Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LESAR DAVID J
   2. Issuer Name and Ticker or Trading Symbol
HALLIBURTON CO [HAL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, Pres. and CEO
(Last)
(First)
(Middle)
1401 MCKINNEY, SUITE 2400		 3. Date of Earliest Transaction (Month/Day/Year)
01/05/2006
(Street)

HOUSTON, TX 77010		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/05/2006   S(1)   5,000 D $ 65.8 679,999.98 D  
Common Stock 01/05/2006   M   10,000 A $ 39.5 689,999.98 D  
Common Stock 01/05/2006   S(1)   10,000 D $ 65.8 679,999.98 D  
Common Stock 01/05/2006   M   10,000 A $ 51.5 689,999.98 D  
Common Stock 01/05/2006   S(1)   10,000 D $ 65.8 679,999.98 D  
Common Stock 01/05/2006   M   10,000 A $ 31.55 689,999.98 D  
Common Stock 01/05/2006   S(1)   10,000 D $ 65.8 679,999.98 D  
Common Stock 01/05/2006   M   10,000 A $ 26.03 689,999.98 D  
Common Stock 01/05/2006   S(1)   10,000 D $ 65.8 679,999.98 D  
Common Stock               20,000 I Partnership

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Buy Common Stock $ 39.5 01/05/2006   M     10,000 12/02/2000 12/02/2009 Common Stock 10,000 (2) 152,100 D  
Option to Buy Common Stock $ 51.5 01/05/2006   M     10,000 09/14/2001 09/14/2010 Common Stock 10,000 (2) 200,000 D  
Option to Buy Common Stock $ 31.55 01/05/2006   M     10,000 04/01/2003 07/19/2011 Common Stock 10,000 (2) 46,408 D  
Option to Buy Common Stock $ 26.03 01/05/2006   M     10,000 01/02/2004 01/02/2014 Common Stock 10,000 (2) 56,666 D  
Option to Buy Common Stock $ 64.78             12/07/2005 12/07/2015 Common Stock 90,000   90,000 D  
Option to Buy Common Stock $ 44.08             03/03/2005 03/03/2015 Common Stock 100,000   100,000 D  
Option to Buy Common Stock $ 38.61             12/02/2004 12/02/2014 Common Stock 69,000   69,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LESAR DAVID J
1401 MCKINNEY
SUITE 2400
HOUSTON, TX 77010		   X     Chairman, Pres. and CEO  

Signatures

 Robert L. Hayter, by Power of Attorney   01/06/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 2, 2005.
(2) Options disposed of through exercise pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 2, 2005.

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