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)

                                  JULY 17, 1997

                               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. 75-2677995

                               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  July  17,  1997,   registrant   issued  a  press  release  entitled
Halliburton 1997 Third Quarter Dividend  pertaining,  among other things,  to an
announcement  that  registrant's  board of  directors  declared a third  quarter
dividend of 12.5 cents per share on registrant's common stock, payable September
24, 1997 to  shareholders  of record at the close of business  on  September  3,
1997. The 1997 third quarter cash dividend of 12.5 cents per share is equivalent
to the rate paid prior to the announced two-for-one split in registrant's common
stock which will be effective July 21, 1997.

         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 July 17, 1997.














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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: July 17, 1997                         By:  /s/ Susan S. Keith
                                               ---------------------------
                                                  Susan S. Keith
                                                  Vice President, Secretary and
                                                  Corporate Counsel

























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                                  EXHIBIT INDEX



Exhibit                                                         Sequentially
Number                       Description                        Numbered Page

    20                       Press Release of
                             July 17, 1997                           5 of 5
                             Incorporated by Reference































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FOR IMMEDIATE RELEASE                        Contact - Guy T. Marcus
July 17, 1997                                          Vice President-Inv.Rel.
                                                       (214) 978-2691

                     HALLIBURTON 1997 THIRD QUARTER DIVIDEND

     DALLAS, Texas -- Halliburton  Company's board of directors today declared a
third quarter cash dividend of 12.5 cents a share on the company's common stock,
payable September 24, 1997 to shareholders of record at the close of business on
September 3, 1997.

     Previously,   Halliburton  announced  a  two-for-one  common  stock  split,
effected in the form of a stock dividend, to shareholders of record at the close
of business on June 26, 1997.  Certificates for the new shares will be mailed on
or about July 21,  1997 and par value will  remain at $2.50 per share.  The 1997
third  quarter 12.5 cents a share cash  dividend is  equivalent to the rate paid
prior to Halliburton effecting the two-for-one common stock split.

     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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