FOR IMMEDIATE RELEASE               Contact - Guy T. Marcus
January 6, 1995                     Vice President-Inv. Rel.
                                    (214) 978-2691

               HALLIBURTON OUTSOURCING CONTRACTS
             FOR INFORMATION TECHNOLOGY REQUIREMENTS

     DALLAS, Texas -- Halliburton Company (NYSE:HAL) announced
today that its Halliburton Energy Services business segment has
entered into contracts with three firms to outsource
substantially all its information technology requirements.  The
contracts are for a ten-year period and represent estimated
expenditures of $500 million over the life of the contracts.

     Andersen Consulting has been selected for the applications
maintenance function contract.  I-Net, Inc. has been chosen to
manage the desktops, local area network and global
telecommunications network services.  The data center functional
area has been outsourced to Power Computing Company.

     Thomas H. Cruikshank, chairman of the board and chief
executive officer of Halliburton Company, said, "Halliburton
Energy Services has entered into the contracts for the purpose
of obtaining a combination of lower costs while enhancing
information technology services.  The three companies
are industry leaders in the areas of expertise for which they
were selected.  Halliburton Energy Services will retain overall
information technology management and engineering systems
responsibilities."

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     Halliburton Company is one of the world's largest
diversified energy services, engineering, maintenance, and
construction companies.  Founded in 1919, Halliburton provides a
broad range of energy services and products, industrial and
marine engineering and construction services, and property and
casualty insurance services.

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