

FOR IMMEDIATE RELEASE                       Contact: Guy T. Marcus
November 19, 1997                                    VP-Inv. Rel.
                                                     (214) 978-2691


              ORTIZ NAMED PRESIDENT OF HALLIBURTON ENERGY SERVICES


         DALLAS, Texas - Dick Cheney,  chairman of the board and chief executive
officer of the  Halliburton  Company  (NYSE:HAL),  announces the  appointment of
Edgar Ortiz, 54, as president of the company's Halliburton Energy Services (HES)
business unit.
         With more than 29 years  experience in the oil service  business and 20
years  with  Halliburton,  Ortiz  replaces  Zeke  Zeringue  who has  elected  to
voluntarily  resign  from the  company  at the end of the year to  pursue  other
interests.  Ortiz  has  held  numerous  management  positions  with  Halliburton
including,  most  recently,  senior  vice  president-global   operations,   with
responsibility for all HES business operations worldwide.
     "Halliburton  Energy Services'  success has been designed and achieved by a
broad  cross-section  of leaders and key members of the  company,"  said Cheney.
"Edgar's extensive experience in engineering and business development along with

                                     -more-

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Halliburton Company                             2

his knowledge of  the global marketplace provides  him with a solid track record
for this position."
         Halliburton Energy Services is a leading provider of products, services
and integrated solutions for crude oil and natural gas exploration,  development
and production.
         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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