EXHIBIT 23.2
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
  As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement on Form S-3 of our report, dated
January 22, 1997 included in Halliburton Company's Form 10-K for the year
ended December 31, 1996 and to all references to our firm included in this
registration statement.
 
                                                /s/ Arthur Andersen LLP
                                              ARTHUR ANDERSEN LLP
 
August 1, 1997
Dallas, Texas