NEW YORK (CNN/Money) - Oil services provider Halliburton Co. said Tuesday it has settled 30 asbestos-related claims pending in New York.

Terms of the settlements were not disclosed, but the company said the value was "consistent with the company's historical averages for these types of claims."

Halliburton (HAL: Research, Estimates) said it does not usually comment on settlements unless they are material, but has made an exception because of "widespread investor interest in these particular cases."

The company said at its "recent meeting with analysts and investors there were numerous inquiries with respect to the status of these particular cases, which includes one that had been presented to a jury."

Halliburton, which until August 2000 was led by Vice President Dick Cheney, has been stung by $150 million in asbestos-related damages awarded in recent months. Asbestos once was widely used as a fireproofing and insulation material and in some cement products, but scientists concluded that inhalation of asbestos fibers could cause diseases, including lung cancer.

Halliburton (HAL: Research, Estimates) shares, which fell 30 cents to $19.10 in the U.S. markets Friday, were 2 percent higher in Europe early Tuesday.