



                                                                    EXHIBIT 23.1

               CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

     As independent public  accountants, we hereby  consent to the incorporation
by reference in registration statement No. 33-54881 of our report dated  January
22, 1997 included in Halliburton Company's Form 10-K for the year ended December
31, 1996  and  to  all  references to  our Firm  included in  this  registration
statement.



                                            /s/  Arthur Andersen LLP
                                            ---------------------------
                                                 ARTHUR ANDERSEN LLP

Dallas, Texas
May 15, 1997




