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)

                                JANUARY 22, 1997

                               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. 75-2677995

                               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  January  22,  1997,  registrant  issued  a press  release  entitled
Halliburton Fourth Quarter Up 37 Percent  pertaining,  among other things, to an
announcement  that registrant  reported 1996 fourth quarter net income of $107.6
million  ($.85 per share),  an  increase  of 37 percent  compared to 1995 fourth
quarter  results.  Total 1996 fourth  quarter  revenues  were $2.0  billion,  25
percent  higher than the 1995 quarter.  Registrant's  1996 net income was $300.4
million ($2.38 per share) compared to 1995 earnings of $183.7 million ($1.47 per
share), and 1996 revenues were $7.4 billion,  an increase of 26 percent compared
to 1995 revenues.

         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 January 22, 1997.













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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:  January 22, 1997                  By:  /s/ Susan S. Keith
                                             --------------------------
                                                  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
                               January 22, 1997                     5 of 9
                               Incorporated by Reference






























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