

                       SECURITIES AND EXCHANGE COMMISSION

                             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)

                                FEBRUARY 26, 1998

                               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






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         INFORMATION TO BE INCLUDED IN REPORT

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  February  26,  1998  registrant  issued  a press  release  entitled
 Halliburton  and  Dresser   Industries   Announce  $7.7  Billion  Stock  Merger
 pertaining,  among other things, to an announcement that registrant and Dresser
 Industries have entered into a definitive merger agreement unanimously approved
 by the  board of  directors  of both  companies.  Dresser's  shareholders  will
 receive one newly  issued share of  registrant's  common stock for each Dresser
 common  share.  The  transaction  as of the close of the market on February 25,
 1998 was  valued at $44.00  per  Dresser  share,  totaling  approximately  $7.7
 billion. The transaction will be accounted for as a pooling of interests and is
 expected to be tax-free for Dresser's shareholders.  The resulting company will
 continue to be called Halliburton Company.

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 February 26, 1998.





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                                   SIGNATURES

         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:    February 27, 1998                By:   /s/ Susan S. Keith
                                             -----------------------------
                                             Susan S. Keith
                                             Vice President and Secretary




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                                  EXHIBIT INDEX


Exhibit                                                    Sequentially
Number                   Description                       Numbered Page

20                       Press Release of                   5 of 7
                         February 26, 1998
                         Incorporated by Reference







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