UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   ----------

                                    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): January 21, 2003


                                COHO ENERGY, INC.
                            (Exact name of registrant
                          as specified in its charter)


<Table>
                                                                  
               TEXAS                            0-22576                    75-2488635
    (State or other jurisdiction              (Commission                 (IRS Employer
         of incorporation)                    File Number)              Identification No.)
</Table>


               14755 PRESTON ROAD, SUITE 800, DALLAS, TEXAS 75254
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (972) 774-8300






ITEM 5. OTHER EVENTS

         See the Monthly Operating Report for the period ended December 31, 2002
as filed with the United States Bankruptcy Court attached as Exhibit 99.1.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

EXHIBIT 99.1 Monthly Operating Report filed with the United States Bankruptcy
Court for the period ended December 31, 2002.



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                                    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.


                                          Coho Energy, Inc.



Date: January 22, 2003                    By:      /s/ Susan J. McAden
                                             -----------------------------------
                                              Susan J. McAden
                                              Chief Accounting Officer
                                              and Controller



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                                INDEX TO EXHIBITS


<Table>
<Caption>
EXHIBIT #                                   DESCRIPTION
- ---------                                   -----------
                        
99.1                       Monthly Operating Report filed with the United States
                           Bankruptcy Court for the period ended December 31,
                           2002.
</Table>






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