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)

                          JANUARY 30, 1995

                        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 January 30, 1995, the registrant issued a press
release entitled Brown & Root Wins Multi-Million Polypropylene
Expansion pertaining, among other things, to an announcement
that a subsidiary of the registrant recently won a multi-
million dollar contract to construct a polypropylene plant at
the Phillips Sumika Polypropylene Company Houston chemical
complex in Pasadena, Texas.

     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 January 30, 1995
















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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:     February 2, 1995              By: _______________________
                                   Robert M. Kennedy
                                   Vice President -
Legal




























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                        EXHIBIT INDEX



Exhibit                                 Sequentially
Number              Description              Numbered Page

    20                   Press Release of
                    January 30, 1995         5 of 6
                    Incorporated by Reference
































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 5





FOR IMMEDIATE RELEASE     Contact - Guy T. Marcus
January 30, 1995                    Vice President-Inv. Rel.
                                    (214) 978-2691

               BROWN & ROOT WINS MULTI-MILLION
                  POLYPROPYLENE EXPANSION

     DALLAS, Texas -- Halliburton Company announced today that
the Brown & Root Petroleum and Chemicals business unit of its
Brown & Root, Inc. subsidiary recently won a multi-million dollar
contract to construct a polypropylene plant at the Phillips
Sumika Polypropylene Company (PSPC) Houston chemical complex in
Pasadena, Texas.  Brown & Root also will provide procurement
services for bulk materials.

     The construction project consists of a 270-million pounds-
per-year gas phase polypropylene plant using Sumitomo's
technology, a feedstock fractionation unit, and a flare system.
It also includes demolition and modifications to existing
facilities.  The mechanical completion of the project is
scheduled for the 1996 second quarter and the project will employ
about  800 people during the peak of construction.

     When combined with the existing polypropylene unit, the new
plant will increase total production to 750-million pounds
annually, making PSPC's Houston chemical complex the sixth
largest polypropylene producer in the United States.

 6
     Headquartered in Houston, PSPC is a partnership formed in
1992 between Phillips Petroleum Co. and Sumika Polymers America
Corp., a subsidiary of Sumitomo Chemical Co., Ltd.

     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, and property and
casualty insurance services.

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