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)

                                 AUGUST 16, 2000

                               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





                                Page 1 of 7 Pages
                       The Exhibit Index Appears on Page 4

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 August 16, 2000 registrant issued a press release entitled "Halliburton Announces Terms of Cheney Departure," announcing the terms relating to the departure of Dick Cheney, registrant's chairman of the board and chief executive officer. Said terms are detailed in Exhibit 20 to this Current Report. Registrant also announced that Dave Lesar will succeed Mr. Cheney as registrant's newly appointed chairman, president and chief executive officer effective August 16, 2000. 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 August 16, 2000. Page 2 of 7 Pages The Exhibit Index Appears on Page 4

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: August 17, 2000 By: /s/ Susan S. Keith ----------------------------------- Susan S. Keith Vice President and Secretary Page 3 of 7 Pages The Exhibit Index Appears on Page 4

EXHIBIT INDEX Exhibit Sequentially Number Description Numbered Page 20 Press Release of 5 of 7 August 16, 2000 Incorporated by Reference Page 4 of 7 Pages The Exhibit Index Appears on Page 4




FOR IMMEDIATE RELEASE                Contact:  Guy T. Marcus
August 16, 2000                                Vice President-Investor Relations
                                               (214) 978-2691


                 HALLIBURTON ANNOUNCES TERMS OF CHENEY DEPARTURE

         DALLAS,  Texas - Halliburton Company (NYSE:HAL) announced the following
terms relating to Dick Cheney's  departure  from the company which were approved
by  its  board of  directors  in  a  special  meeting  held  on  July 25,  2000.

         o Mr. Cheney will  resign as  the  company's chairman  of the board and
           chief executive officer effective today.
         o Mr. Cheney is over  age 55 and qualifies  for  early retirement under
           the company's long-standing retirement policy applicable to all U. S.
           employees.  His  resignation will  be treated  as an early retirement
           for benefit and compensation plan purposes.
         o Mr. Cheney  elected to  resign.  No severance  benefits  will be paid
           under his executive employment agreement.
         o In connection with his  early retirement,  the board has approved Mr.
           Cheney retaining his previously granted and outstanding stock options
           on  a  total  of  1,160,000  shares of  Halliburton  common  stock as
           permitted  by  the  agreements covering  six  separate  stock  option
           grants.  Currently,  400,000  of  the  1,160,000  option  shares  are
           unvested.  Under  the  terms  of  his stock  option  agreements,  his
           unvested  options will continue to vest in accordance with the normal
           three-year  vesting schedule.  Each  grant has a 10-year term and the
           options under each grant will be  exercisable until expiration of the
           applicable term.  Mr. Cheney's  options  were  granted with  exercise
           prices equal to the market price of Halliburton's common stock on the
                                   - more -


                                Page 5 of 7 Pages
                       The Exhibit Index Appears on Page 4



Halliburton Company page 2 date of each option grant. The prices that Mr. Cheney must pay to exercise the options range from $21.00 to $54.00 per share. o The board also approved the lapse of restrictions on 140,000 shares of previously granted restricted Halliburton common stock in accordance with the terms of the agreements governing the grant of these shares. o Pursuant to the provisions of the company's annual incentive plan, the board has approved Mr. Cheney receiving a prorated portion of any annual incentive payment which may be earned for the 2000 plan year. o Mr. Cheney will be entitled to standard retirement benefits under Halliburton's qualified retirement and savings plan, which is an account balance plan, not a pension plan. o Mr. Cheney will not receive a supplemental retirement benefit contribution for the 2000 plan year. These actions follow Halliburton's early retirement practices in connection with the retirement of other senior executives in recent years. The company will record approximately $8.5 million of one-time expense during the third quarter of 2000 related to all the items listed above. Dave Lesar, who today succeeds Cheney as Halliburton's newly appointed chairman, president and chief executive officer, said, "Dick Cheney has provided Halliburton with outstanding leadership during his five years with Halliburton. He has worked together with the management team to establish corporate strategies that have strengthened the company's technological and worldwide presence. Halliburton has benefited from internal restructuring programs and a number of strategic acquisitions, such as Dresser Industries, Landmark Graphics Corporation and NUMAR Corporation. Halliburton's shareholders also have benefited from a 150 percent increase in the value of Halliburton's common stock price during Dick Cheney's tenure." - more - Page 6 of 7 Pages The Exhibit Index Appears on Page 4 Halliburton Company page 3 Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction Group business segments. The company's World Wide Web site can be accessed at http://www.halliburton.com. ### Page 7 of 7 Pages The Exhibit Index Appears on Page 4