<ARTICLE>                     5
<LEGEND>
The  schedule   contains  summary  financial  information   extracted  from  the
Halliburton  Company consolidated  financial statements  for the  twelve  months
ended December 31, 1998, and is qualified in  its entirety by  reference to such
financial statements.
</LEGEND>
<MULTIPLIER>                                   1,000,000
<CURRENCY>                                     USD
       
                                            
<PERIOD-TYPE>                                  12-mos
<FISCAL-YEAR-END>                              Dec-31-1998
<PERIOD-START>                                  Jan-1-1998
<PERIOD-END>                                   Dec-31-1998
<EXCHANGE-RATE>                                          1
<CASH>                                                 203
<SECURITIES>                                             0
<RECEIVABLES>                                        3,937
<ALLOWANCES>                                            77
<INVENTORY>                                          1,302
<CURRENT-ASSETS>                                     6,083
<PP&E>                                               6,850
<DEPRECIATION>                                       3,929
<TOTAL-ASSETS>                                      11,112
<CURRENT-LIABILITIES>                                4,004
<BONDS>                                              1,370
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                             1,115
<OTHER-SE>                                           2,947
<TOTAL-LIABILITY-AND-EQUITY>                        11,112
<SALES>                                              5,070
<TOTAL-REVENUES>                                    17,353
<CGS>                                                4,318
<TOTAL-COSTS>                                       16,357
<OTHER-EXPENSES>                                         0
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                     137
<INCOME-PRETAX>                                        279
<INCOME-TAX>                                           244
<INCOME-CONTINUING>                                   (15)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                          (15)
<EPS-PRIMARY>                                       (0.03)
<EPS-DILUTED>                                       (0.03)