
<TABLE> <S> <C>

<ARTICLE>                     5
<LEGEND>
The schedule contains summary financial information extracted from the
Halliburton Company consolidated financial statements for the three months
ended March 31, 1998, and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER>                                   1,000,000
<CURRENCY>                                     USD
       
<S>                             <C>
<PERIOD-TYPE>                   3-mos
<FISCAL-YEAR-END>                              Dec-31-1998
<PERIOD-START>                                 Jan-01-1998
<PERIOD-END>                                   Mar-31-1998
<EXCHANGE-RATE>                                1
<CASH>                                         93
<SECURITIES>                                   0
<RECEIVABLES>                                  2366
<ALLOWANCES>                                   0
<INVENTORY>                                    376
<CURRENT-ASSETS>                               3061
<PP&E>                                         4091
<DEPRECIATION>                                 2355
<TOTAL-ASSETS>                                 5805
<CURRENT-LIABILITIES>                          1872
<BONDS>                                        538
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       673
<OTHER-SE>                                     2016
<TOTAL-LIABILITY-AND-EQUITY>                   5805
<SALES>                                        0
<TOTAL-REVENUES>                               2355
<CGS>                                          0
<TOTAL-COSTS>                                  2093
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             11
<INCOME-PRETAX>                                198
<INCOME-TAX>                                   77
<INCOME-CONTINUING>                            118
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   118
<EPS-PRIMARY>                                  0.45
<EPS-DILUTED>                                  0.44
        


</TABLE>
