<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Swift Energy
Managed Pension Assets Partnership 1988-2 LTD.'s balance sheet and statement of
operations contained in its Form 10-Q for the quarter ended June 30, 1996.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          69,373
<SECURITIES>                                         0
<RECEIVABLES>                                   97,254
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               166,254
<PP&E>                                       1,602,392
<DEPRECIATION>                             (1,120,970)
<TOTAL-ASSETS>                                 618,049
<CURRENT-LIABILITIES>                            2,333
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     645,716
<TOTAL-LIABILITY-AND-EQUITY>                   648,049
<SALES>                                        101,126
<TOTAL-REVENUES>                               101,599
<CGS>                                                0
<TOTAL-COSTS>                                   35,790<F1>
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 52,161
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             52,161
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    52,161
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>Includes lease operating expenses, production taxes and depreciation depletion
and amortization expense. Excludes general and administrative and interest 
expense.
</FN>