<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the
Halliburton Company condensed consolidated financial statements for the
quarterly period ended September 30, 1994, and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                             174
<SECURITIES>                                       648
<RECEIVABLES>                                    1,505
<ALLOWANCES>                                         0
<INVENTORY>                                        319
<CURRENT-ASSETS>                                     0
<PP&E>                                           1,107
<DEPRECIATION>                                   2,510
<TOTAL-ASSETS>                                   5,161
<CURRENT-LIABILITIES>                                0
<BONDS>                                            642
<COMMON>                                           298
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                       1,550
<TOTAL-LIABILITY-AND-EQUITY>                     5,161
<SALES>                                              0
<TOTAL-REVENUES>                                 4,207
<CGS>                                                0
<TOTAL-COSTS>                                    3,930
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  34
<INCOME-PRETAX>                                     84
<INCOME-TAX>                                        34
<INCOME-CONTINUING>                                 50
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        50
<EPS-PRIMARY>                                      .44
<EPS-DILUTED>                                      .50