EXHIBIT 23.2



            CONSENT OF INDEPENDENT PETROLEUM ENGINEERS AND GEOLOGISTS



       As independent oil and gas consultants,  Netherland, Sewell & Associates,
Inc.  hereby  consents to (a) the use of our audit letter  prepared for Parker &
Parsley Petroleum Company ("Parker & Parsley")  effective December 31, 1996, and
(b) all  references to our firm included in or made a part of Parker & Parsley's
annual report on Form 10-K for the year ended December 31, 1996.


                                          NETHERLAND, SEWELL & ASSOCIATES, INC.




                                          G.  Lance Binder
                                          Senior Vice President


Dallas, Texas
March 7, 1997


                                        6