SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

              Current Report Pursuant to Section 13 or 15(d) of
                           The Securities Act of 1934

Date of Report (Date of earliest event reported):


             Dyco Oil and Gas Program 1979-2 (a Limited Partnership)
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             (Exact name of Registrant as specified in its Articles)


   Oklahoma            33-10346-08                  41-1358015
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(State of other         (Commission             (I.R.S. Employer
jurisdiction of           File No.)              Identification)
incorporation or
organization)

                Two West Second Street, Tulsa, Oklahoma 74103
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             (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:(918)583-1791

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ITEM 5:     OTHER EVENTS

         Effective October 31, 2002, the Dyco Oil and Gas Program 1979-2 (a
Limited Partnership) (the "Program") was terminated pursuant to the terms of the
limited partnership agreement governing the Program (the "Agreement") and the
Minnesota Revised Limited Partnership Act. A notice of the General Partner's,
Dyco Petroleum Corporation ("Dyco"), intent to terminate the Program, effective
October 31, 2002, was mailed to all limited partners pursuant to the Agreement
on July 31, 2002. Certificates of Cancellation terminating the Program were
filed with the Minnesota Secretary of State on October 31, 2002.

         A description of the terms of the termination of the Program was
included in the Quarterly Report on Form 10-Q for the Program filed with the
Securities and Exchange Commission (the "SEC") on August 5, 2002. It is
currently anticipated that certain of the Program's properties will be sold at
auction in December 2002 with the remaining properties sold at auctions during
the first quarter of 2003. A partial liquidating distribution is expected to be
made to limited partners in December 2002 with the final liquidating
distribution made in the second quarter of 2003.

         Immediately following the filing of this Form 8-K, the Program will
file a Form 15 deregistering the Program with the SEC.


                                   SIGNATURES

         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 hereunto duly authorized.

                              DYCO OIL AND GAS PROGRAM 1979-2
                              (a Limited Partnership)
                              By:   Dyco Petroleum Corporation
                                    General Partner and
                                    Partnership Liquidator

                                   //s// Dennis R. Neill
                              -----------------------------------
                                    Dennis R. Neill
                                    President
DATE:  October 31, 2002


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