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 September 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 September 30, 2000 and
               December 31, 1999...................................    3

            Statements of Operations for the three and nine
              months ended September 30, 2000 and 1999.............    4

            Statement of Partners' Capital for the nine months
              ended September 30, 2000.............................    5

            Statements of Cash Flows for the nine months ended
              September 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 88-A, L.P.
                        (A Delaware Limited Partnership)

                          Part I. Financial Information


Item 1.      Financial Statements
<TABLE>
                                 BALANCE SHEETS
<CAPTION>
                                                  September 30,    December 31,
                                                      2000             1999
                                                  ------------     ------------
                                                  (Unaudited)
                 ASSETS
<S>                                               <C>              <C>

Current assets:
   Cash                                           $    221,483     $    215,801
   Accounts receivable - oil and gas sales             198,964          177,635
                                                   -----------      -----------
          Total current assets                         420,447          393,436
                                                   -----------      -----------
Oil and gas properties - at cost, based on the
   successful efforts accounting method             10,111,888       10,102,308
Accumulated depletion                               (8,510,056)      (8,430,381)
                                                   -----------      -----------
          Net oil and gas properties                 1,601,832        1,671,927
                                                   -----------      -----------
                                                  $  2,022,279     $  2,065,363
                                                   ===========      ===========
LIABILITIES AND PARTNERS' CAPITAL

Current liabilities:
   Accounts payable - affiliate                   $     45,112     $     23,009

Partners' capital:
   Managing general partner                             20,013           20,665
   Limited partners (12,935 interests)               1,957,154        2,021,689
                                                   -----------      -----------
                                                     1,977,167        2,042,354
                                                   -----------      -----------
                                                  $  2,022,279     $  2,065,363
                                                   ===========      ===========
</TABLE>




The financial information included as of September 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>
<CAPTION>

                                     Three months ended             Nine months ended
                                        September 30,                  September 30,
                                  -------------------------      -------------------------
                                     2000            1999           2000            1999
                                  ---------       ---------      ----------      ---------
<S>                               <C>             <C>            <C>             <C>
Revenues:
  Oil and gas                     $ 404,891       $ 279,116      $1,043,026      $ 654,073
  Interest                            4,613           2,462          11,691          5,995
  Gain on disposition of assets         -               -               259            -
                                   --------        --------       ---------       --------
                                    409,504         281,578       1,054,976        660,068
                                   --------        --------       ---------       --------
Costs and expenses:
  Oil and gas production            130,098         109,002         415,111        332,899
  General and administrative         12,147           8,373          31,291         19,622
  Depletion                          30,877          28,419          79,675        136,749
                                   --------        --------       ---------       --------
                                    173,122         145,794         526,077        489,270
                                   --------        --------       ---------       --------
Net income                        $ 236,382       $ 135,784      $  528,899      $ 170,798
                                   ========        ========       =========       ========
Allocation of net income:
  Managing general partner        $   2,364       $   1,358      $    5,289      $   1,708
                                   ========        ========       =========       ========
  Limited partners                $ 234,018       $ 134,426      $  523,610      $ 169,090
                                   ========        ========       =========       ========
Net income per limited
  partnership interest            $   18.09       $   10.39      $    40.48      $   13.07
                                   ========        ========       =========       ========
</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>
<CAPTION>

                                        Managing
                                        general      Limited
                                        partner      partners       Total
                                       ---------    ----------    ----------
<S>                                    <C>          <C>           <C>


Balance at January 1, 2000             $  20,665    $2,021,689    $2,042,354

    Distributions                         (5,941)     (588,145)     (594,086)

    Net income                             5,289       523,610       528,899
                                        --------     ---------     ---------

Balance at September 30, 2000          $  20,013    $1,957,154    $1,977,167
                                        ========     =========     =========
</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>
<CAPTION>
                                                          Nine months ended
                                                             September 30,
                                                       ------------------------
                                                          2000          1999
                                                       ----------    ----------
<S>                                                    <C>           <C>
Cash flows from operating activities:
  Net income                                           $  528,899    $  170,798
  Adjustments to reconcile net income to net
    cash provided by operating activities:
       Depletion                                           79,675       136,749
       Gain on disposition of assets                         (259)          -
  Changes in assets and liabilities:
    Accounts receivable                                   (21,329)      (92,928)
    Accounts payable                                       22,103        20,141
                                                        ---------     ---------
          Net cash provided by operating activities       609,089       234,760
                                                        ---------     ---------
Cash flows from investing activities:
  Additions to oil and gas properties                      (9,580)       (9,812)
  Proceeds from asset dispositions                            259           -
                                                        ---------     ---------
          Net cash used in investing activities            (9,321)       (9,812)
                                                        ---------     ---------
Cash flows used in financing activities:
  Cash distributions to partners                         (594,086)     (185,393)
                                                        ---------     ---------
Net increase in cash                                        5,682        39,555
Cash at beginning of period                               215,801       157,782
                                                        ---------     ---------
Cash at end of period                                  $  221,483    $  197,337
                                                        =========     =========
</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
                               September 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  September  30, 2000 and for the three and nine months  ended
September 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 September 30, 1999 financial  statements to conform to
the September 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

Nine months ended  September 30, 2000 compared with nine months ended  September
  30, 1999

Revenues:

The Partnership's oil and gas revenues  increased 59% to $1,043,026 for the nine
months ended  September  30, 2000 as compared to $654,073 for the same period in
1999. The increase in revenues resulted  from higher  average  prices  received,

                                        7

<PAGE>



offset by a decrease in  production.  For the nine months  ended  September  30,
2000,  24,596 barrels of oil, 13,677 barrels of natural gas liquids ("NGLs") and
56,955 mcf of gas were sold, or 47,766 barrel of oil equivalents  ("BOEs").  For
the nine months ended September 30, 1999,  25,910 barrels of oil, 18,438 barrels
of NGLs and 71,051 mcf of gas were sold, or 56,190 BOEs.

