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)

                                 MARCH 12, 2001

                               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

                       The Exhibit Index Appears on Page 4


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  March  12,  2001  registrant   issued  a  press  release   entitled
"Halliburton and Landmark Graphics  Complete  Acquisition of PGS Data Management
Division" pertaining, among other things, to an announcement that registrant and
its wholly owned business unit,  Landmark Graphics  Corporation,  have completed
the acquisition of PGS Data Management, a division of Petroleum Geo-Services ASA
for  approximately  $175  million cash  consideration.  The  acquisition  is not
expected to be dilutive to  registrant's  earnings in 2001 and is expected to be
accretive after that.

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 March 12, 2001.

                       The Exhibit Index Appears on Page 4


         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:    March 13, 2001                By: /s/ Susan S. Keith
                                               Susan S. Keith
                                               Vice President and Secretary

                       The Exhibit Index Appears on Page 4

                                  EXHIBIT INDEX

Exhibit                    Description
- -------                    -----------

20                         Press Release Dated March 12, 2001

                           Incorporated by Reference


FOR IMMEDIATE RELEASE               Contact: Guy T. Marcus
March 12, 2001                               Vice President-Investor Relations

                          PGS DATA MANAGEMENT DIVISION

         DALLAS,  Texas -- Halliburton  Company (NYSE:HAL) and Landmark Graphics
Corporation,  a wholly owned business unit of Halliburton,  today announced that
they have completed the acquisition of PGS Data Management  (PGSDM),  a division
of Petroleum  Geo-Services ASA (NYSE: PGO and OSE: PGS) for  approximately  $175
million  cash  consideration.  The  acquisition  further  expands  the  Landmark
Graphics  portfolio of  industry-leading  technology  management  solutions  and
services by adding  PGSDM's  PetroBank  solutions.  PetroBank  solutions are the
industry  leader for cost  effective  internet  enabled  storage,  browsing  and
retrieval of large  volumes of quality  controlled  exploration  and  production
(E&P) data and information.
         Under the agreement,  Landmark  Graphics  acquired PGSDM, its PetroBank
solutions and related  trademarks.  Landmark Graphics will manage the technology
and services of the PGSDM acquisition as part of its core business. In addition,
the parties entered into a contract for Landmark  Graphics to provide  strategic
data  management and  distribution  services to Petroleum  Geo-Services  and its
affiliates.  The  acquisition  is not  expected to be dilutive to  Halliburton's
earnings in 2001 and is expected to be accretive after that.
         PGSDM's  proven   network-centric   products  and  services  offer  E&P
companies the ability to find,  access and exploit relevant  information on a 24


Halliburton Company                              page 2

hours a day,  7 days a week  basis  through  web-based  access to all  PetroBank
centers worldwide. The PetroBank solution gives secure timely access to data and
applications, facilitating quality decisions while reducing risk and cost.
         The  PetroBank  web-based  geographic  information  systems  technology
provides full entitlement control for secure browsing, selecting and ordering of
E&P data.  As an example,  a customer's  seismic data can be ordered down to the
seismic trace level providing a unique E&P industry offering. In addition to the
speed  and  security  features,  PetroBank  has more than 90  terabytes  of data
available  online,  providing  comprehensive  information  for more than 250,000
square  kilometers of Petroleum  Geo-Services'  worldwide  data on prospects and
producing basins.  PetroBank has been selected as the repository for E&P data in
Norway and Brazil.
         Landmark  Graphics is the leading  supplier of integrated E&P technical
and economic  software and services which support decision making about finding,
drilling,  and  producing  oil and gas.  Knowledge-based  E&P  companies are now
turning  to  Landmark  Graphics  for  technical-to-business   (T2BTM  )  process
integration  for  improving  returns on their  investments.  Visit the  Landmark
Graphics Web site at
         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