FOR IMMEDIATE RELEASE      CONTACT:  Wendy Hall
March 19, 2002                       Halliburton, Public Relations
                                     (713) 676-5227
                                     wendy.hall@halliburton.com

                                     Cedric Burgher
                                     Halliburton, Investor Relations
                                     (713) 676-4608
                                     cedric.burgher@halliburton.com


           JOHN GIBSON NAMED PRESIDENT OF HALLIBURTON ENERGY SERVICES

DALLAS, Texas - Dave Lesar, chairman of the board, president and chief executive
officer of Halliburton  (NYSE:  HAL),  announces the appointment of John Gibson,
44, as president of the company's Halliburton Energy Services business unit.
     With more than 20 years  experience  in the energy  services  business  and
eight years with the Halliburton organization,  Gibson succeeds Jody Powers, who
has retired from the Company. Gibson has held numerous management positions with
Halliburton's   Landmark  Graphics  business  unit  including,   most  recently,
president and chief executive officer.
     "John's  extensive  experience in E&P technology and business  development,
along with his  knowledge  of the global  marketplace  provides him with a solid
track record for this position,"  said Lesar. "I believe that John's  leadership
will add to Halliburton's vision of being a real-time knowledge company."
     In the role of president  and CEO for Landmark  Graphics,  Gibson  provided
leadership  for  many of  Landmark's  strategic  relationships  with  technology
partners and has been  instrumental  in the  identification  and  acquisition of
essential  technologies for rapidly deploying  innovations and technology within
the Landmark  suite of services.  Landmark  Graphics is the leading  supplier of
software and services for the upstream oil and gas industry.


     Prior to joining  Landmark  Graphics,  Gibson  worked at Chevron in various
roles including the manager of geophysical and geological subsurface imaging for
Chevron's  Oil Field  Research  Company.  His  career in oil and gas began as an
exploration geophysicist for Gulf Oil Company.
     Gibson is a member of the American Association of Petroleum Geologists, the
Society of Exploration  Geophysicists and the Geological Society of America.  In
addition,  he is a member of the Board of Directors for Parker Drilling  Company
(POSC) and serves on the Board of Trustees of the Houston Grand Opera.
     Halliburton  Energy Services provides  products,  services,  and integrated
solutions for oil and gas exploration, development, and production. Capabilities
range from initial evaluation of producing  formations to drilling,  completion,
stimulation,  and well maintenance - for a single well or an entire field.  With
more than 300 service centers in more than 90 countries,  Halliburton  possesses
the global perspective that is increasingly important for energy exploration and
production.
     Halliburton,  founded in 1919, is one of the world's  largest  providers of
products and services to the petroleum and energy industries. The company serves
its  customers  with a broad range of products and  services  through its Energy
Services Group and Engineering and  Construction  Group business  segments.  The
company's World Wide Web site can be accessed at www.halliburton.com.

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