EXHIBIT 23.1





                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



As independent public accountants, we hereby consent to the incorporation of our
report  dated  February  10,1998  on the  financial  statements  of  Snyder  Oil
Corporation included in this Form 10-K, into Snyder Oil Corporation's previously
filed Registration Statement File Nos. 33-34446,  33-45213,  33-54809,  33-64219
and 333-09877.






                                                ARTHUR ANDERSEN LLP



Fort Worth, Texas,
February 27, 1998