


                                                                    EXHIBIT 23.1

                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

     As independent public  accountants,  we hereby consent to the incorporation
by reference in this S-8 registration  statement 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

November 20, 1997




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