SECURITIES AND EXCHANGE COMMISSION

                               Washington, D.C.




                                   FORM 8-K

                                CURRENT REPORT




                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934




               Date of Report (Date of earliest event reported)
                               December 30, 1994




                           Enserch Exploration, Inc.
                   (formerly New Enserch Exploration, Inc.)
            (Exact name of Registrant as specified in its charter)




     Texas                      1-11413                   75-2556975
(State or other               (Commission              (I.R.S. Employer
jurisdiction of               File Number)            Identification No.)
 incorporation)




4849 Greenville Avenue, Suite 1500                                     75206  
Address of principal executive offices)                             (Zip Code)





Registrant's telephone number, including Area Code:               214-987-7878





ITEM 2.  Acquisition or Disposition of Assets

      On December 30, 1994, the reorganization of Enserch
Exploration Partners, Ltd. ("EP") into a corporation was concluded
and EP was liquidated, all as described in the
Prospectus/Information Statement of New Enserch Exploration, Inc.
and EP dated December 9, 1994, which formed a part of the Company's
registration statement on Form S-4 (No. 33-56792) under the
Securities Act of 1933, as amended ("Prospectus/Information
Statement"), and which Prospectus/Information Statement is
incorporated herein by reference.  On December 30, 1994, the name
of New Enserch Exploration, Inc. was changed to Enserch
Exploration, Inc.

      The following News Release was issued on January 3, 1995:

      ENSERCH EXPLORATION PARTNERS, LTD.
      CONVERTED TO ENSERCH EXPLORATION, INC.

            DALLAS, TEXAS (January 3, 1995)--ENSERCH Corporation
      announces that the reorganization of Enserch Exploration
      Partners, Ltd. into a corporate entity was completed on
      December 30, 1994.  Unitholders of Enserch Exploration
      Partners, Ltd. will receive one share of common stock in
      the new corporation for each partnership unit held upon
      delivery of the units to the exchange agent, Harris Trust
      Company of New York.

            Enserch Exploration, Inc. begins trading today on
      the New York Stock Exchange under the symbol EEX.

Item 7.  Financial Statements and Exhibits

      (a)   Financial Statements of businesses acquired.

            (1)   Included in the Prospectus/Information Statement
                  incorporated herein by reference.

      (b)   Pro forma financial information.

            (1)   Included in the Prospectus/Information Statement
                  incorporated herein by reference.

      (c)   Exhibits

                3       Restated Articles of Incorporation of
                        Registrant, as currently in effect.







                                   SIGNATURE

      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.

                                    Enserch Exploration, Inc.



Date:  January 6, 1995              By    /s/ J. W. Pinkerton
                                          -------------------------------
                                          J. W. Pinkerton,
                                          Vice President