Pricing Supplement No. 1 dated November 5, 1996 Rule 424(b)(2)
(To Prospectus dated November 18, 1994 and File No. 33-86310
Prospectus Supplement dated May 31, 1995)
VASTAR RESOURCES, INC.
Medium-Term Notes, Series A
______________________________________________________________________________
CUSIP: 92238P AA 3
Principal Amount: $75,000,000 Interest Rate: 6.95% per annum
Price to Public: Stated Maturity: November 8, 2006
[X] 100% of Principal Amount Trade Date: November 5, 1996
[ ] Varying prices relating to Original Issue Date: November 8,1996
prevailing market prices at Net Proceeds to Issuer: $74,531,250
the time of Sale Agent's Discount or Commission: 0.625%
______________________________________________________________________________
Interest Payment Dates: June 15 and December 15 of each year,
commencing December 15, 1996.
Day Count Convention:
[X] 30/360 for the period from Original Issue to Stated Maturity Date.
[ ] Actual/360 for the period from to
[ ] Actual/Actual for the period from to
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity, except
as set forth in the Prospectus and Prospectus Supplement.
[ ] The Notes may be redeemed prior to the Stated Maturity.
Initial Redemption Date: N/A
Initial Redemption Percentage: N/A
Annual Redemption Percentage Reduction: N/A
Optional Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity, except
as set forth in the Prospectus and Prospectus Supplement.
[ ] The Notes can be repaid prior to the Stated Maturity at the
option of the holder of the Notes.
Optional Repayment Dates(s): N/A
Repayment Price: N/A
Currency: U.S. dollars.
Original Issue Discount: [ ]Yes [X]No
Total Amount of OID: N/A
Yield to Maturity: N/A
Initial Accrual Period: N/A
Repurchase Price, if any: N/A
Form: [X] Book-Entry [ ] Certificated
________________________
X Merrill Lynch & Co. X Lehman Brothers X Morgan Stanley & Co. Incorporated
___ ___ ___
(as to $20,000,000) (as to $35,000,000) (as to $20,000,000)
