SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                DATE OF REPORT (date of earliest event reported)

                                DECEMBER 26, 1995

                               Halliburton Company
             (Exact name of registrant as specified in its charter)

State or other                   Commission                IRS Employer
jurisdiction                     File Number               Identification
of incorporation                                           Number

Delaware                           1-3492                  No. 73-0271280

                               3600 Lincoln Plaza
                             500 North Akard Street
                            Dallas, Texas 75201-3391
                    (Address of principal executive offices)

                         Registrant's telephone number,
                       including area code - 214/978-2600







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                      INFORMATION TO BE INCLUDED IN REPORT

Item 5.  Other Events

         The registrant  may, at its option,  report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.

         On December 26, 1995,  the registrant  issued a press release  entitled
Highlands  Insurance  Record and  Distribution  Dates,  pertaining,  among other
things,  to an announcement  that registrant will distribute to its shareholders
of record at the close of  business  on January 4, 1996 a dividend of one common
share of its Highlands  Insurance Group, Inc. subsidiary for every ten shares of
Halliburton  common stock owned.  The  Distribution/Mail  Date of the  Highlands
common  stock will be January 23,  1996.  Highlands  will become an  independent
public company  following the spin-off and its shares will trade on the New York
Stock  Exchange with the ticker  symbol  "HIC".  The spin-off will be a tax free
distribution.  Fractional  shares  will not be  issued  in  connection  with the
distribution.

         The foregoing  summary is subject to the full text of the press release
with respect  thereto,  a copy of which is attached  hereto as Exhibit 20, which
exhibit is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits

         List below the financial  statements,  pro forma financial  information
and exhibits, if any, filed as part of this report.

         (c)      Exhibits.

                  Exhibit 20 - Press release dated December 26, 1995














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                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                      HALLIBURTON COMPANY




Date:    December 28, 1995            By: _______________________
                                            Susan S. Keith
                                            Vice President
                                            Secretary and Corporate Counsel






























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                                  EXHIBIT INDEX



Exhibit                                             Sequentially
Number                  Description                 Numbered Page

  20                    Press Release of
                        December 26, 1995               5 of 6
                        Incorporated by Reference



































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