Internal magnetic field measurements are used to study the reconnection process near the ends of a low‐compression field‐reversed theta pinch. The measurements indicate that the addition of independently driven magnetic mirror coils at the ends are effective in inducing rapid reconnection and in minimizing plasma losses out the ends. Fast reconnection leading to the formation of a chain of magnetic islands along the length of the coil is observed on a time scale of a 100 nsec. These islands coalesce on a time scale of 1–2 &mgr;sec. Measured values of the resistivity are two orders of magnitude greater than classical during the implosion phase. The resistivity during the equilibrium phase is four times the classical value. Axial contraction and then=2 rotational instability are not observed to occur in these experiments. Sudden termination of the configurations is thought to be caused by rapid loss of the internal field. This flux dissipation may be a consequence of electron cooling by the crossing of a radiation barrier. An oxygen impurity concentration of 2% is enough to account for the power dissipated during the collapse.