EXHIBIT 23.3
 
                   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 and to all references to our firm included in
this registration statement.
 
Arthur Andersen LLP
Dallas, Texas
   
May 15, 1998