Exhibit 23.1


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


As independent  public accountants,  we hereby  consent to the incorporation by
reference in this registration statement  of our reports dated January 22, 1998,
except with respect to the matter  discussed in Note 17, as to which the date is
February 26, 1998,  included in  Halliburton  Company's Form 10-K/A for the year
ended December 31, 1997.


                                       ARTHUR ANDERSEN LLP



Dallas, Texas
June 1, 1998