The average  price  received per barrel of oil  increased  $13.30,  or 89%, from
$15.00  for the nine  months  ended  September  30,  1999 to $28.30 for the same
period in 2000. The average price  received per barrel of NGLs increased  $6.35,
or 78%, from $8.13 during the nine months ended September 30, 1999 to $14.48 for
the same period in 2000. The average price received per mcf of gas increased 62%
from $1.62 during the nine months ended September 30, 1999 to $2.62 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 nine months ended September 30, 2000.

Gain on  disposition  of assets of $259 was  recognized  during the nine  months
ended September 30, 2000 resulting from equipment credits received on one well.

Costs and Expenses:

Total  costs and  expenses  increased  to  $526,077  for the nine  months  ended
September  30,  2000 as compared  to  $489,270  for the same period in 1999,  an
increase of $36,807,  or 8%. 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 $415,111 for the nine months ended September 30, 2000 and
$332,899  for the same period in 1999  resulting  in an increase of $82,212,  or
25%. The increase was  primarily  due to additional  well  maintenance  costs of
$39,880  incurred to stimulate well  production and higher  production  taxes of
$30,607 associated with 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,  59%, from $19,622 for the nine months ended September
30,  1999 to  $31,291  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 $79,675 for the nine months ended  September 30, 2000 compared to
$136,749  for the same period in 1999,  representing  a decrease of $57,074,  or
42%.  This  decrease  was the result of an  increase in proved  reserves  due to
higher  commodity  prices and a decline in oil  production of 1,314 barrels when
compared to the respective information for the same period in 1999.


                                        8

<PAGE>



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

Revenues:

The Partnership's  oil and gas revenues  increased 45% to $404,891 for the three
months ended  September  30, 2000 as compared to $279,116 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  September  30,
2000,  9,541  barrels of oil,  4,325  barrels of NGLs and 20,466 mcf of gas were
sold,  or 17,277  BOEs.  For the three months ended  September  30, 1999,  8,321
barrels of oil, 6,775 barrels of NGLs and 25,835 mcf of gas were sold, or 19,402
BOEs.

The average  price  received per barrel of oil  increased  $8.74,  or 45%,  from
$19.24 for the three  months  ended  September  30,  1999 to $27.98 for the same
period in 2000. The average price  received per barrel of NGLs increased  $5.59,
or 54%, from $10.33  during the three months ended  September 30, 1999 to $15.92
for the same period in 2000. The average price received per mcf of gas increased
78% from $1.90 during the three months ended September 30, 1999 to $3.38 for the
same period in 2000.

Costs and Expenses:

Total costs and  expenses  increased  to  $173,122  for the three  months  ended
September  30,  2000 as compared  to  $145,794  for the same period in 1999,  an
increase of $27,328,  or 19%.  This  increase was due to increases in production
costs, G&A and depletion.

Production costs were $130,098 for the three months ended September 30, 2000 and
$109,002 for the same period in 1999,  resulting in a $21,096 increase,  or 19%.
The increase was primarily due to higher production taxes of $11,564  associated
with higher oil and gas prices and additional well  maintenance  costs of $1,229
incurred to stimulate well production.

During this period, G&A increased,  in aggregate,  45% from $8,373 for the three
months ended  September 30, 1999 to $12,147 for the same period in 2000 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 $30,877 for the three months ended  September 30, 2000 compared to
$28,419 for the same period in 1999,  representing an increase of $2,458, or 9%.
This increase was due to an increase in oil  production of 1,220 barrels for the
three  months  ended  September  30,  2000  compared to the same period in 1999,
offset by an increase in proved  reserves  during the period ended September 30,
2000 compared to the same period in 1999 as a result of higher commodity prices.

Liquidity and Capital Resources

Net Cash Provided by Operating Activities

Net cash provided by operating  activities  increased  $374,329  during the nine
months ended  September 30, 2000 from the same period ended  September 30, 1999.


                                        9

<PAGE>



This increase was due to an increase in oil and gas sales  receipts of $466,248,
offset by increases in production costs paid of $75,574 and G&A expenses paid of
$16,345.

Net Cash Used in Investing Activities

The Partnership's  principal  investing  activities during the nine months ended
September 30, 2000 and 1999 included  expenditures related to equipment upgrades
on various oil and gas properties.

Proceeds from asset  dispositions  of $259 received during the nine months ended
September 30, 2000 were due to equipment credits received on one well.

Net Cash Used in Financing Activities

For the nine months ended September 30, 2000, cash distributions to the partners
were $594,086,  of which $5,941 was distributed to the managing  general partner
and $588,145 to the limited  partners.  For the same period ended  September 30,
1999,  cash  distributions  to the partners were  $185,393,  of which $1,854 was
distributed  to the  managing  general  partner  and  $183,539  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:  November 13, 2000          By:      /s/ Rich Dealy
                                            ----------------------------------
                                            Rich Dealy, Vice President and
                                              Chief Accounting Officer



                                       11

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