8-K

               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549



                            FORM 8-K

                         CURRENT REPORT




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




Date of earliest event reported:  February 1, 1994                
                          

                        K N ENERGY, INC.                     
__________________________________________________________________

      (Exact name of registrant as specified in its charter)


 

      Kansas                 1-6446                 48-0290000   
__________________________________________________________________
(State or other           (Commission           (IRS Employer
jurisdiction of           File Number)        Identification No.)
incorporation)



 370 Van Gordon Street, P.O. Box 281304, Lakewood, CO 80228-8304
__________________________________________________________________
     (Address of principal executive offices)    (Zip Code)



Registrant's telephone number, include area code: (303) 989-1740



Item 5:   Other Events
______    ____________

With respect to the acquisition by two subsidiaries of K N
Energy, Inc. of certain gas reserves and production assets of
Fuel Resources Development Co., reference is hereby made to the
press release dated February 1, 1994 which is filed herewith as
an exhibit and incorporated herein by this reference.

Item 7.   Financial Statements, Pro-Forma Financial Information
______    _____________________________________________________
     and Exhibits
     ____________

     (a)  Financial Statements - None

     (b)  Pro-Forma Financial Statements - None

     (c)  Exhibits

               1.1  Press release dated February 1, 1994

                          _____________
                          EXHIBIT INDEX
                          _____________


Exhibit
Number                    Exhibit Description            Page    
______                    ___________________            ____
Page
____

  1.1          Press Release dated February 1, 1994        4

  


                                
                            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.

                                   K N ENERGY, INC.



                                By:/s/ William S. Garner, Jr.
                                   ___________________________
                                   William S. Garner, Jr.
                                   Vice President, General Counsel
                                   and Secretary

Date:  February 3, 1994

EX-99

EXHIBIT 1.1

  K N ENERGY SUBSIDIARIES COMPLETE ACQUISITION OF GAS RESERVES 

Lakewood, CO - K N Energy, Inc. (NYSE - KNE) today announced that
K N's gas reserves development subsidiaries, K N Production
Company and GASCO, Inc., have finalized the previously disclosed
acquisition of a substantial portion of the gas reserves and
production of Fuel Resources Development Co. (Fuelco), a
subsidiary of Public Service Co. of Colorado.

This acquisition further positions K N Energy to benefit from
development of natural gas reserves and related gas gathering and
processing in the Rocky Mountain region and is an additional step
in the Company's strategic growth focus on natural gas business
opportunities. 

The properties are located near existing K N operations in
western Colorado and in the Moxa Arch region of southwestern
Wyoming, both prolific natural gas areas.  Total net reserves are
approximately 50 billion cubic feet equivalent of natural gas,
approximately 90 percent of which is gas.  No purchase price has
been disclosed.

K N Energy, with operations in seven states, supplies natural gas
to residential, commercial, industrial and agricultural customers
through three pipeline systems.  Principal operations serve over
340 communities and 230,000 direct customers in Colorado, Kansas,
Nebraska and Wyoming.  Operating one of the 10 longest natural
gas pipeline systems in the United States, K N Energy has annual
sales exceeding $470 million and assets of approximately $640
million.
                             - END -


Release Date:  Immediate Release - Tuesday, February 1, 1994
Contact:       Dick Buxton or Dave Loiseau  - (303) 989-1740