<ARTICLE>                     5
<LEGEND>
The schedule contains summary financial information extracted from the
Halliburton Company consolidated financial statements for the six months ended
June 30, 1998, and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<MULTIPLIER>                                 1,000,000
<CURRENCY>                                U.S. Dollars
       
                                        
<PERIOD-TYPE>                                    6-mos
<FISCAL-YEAR-END>                          Dec-31-1998
<PERIOD-START>                             Jan-01-1998
<PERIOD-END>                               Jun-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                             145
<SECURITIES>                                         0
<RECEIVABLES>                                    2,543
<ALLOWANCES>                                         0
<INVENTORY>                                        394
<CURRENT-ASSETS>                                 3,333
<PP&E>                                           4,187
<DEPRECIATION>                                   2,372
<TOTAL-ASSETS>                                   6,186
<CURRENT-LIABILITIES>                            2,145
<BONDS>                                            525
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           674
<OTHER-SE>                                       2,122
<TOTAL-LIABILITY-AND-EQUITY>                     6,186
<SALES>                                              0
<TOTAL-REVENUES>                                 4,831
<CGS>                                                0
<TOTAL-COSTS>                                    4,266
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  24
<INCOME-PRETAX>                                    427
<INCOME-TAX>                                       165
<INCOME-CONTINUING>                                254
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       254
<EPS-PRIMARY>                                     0.97
<EPS-DILUTED>                                     0.95