SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                DATE OF REPORT (date of earliest event reported)

                                 APRIL 22, 1996

                               Halliburton Company
             (Exact name of registrant as specified in its charter)

State or other                      Commission                IRS Employer
jurisdiction                        File Number               Identification
of incorporation                                              Number

Delaware                              1-3492                  No. 73-0271280

                               3600 Lincoln Plaza
                             500 North Akard Street
                            Dallas, Texas 75201-3391
                    (Address of principal executive offices)

                         Registrant's telephone number,
                       including area code - 214/978-2600






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      INFORMATION TO BE INCLUDED IN REPORT

Item 5.    Other Events

      The registrant  may, at its option,  report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.

      On  April  22,  1996,   registrant  issued  a  press  release  entitled
Halliburton Reports 35 Percent Earnings Increase pertaining, among other things,
to an  announcement  that 1996 first  quarter  earnings  increased 35 percent to
$51.5  million or 45 cents per share,  compared to $38.3 million or 33 cents per
share,  in the first  quarter  of 1995.  Registrant  reported  revenues  of $1.7
billion for the first quarter of 1996, a 30 percent increase over the 1995 first
quarter revenues.

      The foregoing  summary is subject to the full text of the press release
with respect  thereto,  a copy of which is attached  hereto as Exhibit 20, which
exhibit is incorporated herein by reference.

Item 7.    Financial Statements and Exhibits

      List below the financial  statements,  pro forma financial  information
and exhibits, if any, filed as part of this report.

      (c)  Exhibits.

           Exhibit 20 - Press release dated April 22, 1996
















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                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                          HALLIBURTON COMPANY




Date:    April 25, 1996                   By: _______________________
                                                 Robert M. Kennedy
                                                 Vice President - Legal





























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                                  EXHIBIT INDEX



Exhibit                                                           Sequentially
Number                       Description                          Numbered Page

    20                       Press Release of
                             April 22, 1996                        5 of 8
                             Incorporated by Reference






























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FOR IMMEDIATE RELEASE                Contact:        Guy T. Marcus
April 22, 1996                                       Vice President-Inv. Rel.
                                                     (214) 978-2691

                HALLIBURTON REPORTS 35 PERCENT EARNINGS INCREASE

     DALLAS,  Texas -- Halliburton  Company (NYSE-HAL) today announced that 1996
first quarter earnings from continuing  operations increased 35 percent to $51.5
million or 45 cents per share,  compared to $38.3 million or 33 cents per share,
in the first quarter of 1995. The company reported  revenues of $1.7 billion for
the first  quarter of 1996, a 30 percent  increase  over the 1995 first  quarter
revenues.

     Halliburton's continuing operations include two business segments -- Energy
Services  and  Engineering  and  Construction  Services  --  and  both  reported
increased  1996 revenues and operating  income  compared to the first quarter of
the  prior  fiscal  year.  The  company's  insurance  business,   classified  as
discontinued operations,  was spun-off to Halliburton shareholders in a tax-free
distribution on January 23, 1996.

     Halliburton Energy Services' revenues climbed 17 percent from a year ago to
$663 million for the quarter,  while at the same time  operating  income rose 29
percent  to  $67.3  million.   Revenue  growth  was   attributable   to  overall

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strengthening  of the  upstream  oil  and gas  market,  the  segment's  stronger
competitive  position and benefits from  commercialization  of new technologies.
Strongest growth came from Halliburton's North America,  Europe/Africa and Latin
America regions.  Halliburton Energy Services'  operating margin for the quarter
improved to 10.1 percent  compared to 9.2 percent a year ago. The segment's 1996
first  quarter  operating  income and  operating  margin were the highest  first
quarter  financial  results in more than a decade,  reflecting a combination  of
improved   internal   operating   efficiencies  and  somewhat   stronger  market
conditions.

     For  Brown & Root,  Halliburton's  engineering  and  construction  business
segment,  revenues  increased 42 percent from a year ago to $998 million for the
1996 first quarter.  Growth was  experienced in all major  industries  served by
Brown & Root. The pulp and paper, energy, and chemicals industries significantly
contributed to the increased  revenues,  as well as a service  contract with the
U.S.  Department  of Defense to provide  technical  and  logistical  support for
military operations in Bosnia. Brown & Root's operating income also increased 42
percent to $22.3 million for the 1996 first quarter.

     Commenting on the first quarter results, Dick Cheney, Halliburton Company's
chairman of the board and chief executive officer,  stated, "Both of Halliburton
Company's  business  segments are continuing to progress in achieving  strategic
and financial objectives."

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     "Halliburton   Energy  Services  is  benefitting  from  internal  operating
efficiencies  gained in recent years and improved market  conditions in both the
United States and international areas."

     "Brown & Root is now  benefitting  from a growing firm order  backlog,which
reached just over $5.0 billion at March 31, 1996, an increase of 23 percent from
a year ago. Much of the new backlog is represented by large multi-year  projects
in  international  areas,  and  the  projects  are  now  generating  incremental
revenues.  We expect that these projects will lead to increased operating income
as the projects mature."

     "The strong Halliburton Company first quarter start gives us
optimism for significant 1996 full-year progress."

     Halliburton  Company  is one  of the  world's  largest  diversified  energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton  provides a broad range of energy services and products,  industrial
and marine engineering and construction services.

                                      # # #




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HALLIBURTON COMPANY Three Months Ended March 31 ----------- ----------- 1996 1995 ----------- ----------- Millions of dollars except per share data Revenues Energy services $ 663.3 $ 569.0 Engineering and construction services 998.1 704.9 ----------- ----------- Total revenues $ 1,661.4 $ 1,273.9 =========== =========== Operating income Energy services $ 67.3 $ 52.3 Engineering and construction services 22.3 15.7 General corporate (8.8) (6.3) ----------- ----------- Total operating income 80.8 61.7 Interest expense (4.9) (12.8) Interest income 3.0 8.5 Foreign currency gains 1.0 4.7 Other nonoperating income, net 0.5 0.1 ----------- ----------- Income from continuing operations before income taxes and minority interest 80.4 62.2 Provision for income taxes (29.0) (23.8) Minority interest 0.1 (0.1) ----------- ----------- Income from continuing operations 51.5 38.3 Income from discontinued operations, net of income taxes - 0.8 ----------- ----------- Net income $ 51.5 $ 39.1 =========== =========== Income per share:* Continuing operations $ 0.45 $ 0.33 Discontinued operations - 0.01 Net income 0.45 0.34 Average common and common share equivalents outstanding 115.4 114.3 * Per share amounts are based upon average number of common and common share equivalents outstanding.
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