barrel of oil increased  $15.50,  or 119%,  from
$13.00 for the six months  ended June 30,  1999 to $28.50 for the same period in
2000. The average price received per barrel of NGLs  increased  $6.95,  or 101%,
from  $6.86  during the six  months  ended June 30,  1999 to $13.81 for the same
period in 2000.  The average  price  received per mcf of gas  increased 49% from
$1.47  during the six months ended June 30, 1999 to $2.19 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 $259 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 $352,955 for the six months ended June 30,
2000 as compared to $343,476 for the same period in 1999, an increase of $9,479,
or 3%. This  increase was due to increases in  production  costs and general and
administrative expenses ("G&A"), offset by a decline in depletion.

Production  costs  were  $285,013  for the six months  ended  June 30,  2000 and
$223,897 for the same period in 1999  resulting in a $61,116  increase,  or 27%.
The increase was the result of additional  well  maintenance  costs and workover
expenses  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, 70% from $11,249 for the six months ended June 30, 1999
to $19,144 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  $48,798  for the six months  ended  June 30,  2000  compared  to
$108,330  for the same  period in 1999,  a decrease  of  $59,532,  or 55%.  This
decrease was due to an increase in proved  reserves during the period ended June
30, 2000 due to higher commodity prices and a decline in oil production of 2,534
barrels for the six months  ended June 30,  2000  compared to the same period in
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 59% to $334,067 for the three
months  ended June 30, 2000 as compared to $209,933 for the same period in 1999.
The increase in revenues resulted from higher average prices received, offset by
a decrease  in  production.  For the three  months  ended June 30,  2000,  7,177
barrels of oil, 5,284 barrels of NGLs and 20,502 mcf of gas were sold, or 15,878
BOEs.  For the three  months ended June 30, 1999,  7,934  barrels of oil,  6,797
barrels of NGLs and 24,720 mcf of gas were sold, or 18,851 BOEs.

The average price  received per barrel of oil increased  $14.69,  or 101%,  from
$14.48 for the three months ended June 30, 1999 to $29.17 for the same period in
2000.  The average price received per barrel of NGLs  increased  $5.50,  or 67%,
from $8.21  during the three  months  ended June 30, 1999 to $13.71 for the same
period in 2000.  The average  price  received per mcf of gas  increased 60% from
$1.59  during the three  months ended June 30, 1999 to $2.55 for the same period
in 2000.

Costs and Expenses:

Total costs and  expenses  increased to $168,976 for the three months ended June
30, 2000 as compared  to  $159,581  for the same period in 1999,  an increase of
$9,395,  or 6%. This increase was due to increases in production  costs and G&A,
offset by a decline in depletion.

Production  costs were  $135,737  for the three  months  ended June 30, 2000 and
$122,011 for the same period in 1999  resulting in a $13,726  increase,  or 11%.
The increase was the result of higher production taxes due to higher oil and gas
prices  and  additional  well  maintenance  costs  incurred  to  stimulate  well
production.

During this period, G&A increased,  in aggregate,  59% from $6,298 for the three
months ended June 30, 1999 to $10,022 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
sales.

Depletion  was $23,217  for the three  months  ended June 30,  2000  compared to
$31,272 for the same period in 1999, a decrease of $8,055, or 26%. This decrease
was primarily  attributable  to an increase in proved reserves during the period
ended  June  30,  2000 due to  higher  commodity  prices  and a  decline  in oil
production  of 757 barrels for the three months ended June 30, 2000  compared to
the same period in 1999.

Liquidity and Capital Resources

Net Cash Provided by Operating Activities

Net cash  provided by operating  activities  increased  $261,031  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  of  $334,180 in oil and gas sales
receipts,  offset by  increases  in  operating  costs  paid of  $61,988  and G&A
expenses paid of $11,161.

Net Cash Used in Investing Activities

The  Partnership's  principal  investing  activities during the six months ended
June 30, 2000 and 1999 included  expenditures for equipment  upgrades on various
oil and gas properties.

Proceeds from asset  dispositions  of $259 received  during the six months ended
June 30, 2000 were due to equipment credits received 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
$367,722,  of which $3,677 was  distributed to the managing  general partner and
$364,045 to the limited partners.  For the same period ended June 30, 1999, cash
distributions to the partners were $81,243, of which $812 was distributed to the
managing general partner and $80,431 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


<PAGE>


                           PARKER & PARSLEY 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 88-A, L.P.

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





Dated:  August 8, 2000             By:      /s/ Rich Dealy
                                            ------------------------------
                                            Rich Dealy, Vice President and
                                            Chief Accounting Officer

                                       11


<PAGE>